BSX LVL – Delays, investment and some angry backers

lvl-band-onelvl-bsx-bsxinsight-insightMy last update was that LVL hydration sensors were in ‘alpha’ round about now and that the data that had been produced so far has been good.

A recent update seems to now be setting a schedule for one year hence (2018).

There also seems to be a round of investment from Samsung and that is prompting/paying for a re-design.

I guess these things happen. But it’s a bit disappointing.

And there are quite a few backers who share that disappointment.

I’d be interested in any more info or thoughts anyone can share below:

The positive-thinking person in me would expect that Samsung saw a great global potential for this device (and I would agree with that) but wanted it exactly right, perhaps so that they could then licence (or acquire) the tech for their own-branded devices.

EDIT: BUT THE POSITIVE ME APPEARS TO BE WRONG – DON’T INVEST IN THIS.

10
Leave a Reply here

avatar
5 Comment threads
5 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
8 Comment authors
the5krunnerDRVNtomipEliDuathlon Champ Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Will Morgan
Guest
Will Morgan

My pragmatic view is that some updates were disingenuous and the $50k target woefully short of a realistic budget. But otherwise much of what I read is common in product development. Win some lose some, such is life.

Boris
Supporter

Meanwhile they could start a kickstarter campaign for “BRTH – breathing sensor”. ?

Gary Ogden
Guest
Gary Ogden

$50K !! They raised over $1.8m from backers so where has that money gone?

the5krunner
Admin

Good question.
I have some faith that this will turn out alright. Just on a much-delayed timescale. I don’t imagine Samsung will want to upset too many people.

Eli
Guest
Eli

Easy answer. $50k would have gotten then a basic product out the door that did hydration level. $1.8 million made them think they could develop a much better and well developed product to compete with the much much larger companies and they overshot. The basics are easy, the refinements are hard.

tomip
Guest
tomip

Come on, don’t trying to fool me by showing a few pieces of circuit broads! The are totally crab! Sound like you don’t even have a clue to how to make the product work?! You kept delaying the project and buying time to steal more money from Samsung before you bankrupt and disappear from the world.

I WANT THE REFUND NOW!!!!!!

DRVN
Guest
DRVN

Don’t believe it, folks. The tech does not exist and never did. The whole thing was a fraud. All the numbers and ‘results’ are pure fabrications, as were the timelines. This has been shown conclusively. https://www.dcrainmaker.com/2017/10/bsx-insight-lvl-hydration-sensor.html