LogicMark Inc. Stock Analysis LGMK

LogicMark, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). The company is headquartered in Louisville, Kentucky and currently employs 33 full-time employees. The company went IPO on 2013-08-02. Its devices provide people with the ability to receive care at home and age independently. Its PERS devices incorporate two-way voice communication technology directly in the medical alert pendant and provide life-saving technology. These PERS technologies are sold direct-to-consumer through its e-commerce Website, through dealers and distributors, as well as through the United States Veterans Health Administration (VHA). The company provides no monthly fee products, which only require a one-time purchase expense, instead of a contract with recurring monthly charges. Its no-monthly-fee products contact family, friends, or 911 directly, eliminating the recurring monthly fee from a monitoring center. Its PERS products include Guardian Alert 911 Plus, Freedom Alert Plus, Guardian Alert 911, Freedom Alert Mini, and more.