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RemSleep Holdings Inc. (OTC:RMSL) Stock On Radar after New Patent

After having made a major new announcement today, it is expected that the RemSleep Holdings Inc. (OTC:RMSL) stock would be in focus among investors this week. In this feature, we take a look into the implications of the latest development.

Patent Award

The company announced that it had been awarded a utility patent from the United States Patent and Trademark Office.

Further Announcement

However, in addition to the patent award, the company also announced that it had received the delivery of the silicone material for producing the inventory of its new Deltawave nasal pillow interface mask. The product had also been cleared through a 510 (K). In the news release, RemSleep Holdings announced that it expected the product to hit the market soon. The distributors were waiting for the receipt of samples, and as soon as the first inventory was received, it would be made available through direct to consumer channels.

The Journey

In the news release, RemSleep Holdings also stated that its journey with regards to the Deltawave product had been challenging. The company described the journey as ‘brutal’. However, the product was going to be made available soon to those suffering from sleep issues, and that was ultimately the aim of RemSleep Holdings all along. It may be a good time to keep an eye on the RemSleep Holdings stock this morning. 

Fundamentals

P/E Ratio-6.5800
PEG Ratio–
Price to Book20.79
Price to Cash Flow–
Price to Free Cash Flow–
Total Sales (TTM)0.14 M
Revenue per Share (TTM)0.00
Shares Outstanding1.509 B
Share Float (%)1,455.72 M (96.47%)
% Held by Institutions0.05

Published by Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.

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