NEMAURA MEDICAL, INC. (OTCMKTS:NMRD) Files An 8-K Other EventsItem 8.01. Other Events
Chowdhury, Dewan F.H.
The Shares have been retired and there are no shares of Preferred Stock currently issued and outstanding. The shares of Common Stock issued are subject to restrictions on resale under the Securities Act of 1933, as amended. The Registrant now has 205,000,000 shares of common stock issued and outstanding.
About NEMAURA MEDICAL, INC. (OTCMKTS:NMRD)
Nemaura Medical, Inc. is a holding company. The Company owns a diagnostic medical device company specializing in discovering, developing and commercializing specialty medical devices. The Company’s focus is on the development of a continuous glucose monitoring (CGM) device, which consists of a disposable patch containing a sensor, and a non-disposable miniature electronic watch with a re-chargeable power source. CGM through a non-invasive patch can enable early detection of subtle changes in blood glucose levels. The Company, through its operating subsidiaries, performs medical device research and manufacturing of a CGM, named sugarBEAT. The sugarBEAT device is a non-invasive, wireless device for use by persons with Type I and Type II diabetes, and may also be used to screen pre-diabetic patients. The sugarBEAT device extracts analytes, such as glucose, to the surface of the skin in a non-invasive manner where it is measured using sensors and interpreted using an algorithm.