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Source : CNET News VeriChip, which has created a system for putting RFID chips into humans for medical-record tracking, held an initial public offering on Friday, and the company’s stock has been struggling ever since. The stock is currently trading at around $6.15. The company released 3.1 million shares in the IPO for $6.50 a share. Part of the problem is likely the lackluster sales for the company’s most famous product. Only 222 medical patients in total have opted to get RFID chips from VeriChip implanted as of the end of 2006, according to documents filed by the company with the Securities and Exchange Commission as part of its initial public offering. It’s a modest number, the company says, and revenue for these systems is far below projections. Leave your own comment |
RFID Resources
Spy Chips Electronic Privacy Information Center (EPIC) Electronic Frontier Foundation (EFF) Stop RFID No Cards - CASPIAN RFIDetail Zombie Wire No 2 ID RFID Wikipedia Extreme RFID RFID FAQ How Real ID will affect YOU Limitations of RFID: Myths Debunked RFid Gazette What Are Zombie RFID Tags? Find more on RFID privacy concerns Find more on RFID dangers Find more on RFID scams Find more on RFID hacking |
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