It is unfortunate that Mind Solutions Inc (OTCMKTS:VOIS) agreement with Amazon.com bought it only a day old rally. The stock price of the company failed to take off during the previous day as it retreated from the gains made during the earlier day. The stock of Mind Solutions Inc (OTCMKTS:VOIS) closed in red, slipping by over 4.50% to $0.00210.
The Master Distribution Agreement
As per the most recent press note, Mind Solutions Inc (OTCMKTS:VOIS) announced that it had signed a Master Distribution Agreement with the online retail giant, Amazon.com. The agreement relates to the retail sale of the company BCI (Brain-Computer-Interface) on Amazon’s platform across the United States and India. As per the agreement, the company will be free to market and distribute the smallest BCI, “NeuroSync”. The agreement included the provision of running a 30 second and 60-second commercial advertisement on TV. The said advertisement will be launched on both the distributor’s networks and partner television channels.
More about the BCI
The terms of the agreement provide that Mind Solutions Inc (OTCMKTS:VOIS) will pay a specified percentage of sales attained on the Amazon’s platform to the Distributor. The company stressed on the significance of having a distribution group, which has a record of generating more than $100 million in annual sales.
The company has already started taking pre-orders for BCI starting 28th April, 2015 at an offer price of $99. The company’s BCI is the world’s smallest interface, which is worn on the ear, just like a Bluetooth device.
The company claims that its “NeuroSync” is built to run with more than 100 thought-driven APPS, which are presently available in the market. The interface could communicate with apps ranging from mind games to accessibility and brain efficiency, which are designed for both computers and Smartphones. Earlier to this announcement, Mind Solutions Inc (OTCMKTS:VOIS) notified the change in its Registrant’s Certifying Accountant.