I don’t know all the numbers but I’m guessing she made more than that along the way.[/quote]
She did.. most of it was in stock that she still had which she was also ordered to surrender. There is also another person who should be eyed: Ramesh Sunny Balwani, supposed one time boyfriend, 64 to her current 34 (take that back 10 years or more and think,…. ewwww). He was point person on the testing fraud, saying that all testing samples should be run through their other standard machines as opposed to their flagship while contracted diagnostic jobs could go through their ‘Einstein’ machine. His argument was that anyone who thought otherwise doesn’t have any legal experience. His background is CS. NOTE: I am not saying she is innocent, but there are two players of concern in Theranos, and Balwani seems to be one that SECs seems to target more than her.
Theranos was in the market of diagnostic testing. Their ‘Einstein’ unit was supposed to do the tests faster and with much less blood. NOTE: 1 cc of water contains 6.022 x 10^23 molecules of water, so 1/4 of the quantity is enough to sense ppm quantities of a material (with caveats following) in blood. 1ppm means that there will be (6.022/4) x 10^23 x 10^-6 or . 1.5055×10^17 molecules (one hundred and fifty million-billion) to work with for a 1ppm sense. It is possible to do diagnostics on small amounts. DNA test works with far less. The little device the hospital clamps on your fingertip – measures blood oxygen non-intrusively as well as heart rate for some installations.
Caveat: when drawing blood from a fingertip, it is not as pure as from artery (source), you are getting blood in ‘transition’, as it is being used by the body. It is also subject to being tainted by chemicals and substances that you recently handled and may either coat or partially permeate the skin. This made worse if a person being tested has poor circulation.
I found the tech interesting, but Theranos was not the only one looking at the tech. I could not see any ‘moat’ or lock-in to the tech. I was also bothered by the lack experience that Elizabeth Holmes had, and that this business was completely outside her field of study. The business was rather opaque, and DD was difficult. By the time my DD was done (what little I could do), the price had gone way past anything that I thought was remotely reasonable (even after getting totally drunk).
One thing to note; the Theranos test is more accurate with arterial blood than from a fingerprick.. but their whole selling point was you only needed a fingerprick. NOTE: Taking blood by fingerprick is much more painful than the traditional because of the number of nerve endings on the tip of a finger.
