Some Facts While there is generally positive news and comments on Venowave, some on here and at least one poster on CEO are bashing the potential with loosely based diatribe. Yes, there is arguably competition for Venowave but it does have attributes that other devices do not.
The following is just one of many articles/NRs related to Venowave, in this case before the rights were purchased by THRM. Make sure to read the comments as they were a harbinger of both the great and the ugly reality for marketing the device at the time.
https://www.ctvnews.ca/health/device-could-help-diabetic-leg-sores-heal-faster-1.850834/comments-7.300605
It was doomed for failure at that time, and since, primarily because of cost and quality control (as mentioned in a previous post). The codes take care of one problem. I expect Rob has made sure there are no issues with the other.
As to the suggestion that the addition of Michael Raimondo is a last ditch effort to make this work .....he's got more than enough on his plate. The only reasonable conclusion is that he believes he can make a difference. I don't expect he needs the money and why tarnish a reputation by getting involved with a "lame duck".