Got this pulse monitor from eBay, advertised as broken. When paired with a phone it always showed 100 bpm. Searching a bit on the Internet saw that quite a few people had this problem as well ("stuck at 100 bpm"). The front has three buttons, the middle one being pairing/on/off and the left and right ones supposedly change the tracks on your phone media player. Controls seem very similar to the bulk of bluetooth headphones. The backside has the sensor in the upper part - I suspect the pulse-oximeter type one - and two round pads for the charger dock. It's clear now why the bracelet does not give any readings: Due to bad engineering there is no proper strain relief for the wires between the sensor and the controller. I'm inserting a link break here since this post a lot of pictures.
Electronics and programming interspersed at various levels of difficulty.