Decent piece of kit
When I originally bought this, I thought it moved the hotshoe contacts to the adjustable one. Then I realized this is a cold shoe, even though it's made of metal. So all this does is give you a cold shoe you can pivot. Unless you have a pc socket or slave unit to fire your flash, this won't be of any use to you.
For what it is, it does work. The plastic foot is kind of tight on my Pentax, but maybe that's a good thing since it has no method to lock to the shoe. I would not trust a heavy flash on this. Construction is not very sturdy. Not sure how it will hold up.