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"FOUR business days until Easy Bake has to have the Q3 financials filed."
Yes, looking forward to updates on:
Audited financials
More meaningless marketing "partnerships" (We'll let you sell your crap online only, we won't stock any of your garbage or allow in-store returns.)
How the Moore family got paid but employees were stiffed.
Update on the lawsuits
How dilution brought in hundreds of thousands of dollars and yet there is ZERO cash on hand
Come on Easy Bake Mommy - paint us a rosy picture...
"Matty boy HIMSELF said they needed to be paid because he promised them such payment for MONTHS and MONTHS in emails. "
WAIT? WHAT?
So, why didn't Matt the slug just pay them? I can guarantee you that Matty, Easy Bake Mommy, Lazy Boy Daddy paid themselves.
What a bunch of A$$holes.
"Matt doesn't have the balls for an R/S."
At some point, the price will fall so low that it will get delisted.
Matt may have no choice to keep the gravy train going.
"Almost time to start playing this scam again."
Absolutely, time to load up the boat. BUY,BUY,BUY.
Don't "invest" more than you can afford to lose...
"25M share DUMP at 0.00038."
Experienced scalpers have had years of fun with this POS. The roller coaster price swings are great for those who know how to take advantage.
I'm not one of those traders unfortunately. Can't stomach the wild swings.
Has the era of swing trading INND come to an end because of the staggering dilution? Soon to be 15 BaBaBillion shares?
Good luck to anyone buying shares. Hope you know what you're doing...
"Is this the bottom or should we wait"
The bottom for this POS is bankruptcy!!!
Forty shares now required to buy one sheet of toilet paper. What exactly do you think happens to the millions of dollars brought in from dilution? Straight to the Moore family. All sources of revenue magically disappear as soon as they arrive. Cash on hand never, ever goes up.
Where has all the cash gone?
Tens of millions of dollars from dilution, loans, warrants, revenue.
Even a cool $250,000 from Paycheck Protection Program
Just gone... POOF!
Cash on hand never exceeds about $80,000. Just enough to keep the lights on until then next dump of shares.
Innerscope has been very, very good for the Moore family.
They never invested a penny and yet their private fortunes are protected. Shareholders? Nah, use 20 shares to buy a square of toilet paper.
"Matty boy DUMPS over 246 MILLION SHARES last week."
Midwestrader - the only thing you should focus on is when the audit will be released. Then we will learn what has happened to the millions and millions of dollars that have flowed into INND but strangely have never landed on the balance sheet. Just went "POOF"
" proof of this 5 billion disappearing"
First of all, it's a prediction as in "crystal ball"
Based on the fact that 10 billion shares have already been dumped
Aaaannd there are 5 billion more shares waiting to be dumped. Do you believe that Matty will stop now?
I peered into my crystal ball - want to know what I saw?
5,000,000,000 shares being released into the wild
Cash going poof into thin air
Audit never, ever gets finished
SEC reporting is a sure thing, just six months away
Good luck, I hope some people make money off this POS (besides the Moore cartel). Please don't "invest" more than you can afford to lose.
"Once a scam artist, always a scam artist."
Ever wonder where all the cash goes?
INND claims profitable 2022 - Cash on hand remained about the same
Dumped billions of shares - Cash on hand remained about the same
Where did the millions go??? Dividend?? Ha Ha Ha.
Even if Matty somehow manages to sell thousands of hearing aids, the cash will disappear. 5,000,000,000 more shares to dump and the cash will go POOF.
Shareholders will be screwed no matter what.
"Matty and his family OWN this business"
Yup! Shareholders have zero say in the company. Any reputable company lets shareholders vote on share printing, board of directors, acquisitions, etc.
Any money flowing in from profits and dilution goes directly into the pockets of the Moore clan. Cash on hand never, ever increases even after massive dumps.
The bottom section of the post is a direct quote from the complaint filed by Floyd Kuriloff against InnerScope. Lot's more: Main Document
Here is my summation as I understand the paragraph from the filing document:
Kuriloff was to get $5 million worth of shares at .0089 cents per share
Matty the slug priced the shares at .17 cents per share
Instead of getting 561,797,752 shares, Kuriloff got 29,411,764 shares.
Then Matty issued a press release that millions of shares had been issued at .17 cents resulting in INND market cap of over $1,000,000,000
No wonder Kuriloff is pissed...
"20. With respect to the remaining $5 million worth of INND Common Stock due to be issued under the SPA, the INND Defendants issued the additional $5 million worth of INND Common Stock due under the agreement at $0.17 per share (the “Overvalued Shares”). A price that was nearly fifteen times in excess of the price of INND’s Common Stock at the date of closing and nearly 20 times in excess of the contractual price of $0.0089 per share. So that the INND Defendants could report to the public markets that it had issued Common Stock at a price of $0.17 per share, placing a market capitalization of over $1 billion on INND, while in reality the true market value of INND was a small fraction of that."
"Shows what they think of their own ticker."
They effectively own the company.
Shareholders have no influence on any decision. None! Moore clan owns all of the preferred shares.
They created the shares simply by submitting a filing.
The way I look at it is that they "owned" 15 Billion shares and have sold 10 billion so far
They sold the shares and pocketed the proceeds. Shareholders got diluted into oblivion.
"Continued progress to release audited financials"
You have to be kidding??? How many years has Matty used this as a milepost for success?
Yeah, sorry we're constantly late with our filings (Easy Bake Mommy is just too busy)
Our reports are so sketchy that they need to be audited
So sad to report that it will take years for finish the audit for this tiny POS with tiny sales and a small staff
Oh, and that lawsuit alleging fraud - don't worry our personal fortunes won't be affected. If the company goes under, oh well.
"A staggering 17.9 million shares were exchanged"
With a share price down around .0008, the total cost of 18 million shares is not even "Naval Lint" for institutional investors. They spend that much on a single international business class airfare.
There are zero institutions looking at any company under $5.00 per share. Especially with the sketchy history of this POS.
Gee, haven't heard much from Matty the human whoopie cushion lately. Maybe he's too busy shipping hearing aid orders now that selling shares isn't profitable.
"a counter suit has been filed against Kuriloff"
I guess Matty will have to increase the dilution to pay for lawyers?
Nah, nothing to worry about. No money in the bank, endless dilution, endless audit promises, Matt, Mommy, Daddy raking in millions while shareholders are left holding a bag of dog Sh!t.
"So, ya buying more tomorrow?"
Toilet paper is a better investment...
"Is this the week?" - Bankruptcy protection coming soon.
I watched a video of an investor who specializes in micro-cap stocks. Below is how he eliminates scams.
First he googles the management team for fraud - INND - Yes
Management rents office space from family owned building - INND - Yes
Bizarre funding. Common, preferred, warrants, unfavorable loans - INND - Yes
Frequent dilution - INND - Yes
There you have the INND situation - TOTAL SCAM!!!
"creeping toward TEN BILLION SHARES"
The Moore Cartel will continue doing this until bankruptcy. Why would they stop?
Anyone thinking about buying this POS should be asking - Where the hell is all that money going? No money in the bank, earnings disappear as fast as they come in.
Endless Audit bullshit
Endless marketing gimmicks - kiosks and cardboard displays
How about posting the Moore family compensation and business expenses? Travel, dining, golf outings, everything. Let's see the extent of the graft.
Oh dear Lord... Another round of Audit diarrhea?
I suppose Matty needs a team of auditors just to keep track of the dilution.
How about posting the current Moore family compensation?
Where the hell has all the money gone? Millions and millions coming from dilution and yet nothing in the bank. How does that work?
"More News Coming……"
Hey Matty the slug, how about some news revealing where all the money has gone?
Supposedly a profitable last quarter - Millions and millions revenue from dilution
Where did all the Benjamins go??
When will you report Moore family compensation? Are you paying yourself $1,000,000 dollars? Or more? How about Mommy and Daddy? They up to $750K yet?
Let's see - at this price, it takes about 9 shares of INND stock to buy one sheet of toilet paper.
Contrats Matty the slug, you've diluted your company into the toilet. You sir are the master of selling shares. Hearing aids?? Nah, that's a suckers game that takes work.
" they sold 1000"
Brilliant scam would be to have some anonymous person purchase thousands of them to bump up the sales and then return them the next month.
Pitch the sales and hide the returns.
"and yet you are asking for more knowing it is a total scam."
And yet the Moore cartel will walk away with tens of millions of dollars accumulated over years of selling shares, not hearing aids.
I'm so jealous. Matt is an utter slug but somehow he persuaded a lot of people to buy his toilet paper shares. Me included in the list of suckers.
"we thought you could actually pull it off and be a real company"
I had that delusion years ago. Then Matty's unending failures and constant share dumping convinced me that he never intended to sell hearing aids, just shares.
Yep! "Thats not Matts MO."
Matty sells shares, not hearing aids.
I'm really envious - Moore clan taking in millions and millions of dollars since this con job started. Wish I had the coconuts to pull this off and not worry about going to jail.
"Because so many people have bad tastes in their mouths"
I got InnerScoped from the other end...
"This SCAM is toast."
And the Moore Family Cartel rides off into the sunset in a Brinks truck full of shareholder money.
The End!
What's going on?
Matty has billions of shares to peddle and no one is buying.
I'm sure he has a few more pump and dump cycles in him. Still money to be made by scalpers...
"InnerScope has acquired HearingAssist"
Yes, Matty boy used magic beans to acquire a dying company.
Riddle me this - if things are so wonderful in Innerscopeville then why the constant massive dilution of billions of shares?
The Moore family deeply appreciates funding from their LOYAL shareholders.
Also notice that not one Moore family member has ever purchased a single share. Tells you everything you need to know.
"a profitable company is worth more than a penny"
At some point there will be 15 Billion shares printed and sold for far less than a penny per share.
Ever notice that no matter how much money Matty raises there is never any cash on the balance sheet? No matter how many of these garbage devices they manage to sell, there will never be any benefit to shareholders.
Salaries will rise, bonuses will be lavishly handed out the the Moore family members. For shareholders, the only way to make a profit is to try to buy the dips and sell the rips.
From the just released report:
" The Company believes its employee relations to be excellent. "
Sure, Matty, Easy Bake Mommy, Lazy Boy Daddy, Sis, Cousin - all are getting huge salaries. Plus, Moore Clan owns all the voting shares. Ha, you get no say in what goes on...
"Yes over a HALF BILLION shares dumped"
But, but, but - Matty reported a profit. Why oh why would he need to dilute on a massive scale?
"Empowering Consumers to Take Control of Their Hearing Care with Direct-to-Consumer Hearing Aids."
Another Matty lie. How are kiosks and retail partnerships direct to consumer?
Every partnership eats into profits if there were any profit for this POS.
I'm not saying the partnerships are bad - I'd much rather deal with reputable retail outlets than INND directly. Allows you to buy this garbage and return it without hassle.