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Re: Gold prospector post# 342

Saturday, 08/11/2018 12:47:03 PM

Saturday, August 11, 2018 12:47:03 PM

Post# of 414
INND See Below Why it will run to multiple Dollars Easily!

CEO said they're going for Nasdaq listing to me in an email last night.

The cheapest hearing aid they sell is $499.00. So when they roll out to all Walmart stores, even if they only sell one a week in each store, which doesn't include online sales, they will be bringing in nearly three quarters of a million Dollars, a week! Or that's $38,169,508 per year.


https://www.nohasslehearing.com/


The teeny sound amplifier is $395.00. So if they sell one of those at every Walmart each week that's $581,045 revenue each week or $30,214,340 per year!

https://www.walmart.com/ip/Teeny-Sound-Amplifier-Fits-Either-Ear-Clear-Color-Premium-In-the-Ear-Sound-Amplification/272111527

So, if they only sell only one of the teeny sound amplifier in each Walmart each week (that's the two cheapest models they sell), that will be combined revenues of $68,383,848 per year (for the most basic hearing aid at $499 and the Teeny Sound Amplifier at $395. I'm working on Walmart having 1471 stores in the USA - I'm doing this from memory, so the number of stores might be slightly wrong).

I don't know what their profit margins are but I'd guess they're a very high percentage of the sale price.

The hard work has already been done in product development, tooling up for production, making sure the product works, is easy to use and can be used by the elderly who will also have limited ability to use their hands at their age.

Here's the email the CEO sent to me yesterday which explains the 8K yesterday much better:


I can’t get into the specifics.

Plus I only talk about what has already been disclosed between our filings. I have not talking about anything that has not already been disclosed.

The share increased was solely due to where the stock was at when it was trading around the $.01 to $0.05 range. Just need to increase and have the ability to raise capital or acquisitions of assets or talent.

It was planned out, that we changed our shares to preferred to free up authorized shares to bring in new capital. It was always planned to convert back to common stock once the authorized was approved, which it was approved at the beginning of the week.

InnerScope and the management team is doing everything possible to make a valuable company with great financials and in the coming weeks and months we will be announcing and enacting business plans to make that happen.

So please stay tuned for great news in the coming weeks.

Warm regards,
Matt


Matthew Moore
CEO and Co-Founder
InnerScope Hearing Technologies
Stock Symbol: INND
Corporate Website: www.innd.com
E-Commerce Website: www.NoHassleHearing.com
E-Commerce Website: www.HearingBenefit.com

2151 Professional Drive, 2nd Floor
Roseville, CA., 95661
916-218-4100

My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.

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