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Re: BeamMeUpScotty post# 6680

Sunday, 08/19/2018 12:41:12 PM

Sunday, August 19, 2018 12:41:12 PM

Post# of 70354
Yup they got $14m from selling their old business. They would use some of this money probably for one or more of the activities below:

----to acquire a new brick and mortar company to add value to their already successful hearing devices business;

----to deploy new products, technology and software to serve over 40 million Americans and over a billion people world wide which still remain as an untapped market;

----to get product readiness for a new supplier deal;

----to new hires, research and development, marketing campaign; and

----to provide interest free financing to some clients in case they need them.

The above will increase the value of the company. I believe the company will disclose some exciting developments in the coming weeks or probably as early as next week.

They're using the $14m they got from selling their old bricks and mortar business to finance huge expansion and move on to much bigger and better things.



$INND$

Disclosure: This post is just my opinion, not intended for investment advice. Do your own DD before trading/investment decisions.