Innerscope Hearing Technologies Inc (INND)

[petermic]

The explanation for continued weakness is continued dilution. This is almost invariably the case for penny stocks with lots of convertible debt, as this one has.

As I said last week, the 10Q will be delayed as long as possible to avoid disclosure of the on-going debt conversion and dilution. When the real share count is revealed the share price will plummet and INND will join the thousands of forgotten penny pumps down there in penny stock hell. Another likely scenario is that the company will never file the 10Q. Why would they?

The company has nothing that many other similar companies don't have - the technology is widespread and unprotectable. Prices for the devices will soon plummet. There is no business here worth paying money for.