Innerscope Hearing Technologies Inc (INND)

[petermic]

From August 1, 2018, through August 20, 2018, the Company received conversion notices for the issuance of 23,869,913 shares of common stock for conversion of $102,099 of principal and $20,054 of accrued interest on convertible notes.

23.9 million shares for $122,100 = $0.0051 - a half a penny.

At least $250,000 of convertible debt remains now which, if converted at the same price, would mean another 50 million shares to come.

That's before any additional financings, which look increasingly necessary. There's a reason they double the authorized shares to about 500 million. As long as people buy the shares, the Company will issue convertibles.