Innerscope Hearing Technologies Inc (INND)

[OldJames]

*****The Scoop on Innerscope - Updated DD*****

There has recently been a great amount of collective DD brought to light by many board members. I thought it would be beneficial for both new, old and potential shareholders to have it consolidated in one easily accessible place.


"Our goal is to build a nimble organization of forward leaning opportunities and in the process build great enterprise value for all of our stakeholders." -$INND

$INND is currently trading on OTC Markets OTCQB tier.
(not your typical "stinky pinky")

Company websites:
http://www.innd.com/
https://hearingbenefit.com/
https://www.nohasslehearing.com/
https://twitter.com/inndstock (NEW!)

https://www.otcmarkets.com/stock/INND/overview

Contact:
InnerScope Hearing Technologies, Inc.
Matthew Moore
CEO

[e-mail]
916-218-4100


"InnerScope Hearing Technologies, Inc. (“Company”, “InnerScope”) is a Nevada Corporation incorporated on June 15, 2012, with its principal place of business in Roseville, California. The Company was originally named InnerScope Advertising Agency, Inc. and was formed to provide advertising and marketing services to retail establishments in the hearing device industry. On August 25, 2017, the Company changed its name to InnerScope Hearing Technologies, Inc. to better reflect the Company’s current direction as a technology driven company with a scalable business to business (B2B) solution and business to consumer (and B2C) solution. Recently, the Company began offering its own line of FDA (Food and Drug Administration) registered Hearing Aids and its “Hearable”, and “Wearable” Personal Sound Amplifier Products (PSAPs)."


Current Share Structure:

Authorized: 490,000,000
(08/20/2018)

Outstanding: 91,846,858
(08/20/2018)
(both verifiable in the 10-Q for the quarter ending June 30, 2018)

Float: 31,790,000
(08/25/2018)
(According to finance.yahoo.com)



Insiders within this family business have loaded heavily.




Recent News:

InnerScope Hearing Technologies Receives its FDA Class I and II Importers Clearance on their ALPHA Brand Hearing Aid Device Products

https://globenewswire.com/news-release/2018/05/30/1513836/0/en/InnerScope-Hearing-Technologies-Receives-its-FDA-Class-I-and-II-Importers-Clearance-on-their-ALPHA-Brand-Hearing-Aid-Device-Products.html


Innerscope Announces Klarna Bank as a Financing Partner for an Easy Payment Solutions for its Online Shoppers

http://www.4-traders.com/INNE-HEAR-33624711/news/INNE-HEAR-InnerScope-Hearing-Technologies-Inc-Announces-Klarna-Bank-as-a-Financing-Partner-for-a-26613162/


InnerScope Hearing Technologies, Inc. Signs Supplier Agreement as a Direct Shipped Vendor ("DSV") for Walmart.com USA, LLC


https://finance.yahoo.com/news/innerscope-hearing-technologies-inc-signs-124500696.html

"We were excited when Walmart.com contacted us and wanted to be a retailer for all of InnerScope's hearing products," said Matthew Moore, CEO of InnerScope Hearing Technologies. "We signed the supplier agreement as Walmart.com's direct ship vendor in the U.S. for all of our hearing products and we are very pleased to have forge this new supplier relationship with an American company like Wal-Mart and Walmart.com. We know our affordable high-quality hearing products will be well represented online by Walmart.com. We our expecting great success and a long-term relationship with Walmart.com as a retail partner and we are looking forward to extending InnerScope's hearing products to Wal-Mart's brick and Mortar Stores," continued Mr. Moore.

"INND has plans on opening, operating and expanding a chain of audiological and retail hearing device clinics. INND's seasoned team of professionals, with collectively over 200+ years of experience in the hearing aid industry, including successful operations in hearing aid manufacturing and retail store management. Our team has the knowledge, relationships, and the experience to quickly deploy new products and software to serve approximately 1.2 billion people around the globe that are suffering with 25 db or greater hearing loss."



The article regarding a distribution relationship initiated by Walmart.com was released 08/01/2018

on 08/04/2018
$INND products started to arrive on Walmart.com's website

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

http://www.walmart.com/ip/BlackCat-Personalized-Sound-Amplifier/542735795

by 08/09/2018 all of Innerscope's products were available
https://ih.advfn.com/p.php?pid=nmona&article=78042394

by 08/24/2018 Walmart.com had set up an exclusive Innerscope Hearing Technologies products page!

https://www.walmart.com/col/390425824



Are large purchase orders from Walmart to stock their own shelves coming next?

Innerscope personal hearing devices are already being distributed on
Amazon.com

https://www.amazon.com/s/ref=nb_sb_ss_c_1_10/135-2855798-7343966?url=search-alias%3Daps&field-keywords=innerscope+hearing+technologies&sprefix=innerscope%2Caps%2C248&crid=1SSB80ZRJFEL9

Great write-up highlighting the family's former business and their plans of acuiring a new brick and mortar location.

http://tradernewswire.com/2018/08/otcinnd-father-and-son-team-making-an-impact-in-the-global-need-for-affordable-hearing-aids-with-innerscope-hearing-tech/


CEO Matthew Moore had previously stated that Innerscope had big plans for the 3rd quarter of 2018. Innerscope wanted to acquire a brick and mortar location and stated that they have a business plan in place to not only beat their former company in size but value as well within 12 months of acquiring the physical location.

roughly 2 weeks later an LOI was issued to purchase not one, but 2 locations with plans to open 3 more!

https://ih.advfn.com/p.php?pid=nmona&article=78127376


Innerscope also recently reported in their latest 10-Q for the quarter ending June 30, 2018 that they have sucessfully won a counter-suit against former employer Helix Hearing Care. Helix had hired the Moore family for consulting services and then backed out, deciding to handle it in-house instead. The Moore family is now entitled to $400,000 as a result of the settlement agreement and are now able to recapture over $800,000 in deferred revenues that was posted on the most recent quarterly report. Under the terms of the original agreement with Helix, Innerscope was not allowed to enter the retail market. The settlement also releases the three owners of Innerscope of their non-compete agreement and they are now able to sell their own products and enter the retail market!

InnerScope's CEO was recently quoted saying that within 3-6 months they would like to be on the Nasdaq.

https://www.bizjournals.com/sacramento/news/2018/08/24/rosevilles-innerscope-hearing-to-become-retailer.html

Active company, corresponding with shareholders.
https://mobile.twitter.com/trade_dr/status/1024720985604456448/photo/1


Trademax42 put together an outstanding fundamental price valuation for $INND

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142967499

A very noteworthy post I.M.O regarding a business relationship the company has.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142689785

And one regarding Notes.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142696222


One other area of particular interest to me is the fact that $INND is coming off of a recent 52 week low of .0056 and has a 52 week high of $1.50. Keep in mind, that high was prior to having Walmart.com as a distributor as well as having to operate with an active non-compete agreement with Helix. They are now free of the non-compete agreement and can 'disrupt' this lucrative industry with their extremely affordable products.


https://www.marketwatch.com/investing/stock/innd

Thanks again to EVERYONE who has brought information to light on the board, I truly hope that this helps make navigating the information easier.

GLTA

$INND