Innerscope Hearing Technologies Inc (INND)

[EasternTimeZone]

Good objective post hobbyjack. I was busy all weekend and have been skimming over these two filings. Can folks who have read them all the way through give us an objective perspective on them; based on your opinion of course?


Thanks in advance.

To be honest, I'm kicking myself a little for not taking an easy $22K in gains the last time we saw a dime and buying back in around the .03's and .04's. We all expected news. I'll make it back. It just might take longer than expected. Lesson learned.

Now then,

The products are real.
The FDA-approvals are real.
The Walmart.com deal is real.
The Moore's stock conversion from preferred to common is real.
The acquisition of hearing aid centers in CA is real.
The Innerscope/Zounds manufacturing agreement is real.
The expansion through audiology clinics is real.
The clinical trials with Erchonia are [soon-to-be] real. (Confirmed by PR's from both companies)
The OTC Hearing Aid Act is real.

Not to be one-sided, the additional notes after it was promised that we wouldn't see any more is real and the continued O/S expansion is real.

If the business is prepared for the shift in the healthcare and hearing aid industry standards then they ought to be well prepared.

I'm as frustrated with the sneakiness of the aftermarket 8K on Friday as anyone (and I'm trying to not let it cloud my judgement), but I can't imagine with Walmart willing to promote and sell their product that they wouldn't be actively pursuing Target/CVS. We've had other posters here talk about the intricacies and long lead times for the signed contract to mature. Given Target/CVS have never sold hearing aids DTC, it makes sense that this deal would take longer to mature. In the meantime it appears they need capital to continue to grow their business, which in part I'm personally okay with - but still it was sneaky.

Appreciate your input and feedback. Best of luck!