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Tuesday, May 21, 2019 8:07:53 PM
Regarding issues to be of concern, this is a family business with grand visions. They know the business intimately and now the son at 32 is CEO.
They have made some real strong progress in their retail business this year until recent issues have slowed the 25 new store 2019 goal a bit.
Their health and hearing vitamins and cbd to be launched can provide some strong revenue, if they can get slotted by retailers. If Wal Mart decides to try them out and put them in their stores, that would be a major game-changer. We'll have to see how they do in utilizing their contacts to get distribution for these products.
The other main revenue producing opportunity is Nexus. We'll have to see how they market this next generation hearing aid. I'd like to see more on how they are working with Zounds out of AZ to utilize the $1M agreement between the companies.
There are some good board posters who can provide additional input.
Glad to have another CA homie in the INND house!
Peace.
CF
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