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Thursday, July 25, 2019 1:06:35 PM
We do have a low OS and float. I do believe they are being conscious of dilution; however, they must deliver in order for investors to buy heavy and push us to a much higher level.
Like I said prior, they just need to focus on 1 thing and do it well. Then move to the next. The helter skelter approach is not working. Hopefully longs who are on Twitter where Matt likes to communicate can get in his grill to focus on executing retail and doing that right.
I read Sammo's posts and appreciate him visiting stores. It is expensive to open retail which is why so many go with online. But, INND is not breaking through the clutter as there are so many hearing aid companies and they will react and adjust.
That's why I (along with a couple of other longs) have been keen on them making retail work. They did it before, so they should be able to do it again. At least the stores provide the hands on which seniors still like.
Many seniors are tech savvy. But my dad lives in a retirement community and his girlfriend will only deal with someone in person. She's spent $1000's on hearing aids prior to me buying into INND so unless she needs new one's not a customer. People who aren't tech savvy and have money (which many seniors do in CA), want that hands on.
Since we are not selling to the level necessary online, I really want them to just focus on executing a strong retail focus. Sell all your products through the stores along with every other major player and get some revenue flowing.
If they just do that well, we should start seeing revenue building. It takes time and I have patience when people do the right thing. However, if INND leadership doesn't do the right thing, then we are in trouble.
For now I am in the background with 1.1M shares waiting. Not a flipper as I can't time things as well as some so I invest and wait to see how things play out.
Enjoy the day INND longs.
Peace
CF
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