Innerscope Hearing Technologies Inc (INND)

[horst]

Mixed feelings. This is better than INND's previous financing, and they do need to roll out their kiosks on a timeline to get them to market before hearing aids go over the counter, likely in Aug. 2020. But it's still paying for business operations with shares, just with better terms, and with the ability of INND to determine when shares are sold. But for reference, at 85% of yesterday's close, that $10M is another 759M additional shares, or almost the remainder of the authorized shares. They also have significant other convertible debt that converts at 70% of lowest closing price of the past 15 trading days--not terrible terms as convertible debt goes, but it means there's always someone who will convert/dump at times of most liquidity (i.e. when there's news and interest in the stock). A real financial solution that benefits shareholders would have to stop using shares for currency. I frankly have no idea how the market will react, but be prepared for anything....