Innerscope Hearing Technologies Inc (INND)

[Elois68]

I spoke with one of the former Hearingassist people, now part of $INND, and they are pissed.
Apparently, Mattyboy promised millions of dollars in marketing and operating capital if they did an all-stock deal, but now is unable to come good on this commitment.
From what they say, all of the money so far has come from gutter notes and that gravy train is no longer sustainable, especially with a stock heading quickly towards the .004's.
I called the former ihear guys but nobodys talking. It seems that was more a tech play than anything, mostly for the purposes of good news releases.
Forget the Moore clan, I'm told that the payroll has bloated with new hires from both ihear and hearingassist as well as others.
When this thing collapses, possibly in the next month, this isn't going to be just shareholders left with nothing but a lot of unpaid wages to non-moore family members, though I suspect Moores will get their pay first!
A reeverse split isn't going to be able to save $INND now because it would take longer than I think the company has. And, that will take money for attorneys etc.
So, what do we think Mattyboy is going to do next? Tune in folks, it's going to be a great show the next several weeks!