Innerscope Hearing Technologies Inc (INND)

[Elois68]

Respectfully, I think you both may be missing the more obvious likelihood, that this sales revenue ISN'T REAL. Like the $$633,000 that mysteriously "hit the books" at the end of 2021, there is no evidence that it is anything but a financial recording of a purchase order, that may or may not ever be paid. It's more likely that they pushed out some product on a consignment basis somewhere or sent an order to walmart or another retailer(s), on the basis of it being returnable if it doesn't sell. It's been 6 months since the December "sale" and yet the cash flow statements don't show payments / inflows associated with this revenue. Does it not seem strange that walmart or whomever "bought" this product, hasn't paid $INND yet for it?
Bottom line is that they can accept purcahse orders all day long, as long as they have product to ship, but it doesn't mean that these transactions won't be reversed at some future date.