Innerscope Hearing Technologies Inc (INND)

[tlarstocks]

RED FLAG ALERT!

HUGE profits out of nowhere and yet, almost no cash on hand. That likely means they haven't received most of this cash and I'd expect to get some returns from Walmart - possibly more returned than eventually paid for. Given the CEO's record of projections vs reality, how much cash of these orders can we actually expect they will receive? 10%? 20?

The hilarious thing is that, even if these financials weren't fishy, this stock is still WAY OVERPRICED at .014 - .016. With the amount of outstanding shares and dilution, it should be back in the .005 range. There are just too many shares out there for this small potatoes company. And wait until Oticon, Starkey, Resound and Phonak come knocking on Walmart's door - these Chinese amplifiers resold from Alibaba will be the first to go!