Innerscope Hearing Technologies Inc (INND)

[Ihub Rookie]

The company explicitly said last week that the reason for the 255 million share dilution was to pay off convertible debt. Today's 8K confirms that there are no outstanding debts.

So that means the 255 million were sent to GS Capital, and the debt has been forgiven.

Or, as one learns in remedial math: A + B = C

So, no, they didn't forgive the convertible debt out of thin air. They have been completely transparent with how this went down. And if you need any more confirmation, we will see it when they complete their audit.

The audit, by the way, has been delayed by the RETIRING OF SHARES from the recent judgement against Crown.

This isn't even a "connect the dots" situation. It's pretty simple if one is following along. $INND