Innerscope Hearing Technologies Inc (INND)

[John_Vallay]

Really
You say market makers are keeping it under 2 cents
Maybe its all those convertible note investors that keep getting shares at a discount and selling the stock because they will keep getting more and more shares at a discount to market so it is worth for them to sell at any price.

According to the 10K they owe about $5 million in convertible notes.
All those notes convert to common stock at a discount to market, sometimes as high as 50% discount. Everytime the investors which is the note holder gets shares its at a price that is a discount to market which means they can sell at a lower price than last trade and the investor still makes money.

Do you people not know how these convertible notes work.