Thursday, October 06, 2022 2:08:43 AM
Granted the markets are different now but fundamentally dollar land is possible based on the thousands of retailers selling INNDs products including Walmart Vision Centers, Walmart.com,Walmart Canada, RiteAid.com,BestBuy.com, Amazon.com, Fingerhut.com,Giant Eagle, Hy-Vee, Hartig Drug,Food City, and Cardinal Health dba RGH Enterprises Inc., which provides InnerScope products to FSAStore.com, HSAStore.com, & WellDeservedHealth.com
Even if these point of sale locations sold one pair of 500 dollar aids per week , innd would be a 9 figure company justifying the dollar plus share price.
CVS currently is stocking their stores now with INNDs electronic kiosks and they have nearly 10,000 stores.
This is company making news again based off this alone but a potential incredible catalyst could be Medicare part B covering INNDs products once the OTC hearing aid law takes effect October 17 , 2022.
In 2017 CVS aquired Aetna in the largest healthcare merger deal in US history. Aetna is a health insurance company.
https://www.ama-assn.org/delivering-care/patient-support-advocacy/cvs-aetna-merger
If Medicare part B covers INNDs products it opens up a whole new leveraged dimension of growth.
https://www.medicarerights.org/medicare-watch/2022/08/25/over-the-counter-hearing-aids-may-help-many-people-with-medicare
CVS also recently aquired Signify health in an 8 billion dollar transaction. Signify is a healthcare services company. They match health services to customers that need it.
The acquisition prompted some Wall Street firms to upgrade CVS stock valuation.
INND could be perfectly suited for signifys infrastructure as well
https://www.fiercehealthcare.com/retail/cvs-wins-bidding-war-signify-health-will-acquire-company-8b-deal
This story is just unfolding and I suspect will be one of the biggest runners in the penny market.
Too many catalysts coming up to ignore.
Large retailers. Larger distribution. Audited financials. Uplisting. 3rd quarter numbers. OTC hearing aid law enactment October 17.
From a traders perspective , the stock is moving faster now with less shares changing hands. It appears to be getting tighter
I suspect INND is a buyout candidate given how much infrastructure they put in place the last few years and they are the manufacturer as well as retailer of their products.
INND blue skies ahead !
Recent INND News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 03/04/2024 10:30:06 PM
- InnerScope Hearing Technologies (OTC: INND) Retains SmallCapVoice.com to Amplify Investor Relations and Digital Marketing Initiatives • InvestorsHub NewsWire • 09/07/2023 12:00:00 PM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM