A Very Serious Problem ---
This company has been walking a fine line between debt and dilutive / shareholder oppressive finance for a long long time. Between Gabe Sayegh pigging out on shares he holds for .003, the shares he continues to receive -- and will dump as soon as he can -- MattyBoy has also been financing his alleged sales to Walmart and others with large and expensive trade/inventory/receivables financing. What this means is first -- Gabe's company is making millions, probably the only one making profits, on providing convertible notes to Innerscope and the Moore family, and second, the company is not likely to see much profit, if any, from the sales to Walmart. This assumes also that the product even sells. There is ABSOLUTELY NO EVIDENCE to indicate that these cheap hearing assist products are gaining any interest from Walmart shoppers. 95% of the product Innerscope shipped, and posted on its 2ndQ financials as revenue is probably still sitting on Walmart shelves. If this is so, Walmart is eventually going to discount the product to get rid of them--and then NOT order any more-- or worse and catastrophic for Innerscope, they will return the crap, in which case Mattyboy is going to have to make up a lot of money he don't have to the trade finance companies. And then what is Mattyboy going to do?? Where will he peddle the potentially unsalable product?
This company is going to implode---I give it 6 months
Mattyboy and his parents, who I doubt do anything helpful for the company are still pulling down very very large salaries--at we the shareholders expense!!!
What has Bigdaddy Mark done for the company the last 2 years besides tell Mattyboy to go out and get more salary dollars?? I'm asking because I don't know. This is the same Mark Moore who was allegedly charged with ripping off veterans? Didn't he lose his license? I personally think that the man is a criminal or con-man but who knows for sure??
What does Kim Moore do? Is she still the cfo? What are her credentials again? Oh yea, she managed her daddy's hearing company's books. Is that company still around? I believe personally that Kim Moore is incompetent and simply fronting as cfo for some run of the mill bookkeeper that Mattyboy has running the books. In my opinion, Kim isn't worth a salary of $5 per year!!!!
Where are the audited financials?
Investing in this company is for CHUMPS, losers and people who lack the capital or intelligence to make real investments. Anyone who would willingly buy this stock or promote this company is most likely brain-dead or a Moore family accomplice.
This stock will NEVER go anywhere people --- wake up! Even the Moore family don't own this pos stock. They own the multiple voting stock, take large salaries and keep diluting the common shareholders to enrich themselves.
I think Mattyboy should be in prison and God-willing, he will get there. Then his wife, his in-laws and his children can live the rest of their lives in shame for being related to and beneficiaries of this alleged scam!
Are the Moore family receiving kickbacks from Gabe Sayegh?
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The statements outlined above are my personal opinions only and are intended solely for that purpose.
