Innerscope Hearing Technologies Inc (INND)

[Dragon Lady]

BINGO !!

I don’t think anybody has made this observation yet.

Sales for three months ending 9/30/22: $6,564,682

A/R for three months ending
9/30/22: $6,202,654

Days sales outstanding for
A/R is about 90 days.

Are terms Net 90? I doubt it.

Are the stocking orders for retailers actually just consignment orders and the company won’t get paid until retailers actually sell units? More likely but will have to watch the correlation between Sales and A/R going forward.

Most of the cash inflows are coming from proceeds from issuance of note payables, not from collecting sales. Just the A/P alone is higher than the A/R which is not a good sign.

Bottom line: If company is unable to collect sales in a timely manner they will need to continue with an alternate source of financing which will likely involve a tremendous amount of dilution.

THIS IS THE 100% ACCURATE "READER'S DIGEST VERSION" of this entire COOKED BOOKS SCAM - read it and understand WTF the Moore Clan is really doing on this textbook DILUTION MILL and SHARE DUMPING MACHINE INNER-CON :

I have been saying EXACTLY THIS FACT FOR SEVERAL MONTHS !!!

The INNER-CON CHINA INC MIDDLE-MAN ME-NO-CAN-HEAR-U-SAN crap DOES NOT SELL and Matty Boy aka THE PUNK who's nothing but the talking puppet of Daddy Mark Moore More aka THE DON aka THE BIG CON - they are sandbagging "Units held for drop-ship BUT not sold and NOT selling" and falsely booking it as "revenues" -

Aka "CHANNEL STUFFING" as it's known in real accounting and real retail - and as old a trick as DIRT !!

MEANWHILE - the Kid aka THE PUNK aka MATTY BOY and the Moore More Clan run this POS smoke-n-mirrors machine on NEVER ENDING DILUTION as in RIGHT THE HELL NOW it's being MASS DILUTED !

The Moore More Clan FOUNDED THIS SCAM ON FRAUD - busted by not one, but FIVE CA ATTORNEYS GENERAL and like all STINKY PINKY CONS have ZERO independent board members and the new BIG LIE OF A "HOT SHOT CFO" faded like a fart in a CAT-5 hurricane from hell itself - just more penny mark bait to DUMP THE TRASH SHARES for his money bag-men.

THEIR BOOKS ARE BADLY "COOKED" and their assets are a SHAM-SHOW of overinflated HOT AIR INTANGIBLES like "websites" and "name recognition" (WTF NAME VALUE FOR THIS POS???) and "Goodwill" oldest CON PUMP hot-air inflater in earth's history etc !

BOTTOM LINE - their crap IS NOT SELLING THROUGH and they are PAYING FOR FLOOR SPACE which they are NOT properly disclosing in their PAID PROMOTION PENNY CON PUMPS WTF !!

WORD-SMITHING from the Moore More clan via scammary-speak out of Orwell such as "NO MORE 3rd PARTY GUTTER DEBT" but then they borrow $8 million large w/o a SINGLE LINE OF EXPLANATION WHERE THE H "IT" CAME FROM and to who they owe it = BULLSHIT STINKY PINKY WORLD and NOT AUDITED OF COURSE !!

Matty Boy aka THE PUNK has his paid Twit-Twatter crews now peddling bullshit hype like "OTC-QB" and "SEC AUDITED FILINGS" - SAME SHIT SPEAK he's peddled since EARLY 2021 boys n girls - and we're about to be in EARLY 2023 Bwaaaa ha ha ha WTF X 1 BILLION ?????

STINKY PINKIES THAT DO NOT "TIMELY FILE" = ZERO CHANCE TO EVER EVER EVER BE "NASDAQ LISTED" as that is one of the criteria the NASDAQ CAN USE TO FLUSH ANY TURD THEY WANT TO REJECT for ANY REASON THEY WANT - THEY set their internal standards and this hunk of shit con and dilution mill machine MEETS NONE OF THEM !!

BARELY ONE CENT TRASH - and they FILED LATE while Matty Boy aka THE PUNK was off circle-jerking AS ALWAYS ON FAKE "SHOW" FAKE PUMP n HYPE PAY-to-PROMOTE NOT to "sell hearing aids" but to SELL MORE DILUTIO SLACK CRAP TO PENNY DUPES and MARKS !

THAT is the "business model" of every OTC SHIT-SHOW CON JOB IN EXISTENCE aka INNER-SCAM :)

THEE END - this is DILUTED and PRINT n DUMP DEAD MONEY GOING NOWHERE while feeding the Granite Bay Country Club MOORE MORE CLAN FUND - and now the HearAssist dudes are "on deck" to dump their BILLION PLUS SHARES of this scam show into the free trading float -

SHOVEL READY PROJECT DEAD MONEY DEFCON 5 ALERT - NOT A DRILL !!