Ok guys, let's not cream our jeans because Mattyboy says the company is going to be profitable in 2022.
Profitability can be easily manipulated or "manufactured" through legitimate items such as writing off or converting a large debt {i.e gain on extinguishing liabilities}, or a change in derivative liabilities, and other accounting tricks, BUT this does not mean that the company isn't losing a boatload on operations!!!
Simply put, what we are going to see is that operationally $INND is losing a fortune. It's operations are not profitable nor are they sustainable!!
You sheep are being fed more of Mattyboy's spin when the bottom line is, this is a failing company --- PURE AND SIMPLE
When the financial statements come out, just look at where the so called profit is coming from because it sure as sh%t isn't coming from it's core business of selling hearing aids.
The company's bloated expenses, financing costs and ETC. alone will far exceed its operational income.
In my opinion, this is more FRAUD, LIES and TRICKERY designed to steal more money from the sheep who actually believe that Mattyboy has any clue how to do anything but steal from senior citizens, veterans and those who can't afford REAL hearing aids!!
Let's all review these filings next week, if Momma EasyBake actually gets them out??
OH, and we should look to see if there have been any more sales after the purchase orders that were touted in the 3rd quarter;;; I'm betting that there's nothing!! Product isn't selling and Walmart isn't buying more of $INND's product -- PLAIN AND SIMPLE!!
Have fun Sheep spinning the results when you see them!!!
Bearish
