Innerscope Hearing Technologies Inc (INND)

[AtomicPhoenix61]

In the Trillium case, on 21 Feb, Matt AGREES to pay down $3.98 million in debt through share dilution!!!
Math:
$3,987,390.22 divided by $0.025 share price = 159,495,608 shares to be diluted in order to cover that debt! Thats over *9* times the current number of shares available held at DTC! But we know the more dilution occurs, the lower the price will be and the more dilution will have to happen to ultimately cover the debt. So 9 times the current OS is very, very conservative, and its more realistically 20+ times the current OS. Trellium realizes this and even includes a clause in the agreement that states "If at any time it appears reasonably likely that the Company's authorized reserves will be exhausted and there may be insufficient authorized shares to fully comply with the Order, the Company shall promptly within 5(five) business days, increase its authorized shares by at least 2,500,000,000 (Two Billion-Five Hundred Million) Common Shares to ensure its ability to timely comply with the Order;"

In short, the company and its shares are screwed beyond arguement. I invite Plat and any other pumper to feel free to research this themselves and prove me wrong. This is detailed in a filed legal document with Broward County, FL.