Replies to post #1359 on Innerscope Hearing Technologies Inc (INND)

[Helter Skelter]

Not very impressive, is it?

Here is our product line

http://www.innd.com/products/
http://www.innd.com/our-company/

Kind of like their revenues. $27,281 with $28,696 related, them (Moores) buying from themselves.

Revenues are weak and way off from the same period 2016 to 2017. Related party made up over half the total revenue for the 3 month period 2018.

Cost of sales quite high to total revenues. $39k to $56k. 30% profit margin. Weak.

Compensation running at $53,000 per month. That appears quite high.
Advertising and promotion, in comparison, running at 8,500 per month. Why is that? They are/were an advertising company.
Professional fees...running at $38,333 per month, seems very high.
Rent, related party, $12,000 per month, very high.
Investor relations $14,000 per month, very high.
Other general & admin $13,747 per month...

They're fleecing the company (shareholders), in my quick-study opinion. Have been for years.



Link > INND 10-Q FILED 05/25/2018