Replies to post #6680 on Innerscope Hearing Technologies Inc (INND)

[OldJames]

Could also see Canada as being a great spot to distribute their products as well.
$INND

[trademax42]

Yup they got $14m from selling their old business. They would use some of this money probably for one or more of the activities below:

----to acquire a new brick and mortar company to add value to their already successful hearing devices business;

----to deploy new products, technology and software to serve over 40 million Americans and over a billion people world wide which still remain as an untapped market;

----to get product readiness for a new supplier deal;

----to new hires, research and development, marketing campaign; and

----to provide interest free financing to some clients in case they need them.

The above will increase the value of the company. I believe the company will disclose some exciting developments in the coming weeks or probably as early as next week.

They're using the $14m they got from selling their old bricks and mortar business to finance huge expansion and move on to much bigger and better things.

$INND$

Disclosure: This post is just my opinion, not intended for investment advice. Do your own DD before trading/investment decisions.

[mattpaull]

How do you know wal-mart contacted innd? Was it in the initial news release?

I think we have to wait to see what the real demand is over other types of hearing aids if that expansion can happen. Don't we want to walk before we run. Any idea if INND is a guaranteed supplier/retailer for wal mart?