Replies to post #57789 on Innerscope Hearing Technologies Inc (INNDD)

[Ihub Rookie]

The rise of this company is going to be so incredibly sweet.

At the end of the day, let’s recap where they are right now and where they are headed:

Survived three years of COVID and brutal delays to FDA rulings (remember, FDA had an August 2020 deadline from Congress to post initial rules! They were finally posted in November 2021! And we’re STILL waiting for final guidance!).

The acquisition of Hearing Assist has been critical to helping bridge the gap to final FDA rules because it brings an immediate revenue stream that they desperately needed - and it has now come in the form of an initial $11 mil purchase order and visible placement in 1499 of one of the biggest retailers in America, Walmart.

Despite the untimely death of BJ’s CEO which led to the tabling of their exclusive product rollout in May 2021, INND has regrouped to get their initial rollout of electronic kiosks in multiple other major retailers: HyVee, Giant Eagle, Food City, Hartig Drug.

They are launching 21 new electronic kiosks at HyVee this week.

They are launching a brand new national retail chain with their kiosks - initially 65 electronic kiosks that are already on sites. Can’t wait for that announcement.

They are already on RiteAid.com, which tells me the natural next step will be to have products in their actual stores after final OTC rules are published by the FDA.

The national marketing campaign hasn’t even truly started yet. It’s coming.

Audited financials have been promised for awhile, but just like the company’s slow effort to finally get current last year, we will see audited financials, per Matt, in the next couple weeks. This is all so the company can become fully SEC Reporting, another huge step in the growth of an emerging company.

This company has had its share of warts and missteps and bad luck to get to this point. But they are incredibly well positioned to finally make that huge step over the next 12-18 months, which will include paying off all gutter debt and bringing in institutional investors.

Jump in now as the going starts to get really good. And once the final OTC rules are published in a couple months, get ready for blast off. $INND