We are excited to present Innerscope Hearing Technologies, Inc. (OTC: INND).

 

InnerScope Hearing Technologies Inc. (OTCQB "INND") overall strategic plan is to continue to expand its footprint within the worldwide hearing aid market by creating strategic partnerships and exclusive supply agreements with global hearing aid suppliers and manufactures around the world to bring unique and affordable hearing technology to its direct-to-consumer (B2C) eCommerce and Professional (B2B) channels. The Founders of InnerScope Hearing Technologies have Deep Roots in the Hearing Device Industry, being 2nd and 3rd generation dating back to the 1940s. The Founders recently sold their very successful audiological retail 20 location practice for a package deal worth over $14 million in Northern California.  The Founders have the experience and innovation to bring disruption to this emerging virtually untapped market, this is expected to grow from its current $5-$6 billion to $100 billion annually within the next decade. 

 
 

INND’s Significant Events:

  • Receiving an FDA U.S. Importer Registration Clearance for Class I and Class II on InnerScope’s hearing aid devices for sale in the U.S.

  • Binding Letter of Intent (LOI) with AlgorKorea Co. Ltd. for Exclusive U.S. and Canada Supply and Distribution License Agreement for its proprietary award winning 64-Channel Digital Sound Processing (“DSP”) ultra-miniature low-power chip hearing aid devices and control technology firmware for PC, iOS and Android APP applications.

  • Launched InnerScope’s hearIQ Self-Fitting Hearing Aid App for Android mobile phone application. iOS hearIQ Self-Fitting Hearing Aid App will be launched by June 2018. Consumer information is available on www.myheariq.com

  • Contracted with Klarna Inc. as a partner for its online stores for customer financing and easy payment solutions.

  • Launched an eCommerce store on Amazon.com its Personal Sound Amplifiers Products (PSAPs).

  • InnerScope became Prime-eligible from Amazon and can now offer its Personal Sound Amplifiers Products (PSAPs) to the 100 million Amazon Prime subscribers with Prime Benefits i.e. same day to 2 day free shipping, and Amazon’s legendary customer service.

  • Launched 2 separate Direct-To-Consumer online stores, www.hearingbenefit.com for its Personal Sound Amplifiers Products (PSAPs) and www.nohasslehearing.com  for its FDA-Cleared hearing aid devices. 

  • Worldwide Partnership Agreement with FreeTek International Co., Ltd. on the Jabees BHearing Bluetooth Personal Sound Amplifier Product, the world’s 1st (PSAP) with Remote Voice Transmitter Microphone launching on indiegogo.com at the End of May.

  • Exclusive Worldwide Strategic Partnership Agreement with Advantego Corporation for the Audiological Market, to create a monthly subscription advertising and digital signage nationwide network for the audiological community. 

  • Exclusive U.S, North America and/or Global Strategic Partnership and/or Supply Agreements executed with hearing technology companies and hearing aid suppliers.  

    • Blue-Gear, Inc   

    • Xiamen League Sound Technology Development Co., Ltd.

    • Simplified International BV.

    • SpeechLab Advanced Technologies BV 

    • AN-Direct US Inc.

 

INND's Upcoming Events: 

  • Starting in 4th quarter 2018, InnerScope plans on opening/operating brick and mortar retail chain of audiological clinics beginning in Northern California and other selected US locations.

  • InnerScope will create exclusive Audiological Buying Group of 1500+ practice members in North America for co-op advertising and marketing promotions and will permit hearing aid practices of all sizes to reduce their wholesale cost by aggregating their orders to obtain a lower per unit cost. InnerScope will be collecting the margin between the manufacture and the practice members wholesale hearing aid purchases.

 
Full DD Report for INND


Last 5 Days Trading Activity

DateOpen PriceClose PriceHighLowVolume
2018-09-060.080.076250.080.07516,415
2018-09-050.06750.06750.0740.06322,249,378
2018-09-040.0650.06150.07240.0572,460,972
2018-09-030.0550.0650.073960.0542,793,380
2018-08-310.0550.0650.073960.0542,793,380

Last 5 Days Short Activity

DateShort VolumeTotal VolumeShort PercentageShort Indicator
2018-09-051,104,9522,249,37849.1226Short
2018-09-041,022,0962,460,97241.5322Short
2018-08-311,284,6452,768,56246.4012Short
2018-08-30460,653841,39654.7487Short
2018-08-29407,8912,524,03016.1603Cover

* Short Mode

Short Analysis provided by Squeeze Report. Get a complete short report on INND.


About Innerscope Hearing Technologies, Inc. (OTC: INND)

Logo for Innerscope Hearing Technologies, Inc. (OTC: INND)

InnerScope Hearing Technologies, Inc. INND is a technology driven company with highly scalable B B and B C solutions. The Company offers a B B SaaS based Patient Management System PMS software program, designed to improve operations and communication with patients. INND also provides a Buying Group experience for the audiology practice enabling owners to lower product costs and increase their margins. INND will also compete in the DTC Direct to Consumer markets, including revolutionary APPs on the iOS and android markets. The Company will also be operating and expanding a chain of audiological and hearing device clinics with a seasoned team of professionals with collectively over years of experience in the hearing aid industry, including successful operations in hearing aid manufacturing and retail store management. Our team has the knowledge, relationships, and the experience to quickly deploy new products and software to serve the million people around the globe that are hearing impaired. The Company is dedicated to serving the audiology and the retail hearing aid dispensing community and have developed a program to contribute to various hearing aid focused charities. For more information, please visit www.innd.com

 

Contact Information

 

 

Current Management

  • Matthew Moore / President
  • Barry Hollander / Consultant
  • Kimberly Ann Moore / Treasurer
    • Mrs. Moore has over years of experience in the Hearing Aid Industry. She literally grew up in the industry helping her father, Marvin Posey, develop and maintain his hearing aid practice in Central Valley, California. Mrs. Moore started working for her father at age eight, when she would help stuff direct mail pieces for an upcoming marketing campaign. She learned from her father that no potential customer walks through the door unless you advertise and market properly to the people that want to hear better. Mrs. Moore became a Hearing Instrument Specialist, just as her father did so she can help people hear better. Kim lives in Granite Bay, CA with her husband, Mark Moore.
  • Mark Moore / Chairman
    • Mark has over years in hearing aid dispensing, practice management, private label brand management and marketing, Mr. Moore brings a wealth of experience and perspective to our field. Mark s expertise in not only running a successful multioffice retail dispensing practice, but also developing timetested proven new marketing and advertising strategies over the past years has made him one of the most sought after experts in the hearing aid industry. He has personally helped over ten thousand people hear better with hearing amplification. Mark previously was a columnist for Advanced for Audiologists as well as Senior Publications throughout Northern California. Mark has also developed patented and patentpending products in the areas of Nutritional Supplements for hearing related issues, Aural Rehabilitation programs, and LowLevel Laser Therapy for Tinnitus and Sensorineural hearing loss. Mark is a graduate of San Diego Golf Academy with a business degree. He and his wife, Kim, who is also a licensed dispenser, lives in Granite Bay, CA.
  • Kimberly Ann Moore / Director
    • Mrs. Moore has over years of experience in the Hearing Aid Industry. She literally grew up in the industry helping her father, Marvin Posey, develop and maintain his hearing aid practice in Central Valley, California. Mrs. Moore started working for her father at age eight, when she would help stuff direct mail pieces for an upcoming marketing campaign. She learned from her father that no potential customer walks through the door unless you advertise and market properly to the people that want to hear better. Mrs. Moore became a Hearing Instrument Specialist, just as her father did so she can help people hear better. Kim lives in Granite Bay, CA with her husband, Mark Moore.
  • Matthew Moore / CEO and Co-Founder

Current Share Structure

  • Market Cap: $2,501,418 - 03/21/2018
  • Authorized: 225,000,000 - 03/01/2018
  • Issue and Outstanding: 61,763,406 - 03/01/2018

 


Recent Filings from (OTC: INND)

Preliminary proxy statement containing all other information
Filing Type: PRE 14CFiling Source: edgar
Filing Date: June, 20 2018
Report of unscheduled material events or corporate changes.
Filing Type: 8-KFiling Source: edgar
Filing Date: June, 08 2018
Quarterly report with a continuing view of a company's financial position
Filing Type: 10-QFiling Source: edgar
Filing Date: May, 25 2018
Notification that form 10-Q will be submitted late
Filing Type: NT 10-QFiling Source: edgar
Filing Date: May, 16 2018
Annual report with a comprehensive overview of the company
Filing Type: 10-KFiling Source: edgar
Filing Date: April, 17 2018
Notification that form 10-K will be submitted late
Filing Type: NT 10-KFiling Source: edgar
Filing Date: April, 03 2018
Quarterly report with a continuing view of a company's financial position
Filing Type: 10-QFiling Source: edgar
Filing Date: November, 20 2017
Notification that form 10-Q will be submitted late
Filing Type: NT 10-QFiling Source: edgar
Filing Date: November, 15 2017
Report of unscheduled material events or corporate changes.
Filing Type: 8-KFiling Source: edgar
Filing Date: October, 19 2017
Report of unscheduled material events or corporate changes.
Filing Type: 8-KFiling Source: edgar
Filing Date: September, 18 2017

 

 


Daily Technical Chart for (OTC: INND)

Daily Technical Chart for (OTC: INND)


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The Research: All source information contained in this email is from the public sources mentioned below.

 

 
 

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