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Monday, October 18, 2021

INND (InnerScope Hearing Technologies) Powerful Reversal as Co Prepares to Launch New Smartphone Controlled Self-Fitting Rechargeable Hearing Aids

INND (InnerScope Hearing Technologies) is making an explosive move up the charts since making a massive reversal after a brief dip below $0.02 on Friday. The stock has massive liquidity and legions of new shareholders that were once again heavily accumulating late last week. INND has already proven its a serious runner making a spectacular move up the charts over the past few months from triple zeroes to highs of $0.098 per share highs. Last Wednesday the Company reported it has completed and updated the FDA Medical Device Registration for Class II Hearing Aid, Air Conduction with Wireless Technology. The completion of the FDA Medical Device Registration (Registration Establishment Number 3014545266) for InnerScope’s Nexus HD, HearIQ ITC, HearIQ4, and the HearIQ20, its newest family of rechargeable hearing aid devices, and as well as its Alpha Series of hearing aid devices. The FDA Medical Device Registration is one of the last steps needed for InnerScope to launch its latest in Direct-to-Consumer Hearing Aid Technology with its Smartphone App-Controlled Self-Fitting – Self-Adjusting Rechargeable Hearing Aids with built-in Professional Remote Programming & Support Service. Penny stock speculators accumulating INND are looking for a swift return to previous highs; a break over $0.098 is confirmation of the next powerful leg up and a parabolic blue sky INND breakout. 

INND continues to make big moves as it prepares to launch its New Smartphone Controlled Direct-to-Consumer Self-Fitting-Self-Adjusting Rechargeable Hearing Aids with built-in Professional Remote Programming & Support Service. InnerScope plans on launching its Self-Fitting Hearing Aids on multiple online platforms with the upcoming announcements of several retailers and on its own newly revamp NoHassleHearing.com (expected to be finished by the end of the month). In preparation for the launch, InnerScope has ramped up its inventory of its Self-Fitting Hearing Aids and Hearing Products for the anticipation of generating over five hundred thousand dollars ($500,000) to InnerScope of sales revenue for the launch. Check out the app here. INND is well-positioned to directly benefit from the Over the Counter Hearing Aid Act which is expected to be enacted early this year. InnerScope’s Self-Fitting Hearing Aids deliver 21st Century hearing aid technology right to everyone’s fingertips just by using their smartphone at an affordable price. InnerScope’s Self-Fitting Hearing Aids empowers the user to take full control of their hearing health needs. InnerScope believes the solid foundation the Company has built over the last three years puts them in a prime position to be a leader in the emerging DTC/OTC hearing aid market. With InnerScope’s current and upcoming retail distribution/vendor sales channels producing consistent and ongoing revenue growth. 

InnerScope Hearing Technologies (OTC: INND) is a manufacturer, distributor, and retailer of FDA-Registered Direct-to-Consumer Self-Fitting–Self-Adjusting Hearing Aids, Self-Fitting–Self-Adjusting Personal Sound Amplifiers Products, Doctor-Formulated Dietary Hearing & Tinnitus Supplements, and Assorted Ear & Hearing Health-Related Products its mission is to improve the quality of life of the 70 million people in North America who suffer from hearing impairment and/or hearing-related issues. The management team of InnerScope is applying decades of industry experience and believes it is well-positioned to directly benefit from the Over the Counter Hearing Aid Act (expected to be enacted in early 2021). InnerScope with its Affordable Self-Fitting – Self-Adjusting Hearing Technology, combined with its innovative point of sale Hearing Screening Kiosks designed for consumers with mild-to-moderate hearing loss to purchase over-the-counter hearing aids without being seen by a hearing care professional.  

In February the Company reported it plans to launch its latest breakthroughs in Hearing Technology with its New Smartphone Controlled Direct-to-Consumer Self-Fitting-Self-Adjusting Rechargeable Hearing Aids with built-in Professional Remote Programming & Support Service.  With the launch of Self-Fitting Hearing Aids, InnerScope will be replacing all of its legacy hearing aid products that are either not rechargeable or requires separate remote control to make adjustments. The Self-Fitting Hearing Aids provides the consumers an easy, accurate, and straightforward way to fit themselves in under 5 minutes using their Smartphone. Moreover, InnerScope believes its Self-Fitting Hearing Aids deliver the same quality hearing experience and satisfaction for thousands of dollars less than a professionally in-office fitted hearing aid. InnerScope believes its DTC Self-Fitting Hearing Aids have the same capabilities to deliver a personalized hearing experience unique to an individual hearing needs, just as hearing aids are sold and fit by licensed hearing aid providers. The difference is InnerScope can provide this personalized hearing experience at 60% to 85% lower cost versus hearing aids sold and fit by licensed hearing aid providers. 

With the launch planned to begin spring of 2021, InnerScope as a wholesale vendor for Walmart will be updating its storefront on Walmart.com and other major online retailers for more enhanced visibility to achieve greater sales conversions. Concurrently, InnerScope is working on rolling out its Self-Fitting Hearing Aids and its other Hearing Products with major brick and mortar retailers starting Spring 2021.  

The Company is led by CEO Matthew Moore who literally grew up in the hearing health industry, with having internships and mentorships beginning with his Grandfather who has personally helped over 20,000 hearing- impaired patients in his private hearing aid practice since the 1940s. At the age of 10, Matthew was working in the Marketing Department of his parents private hearing aid practice. By the age of 22, Matthew became a full partner in his parents hearing aid business, which then grew to one of the largest private hearing aid practices in the United States with over 70 locations and over 40,000 customers in a 10-year period. Several years ago the family sold off the remaining locations for $14 million. As CEO of InnerScope, Mr. Moore has been making one big move after another recently forming distribution partnerships with Walmart, Sears, and other Big Box Retailers/Pharmacies as well as independent retailers and pharmacies for InnerScope’s Products and Services.  

Investor Sentiment in INND is high:

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INND could see significant growth and is well-positioned to directly benefit from the Over the Counter Hearing Aid Act which is expected to be enacted early this year. The hearing aids market is booming; According to a report from Fortune Business Insights the global hearing aids market is set to gain impetus from the increasing adoption of telehealth among audiologists to prevent patient traffic. The report further states that the market size was USD 8.99 billion in 2019 and is projected to reach USD 13.38 billion by 2027, exhibiting a CAGR of 8.2% during the forecast period. 

On March 3 INND announced it has completed and updated the FDA Medical Device Registration for Class II Hearing Aid, Air Conduction with Wireless Technology. The completion of the FDA Medical Device Registration (Registration Establishment Number 3014545266) for InnerScope’s Nexus HD, HearIQ ITC, HearIQ4, and the HearIQ20, its newest family of rechargeable hearing aid devices, and as well as its Alpha Series of hearing aid devices. The FDA Medical Device Registration is one of the last steps needed for InnerScope to launch its latest in Direct-to-Consumer Hearing Aid Technology with its Smartphone App-Controlled Self-Fitting – Self-Adjusting Rechargeable Hearing Aids with built-in Professional Remote Programming & Support Service. 

InnerScope plans on launching its Self-Fitting Hearing Aids on multiple online platforms with the upcoming announcements of several retailers and on its own newly revamp NoHassleHearing.com (expected to be finished by the end of the month). In preparation for the launch, InnerScope has ramped up its inventory of its Self-Fitting Hearing Aids and Hearing Products for the anticipation of generating over five hundred thousand dollars ($500,000) to InnerScope of sales revenue for the launch. 

Matthew Moore, CEO of InnerScope Hearing Technologies, commented, “completing FDA Medical Device Registration gives InnerScope a clear path for launching its Self-Fitting Hearing Aids. InnerScope’s Self-Fitting Hearing Aids will deliver 21st Century hearing aid technology right to everyone’s fingertips just by using their smartphone. Also, by cutting out the middleman (the hearing aid professional/provider), InnerScope can also deliver affordability to the customer without sacrificing hearing quality or satisfaction. InnerScope’s Self-Fitting Hearing Aids empowers the user to take full control of their hearing health needs.  Once the FDA publishes its final regulation for the Over the Counter Hearing Aid Act, InnerScope will submit its Self-Fitting Hearing Aids for the new FDA-OTC Medical Device Registration. We believe the solid foundation we built over the last three years has InnerScope in a prime position as a leader in the emerging DTC/OTC hearing aid market. With InnerScope’s current and upcoming retail distribution/vendor sales channels will produce consistent and ongoing revenue growth.” 

https://twitter.com/SalsTradingOTC/status/1368739881728499713

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INND (InnerScope Hearing Technologies) is making an explosive move up the charts since making a massive reversal after a brief dip below $0.02 on Friday. The stock has massive liquidity and legions of new shareholders that were once again heavily accumulating late last week. INND has already proven its a serious runner making a spectacular move up the charts over the past few months from triple zeroes to highs of $0.098 per share highs. Last Wednesday the Company reported it has completed and updated the FDA Medical Device Registration for Class II Hearing Aid, Air Conduction with Wireless Technology. The completion of the FDA Medical Device Registration (Registration Establishment Number 3014545266) for InnerScope’s Nexus HD, HearIQ ITC, HearIQ4, and the HearIQ20, its newest family of rechargeable hearing aid devices, and as well as its Alpha Series of hearing aid devices. The FDA Medical Device Registration is one of the last steps needed for InnerScope to launch its latest in Direct-to-Consumer Hearing Aid Technology with its Smartphone App-Controlled Self-Fitting – Self-Adjusting Rechargeable Hearing Aids with built-in Professional Remote Programming & Support Service. Penny stock speculators accumulating INND are looking for a swift return to previous highs; a break over $0.098 is confirmation of the next powerful leg up and a parabolic blue sky INND breakout.  INND continues to make big moves as it prepares to launch its New Smartphone Controlled Direct-to-Consumer Self-Fitting-Self-Adjusting Rechargeable Hearing Aids with built-in Professional Remote Programming & Support Service. InnerScope plans on launching its Self-Fitting Hearing Aids on multiple online platforms with the upcoming announcements of several retailers and on its own newly revamp NoHassleHearing.com (expected to be finished by the end of the month). In preparation for the launch, InnerScope has ramped up its inventory of its Self-Fitting Hearing Aids and Hearing Products for the anticipation of generating over five hundred thousand dollars ($500,000) to InnerScope of sales revenue for the launch. INND is well-positioned to directly benefit from the Over the Counter Hearing Aid Act which is expected to be enacted early this year. InnerScope’s Self-Fitting Hearing Aids deliver 21st Century hearing aid technology right to everyone’s fingertips just by using their smartphone at an affordable price. InnerScope’s Self-Fitting Hearing Aids empowers the user to take full control of their hearing health needs. InnerScope believes the solid foundation the Company has built over the last three years puts them in a prime position to be a leader in the emerging DTC/OTC hearing aid market. With InnerScope’s current and upcoming retail distribution/vendor sales channels producing consistent and ongoing revenue growth.  We will be updating on INND when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with INND.

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Disclosure: we hold no position in INND either long or short and we have not been compensated for this article

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