InnerScope Hearing Technologies (OTCQB: INND) Opens its 8th Hearing Aid Retail Clinic in California
May 29 2019 - 8:00AM
InvestorsHub NewsWire
InnerScope Hearing
Technologies (OTCQB:
INND) Opens its 8th Hearing Aid Retail Clinic in
California
InnerScope is executing
its Rollout Plan of opening 25 new Audiological
Hearing Aid Retail Clinics in 2019 and 100+ locations slated by
Year 2023
ROSEVILLE, CA. -- May
29, 2019 -- InvestorsHub NewsWire -- InnerScope
Hearing
Technologies Inc. (OTCQB:
INND) ("InnerScope")
a manufacturer and Direct-to-Consumer ("DTC") distributor/retailer
of FDA-Registered Hearing Aids, Personal Sound Amplifiers
Products, ("Hearing
Products") Hearing Related
Treatment Therapies, Doctor-Formulated
Dietary Hearing Supplements and proprietary CBD Oil ("Hearing
Health Products") (collectively "Hearing Product
Portfolio"), announced
another
successful "Grand
Opening" last week
from its
latest audiological
hearing
aid retail
location
in
Pleasanton
California,
located
in the East Bay of the San
Francisco Bay Area, ("Pleasanton").
The
Pleasanton location
is
InnerScope's
eighth
audiological
hearing
aid retail clinic under its
dba Value Audiology & Hearing Aid Center
brand
("Retail
Clinics") in California.
In
addition, InnerScope
will
be announcing
the
"Grand
Opening" of
its
Santa
Rosa, California location,
("Santa
Rosa")
the week
of June 10th.
InnerScope's
continues
its plans to expand its retail footprint by opening
25
new
Retail Clinics in Northern California as part of its
as
previous announced Retail
Expansion Rollout
Plan for
2019 (the
"Rollout Plan").
InnerScope
has
several new Retail Clinic locations is progress
and
anticipates
announcing
two
more
"Grand Openings" in June
in
addition to the Santa Rosa
location.
Moreover, given
the
additional Retail Clinics currently identified and in
progress, InnerScope
plans to
announce at least two "Grand Openings" every month
thereafter as part of
the
Rollout
Plan. With the
additional revenue generated
from each new Retail
Clinic, InnerScope
is fully
confident and expects to reach cash flow
positive in the
3rd
quarter
of 2019.
"We are extremely confident in
our ability to continue to increase revenues by
expanding into new markets
with opening new Retail Clinics," said
Matthew Moore, CEO of InnerScope Hearing
Technologies. "Each new Retail Clinic
allows InnerScope to not only broaden
its retail footprint but also become the number-one hearing
healthcare provider in the area by dominating the local media
market."
"With the
upcoming
release of
"NEXUS",
InnerScope's
new line
of Hearing Aids and one of the industry's
first "Self-Fitting"
hearing devices ("NEXUS"),
and
its Revolutionary
Smart
Phone "Self Fitting" Remote Control
App technology, which
we
believe will give
InnerScope
a
competitive advantage
in every market sector (the "NEXUS
Advantage").
The nearly 50 million
U.S. hearing impaired
community will be able
to enjoy a
hassle-free
hearing
aid option using our "Self-Fitting"
NEXUS product line. InnerScope
believes
the NEXUS
Advantage could significantly
increase its hearing aid
sales
revenues
across all distribution
platforms.
These 50
million people will be able to purchase NEXUS through
InnerScope's
numerous
sales
platforms and distribution
partners
like, Walmart.com, Sears.com
and
Kmart.com.
For
those
who might
prefer to purchase NEXUS through local hearing healthcare
professionals, InnerScope
will also
be offering the NEXUS through its Retail Clinics,"
Mr. Moore
concluded.
About InnerScope Hearing Technologies
InnerScope
Hearing
Technologies (OTCQB:
INND) is a rapidly expanding
consolidator of the hearing aid industry. Management is applying
decades of profitable industry experience and technology to an
antiquated and disjointed industry, unlocking scale and efficiency,
which will serve all of InnerScope's
stakeholders. Its
direct-to-consumer model is revolutionizing the industry with
its Walmart.com, Sears.com
and
Kmart.com
relationship
representing a paramount shift in the consumption of hearing aids
by the hearing impaired.
In
addition, InnerScope
plans to
continue to open,
acquire,
and operate
a
physical
chain
of clinicsaid
and
retail hearing audiological .
InnerScope's
mission
is to serve approximately
1.2 billion people around the globe that are suffering with 25 db
or greater hearing loss across the entire
hearing impaired vertical from R&D and manufacturing through
direct consumer sales and services. For more information,
please visit: www.innd.com. For
the Most
Up-to-Date information about InnerScope
Hearing
Technologies (OTCQB:
INND), please visit and follow our Official Twitter account
@inndstock
Page. https://twitter.com/inndstock
Safe Harbor
This
presentation contains forward-looking statements, which relate to
future events or InnerScope
Hearing
Technologies future performance or financial condition. Any
statements that are not statements of historical fact (including
statements containing the words "believes," "should," "plans,"
"anticipates," "expects," "estimates" and similar expressions)
should also be considered to be forward-looking statements. These
forward-looking statements are not guarantees of future
performance, condition or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in
the forward-looking statements as result of a number of factors,
including those described from time to time in InnerScope
Hearing
Technologies filings with the Securities and Exchange
Commission. InnerScope
Hearing
Technologies undertakes no duty to update any forward-looking
statements made herein.
Contact
InnerScope
Hearing
Technologies,
Inc.
Investor
Relations
Info@innd.com
916-218-4100
www.innd.com
Value Audiology & Hearing Aid
Center
Walmart.com
Sears.com
Kmart.com
Nexus: Revolutionary
Smart
Phone "Self Fitting" Remote Control
App technology
For the Most
Up-to-Date information about InnerScope
Hearing
Technologies (OTCQB:
INND), please visit and follow our Official Twitter account
@inndstock
Page.
https://twitter.com/inndstock
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