InnerScope Hearing Technologies (OTCQB: INND) Announces Grand Opening of Latest Retail Hearing Aid Clinics
April 30 2019 - 8:00AM
InvestorsHub NewsWire
InnerScope Hearing Technologies (OTCQB:
INND) Announces Grand Opening
of Latest Retail Hearing
Aid Clinics
2 new clinics to open as
InnerScope continues to execute its Expansion
"Rollout Plan" of 25 new
Audiological Hearing Aid Retail Clinics for 2019
–
100+ locations slated
by year 2023
ROSEVILLE, CA. --
April 30, 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 today
its "Grand Opening
Promotions" ("Promotions")
is planned for the week of May 20, 2019 for its new audiological
hearing aid retail clinics located in Santa Rosa CA.
("Santa
Rosa") and Pleasanton CA.
("Pleasanton").
The Santa Rosa and Pleasanton locations will be
InnerScope's eighth and ninth
audiological hearing aid retail clinics under its dba
Value Audiology & Hearing
Aid Center brand
("Retail
Clinics") in
California. InnerScope is also planning to announce its
Promotions for two more Grand Openings in the upcoming weeks for
new Retail Clinics located in the Castro Valley/Hayward CA.
Area and Novato CA. Area. In addition, InnerScope is
currently
in progress with its plans to open in the next coming months, an
additional 10 Retail Clinics that has been already identified to be
in the most highly populated and affluent areas within
the San Francisco Bay region.
There is
a growing need
for hearing aids and
related hearing health products being
fueled by
the ever-increasing
aging
population in the U.S. and throughout the world which
has
created a
worldwide epidemic of over 1.2 billion people that suffer from
hearing loss. With
numerous
credible studies regarding health and
cognitive issues associated with untreated hearing
loss, InnerScope
is
confident
its
Hearing Products will help the 40+ million people in
the U.S. alone
that
suffer
from the consequences of untreated hearing loss. InnerScope,
with the
openings of San Francisco Bay Area Retail Clinics as well as
all
of its Retail
Clinics, is
expecting
revenues
to continue to grow monthly and exponentially with
each new
Retail Clinic opened. Especially,
since
each of its Retail
Clinics is estimated to
exceed a minimum of $500,000 dollars in
annual
gross revenue.
InnerScope's
CEO Matthew Moore, in a recent letter to its shareholders
officially released as an 8-K on April 17,
2019, ("Shareholder
Letter") addressed its 2019
Brick and Mortar Retail Expansion Rollout Plan to own and
operate a minimum of 25
Retail Clinics in Northern California and the San Francisco Bay
Area. In addition, Moore outlined InnerScope's continued strategic
plan to open an operate 116 Retail Clinics by the year 2023 and
over 1000 Retail Clinics nationwide.
"We could not be more excited about all of
InnerScope's growth plans for 2019 and
beyond," said Matthew Moore, CEO InnerScope Hearing
Technologies. "We have developed a very
profitable and scalable sales formula with our long-term strategic
plan of Retail Clinics along with our Omni-Channel Sales
Distribution approach for maximum growth
potential".
"We are proud to have
developed an extensive Hearing Product Portfolio that can help
hundreds of millions of people to live healthier and happier
lives.
InnerScope's current Hearing
Product Portfolio combined with its multiple "Big
Box" distribution partners
and sales platforms including its technology partnerships,
millions
of people will have easy and affordable access to
the latest and most innovative
technology in hearing healthcare. We believe InnerScope is on the
path of revolutionizing the way hearing healthcare is delivered to
the world. With our up-coming new hearing aid product release of
the NEXUS series product line, one of the hearing
industry's first
"Self-Fitting"
hearing
aids, allows
more
people to have easy no-hassle and a convenient option to receive
hearing help delivered to their home. InnerScope is
continuing to develop new ground breaking Hearing Technologies as
well as new sales and delivery methods so no one
will be denied hearing health for
any reason," Mr.
Moore concluded.
About InnerScope Hearing Technologies
("INND")
InnerScope Hearing
Technologies (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, 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 audiological and
retail hearing device clinics.
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 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
Walmart.com
Sears.com
Kmart.com
InnerScope Hearing
Technologies ("Shareholder
Letter") published as an 8K
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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