Business
InnerScope Hearing Technologies (OTCQB: INND) Opens its 8th Hearing Aid Retail Clinic in California
InnerScope Hearing Technologies (OTCQB: INND) Opens its 8th Hearing Aid Retail Clinic in California.
About this update from Innerscope Hearing Technologies, Inc.
[{"type":"text","content":"\nROSEVILLE, Calif., May 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- 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.\n\n \n \n \n \n \n \n \n \n \n \n \n INND PR May 29\n \n \n \n \n \n \n \n \n\n InnerScope 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 in 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 \"Se...