Phoenix, Arizona – (Newsfile Corp. – May 21, 2021) – The Stock Day podcast hosted InnerScope Hearing Technologies (OTC Pink: INND) (“the Company”), a company whose mission is to improve the quality of life of the 70 million people in North America who have hearing problems and / or hearing problems. Company CEO Matthew Moore has joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the company’s background and current projects. “Our mission is to provide affordable, premium Direct-to-Consumer (DTC) hearing health products to the tens of millions of people across North America who suffer from untreated hearing loss,” said Moore.
Jolly then commented on the importance of hearing loss in the United States. “What’s wrong with the current delivery system?” He asked. “It’s a huge problem that exists in today’s society; it’s really a humanitarian problem, ”Moore replied. He then explained that one of the biggest problems with the current system is the delivery model. “It’s really denying people the ability to get the hearing aid on their own terms,” Moore said. “Lack of awareness is also a major reason.”
“Essentially, a person with untreated hearing loss lives three years less than a person who has hearing loss but is treated with amplification,” Moore continued. “We really need to get the message across that if you have a hearing problem, you really need to fix it,” he added. Moore went on to explain that current hearing loss solutions are also associated with high costs. “Right now, a set of devices through the Professional model costs about $ 4,000 to $ 12,000 per set.”
“At InnerScope, we actually provide premium, affordable, professional-grade FDA registered medical devices at a price of around $ 500 to $ 750 each,” Moore said, adding that the devices can be controlled via a mobile device while providing a remote telehealth presence. “This is where our audiologists and hearing aid specialists can connect remotely and, at no additional cost, program the devices.”
“We just signed Chief Brand Advisor Chris Ivery,” Moore said. Chris Ivery is the marketing director of Italian sportswear label Sergio Tacchini and a music producer. “It helps us market and find famous ambassadors for hearing health,” he added. “We really needed to have the PSAs; we need to have a conversation in society about hearing loss,” Moore said. “Over a billion people suffer from hearing loss, and less than 10% of people are actually treated.”
Jolly then asked about the company’s marketing and sales strategy over the next eighteen months. “We are a wholesaler on Walmart,” Moore said. “We just announced that we are a wholesaler for BJs Wholesale, and that this product will be launched to six million BJ members,” he said. “At launch, we are going to be the only hearing health product listed on the BJs Wholesale website,” Moore continued. “We’re connected to almost every major drugstore, major grocery chain, and retailer you can imagine wanting health products in their establishments.”
“We’re ramping up; we currently have close to $ 1 million in inventory that we’re ready to sell,” Moore said. “Starting this summer, we’re going to explode onto the scene here.”
“So there won’t be a need to see a hearing care professional because of advancements in your hearing technology?” Jolly asked. “Absolutely,” Moore said. “With our app-controlled, self-adjusting hearing aids through your smartphone and our remote telehealth presence, where we can actually program the devices remotely, a person will experience the benefits of going to a professional’s office without ever leave his home.
“What are your sales forecasts for the next twelve to eighteen months?” Asked Jolly. “We believe that through our strategic partnerships that we have created in the retail industry as a wholesaler, as well as by launching our Direct-to-Consumer initiative through our own website with Chris Ivery; we will match the revenues of our largest competitors, which Eargo is listed on the Nasdaq in the next twelve to eighteen months. “
To close the interview, Moore encouraged listeners and shareholders to consider the Company’s potential in the DTC hearing loss market as they continue to raise hearing loss awareness and offer affordable but high-quality solutions. quality for this sector.
To listen to the full interview with Mathew Moore, follow the link to the podcast here: https://audioboom.com/posts/7871315-innerscope-hearing-technologies-discusses-significance-of-dtc-hearing-loss-market-with-the-stock.
About InnerScope Hearing Technologies (OTC Pink: INND)
InnerScope Hearing Technologies as a manufacturer, distributor and retailer of FDA Registered Direct-to-Consumer (“DTC”) Self-Adjusting Application Controlled Hearing Aids, Application Controlled Self-Adjusting Personal Sound Amplifier Products , physician-formulated dietary hearing And tinnitus supplements and assorted ear and hearing health products (collectively “hearing products”) its mission is to improve the quality of life of the 70 million people in North America who suffer from hearing loss and / or hearing problems. InnerScope’s management team applies decades of industry experience and believes it is well positioned to directly benefit from the Over-the-Counter Hearing Aid Act (should be enacted in the coming months). InnerScope with its affordable app-controlled self-adjusting hearing technology (visit: NoHassleHearing.com) 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. For more information, please visit www.innd.com.
Please note that InnerScope social media accounts are used to obtain additional information about important events from time to time.
https://t.me/innerscope (InnerScope investor group chatroom)
https://www.youtube.com/channel/UCkilAxjZESjMz_Gd7QIYhmw(Official InnerScope YouTube Channel)
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, intended to be covered by the “Safe harbor” created by these sections. All statements that are not historical facts contained in this press release are also “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 (PSLRA). These statements can be identified by words such as “expects”, “plans”, “plans”, “will”, “may”, “anticipates”, “believes”, “should”, “intends” , “Esteem” and other words with similar meaning. These forward-looking statements are based on current expectations, involve known and unknown risks, reliance on third parties for information, transactions or orders that may be canceled, and other factors that may cause our actual results, performance or achievements. , or developments in our industry, to differ materially from the expected results, performance or achievements expressed or implied in such forward-looking statements. Factors that could cause actual results to differ materially from expected results include risks and uncertainties relating to fluctuating global economic conditions, the performance of management and our employees, our ability to obtain funding or maintain contractual relationships with suppliers and customers, competition, economic conditions and other factors detailed in our periodic reports filed with the Securities and Exchange Commission (“SEC”). We intend that all forward-looking statements be subject to the safe harbor provisions of the PSLRA, the Securities Act and the Securities Exchange Act.
InnerScope Hearing Technologies, Inc.
Skyline Corporate Communications Group, LLC
Lisa Gray, Senior Account Manager
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
E-mail: [email protected]
For the most recent information on InnerScope hearing technologies (OTC Pink: INND), please visit and follow our official Twitter account @inndstock Page.
About the “Stock Day” podcast
Founded in 2013, Stock Day is the fastest growing medium for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of undervalued and under-sold Micro-Cap stocks in the market. Stock Day provides companies with personalized solutions for their news distribution in national and international media. The Stock Day Podcast is the first radio show of its kind in America.
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