Listen Up, These Hearing Aid Stocks Could Help Rebuild Your Portfolio

OTCStockReview.com News Commentary

ATLANTA, April 01, 2020 (GLOBE NEWSWIRE) -- Over the past three or four months, the news coming out of Congress has been all about the coronavirus pandemic, impeachment, and the Democratic primaries. One of the things the media missed was back in December Senate Finance Committee Chairman Chuck Grassley and Former Democratic Presidential contender Sen. Elizabeth Warren pressed the FDA to implement the Over The Counter Hearing Aid Act, signed into law by President Trump in 2017. Grassley and Warren's legislation represents a paradigm shift allowing consumers to buy hearing aids without the involvement of any of kind of hearing professional. The legislation was created to lower prices for consumers, because hearing aids are rarely covered by health insurance. Companies are already preparing for the change, which is expected to shift more of the decision-making to consumers.

More than 50 million people in the United States suffer from hearing impairment or hearing related issues. Worldwide, more than 1.2 billion people suffer from hearing impairment or hearing related issue. Unfortunately, most of these people will continue to suffer, since the price tag of most hearing devices are much more than they can afford, and they are not usually covered by insurance, or Medicare. According to AARP, only 20 to 30 percent of adults who could benefit from a hearing aid ever get one. Letting the big dog eat has not just been the strategy of hearing healthcare professionals, for the past several decades, the market has been dominated by six big manufacturers: Starkey Hearing Technologies, GN Store Nord, Sonova SONVY, Sivantos, William Demant, and Widex, which was acquired by Sivantos in 2019 for more than 2 billion euros. These big manufacturers sell their hearing aids to audiologists, who test patients' hearing and fit them with hearing aids in a brick-and-mortar store. A trend toward establishing better hearing healthcare has emerged, and investors have an opportunity to make great returns on their investment by investing in the right companies.

One company making hearing costs affordable for everyone is InnerScope Hearing Technologies INND. InnerScope Hearing Technologies has announced over the last few months the launch of Hearing Loss Information Centers in kiosk inside Major "Big Box" retailers and pharmacies nationwide, including Walmart WMT and Walmart Neighborhood Market locations nationwide starting as soon as Summer 2020. Lead by a team of professionals with more than 200 years of collective hearing aid industry experience, InnerScope Hearing Technologies is one of the first companies to offer premium FDA registered hearing aids and personal sound amplification products directly to the consumer. According to the Company's press releases, InnerScope's Hearing Loss Information Centers will encourage "Big Box" Retailers and Pharmacy customers to take immediate action for treating their hearing loss by either being referred locally to a contracted hearing healthcare professional, or by directly purchasing one of InnerScope's Hearing Products. These Hearing Loss Information Centers gives InnerScope instant brand awareness and direct marketing visibility to the hundreds of millions of Americans who shop at "Big Box" Retailers and Pharmacies, these shoppers will have access to the Hearing Loss Information Centers which are strategically positioned near the pharmacy counters.

According to consumeraffairs.com, hearing aids cost between $1,500 and $6,000. InnerScope Hearing Technologies hearing aids and hearing related products range from $299.00 to $999.00, which not only offers consumers a tremendous savings, but makes hearing affordable for millions of people who previously could not afford hearing products. Even without the Over the Counter Hearing Aid Act, in our opinion, InnerScope has a tremendous amount of potential to capture market share with its direct to consumer model. InnerScope Hearing Technologies is a fully reporting company filing audited financials. You can check them out on the SEC's EDGAR, and find out more about the company on their website at https://www.innd.com.

IntriCon Corporation IIN through its Hearing Help Express subsidiary has provided its ITE and BTE hearing aids by mail, online, and phone to more than 750,000 customers. In addition to direct to consumer hearing products, IntriCon also makes and sells products for high growth markets, such as diabetes, drug delivery, surgical navigation, hearing health, and the professional audio communication market. On Monday IntriCon announced a change in the location of its Annual Meeting of Shareholders to be held on Tuesday, April 28, 2020 at 9:00 a.m., Central Time.

Due to the emerging public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of its shareholders, employees and other meeting participants, the location of the Annual Meeting has been changed and will be held in a virtual meeting format only. Additional information is available on the Company's website at https://investorrelations.intricon.com/news-releases/news-release-details/intricon-corporation-announces-change-virtual-meeting-format-its.

DISCLAIMER: Atlanta Capital Partners, LLC (ATLCP), which owns and operates Otcstockreview.com, is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. ATLCP is not affiliated in any manner with any company mentioned herein. ATLCP and its affiliated companies are news dissemination solutions providers and are not a registered broker/dealer/analyst/adviser, holds no investment licenses and may not sell, offer to sell or offer to buy any security. ATLCP's market updates, news alerts and corporate profiles are not a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is never to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. ATLCP is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed ATLCP was compensated one thousand two hundred and fifty dollars for news coverage of current press releases issued by Innerscope Hearing Technologies, Inc.  ATLCP holds no shares of any company named in this release.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and ATLCP undertakes no obligation to update such statements.

Media Contact Information:
dk@otcstockreview.com
(404) 856-9157