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Thursday, September 28, 2017

The hearing aid industry is undergoing the greatest expansion in its history.  INND is witness to virtually every innovation over the last three decades and is uniquely qualified to identify and capitalize on current and future trends.  INND ’s goal is to build a nimble organization of forward leaning opportunities and in the process build enterprise value for all stakeholders.
TRADING SYMBOL: INND
Innerscope Hearing Technologies, Inc.
UNPARALLELED EXPERIENCE.  DISRUPTIVE INNOVATION.
INND are experts in developing and deploying innovative hearing products and services in the United States and around the world.  INND plans to acquire AUDserv Inc., and will create 7 separate revenue generating divisions.  Each division will generate revenue and poised for growth, increasing the Company’s market penetration.  These 7 separate divisions will be:
1.       Patient Management System (PMS) Division: a SaaS based software program which was created, designed and customized by and for audiologists, specifically to fill a much-needed clinical gap solved in other multidiscipline software programs.  It allows audiological retail clinics to better manage their day-to-day operations, through efficient clinical workflow, patient follow up and logical organization of data.
2.       Buying Group Division: INND will create an exclusive Buying Group experience for the practice to reduce their wholesale costs, so they could worry less about the expenses and worry more about patient care and growing their top line revenue in their practice.
3.       Direct-to-Consumer (DTC) Division: INND is positioning to compete within the new emerging “Hearables” and “Wearables” in the “Personal Sound Amplification Products” (PSAP’s) and the Over-the-Counter (OTC) hearing aid market created by the result of a recently passed Congressional legislation H.R.1652 – Over-the-Counter Hearing Aid Act of 2017 (OTC).
4.       APP Development Division: INND APPs on the iOS and Android markets will be dedicated to the hearing impaired population around the world which is currently estimated at 360 million people by the World Health Organization.
5.       Advertising and Marketing Division:  This division will be built on the successful business of Innerscope Advertising Agency.  This includes graphics artists, digital and print marketing experts, and telemarketers.
6.       Retail Division: INND plans to open a chain of Audiological and Hearing Aid Clinics throughout the United States and eventually abroad.  INND plans to open hundreds of locations in the next 5 to 7 years.
7.       Research & Development Division: The R&D Division, comprised of a team of world renowned scientists, business professionals, and industry leaders, will rapidly develop and deploy products for the sole purpose of furthering INND agenda to further create a revenue eco-system, as well as offer the 360 million people in the world Hearing Solutions Not Just Hearing Aids.
Aural Rehab
·         Aural Rehab or Auditory Training is the process of providing training and treatment to improve hearing for those who are hearing impaired.  The focus is on adjusting to hearing loss, making the best use of hearing aids, exploring assistive devices, managing conversations, and taking charge of communications.

Management & Team
·         INND has a seasoned team of professionals with collectively over +200 years of experience in the hearing aid industry, including successful operations in hearing aid manufacturing and retail store management. The team members have specialty skills in clinical audiology, extended warranty and loss replacement insurance for hearing devices, office management, clinical sales skills, business and accounting, as well as, all forms of retail marketing.

Saturday, September 9, 2017

HURRICANE IRMA LATEST STORM TRACK BREAKING NEWS FOR RESIDENTS IN THE KEYS AND SOUTHWEST FLORIDA

Welcome to our continuing live coverage of Hurricane Irma – now with Hurricane Jose on its heels.
Here are the latest updates:
  • Hurricane Irma, which briefly dipped to category four intensity, is now back up to category five and has made landfall in Cuba.
  • Irma is now forecast to hit the Florida Keys on Sunday morning, moving over south-west Florida by Sunday afternoon, then crossing the entire state over approximately 30 hours of ferocious winds and rains.
  • On Saturday, Irma continues to rake the north coast of Cuba, where it first hit the Camaguey archipelago on Friday night. It is the first category five storm to make landfall in Cuba for almost a century.
  • Saturday will also see tropical storm-force winds lash Florida, ahead of Irma’s arrival. Outer rain bands have already reached the peninsula.
  • Florida has ordered 5.6 million people – a quarter of the state’s population – to evacuate, warning that those who do not leave cannot expect rescue services to reach them once Irma hits. A curfew comes into effect in Palm Beach from 3pm on Saturday.
  • Florida governor Rick Scott warned on Friday:
If you are planning to leave and do not leave tonight, you will have to ride out this extremely dangerous storm at your own risk.
  • In Georgia, 540,000 people on the coast received mandatory evacuation orders.
  • The Bahamas meteorological office said the main island of New Providence had been spared the worst as Irma passed close by, but the southern Bahamas had been more badly hit.
  • At least 23 people have been confirmed killed in the Caribbean so far. The first victim of Irma was two-year-old Carl Junior Francis in Barbuda. Eleven died on French St Martin and St Barts, four in the US Virgin Islands, three on Puerto Rico, two on Dutch St Maarten and one in Anguilla. A teenage surfer died off Barbados in waves churned up by Irma, and four deaths were reported on the British Virgin Islands that have yet to be corroborated.
  • Clear-up efforts on Caribbean islands – to which Britain, France and the Netherlands have sent support – have been hampered by the approaching Hurricane Jose.
  • Jose is forecast to hit islands already ravaged by Irma – including Barbuda, Anguilla, St Maarten, St Martin and St Barthélemy – from Saturday. Hurricane Jose, currently a category four, is “almost category five”, the US National Hurricane Center has said.
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Wednesday, September 6, 2017

Tomorrow's hot NASDAQ alert is Cemtrex, Inc. (NASDAQ: CETX).

CETX is a world leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today's technology challenges.

CETX recently announced an exchange offer to acquire Key Tronic Corporation (KTCC).  Let's take a further look at the Company below.


Welcome  to CETX


Cemtrex, Inc.



1. About CETX - Cemtrex, Inc.

Cemtrex Inc. (Nasdaq: CETX) is a world-leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today’s technology challenges.

Cemtrex provides advanced custom engineered electronics design and manufacturing services, broad industrial contracting services for a wide variety of manufacturers, manufacturing logistics, environmental control and air filtration systems for industries and utilities, and emissions monitors for industrial processes.

 


Cemtrex, through its subsidiaries, also provides a broad range of industrial services such as rigging, millwrighting, electrical & piping. The Company has vast experience in plant and equipment removal, relocation, and installation for a wide variety of original equipment manufacturers in the packaging, printing, manufacturing, processing, chemicals, and pharmaceutical industries. Additionally, the Company provides optical alignment and precise geometric installation of complex machinery. The Company also has vast transportation and storage capabilities to provide its clients with a turnkey solution for any industrial contracting services that they might require.
Cemtrex, Inc. (CETX) today announced an exchange offer to acquire Key Tronic Corporation (KTCC) by offering to exchange each outstanding share of common stock of Key Tronic for one share of Cemtrex common stock. The purpose of the offer is for Cemtrex to acquire control of, and ultimately the entire interest in, Key Tronic. This exchange offer is the first step in Cemtrex’s plan to acquire all of the outstanding shares of Key Tronic, which may not be completed through this offering and may be accomplished through one or more transactions following this offering.
 
 

Cemtrex Announces 46% Increase in Backlog for EMS Division From 2016 to $38 Million


Farmingdale, NY, Aug. 18, 2017 (GLOBE NEWSWIRE) -- Cemtrex Inc., (Nasdaq: CETX, CETXP, CETXW), a world-leading industrial and manufacturing company, is pleased to announce that it sees strong demand for its Electronic Manufacturing Services (EMS) Division. As of July 31, 2017, the company’s 52-week backlog was at $38 million up from $26 million a year ago which represents a nearly 50 percent annual increase. The $38 million backlog represents a record high for the company since it has been in the EMS business. The company expects to close on additional sales during the next 12 months as well.
 

Monday, September 4, 2017

NASDAQ: CETX
Cemtrex, Inc.
MAXIMIZING INDUSTRY’S POTENTIAL
CETX provides advanced engineered electronics design and manufacturing services, broad industrial contracting services for a whole variety of manufacturers, environmental control and air filtration systems for industries and utilities, and emissions monitors for industrial processes along.  CETX is headquartered in Farmingdale, NY with several offices around the world and over 500 employees worldwide.  CETX through its wholly owned subsidiaries provides turnkey electronic manufacturing services, which includes engineering & prototyping, circuit board assemblies and completely assembled electronic products sold in various industries, particularly wearable devices, automotive, telecommunications, industrial products, appliances, home automation, industrial automation and medical devices.  CETX also manufactures custom designed cables, connectors, and wire harnesses for various industrial, medical and automotive applications.
RECENT DEVELOPMENTS
·         CETX Announces 46% Increase in Backlog for EMS Division From 2016 to $38 Million.
·         CETX Appoints Former Sony Product Development Executive as VP of Advanced Technologies Subsidiary.
·         CETX Reports Financial Results for the 2017 Fiscal Third Quarter –Total Revenue Increasing 13% to 27.8 Million.
·         CETX Establishes New Advanced Electronics Subsidiary to Develop Proprietary IoT and Wearables Products.
·         CETX Pays its First Ever Cash Dividend on Common Stock.

Friday, September 1, 2017


 AMD 's latest GPUs and CPUs selling like hotcakes, Intel  and Nvidia are facing some tough competition this year. 


  AMD (NASDAQ:AMD) With this month's release of the Radeon RX Vega™ GPUs and the Ryzen Threadripper™ CPUs, AMD has obtained top-dog status in the performance department. And now, if Amazon's (NASDAQ:AMZN) best sellers lists are any indication, AMD is giving Intel  (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA) something to worry about.



$AMD Radeon RX Vega graphics card in the #1 spot.



Just this week AMD announced the worldwide release of its cutting-edge Radeon RX Vega graphics cards. Built on the Vega GPU architecture and composed of a whopping 8GB of HBM2 memory, the RX Vega cards are the most advanced consumer graphics cards in the world. Bleeding-edge capabilities include 4096 Stream Processors, a Core Clock of 1247 MHz, and a memory data rate of 1.9 GB per second.


Above: As of 8/14/17, AMD's XFX Radeon RX Vega Card is sold out on e-retail giant, Newegg.



During an already record-setting year for AMD, through the successful launch of several award-winning Ryzen™ desktop processors, AMD earned the "highest-performance" rank in the desktop processor space, when just last week the Company announced the release of its state-of-the-art, 16-core processor, the Ryzen™ Threadripper™.



Above: The Company's Ryzen™ series processors are topping the charts of e-retail giant Amazon. 



With AMD's latest GPUs and CPUs selling like hotcakes, Intel and Nvidia are facing some tough competition this year. Nvidia is expected to respond with the launch its Volta line of GPUs in early 2018. Intel responds with its own 18-core Core i9 "Extreme" chip retailing at a whopping $1,999. The battle of the semiconductors wages on.