Hello Everyone, and Welcome to our new subscribers,
We've searched the OTC market for another solid trade opportunity and we've found it with this sub penny monster that looks set to bounce!
Trading at just .0013 this alert has extreme upside potential.
HRAL - Hear AtLast Holdings Inc.
Last Price: 0.0013
Website: http://www.hearatlastholdings.com
HRAL offers hearing assessments and hearing instruments. Its products comprise digital hearing aid instruments and assistive-listening devices, as well as accessories, such as hearing aid wax guards, chargers, cleaners, sound tubes, etc.
HRAL has also more than 23 hearing aid clinics within the Wal-Mart structure!
Through
HRAL’s alliance and partnership with VitaSound,
HRAL has now formed a foundation to began expansion throughout North America.
With
HRAL's Licensing Business Model and with the addition of key members to the organization,
HRAL’s expansion goals will extend out to hearing operations that wish to affiliate and be part of the HearAtLast Hearing Store brand.
Hearing Facts and the Market for Hearing Instruments
- There are more baby boomers aged 45-64 with a hearing loss (10 million) than there are people over the age of 65 with a hearing loss (9 million).
- After President Bill Clinton was fitted for hearing aids, more than 1 million other baby boomers identified themselves as experiencing hearing loss
- Hearing loss is more common than you might think. Interestingly, due to recreational and environmental noise, hearing loss is occurring at younger and younger ages.
- Worldwide, an estimated 500 million people experience hearing loss.
- In the U.S., one out of eight 30-year-olds is already hearing-impaired and one in eight 50-year-olds suffer from hearing loss.
- Of the 10 million Americans aged 45 to 64 who have a hearing loss, 6 out of 7 do not yet benefit from wearing hearing aids.
- Hearing loss is second only to arthritis as the most common complaint of older adults.
- Only about 10% of hearing losses are helped by surgery or other medical treatment.
- 90% of hearing losses can be treated with the use of hearing instruments.
Hearing Aid Clinics Industry Set for Rapid Growth (IBISWorld)
The Hearing Aid Clinics industry has contracted slightly during the past five years as declines in insurance coverage and consumer income combined with rising hearing aid prices. Following the financial crisis, a number of individuals were left “without private health insurance coverage as unemployment levels rose,” says IBISWorld analyst Austen Sherman.
“In addition, disposable income fell, leaving hearing aids as a luxury for a large number of those in need.” As a result, industry revenue declined from 2009 through 2011.
More recently, the Hearing Aid Clinics industry has returned to growth, says Sherman. “Employment levels have improved slightly and federal funding for health insurance programs has expanded in anticipation of healthcare reform.”
As a result, IBISWorld estimates industry revenue will rise 3.2 pct in 2013. Nevertheless, recent performance will be unable to overcome earlier losses, resulting in anticipated revenue decline of 0.2 pct per year on average to 2.0 BLN in 2013.
The past five years have exacerbated a broader trend of consolidation within the industry. The Hearing Aid Clinics industry's largest operators have always looked to purchase small nonemployers to expand their number of storefronts and increase their consumer exposure.
Declining revenue even forced some of the industry's largest operators to declare bankruptcy, making them prime targets for acquisitions. For example, a Siemens AG affiliate purchased HearUSA in 2011 after the latter filed bankruptcy.
Fortunately for the remaining operators in the industry, the consolidation has helped push profit margins slightly higher during the past five years.
During the next five years, the industry is expected to benefit largely from the implementation of the Patient Protection and Affordable Care Act; 32 million uninsured Americans are expected to gain coverage through 2019, according to the Congressional Budget Office.
In addition, the number of individuals suffering from hearing deficiencies is expected to remain high due to the expanding diabetes epidemic, the rising use of mobile music devices and headphones and the aging US population.
HRAL is in the perfect position right now to bounce in a MAJOR way!
Begin your research on HRAL immediately and make sure you keep HRAL in full focus for tomorrow morning!
Happy Trading,
Your AwesomeStocks.com Editor
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