As you are all aware the Second Meeting of Creditors was adjourned for 45 days from Dec 18.
Does anyone have some insights whether a DOCA will be proposed and under what terms and conditions? Any rumours floating around? A DOCA combined with a capital raise could right size this company.
At what capacity is the company functionning? If you google Nuheara you are still, it seems, able to buy IQbuds2 MAX as well as the HP Hearing Pro OTC.
How many remaining employees are there?
An award winning company with FDA certified hearing aid buds ending up in this mess.
They had good product development, just no strategy to properly sell the products as well as lever their technology.
Management and the board really blew it.
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