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Sunday, September 25, 2022

Industrial Nanotech Inc. (OTCMKTS: INTK) Breaking Out as Co Goes Pink Current and & Teases Multiple Press Releases Start This Week

Industrial Nanotech Inc. (OTCMKTS: INTK) is making a powerful move into copperland after a brief dip below the $0.01 mark. The stock has a long history of big moves skyrocketing to $0.052 earlier this year. The move up comes as INTK goes pink current, having previously reported the Company is doing record revenues and with a backlog of significant press on deck. As we reported earlier this year on INTK the Company has big plans to uplist to Nasdaq and its exponentially growing revenues suggest they very well might achieve it. INTK recently reinstated its working relationship with Pemex, Mexico’s oil and gas company with assets of $96.8 billion US and revenue of $44.3 billion US. In the May update CEO Stuart Burchill further stated: “Reinstating our working relationship with Pemex on this first tank project is extremely significant and has given us the opportunity to restart all of these projects and more. We project $5-10 million in revenue from Pemex in the remainder of 2022 and we project that Pemex will be one of our larger revenue streams in 2023, exceeding our previous 2014 projections of $67 million US annually. 

Major initiatives include: ”1. Sales for the Superbonus 110 program in Italy and the other EU energy efficiency programs will begin toward the end of Q2 2022 as the weather warms. EnergyProtect can only be applied when there is no possibility of cold temperature conditions, so the majority of the revenue from these projects will be realized in the end of Q2, throughout Q3, and early Q4. 2. We are completing the final requirements of Royal Caribbean Cruise Lines as provided on their extensive “Compliance Questionnaire” and sales to this customer will begin in Q2 2022. 3. We have assigned one of our new enterprise account managers, Luke Smith, to the Caterpillar account and we will be providing a detailed update on the Caterpillar project during the May 26 live Zoom shareholder event. 4. Our railroad car project is focused on the design of the mobile application equipment and we will share details of this and the expected revenue ramp up timeline during the May 26 live Zoom shareholder event. 5. We are completing the final steps of Quality Control for our new fire and burn injury alert product at our manufacturing facility dedicated exclusively to manufacturing TalkingPaint. This is the most extensive Quality Control we have every submitted any product to for obvious reasons. We are currently building our sales team for this product and expect revenue to begin in June of 2022. 

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Industrial Nanotech Inc. (OTCMKTS: INTK) funds & participates in research with the world’s brightest scientists and leading laboratories. The Company produces materials that work for you… increasing productivity and efficiency. It’s not just talk and it’s not just theory… it’s amazing technologies. Industrial Nanotech, Inc. was incorporated in 2004 and specializes in developing sustainable nanotechnology-based solutions that are easy-to-use and designed to save energy, protect assets, and reduce carbon footprints. INTK technologies help the world save energy, protect assets, and live and work more sustainably.

The Company’s products can be found at www.syneffex.com and www.talkingpaint.com

Industrial Nanotech, Inc. | Nanotechnology Company | NPDSyneffex Inc. & Talking Paint Inc. Principal product line developed, patented, and sold by the Company is a line of specialty coatings containing a nanotechnology-based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, and resistance to mold growth in an environmentally safe, water-based, coating formulation. Industrial Nanotech currently owns patent rights to the combination of a specific category of nanocomposites and a variety of secondary “carrier” components used in these products. The Company is an active participant in research and development with leading laboratories exploring nanotechnology. The current product line developed, patented, and sold by the Company is called Nansulate® and is the Company’s line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, and resistance to mold growth in an environmentally safe, water-based, coating formulation. The Nansulate® product line includes both industrial and residential coatings. Additional products are either in the Research and Development Phase or the Product Launch Phase of development and commercialization. 

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INTK

https://twitter.com/nxtplse/status/1566963844349566977

ndustrial Nanotech is doing big numbers: for the quarter ending June 30, 2022 the Company reported $5,392,047 compared to the quarter ended March 31, 2022 with a net income of $2, 224,000. These are fantastic numbers for an OTC Company, especially the fact that the Company is profitable. 

Earlier this year Management stated they are intensly forward-focused on exponentially growing revenue in the second quarter of fiscal 2022 and repeating that pattern in Q3 and Q4 of 2022.  In addition, a stock buyback will take place commencing June 1, 2022. Industrial Nanotech has a pink stream listing and intends to list on a senior exchange in 2023. Additionally, management expects to grow to quarterly revenue of $16 million or $64 million annualized, by the final quarter of 2022. The company has executed several shifts in revenue strategy to ensure successful navigation of what the company’s executive team and advisors believe will be an economically challenging 24 to 36 months. 

On August 10 INTK announced they signed a distribution agreement with Lowe’s Inc. through the company’s wholly owned subsidiary, Syneffex Inc. The Syneffex Inc. products are now available on Lowe’s website for shipping and in-store pickup.  Eric Graham, VP of Sales for Syneffex Inc, states, “It’s great to have a powerhouse such as Lowe’s be a distribution point for Syneffex products.  We look forward to this venture and the opportunity it affords Industrial Nanotech, Inc.” 

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Currently trading at a $42 million market valuation INTK has a lot of room to grow from here; this is a profitable Company doing business with fortune 500 Companies that is focused on uplisting and growing revenues exponentially. The Company has just whipped out their convertible debt and is now pink current with a backlog of significant press on deck.  The stock is on the move too ripping into pennyland last week on heavy accumulation. There are a lot of catalysts in play as the INTK shareholder base of at least 3,000 and growing bidding the stock higher. $INTK is now “Current Information”. Enjoy the holiday weekend! Our laser focus on revenue continues to produce excellent results. Adding new OEM deals to our portfolio of successes. Adding experienced executive talent to our team. Multiple press releases start next week. We will be updating on INTK so make sure you Subscribe to Microcapdaily so you know what’s going on with INTK.

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Disclosure: we hold no position in INTK either long or short and we have not been compensated for this article.

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