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Sunday, December 4, 2022

Industrial Nanotech Inc. (OTCMKTS: INTK) Running Northbound as Co Goes Pink Current & Readies Launch of its New Smart Coating Product Line; TalkingPaint

Industrial Nanotech Inc. (OTCMKTS: INTK) is moving higher steadily as the Company makes significant progress. 2021 has been a big year for INTK which has been moving higher all year recently taking out 52-week highs and entering a new blue-sky breakout. INTK has emerged in recent weeks as an investor favorite and is starting to get noticed by some big players. The stock has liquidity, momentum and a fast-growing shareholder base bidding the stock higher. 

INTK went “pink current” earlier this year and management has stated its intention to up list to a senior exchange. The Company has little debt on the books and management continues to affirm there will be no reverse split. INTK expects sales of its new product, TalkingPaint, its new smart coating product line, to begin by the end of Q1 2022 at which point the Company plans to establish a manufacturing facility in South Carolina for its new self-reporting insulation for pipes. INTK expects sales of EnergyProtect to Italy under the Superbonus 110 program to begin Q1 2022 and sales in the EU under the European Union sponsored Energy Performance of Buildings Directive to begin Q1 2022. 

Industrial Nanotech Inc. (OTCMKTS: INTK) operating out of Naples, Florida 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 are sold through a global network of distributors. 

The Company develops, manufactures, and markets industrial grade insulation products utilizing nanotechnology in the United States and internationally. Its products include Nansulate Translucent PT and Nansulate Translucent High Heat, which are protective thermal insulation and corrosion prevention coatings; EPX4 for total asset protection; Nansulate Translucent GP – NSF, an insulation and mold resistant coating for food sensitive environments; Home Protect ClearCoat, a protective insulation and mold prevention coating; Nansulate Energy Protect, an industrial and commercial insulation and protective coating; Nansulate Crystal Roof Coating for clear energy saving and mold resistant protection; Intelligent Shield, which offers cool color choices for exterior painting projects; Nansulate LDX Clear Lead Encapsulation Coating for lead abatement; NANOBOOST , an automotive coating; Bee Protect that is formulated to protect bees in their hives; and Nansulate Insulation for solar panels, solar water heaters, and solar thermal equipment. INTK expects sales of its new product, TalkingPaint, its new smart coating product line, to begin by the end of Q1 2022 at which point the Company plans to establish a manufacturing facility in South Carolina for its new self-reporting insulation for pipes.  According to INTK website the Company’s customers include or have included Walmart, Nestle, Caterpillar, Royal Caribbean, Yamaha, Conagra, Citgo and Nasa to name a few. 

INTK started moving in September after the Company reported it was going pink current which has now happened. CEO/CTO, Stuart Burchill stated at the time: “We are also beginning the process of having our financials for 2020 and 2021 audited by an independent PCAOB auditor so that we can finish in the first months of 2022 and make application to a higher listing status. Smaller sales, LeadX and small projects, were not severely impacted by the pandemic. Larger sales were dramatically affected. Larger projects require us to visit the plant and demonstrate the products and, after the sale, they require outside contractors to be allowed on site. Our large order customers had a complete ban on outsiders coming into the factories or restricted it to only the most essential outside personnel. Now we are beginning to see those restrictions lifted and we are very optimist about the upcoming quarters and years.” 

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In a recent update Mr. Burchill stated: 

1) The Company expects sales of EnergyProtect to Italy under the Superbonus 110 program to begin Q1 2022. The Company’s distributor in Italy anticipates that sales could grow to nineteen million dollars US annually by the end of 2022. 

2) The Company expects sales of EnergyProtect for the EU under the European Union sponsored Energy Performance of Buildings Directive to begin Q1 2022. The Company’s distributors in the EU anticipate that sales could grow to forty five million dollars US annually by the end of 2022. 

3) The Company expects sales of their new product, TalkingPaint, their new smart coating product line, to begin by the end of Q1 2022. The Company intends to capture 15% of the potential market by the end of 2022, which could produce sales of thirty million dollars US annually. 

4) The Company plans to establish a manufacturing facility in South Carolina for their new self reporting insulation for pipes. The Company anticipates sales to begin in Q2 2022. 

5) The Company is preparing for up listing to more senior exchanges, including having PCAOB audited financials for 2021 and 2020. The Company confirms that there is no plan for a reverse split while the Company remains on OTCMarkets. If Company’s uplists to either NASDAQ or NYSE the Company would rely on advice of legal counsel and financial advisors regarding a possible capital structure revision. Timeline for application to up list to NYSE or NASDAQ is 2023. The Company will be focused primarily on revenue 24/7 during 2022. 

On December 27 INTK reported it has appointed DMA | Digital Marketing Agency as its agency of record following an extensive review that started four months ago. DMA will create a dedicated team for Industrial Nanotech and will guide brand strategy, creative, and with digital marketing initiatives for the company’s three brands (Syneffex, Anaconda, Talking Paint) as the marketer looks to capitalize on businesses’ newfound appreciation for energy saving initiatives and innovative solutions to reduce costs after the pandemic.  

Stuart Burchill, CEO of Industrial Nanotech, announced that the Company has signed a two-year multimillion dollar agreement with DMA.  “We were looking for an agency that was data-driven and had a global footprint.  After doing our diligence, we found DMA’s core focus of delivering high quality talent for all our digital marketing initiatives as the difference. We also wanted a partner that shared our excitement for product innovation and opportunity.  We felt there was a real meeting of minds with DMA.  We attended multiple workshops and the way that DMA was able to stand out and hone their creative work until the end was just incredible. We are excited to share this vision with our clients, potential clients, shareholders, and other stakeholders via a webinar on Jan 10, 2022,” 

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INTK is moving higher steadily as the Company makes significant progress. 2021 has been a big year for INTK which has been moving higher all year recently taking out 52-week highs and entering a new blue-sky breakout. INTK has emerged in recent weeks as an investor favorite and is starting to get noticed by some big players. The stock has liquidity, momentum and a fast-growing shareholder base bidding the stock higher.  INTK went “pink current” earlier this year and management has stated its intention to up list to a senior exchange. The Company has little debt on the books and management continues to affirm there will be no reverse split. INTK expects sales of its new product, TalkingPaint, its new smart coating product line, to begin by the end of Q1 2022 at which point the Company plans to establish a manufacturing facility in South Carolina for its new self-reporting insulation for pipes. INTK expects sales of EnergyProtect to Italy under the Superbonus 110 program to begin Q1 2022 and sales in the EU under the European Union sponsored Energy Performance of Buildings Directive to begin Q1 2022. 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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