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Re: mongoose64801 post# 14959

Friday, 03/27/2015 12:57:40 PM

Friday, March 27, 2015 12:57:40 PM

Post# of 46223
Firstly, management has put out non-audited records. Yes, I too would like to see audited books. Expensive proposition when you are a company that has struggled to pay bills and employees salaries. Hopefully, we will see them in due course.

Secondly, Boral was a monster endeavor. A David and Goliath situation. INTK worked with them for three years, despite numerous Boral management changes as well as well as other situations always changing. The management of INTK trained the salespeople and spent a lot of money gearing up for sales. INTK and Boral split their ways and INTK was fortunate to sign with a very innovative and fast moving (private firm), Eagle. The contracts were announced in June of 2014. Here we are nine months later and there is much work done between them. Due diligence would have proved this to you.

Thirdly, yes a lot of dilution occured due to the time it took working with Boral as well as the time and expense trying to bring on new customers (can take years of testing). If you look at the website for the otc stocks, you will clearly see that they have do not have "billions" of shares that you think. You will see that they have used most of their authorized shares to finance the operations and now as sales are developing, they obviously can finance their operations without issuing shares.

It is my opinion that you will be happy to see how things are progressing. Just the last few press releases are demonstrating that their product is seeing world-wide appeal.