![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, January 13, 2017 3:25:47 PM
In the last reported year (2015) there was an "unusual expense" of $674,167, which is enormous considering that total sales were $944,919, with a total loss for the year of $1,920,000.
Since Industrial Nanotech issues press releases for even the slightest good news including "discussions" and a change of accounting firms, I would guess (and it is only a guess) that this was bad news. I ask, was this either for payment or settlement for one or more lawsuits?
Of course, this could be for some other reason and Dr. Vedat Bilgin or Kolorgen or one of the officers from INTK Industrial Nanotech should be able to provide more complete information on what this $674,167 "unusual expense" was for.
http://www.marketwatch.com/investing/stock/intk/financials
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM