Thursday, June 22, 2017 10:26:32 PM
Just in the past 4 years, the company has issued over 115 press releases.
Investors should be wary of a company that publishes promising press releases but never delivers. The company has been touting their “Nansulate” product for the last eight years without realizing anything tangible as a result. In 2005 the US Navy expressed “interest” in Nansulate Coatings, the steel unit of Hyundai Motors was said to meet with an INTK Asian distributor, the product was tested by a leading HVAC manufacturer, the company entered a final testing phase with an “energy giant”, and INTK partnered with a “national industrial coating contractor”. All of these promising press releases made in 2005 make up only a small part of all the press releases issued by INTK in the past 9 years. Just in the past 4 years, the company has issued over 115 press releases.
However when we see investors get excited about OTC companies, we will always step in to warn them. “Nansulate” has been a running joke for a long time now. Best to leave it that way.
I am not sure if INI/Industrial Nanotech/Synavax is now engaging in parody in their latest product announcements or they actually think that there are people out there that are just that gullible.
http://www.nanalyze.com/2013/12/is-industrial-nanotech-intk-a-pump-and-dump/
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