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THIS IS NOT A NORMAL PENNY STOCK
THERE ARE NORMAL PENNY STOCKS OUT AND THIS IS NOT ONE OF THEM. THE CLAIMS MADE BOTH BY THE PUMPERS AND INDUSTRIAL NANOTECH ARE COMPLETELY BEYOND SANITY. THE HISTORY OF THIS COMPANY IS A HISTORY OF PHONY CLAIMS ABOUT BOTH PRODUCTS AND ORDERS ALONG WITH AN INCREDIBLY SAD LITANY OF PEOPLE AND COMPANIES THAT HAVE SENT THEM MONEY AND NEVER RECEIVED ANY OF THE IMAGINARY PRODUCTS. IT IS MY FIRM BELIEF THAT THE PRINCIPALS OF THIS COMPANY WILL BE IN VERY SERIOUS TROUBLE AS A RESULT OF THEIR ACTIONS.
http://www.newsmax.com/Finance/InvestingAnalysis/pump-dump-sentence-prison/2014/01/24/id/548906/
https://www.law360.com/articles/339439/7m-pump-and-dump-scheme-offenders-get-prison-time
https://www.justice.gov/usao-sdny/pr/leader-pump-and-dump-stock-fraud-scheme-sentenced-manhattan-federal-court-nine-years
https://pearsonnewspress.com/fundamental-point-of-view-on-industrial-nanotech-inc-otcpkintk/
INTK INDUSTRIAL NANOTECH SHARE PRICE OVERVALUED
On a scale of 1 to 100, with 100 being the most overvalued INTK is rated at 99. I apologize for bringing reality into the otherwise astounding blindly optimistic tone of this discussion board.
In addition to this wonderful rating, the company has zero inventory of their fictitious products , $265 in the bank and an F rating at the Better Business Bureau.
(OTCPK:INTK) has a Value Composite score of 99. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 96.
https://pearsonnewspress.com/fundamental-point-of-view-on-industrial-nanotech-inc-otcpkintk/
NO INVENTORY, NO MONEY, NO PROBLEM
Industrial Nanotech has advanced technology that will allow it to take orders without any inventory in stock. This does not present a problem since they have no intention of shipping the products anyway.
Value of Cash and Short Time Investments (money in the bank+other) = $275
Total Value of Inventories, Finished Goods + Work in Progress + Raw Materials + Progress Payments & Other = $0.00
Until today they have not give us any refund or products. They just turn silence.
Ordered and never got there snake oil called Nansulate Lead X or my money back.
Since early 2015 we requested for refund but til today they just kept quiet.
we paid them for a couple of orders, and 4 months later, they still haven't delivered the product and they won't refund us our money!
we never received the product. We requested a refund for the product and ... and still have not received one. Every time I call, I get the run-around.
This is a dishonest company that has no desire to help its customers avoid lead exposure.
ACTUAL RESULTS MAY VARY--INDUSTRIAL NANOTECH
If you take the time to review the Industrial Nanotech press releases over the years you will have to conclude that the actual results vary significantly . The orders and business that Industrial Nanotech claims should be viewed as VIRTUAL RESULTS and not actual results.
Industrial Nanotech is a market leader in virtual reality (LOL).
INDUSTRIAL NANOTECH INTK ACTUAL RESULTS!!!
Total Shareholders' Equity = negative $1,590,000
Value of Cash and Short Time Investments (money in the bank+other) = $275
Total Value of Inventories, Finished Goods + Work in Progress + Raw Materials + Progress Payments & Other = $0.00
Return on Assets = negative 860.03%
Net Income cumulative last five years = negative $13,780.000.00
http://www.marketwatch.com/investing/stock/intk/financials
Marketwatch is a subsidiary of Dow Jones and Company
Industrial Nanotech Federal Bureau of Prisons
Industrial Nanotech, Inc. Announces Use of Nansulate® Liquid Insulation By Federal Bureau of Prisons
http://www.businesswire.com/news/home/20111114005801/en/Industrial-Nanotech-Announces-Nansulate%C2%AE-Liquid-Insulation-Federal
https://www.law360.com/articles/339439/7m-pump-and-dump-scheme-offenders-get-prison-time
http://www.ocregister.com/2016/09/13/man-gets-year-in-prison-for-stock-scheme-tied-to-company-founded-by-rudy-of-notre-dame-film-fame/
http://www.newsmax.com/Finance/InvestingAnalysis/pump-dump-sentence-prison/2014/01/24/id/548906/
https://www.nyccriminallawyer.com/fraud-charge/securities-fraud/pump-and-dump-schemes/
Industrial Nanotech Federal Bureau of Prisons
Industrial Nanotech, Inc. Announces Use of Nansulate® Liquid Insulation By Federal Bureau of Prisons
http://www.businesswire.com/news/home/20111114005801/en/Industrial-Nanotech-Announces-Nansulate%C2%AE-Liquid-Insulation-Federal
https://www.law360.com/articles/339439/7m-pump-and-dump-scheme-offenders-get-prison-time
http://www.ocregister.com/2016/09/13/man-gets-year-in-prison-for-stock-scheme-tied-to-company-founded-by-rudy-of-notre-dame-film-fame/
http://www.newsmax.com/Finance/InvestingAnalysis/pump-dump-sentence-prison/2014/01/24/id/548906/
https://www.nyccriminallawyer.com/fraud-charge/securities-fraud/pump-and-dump-schemes/
BRIGHT FUTURE FOR INDUSTIAL NANOTECH
IN PUMP AND DUMP SPOTLIGHT
I am so happy tradeking60 are now finding so many areas to agree. I have been attempting to shine light on this awful company for some time now and maybe Industrial Nanotech will soon emerge from the shadows. Here are just a few companies in the PUMP AND DUMP SPOTLIGHT with "bright futures"
https://dynamicwealthreport.com/penny-stock-pump-and-dump-exposed/
https://financefeeds.com/mercer-fx-pump-and-dump-scheme-exposed-we-detail-exactly-what-happened/
https://www.law360.com/articles/339439/7m-pump-and-dump-scheme-offenders-get-prison-time
There is a reason to make sure that we expose and shine the light on INDUSTRIAL NANOTECH since...Market manipulation including pump and dump scams is illegal on both the federal and state level and penalties if convicted could include a lengthy prison term.
There are a variety of laws that make pump and dump illegal including:
Section 17(A) of the Securities Act of 1933:
The Securities Act prohibits anyone involved in selling or offering securities to participate in a scheme to defraud. Section 17(A) specifically criminalizes making material misstatements, omitting material facts, or otherwise participating in a scheme to defraud potential purchasers of securities.
Rule 10b-5 of the Securities Exchange Act of 1934: The Securities Exchange Act broadly prohibits any fraud, material misstatements, or material omissions in connection with the purchase or sale of securities.
18 U.S. Code Section 1343: This wire fraud statute criminalizes any fraud scheme that uses wire, radio, or television communications. If the Internet is used as part of a pump and dump scheme or if faxes are sent out to pump a stock, you can be charged with this offense.
18 U.S. Code Section 1341: This statute broadly prohibits fraud and swindles, including fraud schemes using the postal service. If false reports about the company or other marketing materials were sent via mail, you may be charged with postal fraud.
https://www.nyccriminallawyer.com/fraud-charge/securities-fraud/pump-and-dump-schemes/
http://www.nanalyze.com/2013/12/is-industrial-nanotech-intk-a-pump-and-dump/
https://scottlocklin.wordpress.com/2012/12/08/nano-hits-the-pink-sheets/
TRADERKING60 VERIFIES WHAT I HAVE BEEN SAYING
I would like to publicly thank traderking60 for the verification and confirmation of what I have been saying, In my postings I consistently report that this company is a complete scam, providing both misleading and totally fabricated information in order to separate consumers and companies from their hard-earned money. Gleefully, Industrial Nanotech was able to keep more than $100,000 sent by Triton-Nereid Electronics and Insulo and then ignore them when they foolishly expected a response.
Traderking60 has been tireless in posting and reposting the fabrications provided by Industrial Nanotech and that is why I am so thankful. That is, there is no need for me to quote the fabrications since it has already been done. Traderking60 has more than 500 posts that contain such hilarious fantasies as in the 12/10/14 posting, INTK has supplied their insulating and protective coatings to government and defense organizations since 2004, including the U.S. Navy, U.S. Army Corps of Engineers, Naval Aviation Museum, City of Rochester New York, City of Miami, U.S. Army, government of Brunei, Bangkok International Airport, and Tampa Port Authority, among others.
Traderking60 I do note more than a trace of caution in your last 4 posts. Perhaps, you either know or suspect that this will all end up as a criminal prosecution and you are more becoming more cautious and less effusive.
All of this time, I have suspected that Industrial Nanotech and the stock will end up in a criminal prosecution and I have been tirelessly warning anybody who would listen that this is a scam. For the record, I have never had any interaction with Industrial Nanotech (their sordid reputation is a public record) and I have never purchased or intend to purchase any of the stock.
https://www.sec.gov/fast-answers/answerspumpdumphtm.html
https://www.blairdefense.com/everything-pump-dump-schemes/
https://www.law360.com/articles/810397/stock-promoter-gets-prison-for-pump-and-dump-scheme
http://www.newsmax.com/Finance/InvestingAnalysis/pump-dump-sentence-prison/2014/01/24/id/548906/
INDUSTRIAL NANOTECH PURPOSELY MISLEADING DATA
WHEN WE ARE DEALING WITH CRITICAL ISSUES LIKE FOOD SAFETY IT IS NOT ACCEPTABLE TO PROVIDE PURPOSELY MISLEADING DATA. FOR EXAMPLE, British Petroleum (BP) and General Motors (GM) are companies and not standard testing authorities.
I have looked very carefully and 100% of the "test results" do not refer to any products, any testing laboratory or facility and THERE IS ABSOLUTELY NO CITATION WHERE TO LOOK UP AND VERIFY ANY INDUSTRIAL NANOTECH CLAIMS.
THIS IS NOT A JOKE AND VERY SERIOUS, PEOPLE AND COMPANIES MAY USE THESE PRODUCTS THINKING THAT THEY HAVE BEEN TESTED FOR FOOD AND OTHER SAFETY AND PLACE BOTH THEIR CUSTOMERS AND THEMSELVES IN SERIOUS PERIL.
EVEN THOUGH I KNOW THAT I WILL BE IGNORED OR ATTACKED, PLEASE LET US KNOW IF THERE IS ANY VERIFIABLE DATA THAT THE PRODUCTS ARE SAFE-PARTICULARLY AROUND FOOD AREAS!
INDUSTRIAL NANOTECH-THE COMPANY THAT CAN SAY NO.
INDUSTRIAL HAS NO INVENTORY, NO ACTUAL TEST DATA, NO FACTORY, NO OFFICES (THEY ONLY HAVE VIRTUAL OFFICES), NO MONEY IN THE BANK (ONLY $265 AT LAST REPORT), NO GOODWILL AND MOST IMPORTANTLY IF YOU SEND THEM MONEY FOR PRODUCTSYOU WILL GET NO ANSWER AND NO PRODUCT.
They promised the refund but never send to us.
Until today they have not give us any refund or products. They just turn silence.
Every time I call, I get the run-around. They will not connect me to a manager, nor give me a direct phone number for one. This is a dishonest company that has no desire to help its customers avoid lead exposure.
User Recommendation:Stay away
To this date, almost eleven months later I have not received said paint nor have been reimbursed with my money despite many emails and phone calls to Industrial Nanotech, Inc.
Paid $2000++ for the damn order but they did not deliver. Since early 2015 we requested for refund but til today they just kept quiet.
They take your money and do not make delivery. I paid them $850 USD including delivery charge and nothing got sent, they then ignored me when asking for a refund. Crooked company
We have ordered this product to use for some of our customers. At this point we are very upset with the company, because we paid them for a couple of orders, and 4 months later, they still haven't delivered the product and they won't refund us our money! We are telling everyone not to do business with a company that takes your money and doesn't deliver!!
IF YOU ATTEMPT TO SUE INDUSTRIAL NANOTECH YOU HAVE NO CHANCE. FIRST OF ALL, THEY WILL BE DIFFICULT TO SERVE SINCE THEY ONLY HAVE "VIRTUAL OFFICES" AND EVEN MORE IMPORTANT SINCE THEY HAVE NO ASSETS THE COMPANY IS "JUDGMENT PROOF"
ARE INDUSTRIAL NANOTECH PRODUCTS DANGEROUS?
I see that Industrial Nanotech is pitching their products to the food industry. I do not see any evidence that the products are safe for areas that are in contact with food. I know that INDUSTRIAL NANOTECH is short of funds with only $265 in the bank but if there is any testing done to show that the products are safe to be used with food it should be published, if not the products should be withdrawn immediately.
If you have questions about the integrity of Industrial Nanotech read what others have to say about this company. HERE IS A COMPANY WITH A $84,322 PAYMENT TO INDUSTRIAL NANOTECH THAT WAS NEVER RETURNED
It already cost damage from our business. We want full refund both on products ($71,787.22) and distributor fee ($12,535) plus any damage cost caused by their lack of performance.
We paid to became distributor, we paid advanced payment for products. No delivery. We want full refund on advanced payment and distributor fee.
We (Triton-Nereid Electronics, Inc.) became a Distributor of Industrial Nanotech on 01/01/2015 with a distributor fee ($12,535) paid to Industrial Nanotech We signed a distributor agreement (drafted and provided by Francesca Crolley V.P. Business Development Industrial Nanotech, Inc. (INI)) with Industrial Nanotech. The distributor agreement was signed by Stuart Burchill, CEO/CTO Co-Founder Industrial Nanotech, Inc.
In order to keep the Distributor Agreement Industrial Nanotech required quota from us.
We ordered (on 02/11/2015) (1200 gallons) products (full price $95,716.30) from Industrial Nanotech with advanced payment ($71,787.22) which never deliver. This payment was wired transferred by Wells Fargo
On 04/14/2015 we reduced the order to half. They never give us the partial refund. They never deliver products. (We had good intention when we reduced the order. Industrial Nanotech told us they encountered a production problem, they could not fulfill large order. Therefore, we reduced the order hoping they can complete our order faster.)
They promised the refund but never send to us.
Until today they have not give us any refund or products. They just turn silence.
IF YOU WANT TO SEE MORE ABOUT THE LACK OF INTEGRITY OF INDUSTRIAL NANOTECH GOOGLE INDUSTRIAL NANOTECH SCAM AND INDUSTRIAL NANOTECH FRAUD.
https://www.fbi.gov/scams-and-safety/common-fraud-schemes/market-manipulation-pump-and-dump-fraud
https://www.sec.gov/fast-answers/answerspumpdumphtm.html
https://www.ftc.gov/about-ftc/bureaus-offices/bureau-consumer-protection
https://www.bbb.org/west-florida/business-reviews/insulation-materials-companies/industrial-nanotech-in-naples-fl-90068000
https://www.justice.gov/criminal-fraud/report-fraud
http://www.myfloridalegal.com/pages.nsf/Main/E3EB45228E9229DD85257B05006E32EC
INDUSTRIAL NANOTECH ON THE INTERNET
This is a dishonest company...
We (Triton-Nereid Electronics, Inc.) became a Distributor of Industrial Nanotech on 01/01/2015 with a distributor fee ($12,535) paid to Industrial Nanotech They never deliver products. (We had good intention when we reduced the order. Industrial Nanotech told us they encountered a production problem, they could not fulfill large order. Therefore, we reduced the order hoping they can complete our order faster.)
They promised the refund but never send to us.
Until today they have not give us any refund or products. They just turn silence.
Ordered and never got there snake oil called Nansulate Lead X or my money back. They did send me a check that bounced. Scammers. Stay away. I reported them to the SEC and BBB
Our company was supposedly the appointed distributor for Nansulate and we placed an order for a prominent government client 30 gallons of Nansulate Energy Protect in July 2015. Months later they say they had to send back our order to the production because "it did not meet their stringent quality control standards" and said it had to go for a "re-work" so we waited patiently. Paid $2000++ for the damn order but they did not deliver. Since early 2015 we requested for refund but til today they just kept quiet.
We have ordered this product to use for some of our customers. At this point we are very upset with the company, because we paid them for a couple of orders, and 4 months later, they still haven't delivered the product and they won't refund us our money! We are telling everyone not to do business with a company that takes your money and doesn't deliver!!
I placed an order for LeadX™ Clear Lead Encapsulation Coating. My toddler had elevated blood lead levels, and we ordered the product in order to protect him from future lead exposure in our home. Many e-mails, phone calls, and empty promises later, we never received the product. We requested a refund for the product and S&H ($111) on three separate occasions, and still have not received one. Every time I call, I get the run-around. They will not connect me to a manager, nor give me a direct phone number for one. This is a dishonest company that has no desire to help its customers avoid lead exposure.
All the makings of a scam I feel (A product that is too good to be true usually is) None of the listed references on there site would respond back about ever using there products or that it really existed. The awards they claim to have won at the bottom of the page don't appear to be be linked to real awards.
THIS IS NO A TYPICAL SUB-PENNY STOCK. THIS IS PART OF A VERY SOPHISTICATED SCAM. IF YOU ARE ASSISTING STUART BURCHILL AND INDUSTRIAL NANOTECH IN ANY WAY I PLEAD WITH YOU TO TAKE A SERIOUS LOOK IN THE MIRROR AND UNDERSTAND WHAT YOU ARE DOING, PEOPLE WHO DO BAD THINGS BECOME WHAT THEY DO.
INDUSTRIAL NANOTECH MUST BE ON SOMEBODY'S RADAR
With all of the new product announcements and incredible products Industrial Nanotech has to be on somebody's radar
https://www.fbi.gov/scams-and-safety/common-fraud-schemes/market-manipulation-pump-and-dump-fraud
https://www.sec.gov/fast-answers/answerspumpdumphtm.html
https://www.ftc.gov/about-ftc/bureaus-offices/bureau-consumer-protection
https://www.bbb.org/west-florida/business-reviews/insulation-materials-companies/industrial-nanotech-in-naples-fl-90068000
https://www.justice.gov/criminal-fraud/report-fraud
http://www.myfloridalegal.com/pages.nsf/Main/E3EB45228E9229DD85257B05006E32EC
INDUSTRIAL NANOTECH BIG NEWS THAT I AM EXPECTING
The announcement that I am expecting is that Industrial Nanotech is no more. The Indusrial Nanotech site already redirects to INI and the products are no longer marketed under the Industrial Nanotech name, probably due to the incredibly bad name that Industrial Nanotech has garnered.
If you look at the INI and Synavax sites there is absolutely no mention of Industrial Nanotech--as if it never existed.
Also, Industrial Nanotech has abandoned their real offices and now only maintains virtual offices.
People have questioned why I continue posting. As long as Stuart Burchill and Industrial Nanotech continue doing bad things to good people it is important that someone speaks up.
WHERE DID THE $13,780,000.00 GO?
I HAVE NOT YET READ BUSINESS FRAUD FOR DUMMIES, BUT I DO KNOW IF YOU TAKE A GREAT DEAL OF MONEY THERE SHOULD BE SOMETHING TO SHOW FOR IT!
Where did all of this money go? IF YOU TAKE A GREAT DEAL OF MONEY YOU SHOULD BE ABLE TO SHOW SOMETHING FOR IT. WHAT WE SEE HERE IS $13,780.000.00 MAGICALLY TURN INTO $265!
There is $275 in the bank, no goodwill, no inventory and no physical buildings. Industrial Nanotech had 5 factories in 2009, where did the proceeds from the sale of the factories go?
INDUSTRIAL NANOTECH TOTAL CASH AVAILABLE = $275
Total Cash & Short Term Investments = $275
Total Inventories = $0.00
Net Goodwill = $0.00
Research and Development Expense Last Reported Quarter $15 a day
Total Value of Buildings+Land+Improvements = $0.00
Net Income = Negative $13,780.000.00 LAST FIVE YEARS
Unusual Expense in 2015 = $674,167.00
http://www.marketwatch.com/investing/stock/intk/financials/balance-sheet
http://www.marketwatch.com/investing/stock/intk/financials
http://www.nanowerk.com/news/newsid=8802.php
WHERE DID THE $13,780,000.00 GO?
I HAVE NOT YET READ BUSINESS FRAUD FOR DUMMIES, BUT I DO KNOW IF YOU TAKE A GREAT DEAL OF MONEY THERE SHOULD BE SOMETHING TO SHOW FOR IT!
Where did all of this money go? IF YOU TAKE A GREAT DEAL OF MONEY YOU SHOULD BE ABLE TO SHOW SOMETHING FOR IT. WHAT WE SEE HERE IS $13,780.000.00 MAGICALLY TURN INTO $265!
There is $275 in the bank, no goodwill, no inventory and no physical buildings. Industrial Nanotech had 5 factories in 2009, where did the proceeds from the sale of the factories go?
INDUSTRIAL NANOTECH TOTAL CASH AVAILABLE = $275
Total Cash & Short Term Investments = $275
Total Inventories = $0.00
Net Goodwill = $0.00
Research and Development Expense Last Reported Quarter $15 a day
Total Value of Buildings+Land+Improvements = $0.00
Net Income = Negative $13,780.000.00 LAST FIVE YEARS
Unusual Expense in 2015 = $674,167.00
http://www.marketwatch.com/investing/stock/intk/financials/balance-sheet
http://www.marketwatch.com/investing/stock/intk/financials
http://www.nanowerk.com/news/newsid=8802.php
INDUSTRIAL NANOTECH LOST $13,780,000.00 IN 5 YEARS
$2.85 lost for each and every dollar of sales ($4,833,320.00 over 5 years)
Losses of:
$1,920,000.00 IN 2015
$2,720,000.00 IN 2014
$1,420,000.00 IN 2013
$3,060.000.00 IN 2012
$4.660,000.00 IN 2011
INDUSTRIAL NANOTECH TOTAL CASH AVAILABLE = $275
Total Cash & Short Term Investments = $275
Total Inventories = $0.00
Net Goodwill = $0.00
Net Income = Negative $13,780.000.00 LAST FIVE YEARS
Unusual Expense in 2015 = $674,167.00
Does anyone know what the payment for the unusual expense was for? That is a great deal of money for such a tiny company. Was this in payment for a lawsuit or other dispute?
Return on Investment = Negative 860.2%
In 12 years the stock has lost more than 99% of it's original value.
Total Value of Buildings+Land+Improvements = $0.00
Total Shareholder Equity = Negative $1,590,000.00
http://www.marketwatch.com/investing/stock/intk/financials
Marketwatch is a subsidiary of Dow Jones and Company
INDUSTRIAL NANOTOTECH TOTAL CASH AVAILABLE = $275
Cash & Short Term Investments = $275
Total Inventories = $0.00
Net Goodwill = $0.00
Net Income = Negative $1,920,000.00
Unusual Expense = $674,167.00
Return on Investment = Negative 860.2%
In 12 years the stock has lost more than 99% of it's original value.
Total Value of Buildings+Land+Improvements = $0.00
I am also including PRESS RELEASE FROM 2009 where INDUSTRIAL NANOTECH CLAIMED that "the total number of manufacturing locations for their nanotechnology-based products to five: two in New Jersey, USA, one in Colorado, USA, one in South Africa, and the newest location in Germany."
http://www.marketwatch.com/investing/stock/intk/financials/balance-sheet
http://www.marketwatch.com/investing/stock/intk/financials
http://www.nanowerk.com/news/newsid=8802.php
TOP URGENT!!! ARE PRODUCTS FOOD SAFE?
I see that Industrial Nanotech is marketing (and possibly selling) their products for use in food handling. I CAN SEE NO DOCUMENTATION OR TESTING THAT ANY OF THE ITEMS ARE SAFE FOR USE IN FOOD HANDLING. THIS IS VERY SERIOUS AND IF THE PRODUCTS ARE NOT FOOD SAFE THEY MAY CAUSE SERIOUS HARM.
IF THERE IS ANY DOCUMENTATION CONCERNING FOOD SAFETY PLEASE LET PEOPLE KNOW OR INDUSTRIAL NANOTECH SHOULD WITHDRAW THE PRODUCTS IMMEDIATELY IN ORDER TO NOT CAUSE HARM TO CONSUMERS!!!!
http://www.synavax.com/portfolio-items/frontier-produce-insulation-of-refrigerated-van/?portfolioCats=210%2C59%2C137%2C61%2C212%2C91%2C23%2C87%2C45%2C47%2C46%2C211%2C62%2C179%2C213%2C214%2C60%2C88%2C25
TIME TO DO SOMETHING CONSTRUCTIVE WITH YOUR LIFE LIKE STUART HAS.
We all measure our life's accomplishments by different criteria. I must admit that Stuart Burchill has accomplished a great deal in the dozen years that he has operated Industrial Nanotech and before that Industrial Biotechnology.
He really has a great deal to show for his efforts!
I really does take extraordinary talent for Stuart Burchill to pull off such a long-running and successful scam!
https://www.sitejabber.com/reviews/www.nansulate.com
http://www.ripoffreport.com/reports/industrial-nanotech-inc/naples-florida-34109/industrial-nanotech-inc-nansulate-leadx-high-heat-coating-heatshield-epx4-and-home-pr-1278717
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74188683
https://www.scamguard.com/industrial-nanotech-inc/
http://www.greenbuildingadvisor.com/blogs/dept/musings/insulating-paint-merchants-dupe-gullible-homeowners
https://investor.gov/protect-your-investments/fraud/types-fraud/pump-dump-schemes
https://www.sec.gov/litigation/litreleases/2014/lr22951.htm
STUART BURCHILL'S ARREST--NEED CLARIFICATION
It does read that Stuart Burchill was Arrested on 11/04/02 for an alleged fraud offense. It says that there were 2 charges of WORTHLESS CHECK CAPIAS. It does not say either way whether Stuart Burchill was convicted or not convicted.
Stuart Burchill should clarify what happened on 11/04/02, including details of the charges and what further action, if any, was taken by the courts or by the police.
Also, since he is asking you to invest with him I would like to know if Industrial Nanotech has any lawsuits filed against it at this time.
http://florida.arrests.org/Arrests/Stuart_Burchill_8376721/
ANY DOCUMENTATION PRODUCTS ARE FOOD SAFE?
Is there any documentation whether Energy Protect™ or Heat Shield™ EPX-H2O are safe for surfaces that are in contact with food.
Industrial Nanotech/Synavax allege that Frontier Produce in Tulsa, Oklahoma Energy Protect™ was used to insulate the interior walls and ceiling of the van...
“The only thing necessary for the triumph of evil is for good men to do nothing.” Edmund Burke
http://www.openculture.com/2016/03/edmund-burkeon-in-action.html
While I may not be able to solve the continued strife in the Middle East or find a cure for cancer, this is a really easy place for me to do good and fight evil from the comfort of my home.
Once I saw the repeated thefts that Stuart Burchill and Industrial Nanotech were engaged in, it was not possible to say it was "none of my business" I do not know the full extent of the thievery but Insulo of South Korea alone lost $20,000.00 to Stuart Burchill and Industrial Nanotech. Perhaps since you are a long-time distributor Stuart will share with you how much money he has taken from gullible consumers and companies. It is probably a great deal.
Dr. Bilgin, you might have forgotten, but on the Yahoo Industrial Nanotech discussion board you did admit that the press release about your big order for a Turkish textile producer was not real and that the press release was never retracted. You did admit that the the textile company was bankrupt and the order was not a real order.
I really have attempted to verify if any of the massive orders that Industrial Nanotech announced were real and each and every one of these big orders were fictitious.
Vedat it is 3:00 AM where you are. Please go back to sleep. Do not worry. Stuart Burchill and Industrial Nanotech will continue to trumpet impossible products and imaginary orders when you wake up. Iyi geceler Vedat!
traderking60, I see that you also just posted and this reply does address why I continue to post. I see that you have posted many more times than I have and your posts are beyond nonsensical. How silly can you be to provide test results that are completely out of any context whatsoever, that do not refer to any specific products and do not provide the name of the laboratory or where the results are published.
Also, do you actually believe the crazy things that you continue to post or do you receive compensation for your postings.
I will state once more that I have nothing to do whatsoever with Stuart Burchill, Industrial Nanotech, his predecessor companies or with this industry.
I do think that the denouement for Industrial Nanotech is near and I will have to find another unscrupulous company to write about in the future.
Arrested on 11/04/02 for an alleged fraud offense.
Stuart Burchill Mugshot | 11/04/02 Florida Arrest
http://florida.arrests.org/Arrests/Stuart_Burchill_8376721/
As traderking60 reminds us there are many famous people that have "slow startups" and she or he indicates that Stuart Burchill is one of them. Stuart Burchill did not have his arrest for alleged fraud until he was 40 while was working as self employed handyman. Please be aware that the fraud was only alleged and there is no evidence to indicate that Stuart Burchill was convicted.
From there, he waited about 2 years to start a very sophisticated and long-running fraud which he named Industrial Nanotech. The fact that "Most of the DD below (actually it is above this section) comes straight from the CEO Stuart Burchill and Vice President Francesca Crolley!" should really worry you.
Please take the time to do your research about Industrial Nanotech and Stuart Burchill. It will definitely be interesting and it should save you a great deal of money.
http://www.madcowprod.com/5126-2/
https://www.sec.gov/litigation/litreleases/2014/lr22951.htm
WHY STUART BURCHILL'S ARREST RECORD IS IMPORTANT
The arrest record of Stuart Burchill, President of Industrial Nanotech, is important since Industrial Nanotech and now Synavax attempt to "paint" an alternative reality where this company has real products, real sales and real potential. In fact, Industrial Nanotech is a sub-penny stock that is engaged in real fraud and deception.
Before purchasing any stock you should ignore what the pumpers have to say and check places like the Better Business Bureau where Industrial Nanotech has an F rating and google terms such as Industrial Nanotech fraud and Industrial Nanotech scam..
The arrest record of Stuart Burchill's arrest is consistent with his present actions and is just another way to verify that he is a "bad guy". I again remind anyone reading this site to ignore the pumpers and do your own research. Incidentally, traderking60 once again humorously provides "test results" that do not mention a product, a U. S. testing laboratory or agency and where you can see the results. Traderking60 thank you for the comic relief!
The question still remains HOW DID STUART BURCHILL OF INDUSTRIAL NANOTECH'S ARREST AFFECT HIS THINKING?
Kadlec, I genuinely appreciate your integrity and thanks. The reason that I am taking the time out to post is because there are good people out there like yourself and it is very important to warn them that Industrial Nanotech and Synavax are engaged in fraud and deception. Many people and companies have been swindled by Industrial Nanotech, Insulo of South Korea sent $20,000 to Industrial Nanotech and only has tears to show for his efforts.
HOW DID STUART BURCHILL'S ARREST AFFECT HIS THINKING?
Did it change his life and in what direction did he take from there?
Would anyone like to speculate on this topic?
Perhaps Mr. Burchill (the President of Industrial Nanotech) himself or one of his supporters could address this topic.
Certainly, it is very impressive that Stuart Burchill has provided us with such an incredible mixture of impossible products along with the astoundingly frequent announcements of major orders that never happen.
Add to this, he has attracted international attention, with many people of accusing him of being a fraudster and a thief. This is truly an impressive record for any individual.
Perhaps, like many great leaders before him Stuart Burchill had a great EUREKA moment in 2012, only two years prior to his founding Industrial Nanotech,
http://florida.arrests.org/Arrests/Stuart_Burchill_8376721/
INDUSTRIAL NANOTECH-INTK-LACK OF TESTS
I first was very curious about the possibility that paint could actually serve as insulator. When I took the time to research the possibility I found that Industrial Nanotech was not able to provide a single test to verify that any of the products work.
A test result should include the name of a recognized laboratory or testing facility in in the USA, what product was being tested, what is was tested for and where you can view the results.
As a response to my question about lack of any tests, traderking60 (post 15949) was not able to include the name of a recognized laboratory or testing facility in in the USA, what product was being tested, what it was tested for and where you can view the results. That is test results provided completely out of any context have no value whatsoever. There is no indication whatsoever that the test results have any connection to any of the Industrial Nanotech products--they are just random test results. To me, this is just another verification that even the most ardent supporters are not able to provide even one shred of evidence that any of the products work as claimed.
The statement by Industrial Nanotech that ProtectX™ 4600 by Synavax™ is "approved for food contact according to FDA specifications to use in food environments" is equally as puzzling since it does not refer to any tests or certifications or who did the approval. In addition, there is no such thing as "FDA specifications to use in food environments" The closest I can find is that there is FDA guidance on nanotechnology but it appears that Industrial Nanotech is "in error" when they refer to specifications, When a company is making claims for food safety we should be extremely cautious and demand to see what data they are using rather than expose ourselves to potential harm.
https://www.fda.gov/ScienceResearch/SpecialTopics/Nanotechnology/ucm402230.htm
Vedat Bilgin/Kolorgen on Industrial Nanotech
Vedat Bilgin of Kolorgen is the Turkish distributor for Industrial Nanotech. He is the only distributor still in business that I was able to identify. In his words, here is what he has to say about Industrial Nanotech. Unquestionably, he has full and complete faith in the company and the products and his postings speak for themselves. I think that when Kolorgen talks about his actual financial results instead of his beliefs about the company we need to to pay attention.
I got burned maybe 10 times more than you-I still have faith in the product and the company and all of us. posted in 2010
I have invested all I have in this business, nothing left for shares, but either way we will win. 2011 is, in a way, the year of Nansulate"; despite worldwide crisis hitting everybody, we are not doing that badly, I think. posted in 2011
Hello again, my financials are just as bad as the company's, almost in proportion, but I still have great faith in the company and the team behind it, not yet even met Stuart, but I have faith in what he is doing,
Now, very sadly, Vedat Bilgin, according to his most recent postings, may be sacrificing his physical health due to his blind faith in this company by applying Industrial Nanotech products to his "fridge/freezer.' In a better world I would ask to see the test results that would indicate that any of the products were safe for areas that come into contact, but I know that like all of the other Industrial Nanotech "test results" they are unreasonable facsimiles of test results and not actual test results.
I have already warned you of the financial risks but now I am also warning you of health risks. Do not any use these products in or around food unless you can verify that actual tests were done.
INDUSTRIAL NANOTECH DISTRIBUTORS--GREAT NEWS!!!!!!!
Jacques Diego James • 2 years ago
Our company was supposedly the appointed distributor for Nansulate and we placed an order for a prominent government client 30 gallons of Nansulate Energy Protect in July 2015. Months later they say they had to send back our order to the production because "it did not meet their stringent quality control standards" and said it had to go for a "re-work" so we waited patiently. Paid $2000++ for the damn order but they did not deliver. Since early 2015 we requested for refund but til today they just kept quiet
https://www.scamguard.com/industrial-nanotech-inc/
We have ordered this product to use for some of our customers. At this point we are very upset with the company, because we paid them for a couple of orders, and 4 months later, they still haven't delivered the product and they won't refund us our money! We are telling everyone not to do business with a company that takes your money and doesn't deliver!!
https://www.sitejabber.com/reviews/www.nansulate.com
INTK Conversations | INDUSTRIAL NANOTECH - Yahoo Finance
finance.yahoo.com/quote/INTK/community
The last I saw was that Industrial Nanotech had taken all of the money sent by INSULO of South Korea for a "distributorship" and product and INTK just kept it.
INDUSTRIAL NANOTECH IS STILL SELLING DISTRIBUTORSHIPS, PLEASE CONTACT STUART BURCHILL, PRESIDENT OR INDUSTRIAL NANOTECH FOR DETAILS
http://florida.arrests.org/Arrests/Stuart_Burchill_8376721/
INDUSTRIAL NANOTECH PRODUCTS NOT SOLD ANYWHERE!
I challenge you or anyone reading this board to name one reputable and recognized company that sells any INDUSTRIAL NANOTECH products.
Not only will you not see Industrial Nanotech fraudulent products at Walmart you won't find them at any reputable vendor. The products were once sold at Grainger and Amazon for a short time and they were quickly removed due to complaints from customers.
https://www.grainger.com/product/NANSULATE-Clear-Thermal-Insulation-Coating-5JER9
INDUSTRIAL NANOTECH--SAME FRAUD--NEW NAMES
Industrial Nanotech now uses the Synavax name to market the same old fraud that they have been peddling to gullible consumers and companies for more than 12 years. That is, Synavax is just a new name and new packaging for Nansulate and the other bogus products.
Just in case nobody noticed, none of these products are for sale at any reputable vendor. This site prominently displays such major retailers as Lowes, The Home Depot and Wal-Mart. Of course, you cannot buy any of the fraudulent Industrial Nanotech products at their locations or on their websites. That is to be expected, since nothing Industrial Nanotech claims has any basis in truth.
Very bad numbers indeed! Wait till their next phony press release
Total Shareholders' Equity = negative $1,590,000
Value of Cash and Short Time Investments = $275
Total Value of Inventories, Finished Goods + Work in Progress + Raw Materials + Progress Payments & Other = 0.00
Return on Assets = negative 860.03%
Net Income = negative $1,920,000
www.marketwatch.com/investing/stock/intk/financials/income/quarter
Marketwatch is a subsidiary of Dow Jones and Company
LOOK AT THE INDUSTRIAL NANOTECH--INTK NUMBERS!
Total Shareholders' Equity = negative $1,590,000
Value of Cash and Short Time Investments = $275
Total Value of Inventories, Finished Goods + Work in Progress + Raw Materials + Progress Payments & Other = 0.00
Return on Assets = negative 860.03%
Net Income = negative $1,920,000
http://www.marketwatch.com/investing/stock/intk/financials/income/quarter
Marketwatch is a subsidiary of Dow Jones and Company
INDUSTRIAL NANOTECH INTK PROUD OF RESULTS!!!
Total Shareholders' Equity = negative $1,590,000
Value of Cash and Short Time Investments = $275
Total Value of Inventories, Finished Goods + Work in Progress + Raw Materials + Progress Payments & Other = 0.00
Return on Assets = negative 860.03%
Net Income = negative $1,920,000
http://www.marketwatch.com/investing/stock/intk/financials
Marketwatch is a subsidiary of Dow Jones and Company
DON'T SAY I DIDN'T WARN YOU!
First was the pump and now is the dump. This is so classic and nobody should have been fooled.
http://www.nanalyze.com/2013/12/is-industrial-nanotech-intk-a-pump-and-dump/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=24086521
THE ART OF THE FAKE PRESS RELEASE--INTK
If you take the time to look Indusrial Nanotech as announced tens of millions of dollars worth of fake orders and fake projects. Keep in mind that in the last reported quarter sales were $619 a day, less than the cost of one 5 gallon can of paint. Here are just a few:
Application is scheduled to begin in the 3rd quarter of 2016 and the estimated revenue from this deal is approximately $1,197,000 US.
https://www.streetinsider.com/Press+Releases/Industrial+Nanotech,+Inc.+Product+Specified+on+Large+Municipal+Project/11678149.html
The initial purchase order is for $369,876.84 US of the Company's patented industrial products and annual revenue to the Company from this customer is anticipated to be between $5 million and $10 million dollars US, depending on economic conditions.
http://www.otcmarkets.com/stock/INTK/news?id=133416
two projects over an oil and gas pipeline and four large fuel oil storage tanks, which totaled over $243,000
Industrial Nanotech, Inc. Receives $1,183,427.18 US Purchase Order From Saudi Arabia
https://www.thestreet.com/story/10884812/1/industrial-nanotech-inc-receives-118342718-us-purchase-order-from-saudi-arabia.html
MUG SHOT OF STUART BURCHILL VS. SCREEN SHOT
I see that some people are saving screen shots of my repeated warnings about this pump and dump company. They will have them as a momento of this event and in the future they can say "I should have paid attention".
It is more important for you to pay attention to the old mug shot of Stuart Burchill. This does reflect on the character of Stuart Burchill. The arrest took place about 2 years before Stuart Burchill started the new scam called Industrial Nanotech.
PLEASE DO NOT BE A VICTIM!
In addition to looking at the old mug shot, please take the time to do the research outside of this pump and dump discussion board.
The feedback for Industrial Nanotech is consistently negative. If you do not believe me, check with the Better Business Bureau and see INDUSTRIAL NANOTECH'S F RATING.
http://florida.arrests.org/Arrests/Stuart_Burchill_8376721/
https://www.bbb.org/west-florida/business-reviews/insulation-materials-companies/industrial-nanotech-in-naples-fl-90068000
Real fraud, virtual offices--Industrial Nanotech
INTK Industrial Nanotech operate out of buildings that feature "virtual offices." This is just another reason to be wary of this pump and dump.
Take the time to do your own research about this company outside of this pump and dump board. The evidence in really compelling. There is absolutely nothing real here. The products and orders are all fakes. The only thing that will be real are the real losses you will suffer if you get swindled by these pump and dumpers. http://www.crainsnewyork.com/article/20101024/SUB/310249973/real-frauds-virtual-offices
https://www.scamguard.com/industrial-nanotech-inc/
http://www.ripoffreport.com/reports/industrial-nanotech-inc/naples-florida-34109/industrial-nanotech-inc-nansulate-leadx-high-heat-coating-heatshield-epx4-and-home-pr-1278717
HAVE YOU NO SHAME INDUSTRIAL NANOTECH?
By committing this crime of Pump and Dump you are preying on the most vulnerable and gullible of people. Please take a moment to honestly reflect on what you are doing. Each and every moment in our lives we are given a choice to do good or evil. This is the very moment you can take control of your life and be that person you know you should be.
This is not a game. Stop right this moment and right this wrong. If not, you may get a chance in prison to reflect on your actions for many years. The first url is an old mug shot of Stuart Burchill, the President and chief culprit behind Industrial Nanotech/INI Worldwide and Synavax.
http://florida.arrests.org/Arrests/Stuart_Burchill_8376721/
https://www.justice.gov/usao-sdny/pr/leader-pump-and-dump-stock-fraud-scheme-sentenced-manhattan-federal-court-nine-years
https://www.law360.com/articles/339439/7m-pump-and-dump-scheme-offenders-get-prison-time
http://www.accountingweb.com/tax/irs/alleged-pump-and-dump-scheme-could-mean-25-years-in-prison-for-accountant