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dffhogs, BFHJ, I wish I could short it! Pinks always come all the way back down eventually! haha
That's good, then they haven't changed the story on homeowners. Thanks for the clarification.
So then should we assume that if 3 coats produced a 40% thermal transfer reduction (or whatever the figure), then now their 6 coat recommendation produces an 80% or 2x reduction? Or are they putting less particulate into the resin now, and 6 coats is the same as what they used to tell us 3 coats would do?
And darnit, now they've just DOUBLED the amount of recommended product costs due to using 2x as many coats! Have to redo all that data, too? A gallon goes a LOT less far now.
If you say so! What?! They changed it to 6 now for the normal application? So, they were wrong about what only 3 coats does, all along? Now it's 6? Did they double all the performance data now in the testing since the coats are doubled, or were they simply wrong before?
Better load up!
You might've missed the physics involved, or actually using the product yourself. lol If you pile layer upon layer on top of non-cured existing layers... then the ones underneath will take forever to fully cure. And it's best not to have the water hanging around in the coating for TOO long (for the reasons I stated). It may be fine, but I'm not so sure. The warmth of the pipes may make it Ok, but they advise against not applying it too quickly for a reason - we can assume reasonably that those same reasons apply to 7 layers of 3 coats being considered very thick.
onewho, That's for applying 3 coats. I'm talking about letting each "3 coat" layer cure (7 of those in 20 layers). We already know that you don't have to wait for full cure for each individual coat when applying only 3 coats.
onewhodoes, IMO no, because even when it's dry to the touch... moisture/water content is still evaporating for the next 30 days or longer. Full polymerization can take even longer. Of course the water will fully evaporate and get to full cure quicker if the substrate is hot, but 20 coats is a lot. As the surface temp of the other Nansulate coats is cooler, the more coats you put on, it'll cure slower and slower. Normally, the co says not to apply it too thick for each coat so that it doesn't crack, peel, bubble, etc. So imagine with 20 coats, safest thing is to let each 3 (or so) coat layer cure before putting more on. But I don't know, maybe it'd be Ok not to. I wouldn't think so, but maybe it would be.
No, it's called The Boy Who Cried Wolf Syndrome IMO. Nice PPS move so far, but people want proof after having been burned too often with this stock. Yesterday's PR was another example - some sample project with no size of project given, and in most cases so far we never hear anything again about that customer.
20 coats? Are they going to wait 30 days in between every 3 coats, for a total of 7 months to apply it, so that it doesn't crack, bubble, or peel off due to being applied too thickly prior to full cure of each 3 coat layer?
I disagree. Those are words of wisdom based on experience. Most pinksheet stocks will end up crap, and a majority are just a scheme of one type or another. Lowtrade tells it like IT IS, and he does that so there may be a few less hapless saps getting suckered by the games (i.e. scams) in the pinksheets if they don't already know the rules of the game.
phrantic, I agree! And when talking heads say buy buy buy, wait and watch first because IMO it seems their buddies or someone always know first and the stock has runup or pops a bit before we can get in. Then, a small retrace often happens (maybe the buddies are selling on the front-running?) we'd end up backwards immediately. Either buy after the quick retrace or else just watch the ones he says to dump and buy after a few weeks of herd selling happens. God "trading plan"! :)
"Try putting some tin foil on you head" LOL! I love that line!
Yes, and greed has a way of allowing some people to justify bending their ethics or levels of honesty. And what's worse, the pinksheets is like a welcome party for anyone who's looking to exploit a void of ethics.
My mistake, I forgot about the evil MM empire that conspires to obliterate an otherwise excellent non-reporting, unsolicited diluted pinksheet company. Those darn MMs try to shake shares from the weak so that there are less truly loyal longs left at the end of the story to receive their top secret pot of gold. Hilarious.
I almost forgot, each pinksheet scam is now the ONLY legit and viable pinksheet ever, and all the others weren't nearly as sincere as the current one. This time, the story must be true! haha!
eelfland, It's not just the naked shorts, but also the offshore married puts, and the bashers trying to shake shares from the weak so they can load up.
You know, long and strong, bashers never bash a bad stock, to da moon, load the wagon, true longs.
LOL!!
Gasper, Where are the distributors and the photos that prove Nansulate doesn't prevent corrosion? Are you afraid to share it just like so many distributors
Are you full of it, or are you going to back up your claims? You had some specific gripes, yet you refuse to back it up.
You're also hiding from my questions about your own application in which you said the temp diff was minimal. Explain your application, specifically. We can figure out together if you had a problem or not.
wizard, So true. They've had a big quarter before and it didn't help shareholders, although I don't think they've ever had a $1M quarter before.
There are quite a few diluted pigs of stocks out there in the OTCBB, which is more legit than the current pinksheets tier INTK is on, even if they do a few million in sales every year. So this is a start, and I'm sure is a big positive, but is far from the whole story that's needed at this point.
low, Great info post! Doing the opposite of what the talking heads say seems to be a longterm good investment strategy.
$1M Q3 sales? That'd put 2010 on track to break 2008's previous high yearly revenue mark.
They should say who's buying all the Nansulate, but maybe aren't allowed to. Hmmmm. Interesting PR since it's specific. I wouldn't normally guess that to be a lie because the specificity of it IMO means it could be actionable if it's materially misleading.
As far as enhancing shareholder value... what a crock so far.
phrantic, Indeed! I'd like to make a habit of selling too soon with 50% profits. If only! lol
No such thing as selling too soon when you make 57% on a trade! Nice one, you can't go broke locking in a profit!
trade, That's my point too, and most of what we see on LII for pinks is unreliable since the hidden powers that be (insiders or associates) can change things like lightning & manipulation is king. So, I think pinksheets are POS and so is the LII and other info. Unless they're audited & fully reporting.
trade, I don't look at LII for pinks anymore either, since I figure most pinks trade in mysterious/insider ways and not all orders will be 'visible' in LII for those type of situations. Sorry, not much of a helpful answer I know.
INTK is trying to go "Current Information" with otcmarkets? The only thing lacking, quite some time ago, was the Attorney Letter. Looks like they have one now.
Maybe their status will change now. Maybe they're trying to be proactive for a change and get a little bit more credibility as a corporate publicly traded entity. It's about time.
onewhodoes, I hear you. Their accountant audits mostly tiny companies, too, and they're 3-4 years behind on audits.
And we have to wonder what happened to the 4 (or thereabouts) other prior legal counsel firms they had listed. Did they quit, for reasons we can only wonder about? Most lawyers who are getting paid don't seem to quit for no reason, I'd say. So it has to be some reason. Or did the company let them go just to switch and keep the legal rep game of musical chairs in motion? If so, why?
This is part of the problem with unsolicited unaudited pinksheets.
onewhodoes, It could mean either, in such a vague context. A RS, I believe, would mean a registration due to needing a new symbol. Or, if great things were on the way then it could mean registration on a real exchange since the pinksheets non-reporting tiers aren't typically considered a real exchange at all. It's just a non-transparent market tier that crap stocks can sit on, not really an exchange.
OTCQX and the other transparent/reporting pinksheet tiers are different - I'm not referring to those being crappy. But the tier INTK is currently on is crap.
Which direction, registration or RS? Either very great, or very bad, things could be on the way. lol
INTK switched legal counsel AGAIN:
http://www.otcmarkets.com/stock/INTK/company-info
Legal Counsel
Law Offices of Stephen M. Fleming PLLC
110 Wall Street
11th Floor
New York, NY 10005
What is this, the 4th or 5th legal counsel for them? Why did the others quit or get fired? I doubt the attorneys would tell us, but it's a curious thing to wonder about.
At least this one is on Wall Street because everyone knows Wall St is ethical, right? :-|
onewho, Agreed, and we're back to the original continual gripe that the product & data need more credibility for it to be more widely accepted as legit and worth the risk of expenditure.
For example, if GE vouched for it that'd definitely be a well known and credible entity... and others would simply follow and buy the stuff simply because GE vouched for it. It's the source of the data that's important, not just the data. People tend to NOT believe data coming out of an unaudited, unsolicited, non-current-info status pinksheet company.
onewhodoes, Good points and I agree. But really, what difference does that make if our access to this is via the STOCK and we get mangled to the tune of 90% to 99% price decline?
My point is, the company has been in final stage testing, supposedly, many times with quite a few large entities... yet, nobody liked the results enough to order? Even the US Army, not enough compelling evidence to simply coat all their barracks buildings with the stuff to insulate and save some $$ on heating or cooling?
trade, I agree. And what about all the companies who've supposedly already tested the stuff? Where are their orders? Were the test results not good? Or did they order but the co couldn't produce product in a timely fashion, or what is the issue?
We've been told that large companies HAVE tested the stuff. Well then, if it's a great product... why weren't they impressed enough with the results to order product? That question begs to be answered, all other things aside. A layman using simple logic might assume that the companies weren't impressed enough to order.
And if that's not the reason... THEN SOMEONE IN CHARGE NEEDS TO STOP HIDING IN SILENCE AND TELL US WHAT THE REASONS ARE!!
K, It must not be as easy as that, since Petrobras has had years now to test & validate, and supposedly they've done so... with Nansulate, a product which could save them tens of millions of dollars due to less CUI as well as insulation properties for their pipelines and/or facilities. Yet, they have not. So, we may not be to keen to assume GE will move quickly if at all. It'd be nice, but something seems out of whack. If it is as simple as a big firm being exposed to Nansulate, then Petrobras would have put their $$ where their mouth is by now after 4 or 5 years of investigating the product.
No need to remind me about organizational changes, etc. If they were proving big time benefits with Nansulate, then they'd be buying the stuff no matter who's in charge. Regardless of other changes. All companies want to save money, profit is all they care about, and with the low expenditure needed to apply Nansulate it's even easier to justify.
Some assumptions we can make: The auto manufacturer obviously declined to use it, the major electronics mfgr obviously declined to use it, GASCO declined further use, PEMEX hasn't moved quickly as claimed thus far or else we'd have seen a PR about sales, Petrobras didn't feel the urge despite the CEO saying 50,000 gallons was requested for production which never happened, PlaceMakers chain in New Zealand obviously didn't sell the stuff much, the housing in Australia or was it Africa didn't happen, the US Army tested it but opted out so far(?), and the list is very LONG regarding LARGE initiatives or companies who've supposedly tested the stuff but not ordered. Why not?? They got great results but decided they didn't want to save money and energy?
TLR: Doesn't that look like a short term descending triangle which may be forming? So, only enter if we get a closing price at about 1.12 or higher or so?
Or does the previous uptrend mean we shouldn't be viewing the last 45 days or so as a descending triangle?
Edit: WOOPS! I completely missed that last huge green bar! I must need candles (or glasses, haha).
I agree. I SEE a breakout, but I wasn't sure exactly how to confirm it in the situation where there's a lack of volume increase. Thanks!
lowtrade, Understood. But what if the resistance break (upwards) isn't accompanied by increased volume at all in the first place? Would you still enter as aggressively as always, or is that a minor red flag to you that it may be a head-fake breakout? I know declining volume AFTER the initial move upwards is a hint to look for, but what if the volume didn't increase at all even upon initial move above the trendline or resistance level?
Still view it as completely valid formation? Don't need the increased volume as an important cue that the breakout isn't a head fake?
lowtrade (or anyone), What're your thoughts about a breakout from a symmetrical triangle but without higher than normal volume? Does that make the breakout bogus or is it valid as long as the closing price of the breakout is still above the nearest resistance point?
I tend to think it's still valid, but wondering if anyone disagrees.
onewho, Nobody's peeing on anything. There's too much history of initiatives being started out w/out enough homework being done in advance... and it shows in the results so far, right? You don't know what's needed for GE to take interest (neither do I, but I opt for covering bases instead of ignoring them).
The days of throwing dung at the wall need to end, and hopefully that'll be in lieu of more focused thorough efforts in specific directions so that the odds of success are increased greatly.
We may be able to assume they'll also want documented proof first, from some entity seen as more credible than the current sources the company has - plenty of info available, but WHOM the info comes from isn't all that noteworthy IMO.
Maybe Kolorgen will come through with a documented study from someone other than just some schmoe at a little known firm or lab who'll be dismissed as usual.
Is that assurance as reliable as the company's press releases have been?? Hopefully much more.
Many of us have been hard at work throwing money away on this stock - look at the chart; very very high % price decline. That's not an "investment". And the PR strategy is horrible and further lowers perceived credibility with INVESTORS. Shareholders seem to have so far been pawns to keep the lights on at the co.
Unfortunately not all distributors (former?) have such good things to say as you do about the company, by the way. This board shows some supposed proof of that.
Forget keeping US happy. We buy stock, and a little product, but not a lot of product. Find out the data your customers need, and get that. Talk to an industrial engineer and get the data that would be most compelling to them. Or hire a Consultancy firm to go to one of your client applications and document a before & after with the appropriate test & comparison controls in place.
IF a CREDIBLE firm publishes well-controlled case study real world data regarding savings, without room for error or excuses or naysaying, then you'd be surprised how well that can be used in your sales efforts. People like to follow, period. If you get publication by a respected credible organization, then others will FOLLOW because it'll make them FEEL SMART for listening to such a well respected recommendation.
The key is WHO publishes the info. Not just that there is some info out there.