Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
In recent news - INTK mistakenly coats it’s own stock with Syneffex cooling it down indefinitely and insulating it from any positive news.
Corrosion however has somehow been allowed to continue ,
Bringing into question the products corrosion resistant attributes .
Chinese rider drives around in his convertible with tge top down “alone “wearing a mask.
Snelly I asked this of you before , and you replied but I’m not sure I understood your explanation .
What do you mean by “ OXTC is there all week diluting”
First, my understanding is that INTK is on the OTC exchange not the OXTC exchange so what is meant by your statement ?
I’m not being adversarial I’m just trying to understand what you mean by your statement .
Diluting what Intk shares?
Selling off ? Disposing of? Retiring?
How does this action effecting the stock price?
Is this what’s currently going on?
We’re Loosing allot of ground with value .
When is the dilution likely to end if that’s what’s driving this value loss in your opinion ?
Please elaborate
A recession prof product.
With a proven track record.
Unfortunately very few end users and potential shareholders know about it.
Where is Digital Marketing?
What exactly are they doing for their multi million $$ contract?
We need press far and wide.
Let’s repeat that ..
Industrial Nanotech Inc
@indnanotech
·
3h
We’re aware of current stock market. Staying focused next 65 days making sure Q2 ‘22 revenue follows Q1 ‘22 $3 million+ revenue with minimum 100% increase. Then audit/uplist. Looking forward to post Q1 financials & engaging shareholders, etc, @ live Zoom event 5/26 $INTK #goforit
Horntail speak truth.
Watch ridge line for smoke signals keemosabe
Give the paleface Whiteman known as Stu the benefit of tge North Star guidance.
Buffalo migration in progress.
Just now….
Industrial Nanotech Inc
@indnanotech
·
55m
Re Previously announced stock dividend to shareholders: ZERO chance of it not happening. Evidently not something most companies do… show appreciation to their shareholders ??... so each step takes slightly longer than anticipated. $INTK, but will be done soon. Fact. #goforit
Snelly I’m afraid you are correct .
Tiger, it was January . January 6 shareholder stock dividend was to be paid on 4-10. It was then delayed by 10 working days. 10 working days from 4-10 is today 4-25 taking into account Good Friday .
Now as the day has arrived , there’s no dividend yet and no news of any extension.
Stu’s on a European cruise that’s a tax write off.
He can’t be bothered with shareholder dividends ! He’s at a port and wine tasting for gods sake.
Have you no manners tiger ??!
Sir Stuart was knighted by the queen yesterday .
For heavens sakes tiger ! Behave !
Industrial Nanotech Inc
@indnanotech
·
3h
The Port of Barcelona Monday afternoon 5 minutes ago, 5:50PM and still at work… perfect point of distribution throughout the Mediterranean, southern Europe, and the Middle East through the Suez Canal. We are here now. Making it happen. $INTK #goforitglobal
Tiger- the original or ex date was 4-10-22
Shareholder stock dividend :
Today 4-25 is 11 business days from the 10 business day extension, originally 4-10, for shareholder stock dividend distribution.
This is where the rubber hits the road .. promises made promises kept . Big big moment.
Stock dividend
No.. original date 4-10
For stock dividend . Extended and increased
10 business days, which is Monday 4-25 at 7.5% vs 6.7%
We will see.
Shareholder stock dividend.
Original date of issuance 4-10-22
On 4-10-22 a statement was issued from INTK saying an additional 10 business days were required for issuance .
That’s this Friday 4-22 or Monday 4-25
Share % went from 6.7% to 7.5% due to the delay .
We will see
Snelly can you elaborate on that OTCX statement for we heard neophites ?
News-21 hours ago
Industrial Nanotech Inc
@indnanotech
·
21h
Received confirmation that our two year trial with Nestle using EPX-H2O on their manufacturing equipment = successful. Now expanding to factories worldwide. 354 factories in 79 countries. $75 - $100 million dollars revenue over next 3 - 5 years. $INTK #goforit.
Nice homework trader king !
Industrial Nanotech Inc
@indnanotech
·
10h
Traveling to Spain the week of April 25th for meetings with potential distribution partner there, then to Portugal for meetings with Galp Energia to start more projects with this great customer. $INTK #goforit
10 business days from 4-10 is either Friday 4-22 or Monday 4-25. Shareholder stock dividend extended date.
From 6.7% to 7.5.% now.
This is going to be where the rubber hits the road.
We haven’t had anything to hang out hats on, no real company names at point of sale so shareholder stick dividends will carry. Allot of weight .
Tic toc .
I hadn’t seen those numbers . Thanks.
I was removed from Twitter a few times so when I go on through the Intk link I can only go back in their news a few posts before it boots me out .
Maybe Musk will straighten out that nest of CIA operatives or maybe Musk will buy INTK too.
10 business days. 6.7% now 7.5%. See press release on Twitter
BOOM-7.5% up from 6.7%
I’ll take it..
Industrial Nanotech Inc
@indnanotech
·
1h
Transfer agent & FINRA paperwork will take approximately another 10 business days before previously announced dividend appears in shareholders' accounts. Increasing the 6.7% stock dividend to 7.5%. Growth & profitability looking very good. Positive news coming. $INTK #goforit
Industrial Nanotech Inc
@indnanotech
·
19h
Lesson learned from this 11 day trip to France & Italy: To be global we must be global. Local offices. Local employees. Meetings this trip included meetings with business people with business interests in the Middle East. $INTK office in EU Q2. Office in Dubai Q3. $INTK
Industrial Nanotech Inc
@indnanotech
·
4h
Recent world events & energy supply uncertainty have created even greater sense of urgency to maximize energy efficiency in Europe. $INTK opening an office in Europe Q2 2022. CEO will be there one week a month to build out & onboard EU team. City to be announced. $INTK #goforit
INTK
I month +30.9%
6 months +202.5%
12 months +1,878.0%
Where have you seen gains like that?
Giddy up INTK!!
Friday, Monday =+23%
Tuesday = +8%
3 day run = +31%
Boom
April 10 is the projected date that the shareholder stock dividend is projected to be paid.
You only qualify for this dividend if you were a shareholder as of 1-6-22 and I believe you had to be identified as a long term shareholder of Intk.
That’s what is meant by April 10 Tiger.
“ in the village of the blind, the one eyed man is king”
This is a long hold. Shake off the nay sayers.
Intk is not for the faint of heart, but if you go big and long you’ll retire early.
Owned since 2009. 6 million shares.Intk has come into its own. It’s hitting its stride.
We will see who’s right and who’s wrong about this company in 2022.
Stay in if you’ve got te stones for it otherwise bail and shut the F up.
April 10 will tell the story
Remember INTK is public . Owners/CEOs who intentionally mislead shareholders are subject to imprisonment , fines, or both.
1 step forward 5 steps back with the share price.
No amount of news seems to get the stock to stick.
Industrial Nanotech Inc
@indnanotech
·
8h
Hired 6 more great employees in past 15 days. Hiring as fast as we can. And now have hired an HR executive out of SalesForce. Exponential growth requires great people. Know any great sales execs or operational folks? careers@industrial-nanotech.com. $INTK #goforit
Industrial Nanotech Inc
@indnanotech
·
Mar 24
Informative conference call today. We covered all the questions shareholders had (over 50 questions) and on our Path to NYSE. Full transparency on all our deals and expected earnings. Enjoy the recording. https://us02web.zoom.us/rec/share/z4atDD56WDiXKg-eQw5cQ1XmByi4IE6uejG40VqRf5_eLDSL65JB_l9b_uStSpHf.-xojVwoRg9cE5yA_… $INTK #goforit
In other news Stu doesn’t recycle his plastic drinking bottles.
We’ve been warned enough.. let’s stop. Those of you who take it upon yourselves to warn us day in and day out are doing nothing more than venting your own frustrations .
We’re all big boys here. If anything your hurting the companies ability to grow which in some strange way may be your goal.
We don’t need the warnings or the investing lessons .
We know what we’re doing and we don’t need any input from the peanut gallery.
Check back in 6 months.
Industrial Nanotech Inc
@indnanotech
·
7h
Informative conference call today. We covered all the questions shareholders had (over 50 questions) and on our Path to NYSE. Full transparency on all our deals and expected earnings. Enjoy the recording. https://us02web.zoom.us/rec/share/z4atDD56WDiXKg-eQw5cQ1XmByi4IE6uejG40VqRf5_eLDSL65JB_l9b_uStSpHf.-xojVwoRg9cE5yA_… $INTK #goforit
Day traders selling going into news.
They burn down the entire show time and time again. Weeks to build and moments to crash it.
Industrial Nanotech Inc
@indnanotech
·
6h
Documents for previously announced stock dividend to shareholders being submitted to FINRA with requested issuance date of April 10, 2022. Will update. $INTK #goforit
Why do shareholders find it necessary to sell going into news .. ahead of tomorrows call all the AHoles sell. I hope they get dusted .
Some history.. on 9-23-21 the most recent upward stock momentum began.
I don’t know what press release or happening that may have fueled it.
Industrial Nanotech Inc's closing price on September 23, 2021 was $0.0086. INTK's price has increased 347.67% since then and is currently trading at $0.04.
This was written by Biotech123 back on Friday February 11 th, 2022. I am bringing it again to everyone’s attention, given the upcoming zoom call slated for 3-24-22. It is extremely informative, insightful and well written. It breaks down the talking points that ALL serious investors in INTK should be informed about and questioning.
Please read . Thank you again Biotech123 for your great work.
Friday, February 11, 2022 8:35:29 AM
Re: None
PlusOneCoin Icon
0
Post# of 39386 Go
Reverse Split, Share Buyback & Uplisting
I wasn't able to attend the live webinar, but just finished listening to the recording and wanted to post my thoughts on a few items.
Reverse Split
Stuart reiterated INTK would not initiate a reverse split while the stock is listed on the OTC markets which includes OTC Pink, OTCQB, or OTCQX. However, if INTK is trying to uplist to the NYSE and needs to meet the minimum share price requirement, which is currently $4.00 per share, a reverse split is likely, but it will be a minimum of two years down the road. Why two years? Because a company must demonstrate it has annual adjusted pre-tax income of $2 million or more for two consecutive fiscal years before it can be uplisted to the NYSE or NASDAQ. In my opinion this stock has a tremendous amount of upside in the next two years, and it's premature for shareholders to be worrying about a reverse split.
Share Buyback
Stuart mentioned a share buyback as one of the tools INTK has in its arsenal to address the number of shares it has outstanding. Let's explore that a bit.
Let's start with two different assumptions for 2022; 1) INTK reaches $50 million in revenue or 2) INTK reaches $75 million in revenue
Revenue $50,000,000 | $75,000,000
COGS $(12,500,000) | $(18,750,000)
Gross Profit $37,500,000 | $56,250,000
Looking at INTKs financial disclosures for 2019-2020 I see their cost of goods sold (COGS) is, on average, around 25%. I used this figure in my calculations above to determine the gross profit.
Liabilities
Professional/Consulting $(1,647,100) | $(2,470,650)
Payroll Expenses $(1,500,000) | $(1,500,000)
General & Admin. $(2,586,200) | $(3,879,300)
Sales and Marketing $(1,500,000) | $(2,000,000)
Total Expenses $(7,233,300) | $(9,849,950)
I made some fairly outrageous assumptions on the liabilities.
Professional/Consulting: I multiplied the expenses found on the 2020 financial disclosure by 50 and 75 for the 2 scenarios respectively.
Payroll Expenses: I assume INTK will start paying its employees. I plugged in 10 employees with average salaries and expenses of $150,000 per employee.
General & Admin.: I multiplied the expenses found on the 2020 financial disclosure by 50 and 75 for the 2 scenarios respectively.
Sales and Marketing: INTK entered into a multi-million dollar agreement with the marketing company so let's call it $1.5 million if revenue reaches $50 million, and I threw in a $500,000 kicker if revenue reaches $75 million.
Gross Profit $37,500,000 | $56,250,000
Total Expenses $(7,233,300) | $(9,849,950)
Net Income $30,266,700 | $46,400,050
So, for the purposes of this exercise, let's assume net income is equal to net cash flow (FYI they're usually different due to depreciation, amortization, etc.). At $50 million in revenue I'm estimating INTK ends up with just over $30 million in cash at the end of the year. At $75 million in revenue I'm estimating INTK ends up with $46.5 million in cash at the end of the year.
INTK has roughly 2.9 billion shares outstanding. Using a share price of $0.019 that gives the company a market cap of around $55.1 million.
Here are the number of shares, and associated cost to purchase those shares, for various quantities at a share price of $0.019.
SHARES | COST
1,000,000 | $19,000
10,000,000 | $190,000
100,000,000 | $1,900,000
500,000,000 | $9,500,000
1,000,000,000 | $19,000,000
Buying 100 million shares might seem like a lot, but in reality it barely moves the needle. And keep in mind, the company is going to add several hundred million shares to its outstanding share count as a result of the previously announced dividend, and with the $1 million in capital it plans to raise, so the share count will likely be closer to 3.3 billion when it's all said and done. To have any meaningful impact, INTK would need to purchase a minimum of 500 million shares which, for this example, would cost $9.5 million, but really we'd need them to purchase a billion plus shares.
If INTK ends 2022 with between $30 million and $46.4 million in cash, is it reasonable to think they'd use $9.5 million to buyback shares? Probably not, however if, by the end of 2023, we're projecting the company will have $60 million to $92 million in cash on hand, I don't think it's unreasonable at all to expect the company to buyback a few hundred million shares over the course of the next few years. Could they even buyback a billion shares? Maybe. It all depends on their expansion plans, the cost of R&D to add to their pipeline of products, increasing payroll expenses, etc.
In general, buybacks are viewed as a positive by investors. Buybacks increase the companies earnings per share (since there's fewer shares outstanding), thereby decreasing the companies price-to-earnings (P/E) ratio (current share price divided by earnings per share). If a company is buying back shares it is also usually a signal to investors that management believes it will continue to generate sufficient revenue in the future to fund any expansion, additional R&D, etc.
Uplisting
I suspect the first goal for INTK will be to uplist from OTC Pink to OTCQX. OTCQX is the top tier of the three OTC markets. Companies that trade on OTCQX must meet high financial standards, be current in their disclosures, and have a sponsorship from a third party advisor. Companies listed here report to a U.S. regulator; either the SEC or the FDIC, and are subject to SEC regulations. Quite a few blue chip stocks from Europe, Canada and South America trade on this platform. Moving to OTCQX is an important first step in the uplisting process as it will expose INTK to a broader investor pool. OTCQX stocks are available through all brokers, whereas some brokers will not allow investors to trade stocks on OTC Pink.
Stuart has indicated they'll target uplisting to the NYSE some time in 2023. In my opinion that is overly optimistic, but let's assume that's correct. To uplist to the NYSE a stock must have a minimum share price of $4.00 per share. Is there any way that INTK gets to $4.00 per share in 2 years on its own (i.e. without a reverse split)?
Let's assume the company has 3.3 billion shares outstanding after issuing the all stock dividend and issuing shares to raise capital.
Let's also assume the following:
- The company has revenue of $50 million (net income of $30 million) in 2022
- The company has revenue of $100 million (net income of $62 million) in 2023
- The company projects revenue of $125 million in 2024
- The company has uplisted to OTCQX by the end of 2022
- The company buys back 1 billion shares over the course of two years (2022 and 2023).
In this example, at the end of 2023 INTK would have 2.3 billion shares outstanding. With projected 2023 net income of $62 million, the earnings per share would be roughly $0.028.
Let's use the P/E ratio as a means of determining what the share price might be. A P/E ratio under 20 typically indicates a company is a buy. If we give INTK a P/E ratio of 15 that would give us a stock price of $0.42 per share ($0.42 divided by $0.028 = 15 (P/E)).
On the flip side, a share price of $0.42 would give INTK a market cap of $966 million, which is 7.7x 2024 projected revenue, which is on the high side.
Even so, at best we get to a share price of between $0.40 and $0.50 by the end of 2023, and if we want to be more conservative maybe we cut that in half to between $0.20 and $0.25.
So, would a reverse split be necessary to get to $4 per share? Absolutely. At $0.20 per share you'd be looking at a minimum of a 1 for 20 reverse split. At $0.25 per share you'd be looking at a minimum of a 1 for 16 reverse split.
Is there a ton of potential upside between now and whenever the company uplists to the NYSE? In my opinion yes. If the company hits its revenue projections, and if the company uplists to OTCQX by the end of 2022 (I know, those are big if's, but I'm an optimist) then we could see the share price appreciate considerably by the middle/end of 2023. There may be some bumps along the way, after all, we're talking about a company that typically has revenue of a few hundred thousand dollars per year jumping up to close to a hundred million a year, but I will gladly accumulate shares at these levels and worry about a reverse split/uplisting to NYSE in 12-18 months.
Prepare for liftoff.
Industrial Nanotech Inc
@indnanotech
·
1h
Reminder: Register for March 24th 2 p.m. EST webinar with INTK CEO & CFO. Meet new CFO, review earnings, status of major deals/initiatives. CEO will share earnings estimates/guidance & analysts' share price targets for Q2, Q3, & Q4, 2022. $INTK
Horntail I agree..
Tge shareholder dividends ,once delivered, will be a huge milestone towards shareholder belief system .