Industrial Nanotech Inc (INTK)

[stockyupydowny]

Proper DD: tks Razor
Here is a post that I`ve saved that would be a decent sticky if needed: Credit to poster OCKHAM'S RAZOR.

Ongoing revenue streams should help the company and increase shareholder value

1. Global Deals possible with *Chevron (footnote below)
We have built a portfolio of very, very large customers who are in various stages of incorporating our products into their standard operating procedures. These are big, name brand companies that the stock market will both recognize and appreciate when we are in a position to announce them.
-INTK received the news that their EPX product, after a trial of 150 gallons on an offshore platform in Australia, is now specified for all similar applications in that region of the world for Chevron and is going through the approval process at Chevron in Houston to be specified globally.

2. Financials are coming - end of qtr:
We are working on our financials to post them current as of the end of this quarter, then begin spending the money and time again on enhancing shareholder value through press releases, etc.

Customers: who are buying product and are expected to buy in increasing amounts based on the information received include, but are not limited to;
1) McDonald's franchisees
2) Walmart on buildings for energy savings, UV resistance, "stay clean" benefits.
3) Georgia Pacific
4) 3M
5) Westrock for heat process equipment for energy saving and worker safety.
6) Chevron for petrochemical equipment
**Approval of Worldwide deal throughout allChevron Locations
globally -has been going through approval process
_______________________________________________________________

MESSAGE FROM CEO; THIS WEEK
I can completely understand why you and your friends would have serious concerns about our company, so let me share with you as much as I can without breaking SEC rules.

We are successfully executing a difficult turnaround.

Last year, I became aware that my operations team and finance team were not taking care of business as it should be taken care of. We had problems.

I dropped all R&D projects that I was working on, my primary area of responsibility since the inception of the company in 2004, and began focusing on the basics.

1) I unloaded non-performing and underperforming personnel, which also dramatically reduced overhead as they were expensive people and that also allowed me to reduce office space, health insurance costs, etc, etc.

2) I outsourced on an “as needed” basis our accounting and operations tasks. It took some time to find the right partners and even more time to sort through the problems and address them one by one.

3) I and the remaining members of my team worked, and continue to work, 16-18 hour days, seven days a week, solely and with single minded focus on revenue and nothing but revenue. Revenue fixes everything… the unhappy customers, the backorders, the vendors, the stock market.

4) We have built a steady source of day to day revenue from general one-off sales through our marketing strategies executed consistently and daily, weekly, monthly. We are diligently and responsibly, one by one, addressing each and every problem and making things right as fast as is humanly possible.

5) We have rebuilt our international distributor network, rebuilding tattered relationships and finding new, qualified, distributors who are producing results and the only results we care about are revenue.

6) We have built a portfolio of very, very large customers who are in various stages of incorporating our products into their standard operating procedures. These are big, name brand companies that the stock market will both recognize and appreciate when we are in a position to announce them.

7) We are working on our financials to post them current as of the end of this quarter, then begin spending the money and time again on enhancing shareholder value through press releases, etc.

It is not a complicated plan to execute and this path of turning a company around is a well documented process. It does, however, take a ton of time of time and effort. Fortunately, time and effort is something that I and the remaining members of my team are absolutely willing to give to this project in whatever amount is required to get this job done.

I hope this gives you some small level of reassurance that we are not blind to the problems we have had to deal with and that we have, and are executing, a simple and straightforward strategy to create the high level of success that these products and this company are capable of.

Respectfully submitted,

Stuart Burchill, CEO/CTO
Co-Founder
INI Worldwide
1415 Panther Lane, Suite 397
Naples, FL 34109 USA
[e-mail]
http://www.ini-worldwide.com
US & Canada: 1.800.767.3998
International: 1.239.963.1469

"We are the people who bring the best of science to the world's great companies.”