Friday, September 06, 2019 3:02:22 PM
Industrial Nanotech, Inc.
+1 800-767-3998
intk financials june-30-2018
a) Internal R&D: Healthy House Paint
R&D for Healthy House Paint has been completed and Healthy House Paint has been launched as a standalone website and as a product line on the Synavax™ site. Brand awareness is occurring with publications in Architect magazine and over a dozen publication mentions such as product announcements, buyer’s guide recommendations in magazines and industry related magazine articles. We anticipate that our market share will continue to grow.
b) Prototype Prepared For Manufacturing
One new product is revolutionary, and a lab scale prototype has been presented to several Fortune 500 firms. There is significant demand. Management hopes to be able to bring this technology to the market within the next 36 months. In order to do this, revenues will need to increase to fund a production line in-house or to fit a toll manufacturing line. Engineering specifications have been procured and designed. Alternatively, subsequent rounds of funding may be considered to bring this high volume, high profit product line to market.
c) External R&D Projects Initiated By Other Corporations/ Universities
Our coatings are currently in R&D for OEM applications for several different companies in for solutions involving thermal, hydrophobic and ice phobic properties. Due to confidentiality agreements, no further information can be disclosed. Management did not solicit these trials and cannot make any assumptions about the probability of these OEM deals coming to fruition due to the many variables involved, including but not limited to product performance and the viability of manufacturing
http://www.ini-worldwide.com/mt-content/uploads/2018/09/intk-financials-and-notes-june-30-2018.pdf
Same CEO i think they just keep Synavax out of the public so their customers and staff do not get harassed by rashers. imo plus when you email INI synavax sometimes responds. iNi Company not good at public relations but undervalue with the products and marketing of synavax JMHO.
https://www.synavax.com/
http://healthyhousepaint.com/
http://www.ini-worldwide.com/news/
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