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Wednesday, November 25, 2020 12:26:09 PM
To invest wisely and avoid investment scams, research each investment opportunity thoroughly and ask questions. These simple steps can make the difference between profits and losses:
Find out whether the company has registered its securities with the SEC or your state's securities regulators. Industrial Nanotech abandonded their state corporate registrations
Make sure you understand the company's business and its products or services. The products such as paint that will protect you against flames from a blowtorch and Superhero Vision glass are beyond silly. According to the last available financials there are no products either in work or in inventory.
Read carefully the most recent reports the company has filed with the SEC and pay attention to the company's financial statements, particularly if they are not audited or not certified by an accountant. If the company does not file reports with the SEC, be sure to ask your broker for what's called the "Rule 15c2-11 file" on the company.
The OTC Markets have warned for more than one year that INTK is either unwillng or unable to provide financials. The last financials show a company with a negative value of more than one million dollars and an unexplained "unusual expense" of $119,800.00.
Check out the people running the company with your state securities regulator, and find out if they've ever made money for investors before(or lost more than 99.99% of value since inception). Also ask whether the people running the company have had run-ins with the regulators or other investors or the court system
https://www.sec.gov/spotlight/microcap-fraud.shtml
https://www.marketwatch.com/investing/stock/intk/financials?mod=mw_quote_tab
https://www.marketwatch.com/investing/stock/intk/financials/balance-sheet
https://florida.arrests.org/Arrests/Stuart_Burchill_8376721/
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