Industrial Nanotech Inc (INTK)

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Stocks To Watch In 2022: Industrial Nanotech Inc.

As a nanotechnology global manufacturer and developer, Industrial Nanotech Inc. (OTC: INTK) produces products that are designed to save energy, protect assets, and reduce carbon footprints. Since its inception, the company has funded and participated in global research with leading laboratories in nanotechnology – allowing them to utilize this technology in creating efficient and innovative products. Today, these products are sold through a global network of distributors making INTK one of the stocks to watch in 2022. While it is currently trading at $.0138, INTK is once again on investors’ radar following management updates regarding the company’s future and new line of products.

Catalysts
Since its inception, the company’s innovative products have played a massive role in several lucrative industries including F&B Processing, Agriculture, Equipment Manufacturing and Pulp & Paper Mills. Additionally, in terms of its current customers, INTK is known for serving global prominent players such as Nestle, NASA, CATERPILLAR and Walmart. These solid relations have paved the way for INTK to position itself in the market for thermal insulation and asset protection coatings as well as capitalize on global consumers.

Currently, INTK operates two main subsidiaries as it works towards expanding further. Syneffex – which focuses on the production of thermal insulation and protective coatings – is the company’s main subsidiary and its most lucrative brand. With a solid line of products, Syneffex covers coatings for Building, Product Comparison and Industrial purposes. To support the growth of the Syneffex brand, INTK introduced TalkingPaint – a new smart coating product line that is expected to witness solid growth this year. With that in mind, investors are bullish on the company’s ability to secure profitable deals as it works towards expanding its product lines, brands and divisions.

On December 21st, upon becoming pink current, the company released a statement highlighting its growth plan heading into 2022. INTK expects sales of its EnergyProtect – a building coating from Syneffex’ product line – to reach up to $64 million by the end of Q4 2022. This is based on an estimated $19 million in sales from Italy distributors as well as $45 million from EU distributors. Additionally, INTK plans on potentially capturing 15% market share with the launch of its newest product – TalkingPaint. If successful, this new product line could generate total annual sales of almost $30 million – making INTK one of the best penny stocks to watch this week.

To deliver on these sales targets, the company has been expanding its operations and partnering with promising companies to increase its reach. Currently, INTK is in the process of establishing a manufacturing facility in South Carolina to develop its new self reporting insulation for pipes. To reach a wider audience, the company took to twitter to announce it has recently signed a multimillion dollar deal with a global marketing agency. This deal enables the marketing agency to control the company’s digital marketing initiatives and strengthen their social presence. Through this, INTK could be well-positioned to establish solid relationships, drive more sales and generate further growth.

** Update On January 26th

One month into 2022 and INTK is already delivering on its promises. The company kicked off January with a massive $865,480 purchase order from Nanotech Coatings Ltd. – INTK’s EU agent. This purchase order acts as a milestone in the company’s roadmap as it represents the beginning of the company’s sales to many lucrative EU countries. In light of this, Burchill is bullish that it could potentially generate $45 million in revenues annually by the end of 2022.

To facilitate further growth, the company is expanding its presence with an upcoming product line designed to create energy. Preparing for the release, INTK is in the process of filing for patents for an efficient and eco-friendly power source that combines thermoelectric generation with new nanotech materials. The company is bullish this new product line could generate significant return as the sales team reaches out to major industry players including Tesla.

In fact, the company has a history of developing relationships with major players of various industries. INTK already has another major purchase order lined up for Q1 and Q2 2022 from the world’s leading manufacturer of construction and mining equipment – Caterpillar Inc. Given Caterpillar’s popularity and presence in the market, INTK is bullish this partnership could open a plethora of opportunities for growth and could become a solid revenue stream in the near future.

Recently, INTK announced its intention to capitalize on the supertanker and container ship industry though a partnership with Insulo Corporation in South Korea. Given that Insolu is well-known for having prominent relationships with industry giants – Daewoo Shipbuilding and Hyundai and Samsung Heavy Industries – investors are bullish on this new venture. These initiatives have highlighted the company’s commitment to growth and are the reason why INTK could is one of the best stocks to watch this week.

Commenting on the company’s growth plans, CEO Stuart Burchill is bullish INTK will “continue the process of enhancing shareholder value by moving to more senior stock exchanges with more in-depth reporting requirements.” Burchill has assured investors that the company has no plans for a reverse split as long as it continues trading on OTCmarkets. However, if INTK’s plans to uplist to NASDAQ or NYSE by 2023 are successful, a possible capital structure division might take place under the advice of legal counsel and financial advisors.

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