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Friday, January 12, 2024 12:19:12 AM
Accesswire, December 12, 2023:
NALPES, FL / ACCESSWIRE / December 12, 2023 / Industrial Nanotech Inc. (OTC PINK:INTK) today announced that Stuart Burchill, the group's founding Chairman and Chief Executive Officer has decided to step down from his roles effective December 12, 2023, for health reasons. Craig Fischer will take over effective immediately as CEO of the Company and its subsidiaries, Syneffex, TalkingPaint, and Anaconda Insulation. Mr. Fischer will be joined by Jaime (Jay) Cruz, the former President of the Company, as CTO and Director of Operations. Mr Burchill will assist the Company in a technical capacity as a Consultant.
The Company also announced that 29.5 billion shares of the former CEO's common stock is will be retired and returned to treasury.
In addition. The company announce that the previously announced 1/2000 reverse split will not be executed by the Company.
OH China...Who are you going to "assault" now!
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