ITKG
I looked at this one and put it on a watchlist because I thought the technology looked nifty and thought the relationship with DuPont sort of validated the claims.
But while at a wedding a few weeks ago, I actually met a Dupont engineer that was familiar with the Dupont/ITKG collaboration. So I had to ask him if he had heard about ITKG. I couldn't remember the name of the company, but began explaining the concept to him....and he spouted out "Integral Technologies"....and I said that sounded right with the ticker ITKG. I was amazed he had even heard of ITKG, DuPont is HUGE, but the world is small. He didn't divulge any details or anything that could be considered "insider info."; but cautioned that DuPont has a lot of these LOIs that never lead to anything. He also made a general comment that sometimes these small companies are more eager to be able to use DuPonts name than to REALLY pursue any collaboration; but we all should realize this already. So essentially, he didn't discredit the technology, but just cautioned that the LOI with DuPont is nonbinding.
Now that I took a closer look at that PR, yes it's more obvious that this is a very vague collaboration. That doesn't mean I won't watch it to see how the situation develops; but I wouldn't consider it a good long-term play quite yet.
On the other hand, I really like BIPH because they are actually being paid by Boston Scientific for R&D, that's a bold statement to me.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854
AI
