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Thursday, July 19, 2012 10:41:18 AM
INTK is incapable of landing a major contract for its products for as a Building insulating product. It cannot represent or certify an R-Value which the Department of Energy and every Building Department in every municipality in US requires for a building permit.
For renovation or just insulating upgrades...the same...no R-Value.
Without this, it has only value as an industrial coating....Relatively low volume of sales compared to what the Iceman indicates or thought extrapolating sales and share price based on these "possible" sales discussions...which are really "impossible" sales.
It might have sales...but they will be limited and this company should probably operate as a "close corp" not public.IMHO
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