you can only write off 3 grand a year, but more than likely there is a small naked short position here. http://shortvolume.com/chart_engine/draw_chart.php?Symbol=INTK&TimeRange=60& My guess top bidder is MMs and also on the offer. Retail sells them shares and they use them to push it lower. Shuffling the cards back and forth widdleing it down. No buying pressure due to lack of news and filings for past year, and no pumping on the main boards as well. I would like to average down so hope some more sellers give their shares over to market makers and they work it lower. If it was up to me i'd say clear off all bids and see how low these MMs will move it to trips, and then hit it with force when these RUMORED filings come out. All just my thoughts and opinion. happy holidays all. back to my cave
INDUSTRIAL NANOTECH, WHAT WE KNOW AT THIS TIME Last issued annual report indicates: Return on Assets -860.3% $1.90 lost for each $1 of sales $275 in the bank $1,590,000 negative equity no inventory of products, no factory, no goodwill At this time Industrial Nanotech no longer provides financials or even provides any plausible excuse why they no longer publish financials After more than 12 years the company's stock remains sub-penny Prior to Stuart Burchill starting Industrial Nanotech, he was involved in multiple trials and charged with various crimes, including grand theft. At the grand theft trail, the deposition of Rudi Dekkers, a convicted drug smuggler was presented by the government Florida company registration inactive Industrial Nanotech saddled with multiple Legal Judgments including Legal Judgments from the State of Florida F Rating at the Better Business Bureau Synavax trademark does not belong to Industrial Nanotech No physical company office presence, not even a desk and chairs http://dos.myflorida.com/sunbiz/search-results/?q=industrial+nanotech https://www.marketwatch.com/investing/stock/intk/profile