Replies to post #11690 on Industrial Nanotech Inc (INTK)

[boogaloo]

onewho, I'm not sure I see those things as good like you do. Smart, yes. Good, or having anything to do with shareholders... I don't see that.

The heck with the free 100M shares he got, right? He's got a 10% MONTHLY compounding interest note. That's a sweet deal IMO, and since he's in control of the company, he can dictate how it's paid back. One option is just dilute stock and pay it that way, no? Each Q filing can show a nice chunk towards notes payable reduction, if he wants to. It won't matter if sales increase exponentially, but if they continue to drag then that interest is also a drag.

The pinksheets are awesome. LOL

[trade2much]

one with him owning 100m shares and his wife owning a bunch it really comes down to him being able to hold the board meeting in the bathroom stall, or the kitchen table which ever he prefers not much else.
The company is stockholder run and he/ his wife have the shares, that is the way it always has been. Rather typical for a pinksheet and or many other very small corps.