Industrial Nanotech Inc. (OTCMKTS: INTK) is making a powerful run up the charts in recent months surpassing $0.03 per share on $1.4 million in dollar volume on Wednesday. Over the past few months, the stock has skyrocketed out of the subs and well into copper land as the Company inks one stellar deal after the other. We previously reported on the Company’s ambitious upcoming sales plans as it launches its new product, TalkingPaint, its new smart coating product line. Industrial Nanotech is also launching EnergyProtect to Italy under the Superbonus 110 program and EnergyProtect for the EU under the European Union sponsored Energy Performance of Buildings Directive all in Q1 2023. Revenues are forecasted in the 10s of millions for all three initiatives. INTK clients include Koch, Caterpillar, Truck Hero, GRH, Citgo, Royal Caribbean International, Nasa, Walmart and Yamaha to name a few.
More recently INTK received the first Purchase Order from Nanotech Coatings Ltd., the Company’s agent in the EU, in the amount of $865,480 US. INTK also reached an agreement with a railroad tank car owner to provide thermal insulation for the tank cars they own and operate. The initial focus will be on 9300 cars with revenue to the Company per tank car of approximately $35,000 US. To handle the anticipated large inquiry of demand, Industrial Nanotech is looking to hire three additional sales representatives by the end of Q2. Previously management has made clear the Company is looking to up list from “pink current” to fully reporting OTCQB. The Company has little debt on the books and management continues to affirm there will be no reverse split. INTK is currently under heavy accumulation and just surpassed recent 52-week highs putting the stock on a blue-sky breakout with plenty of liquidity, significant catalysts in play and a fast-growing shareholder base of at least 3,000 and growing bidding the stock higher.
Industrial Nanotech Inc. (OTCMKTS: INTK) funds & participates in research with the world’s brightest scientists and leading laboratories. The Company produces materials that work for you… increasing productivity and efficiency. It’s not just talk and it’s not just theory… it’s amazing technologies. Industrial Nanotech, Inc. was incorporated in 2004 and specializes in developing sustainable nanotechnology-based solutions that are easy-to-use and designed to save energy, protect assets, and reduce carbon footprints. INTK technologies help the world save energy, protect assets, and live and work more sustainably. The Company’s products are sold through a global network of distributors.
INTK develops, manufactures, and markets industrial grade insulation products utilizing nanotechnology in the United States and internationally. Its products include Nansulate Translucent PT and Nansulate Translucent High Heat, which are protective thermal insulation and corrosion prevention coatings; EPX4 for total asset protection; Nansulate Translucent GP Â NSF, an insulation and mold resistant coating for food sensitive environments; Home Protect ClearCoat, a protective insulation and mold prevention coating; Nansulate Energy Protect, an industrial and commercial insulation and protective coating; Nansulate Crystal Roof Coating for clear energy saving and mold resistant protection; Intelligent Shield, which offers cool color choices for exterior painting projects; Nansulate LDX Clear Lead Encapsulation Coating for lead abatement; NANOBOOST , an automotive coating; Bee Protect that is formulated to protect bees in their hives; and Nansulate Insulation for solar panels, solar water heaters, and solar thermal equipment. INTK expects sales of its new product, TalkingPaint, its new smart coating product line, to begin by the end of Q1 2023 at which point the Company plans to establish a manufacturing facility in South Carolina for its new self-reporting insulation for pipes. According to INTK website the Company’s customers include or have included Walmart, Nestle, Caterpillar, Royal Caribbean, Yamaha, Conagra, Citgo and Nasa to name a few.
I sold rail cars of base oil and finished products for years. Every gallon you can squeeze on there makes a difference.
If $INTK can deliver, this will be massive. pic.twitter.com/hnlVFaG7y3
— Not Howie (@HowieLongggg) February 15, 2023
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In January the Company announced that it has received the first Purchase Order from Nanotech Coatings Ltd., the Company’s agent in the EU, in the amount of $865,480 US. This represents the beginning of the Company’s sales to EU countries, all of which are working to meet the European Commission “Smart Finance for Smart Buildings” Initiative.
Stuart Burchill, CEO/CTO of Industrial Nanotech Inc. explains, “We have been working for most of 2023 to provide the certifications and independent third-party testing data required to be part of the EU program. Having successfully completed that process, it has been determined that our patented products are uniquely suited for this market. We are excited to see the first order come in and look forward to building this revenue stream to its potential of $45 million US annually by the end of 2023.”
Earlier this week INTK reported it has reached an agreement with a railroad tank car owner to provide thermal insulation for the tank cars they own and operate. They will also be the exclusive distributor to the railroad tank car industry globally. Additional details on the new partner will be disclosed in an upcoming joint press release. The initial focus will be on 9300 cars. There are approximately 500,000 tank cars in the US. The revenue to the Company per tank car is approximately $35,000 US. To handle the anticipated large inquiry of demand, Industrial Nanotech is looking to hire three additional sales representatives by the end of Q2.
Stuart Burchill, CEO/CTO of Industrial Nanotech Inc said: “This is a market we are uniquely qualified to benefit. Railroad tank cars are limited by the Department of Transportation with regard to weight, length, width, and height. By replacing the existing insulation with a thinner and lighter insulation, we increase the volume and weight available for product carried per tank car, with no increase in cost per mile of transport distance. For this industry, our product will pay for itself in weeks.”
$INTK– accumulation at its highest historical point, very sharp turn in MACD and what I believe is 10x the average daily volume.….. all with multiple PR’s pending. Engaged management, liquidity and revenues. This is what i look for in an OTC. pic.twitter.com/x0QDLXeYWM
— ScalpIt (@nxtplse) February 15, 2023
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INTK is making a powerful run up the charts in recent months surpassing $0.03 per share on $1.4 million in dollar volume on Wednesday. Over the past few months, the stock has skyrocketed out of the subs and well into copper land as the Company inks one stellar deal after the other. We previously reported on the Company’s ambitious upcoming sales plans as it launches its new product, TalkingPaint, its new smart coating product line. Industrial Nanotech is also launching EnergyProtect to Italy under the Superbonus 110 program and EnergyProtect for the EU under the European Union sponsored Energy Performance of Buildings Directive all in Q1 2023. Revenues are forecasted in the 10s of millions for all three initiatives. INTK clients include Koch, Caterpillar, Truck Hero, GRH, Citgo, Royal Caribbean International, Nasa, Walmart and Yamaha to name a few. More recently INTK received the first Purchase Order from Nanotech Coatings Ltd., the Company’s agent in the EU, in the amount of $865,480 US. INTK also reached an agreement with a railroad tank car owner to provide thermal insulation for the tank cars they own and operate. The initial focus will be on 9300 cars with revenue to the Company per tank car of approximately $35,000 US. To handle the anticipated large inquiry of demand, Industrial Nanotech is looking to hire three additional sales representatives by the end of Q2. Previously management has made clear the Company is looking to up list from “pink current” to fully reporting OTCQB. The Company has little debt on the books and management continues to affirm there will be no reverse split. INTK is currently under heavy accumulation and just surpassed recent 52-week highs putting the stock on a blue-sky breakout with plenty of liquidity, significant catalysts in play and a fast-growing shareholder base of at least 3,000 and growing bidding the stock higher. Microcapdaily first reported on INTK on December 27 as the stock passed the $0.01 mark. We will be updating on INTK so make sure you Subscribe to Microcapdaily so you know what’s going on with INTK.
Disclosure: we hold no position in INTK either long or short and we have not been compensated for this article.