Industrial Nanotech Inc - INTK STOCK NEWS

Industrial NanoTech (INTK) secures a $750,000 letter of intent for energy-saving projects in Poland and initiates a pilot project in Sulęczyno, showcasing commitment to sustainable development and innovative technologies.

Syneffex, a subsidiary of Industrial Nanotech Inc. (INTK), appoints Pawel Cyniak as President of Global Business Development and Wojciech Samilo as President of Global Strategy Partnerships. The strategic move aims to drive international growth and market engagement, with plans for expansion into key European markets.

Industrial Nanotech Inc. (INTK) files a patent application for a groundbreaking thermally insulating adhesive for automobile headliners. The invention, developed in partnership with a distributor, promises a 34% reduction in heat transfer, backed by extensive testing in certified laboratories. Stuart Burchill, the founder, showcases his innovative prowess, marking a significant milestone for the company.

Industrial Nanotech Inc. (OTC PINK:INTK) announced the resignation of Stuart Burchill as CEO due to health reasons. Craig Fischer will take over as CEO, and Jaime Cruz will join as CTO and Director of Operations. 29.5 billion shares of the former CEO's common stock will be retired. The previously announced reverse split will not be executed. Craig Fischer and Jaime Cruz bring extensive experience and expertise to the company.

Industrial Nanotech, Inc. (INTK) announces a breakthrough in EV battery safety with a groundbreaking material to prevent thermal runaway. The company also reveals an upcoming investor call to discuss global expansions, major projects, and future strategies. Key features of the new material include heat and flame resistance up to 454.4°C, conductivity options, and lightweight versatility. The investor call is scheduled for December 11, 2023, at 11 a.m. (EST), and registration is available at https://t.co/6mreZUjffm.

Industrial Nanotech, Inc. (INTK) has announced a strategic shift in communication, with CEO Stuart Burchill taking direct responsibility for shareholder interactions. Starting Nov. 10, 2022, Burchill will host weekly Q&A sessions via Zoom and publish regular updates on company initiatives. Key updates include a rescheduled trip to Dubai for business opportunities worth $22 million, updates on the SteelTile™ product, and ongoing legal matters regarding disinformation. The company anticipates its Q3 financial results by Nov. 15, projecting continued revenue growth.

Industrial Nanotech announced that Kevin Buchler, the Director for the UK and Europe, will speak at the EEMUA’s Storage Tanks Seminar on November 24, 2022, in Chester, UK. The seminar will address Storage Tank Insulation and tackle challenges related to tank storage degradation, inspection, maintenance, and the energy transition. EEMUA aims to enhance the safety and operational performance of industrial facilities globally.

Industrial Nanotech, Inc. (Pink Sheets: INTK) has announced the launch of SteelTile™, a new high-temperature thermal insulation product aimed at steel mill furnaces and energy-intensive industrial equipment. This innovation can save US Steel $1,722,220.81 annually for a single furnace, with a payback period of just 7.87 months. Given escalating energy costs, the product is expected to appeal broadly within the steel industry. The CEO expressed confidence in SteelTile™ significantly enhancing revenue and contributing to environmental goals.

Industrial Nanotech, Inc. (INTK) has announced significant developments in its corporate strategy, focusing on the Middle East. The company opened an office in Dubai in Q3 2022, resulting in multiple projects lined up, including an oil & gas project worth $22 million over 24 months for Kuwait Oil & Gas Company. Additional projects include residential villas in the UAE and a municipal project in Riyadh, Saudi Arabia. The company aims to attract Middle Eastern investors to enhance shareholder value and counter current US market weaknesses.