Industrial Nanotech, Inc. (Symbol: INTK), a Delaware corporation, is founded in 2004 by the founders: current CEO, Stuart Burchill, and President, Laurie Scherock, MBA.

It is important to remember that nanotechnology as an industry is only as good as its ability to assist other industries, and ultimately, consumers. It does not exist in a vacuum. Suppose the timber industry chopped down trees, processed wood, and then simply stockpiled the raw material. The timber industry is only as valuable as what it adds to consumers’ ability to build houses, make furniture, use paper products, etc. It is the same with nanotechnology.
So, Industrial Nanotech was formed with the goal to develop end-user products.

What is Nanotechnology?

Nanotechnology is the manipulation of cell and atomic structure in materials that are no larger than a billionth of a meter in size.

“Science and technology on the scale of a nanometer - one billionth of a meter - is revolutionary. Nanotechnology could change the way almost everything is designed and made, from automobile tires to vaccines to objects not yet imagined.”
The Company’s target market is industrial entities that require a coating that provides insulation without causing, and even preventing, Corrosion-under-Insulation. Industrial Nanotech’s initial focus has been on the following markets:

Large manufacturing, processing and utility companies - petroleum refineries, food processing plants, power plants, etc.;

Residential and commercial construction industries - air conditioning duct manufacturers, metal building component manufacturers, general contractors, etc.;

Ship building and maintenance industry - commercial fishing fleets, supertankers, etc.;

Military - tanks, ships, aircraft, etc; and

Central to the Company’s sales strategy is its growing global distribution network - which has now reached 18 distributors and an additional five in the final stages of coming aboard. Industrial Nanotech started accepting applications in April 2004 after defining a global strategy and lengthy process of designing a distributorship program that is congruent with expansion plans globally, and of primary importance, protects the Company’s proprietary information, products, and intellectual property. Individuals and companies expressing an interest in obtaining distribution rights are pre-qualified, and minimum inventory and sales quotas are required to maintain their exclusive, geographical distribution rights.

Above is their stock performance in the past 6 months.

If Nanotechnology, the manipulation of matter at the atomic level, at maturity achieves even a fraction of its promise, it will force the reassessment of global markets and economies and industries on a scale never experienced before in human history. Imagine the emergence of a nanochip that tomorrow would deliver over 50 gigahertz of speed with the processing power of ten supercomputers for the price of a quartz watch and smaller than a key chain. What might the economic impact on the computer industry be overnight?

Source: industrial-nanotech.com

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