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Boca Raton, FL, United States, 2010/07/17 - The StockWizards top 10 stocks for the week include GRNO, INTK, STHG, HFBG, CDCH, IMDS, MDMN, SNBP, CCTC, and KATX.
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INTK (OTC) Sector: Nanotechnology
INTK — Industrial Nanotech, Inc.
Industrial Nanotech, Inc. (INTK) develops, manufactures, and markets industrial grade insulation products using nanotechnology that can considerably reduce energy costs. The Company’s patented product line is called Nansulate® a liquid applied insulation and industrial grade rust proofing protective coating. The Nanulate® product line includes industrial, residential, agricultural and solar thermal insulation coatings. These specialty coatings contain a nanotechnology based material and provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, fire and chemical resistance and lead encapsulation in an environmentally safe, water-based, coating formulation. The Company’s products are sold worldwide. The stock is currently trading at .019 cents.
INTK recently announced that their Nansulate® thermal insulation and mold prevention coating was awarded the NOM certification and is now part of the Green Mortgage program by INFONAVIT, Mexico's state owned and largest mortgage provider. The NOM 018 ENER 1997, for which Nansulate® is now certified, is the Mexico Thermal Insulation Standard and is mandatory for all new construction. This is huge for the company going forward and places INTK in a class of their own.
INTK is under accumulation. Trading near its 52-week lows makes this stock very attractive for bottom fishing type traders. With a market cap of around 5 million, TSW feels there's plenty of upside for INTK. A weekly close above the 50-day moving average of .025 cents is an area of interest for momentum traders. There has been consistent volume on a daily basis, which is very attractive to traders. If you're a bottom feeder this is definitely one to put on your radar.
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TSW has been compensated one million (1,000,000) unrestricted shares of Industrial Nanotech, Inc (INTK) stock from a third party for advertising services.
Full Discloser, Disclaimers
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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