Message #42 From:
TheMachine Date: May 7, 2008 11:11:33 AM
Re: Industrial Nanotech, Inc. Announces Product Launch - Begins Production of Revolutionary Nansulate(R) EPX at New Manufacturing/Distribution Facility
I loved this part so much I had to read it again.
"“Subsequent
quality control analysis confirms that it meets our high standards and
we are now filling existing orders, beginning with the container
shipments of approximately 1800 gallons each to our distributors who
have pre-ordered the product. The retail price of this product is
$105.00 per gallon and it presents a great value added proposition for
our industrial and OEM clients with a fast cure time, revolutionary
thermal insulation performance, outstanding chemical resistance to both
base and acid chemicals... including 95% concentration sulfuric acid,
long-term protection against metal corrosion in marine and deep sea
environments, and exceptional fire retardant properties. The coating can
be applied from 1/8” thick to several inches
thick.”"
OK so that is 1800 times $105.00 per gallon. The first week, or so, of the first product run. Now from Yahoo finiance site
Income Statement
Revenue (ttm):
779.01K
Revenue Per Share (ttm):
0.005
Qtrly Revenue Growth (yoy):
219.10%
http://finance.yahoo.com/q/ks?s=INTK.PK
That is revenue (trailing twelve months) of $779.01K What was the total of the 1,800 X 105 = ............$189,000 (per ship. How many ships?) in weeks on a new product. If you go back a couple of post you'll find many clues as to the current revenue stream might be. This is a newest product. Read about the others!
Nansulate® EPX is the Company’s
newest addition to their line of nanotechnology-based coatings which has
a four year track record of providing energy and cost saving solutions
for industry and homeowners worldwide. Nansulate®
EPX combines superior thermal insulating ability with excellent
corrosion resistance, chemical resistance, and flame resistance, making
it a unique and powerful protective coating for a wide variety of
industrial and commercial plant, equipment, and building applications.
Literature and additional information about this product is currently in
production and will be made available on the Company’s
website during the month of May. Additional variations of Nansulate EPX
tailored to specific customers are currently in the final phases of
development and further information regarding these unique products will
be released in the near future.
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty
coatings containing a nanotechnology based material, and which are
well-documented to provide the combined performance qualities of thermal
insulation, corrosion prevention, resistance to mold growth, lead
encapsulation, chemical resistance and flame resistance in an
environmentally safe, water-based, coating formulation. The Nansulate(R)
Product Line includes both industrial and residential coatings.
What do you think? Has INTK turned the corner? Can the sales team increase their effectiveness? What is the hardest part of "what they do" now that they have core products? What questions do you have?
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