|By Business Wire||
|February 27, 2014 08:01 AM EST||
Industrial Nanotech, Inc. (OTC-PINK: INTK), an emerging global leader in nanotechnology based energy saving solutions, today announced that it has completed the onsite visit portion of the audit by the accounting firm of Hartley Moore Accountancy Corporation, a PCAOB registered firm, the Company’s auditor of record for upcoming filings with the Securities and Exchange Commission.
Industrial Nanotech, Inc. CEO Stuart Burchill stated, “We have been going through the audit process for several months and recently completed the onsite portion of the audit. Two accountants from Moore Accountancy Corporation spent four days at our offices on the 10th through the 14th of this month. We have been told that the audit will now be completed relatively soon. Based on current developments in the Company’s general business progress, upcoming new product launches for the residential building industry, and developments in our relationship with the US oil and gas industry, it is evident that this year is the appropriate time to complete the process of becoming an SEC exchange act fully reporting Company and to list on a more senior and prestigious stock exchange in late 2014. Our securities attorneys at the law firm of Sichenzia Ross Friedman Ference LLP in New York concur and will be handling all necessary filings.”
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide, including Nansulate(R) thermal insulation and asset protection coatings, which provide energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, chemical resistance, and other protective benefits. The coatings are low VOC, water-based, and sustainable. You can learn more about Nansulate coatings for industry at www.nansulate.com/industry.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.