Industrial Nanotech (OTC: INTK), a global nanoscience solutions and research leader, has unveiled a finder’s fee program for its shareholders. The company has traditionally given shareholders a fee for referrals and leads that reflect new business opportunities; the program formalizes that long-standing policy. According to the announcement, shareholders will receive 5% a referred customer’s first purchase and 2.5% on subsequent purchases under the new program. The company also started its stock buyback program. This program enables the company to repurchase shares of its common stock, with the frequency and amount of stock buyback being determined by U.S. Securities and Exchange Commission (“SEC”) regulations and revenue. “We frequently receive leads and referrals from our loyal shareholders,” said Industrial Nanotech CEO Stuart Burchill in the press release. “We have always compensated them for their efforts on our behalf. The Finder’s Fee Program is designed to formalize this process and give recognition and appreciation to valued shareholders for their commitment to the company. At Industrial Nanotech, our goal is to provide an ongoing engagement model with our shareholders. The program gives shareholders an opportunity to get actively involved in the company and engage with management. . . As we move forward, we are raising our expectations for higher revenues and profits. Our purpose and strategy are clear. We are intensely forward focused on doubling our revenue in the second quarter of fiscal 2022 and repeating that pattern in Q3 and Q4 of 2022. 2022 is the year of turning revenue opportunities into revenues realized.”
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About Industrial Nanotech Inc.
Industrial Nanotech is a global nanoscience solution and product development leader. For more information about the company, visit www.Industrial-Nanotech.com.
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