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Industrial Nanotech Inc Announces Stock Dividend to Current Shareholders
Industrial Nanotech Inc Announces Stock Dividend to Current Shareholders.
About this update from Industrial Nanotech, Inc.
[{"type":"text","content":"\n\n\n\nIndustrial Nanotech Inc Announces Stock Dividend to Current Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nIndustrial Nanotech Inc Announces Stock Dividend to Current Shareholders\nPR Newswire\nBROOMFIELD, Colo., Jan. 6, 2022\n\n\n\nBROOMFIELD, Colo., Jan. 6, 2022 /PRNewswire/ -- Industrial Nanotech Inc, (Pink Sheets: INTK).  \n\n \n \n \n \n \n \n\n \nToday, Industrial Nanotech announced that it will be giving a common stock dividend to all current shareholders. The stock dividend will be an amount of shares equal to 6.7% of their existing holdings of the Company's common stock as of the close of OTC Markets yesterday, January 5, 2022. Fractional share amounts will be rounded up to the next integer (whole number). The stock dividend will be distributed in approximately 30 days, after the Company has completed the transition with their transfer agent from paper stock certificates to DWAC FAST and DRS and received approval from FINRA.\nStuart Burchill, CEO/CTO of Industrial Nanotech Inc. states, \"The Company is obviously experiencing explosive growth as a result of the years of long hours and hard work that our team and our allies and associates and advisors have put in since 2016. It is also obvious that we need to add resources to our team in order to fully capitalize on the announced opportunities, as well as additional deals we will be announcing in the next few months and upcoming quarters.\"\nMr. Burchill continues, \"Equally as important, we are distinctly aware that our approximately 3000 active and loyal shareholders stayed with us during the deal building period from 2016 to date and we appreciate that level of commitment to the Company. This granting of additional shares to existing shareholders is designed to minimize the impact to their current stock position and reward our high valued existing shareholders for their loyalty as we raise the funds needed to quickly recruit and add multiple highly qualified and very experienced experts to our roster, especially our logistics and operations team and accounting team. We need to ex...