By Jocelyn Aspa
Nanotech Security (TSXV:NTS) has announced the early retirement of a $3 million secured note.
As quoted in the press release:
The note was previously issued to finance real estate assets acquired in the Fortress Optical Features Ltd. acquisition in September 2014. It bore a 4% annual interest rate and was due in
NAPLES, FL–(Marketwired – May 26, 2016) – Industrial Nanotech, Inc. (OTC PINK: INTK), a global leader in nanotechnology-based energy saving solutions, today announced that the Company’s patented clear energy saving and UV protectant roof coating, Crystal, has been specified for use on a large municipal project.
The counterfeit goods market is growing at an alarming pace, causing concern among companies and consumers. This has created a responding niche market of companies willing to combat counterfeit through tech.
Nanotech Security Corp.’s (TSXV:NTS) secure colour shift optical thin film (OTF) technology was used on the National Bank of Kazakhstan’s award winning 20,000 Tengebanknote.
Nanotech Security Corp. (TSXV:NTS) has signed its third development contract with a new G8 country to use Nanotech’s KolourOptik technology platform.
Nanotech Security Corp. (CVE:NTS) has granted options to purchase 364,000 shares.