Kelowna, British Columbia -- EPOD Solar Inc. is to buy stock in Nanotech Industries International Inc. (NTII) in a reverse merger of the two companies.
San Francisco-based NTII makes Green Polyurethane Binder and Green Polyurethane Monolithic Floor Coating, The company says these green product lines are "environmentally friendly," and claims they eliminate toxic isocyanates from polyurethane, while increasing quality and at the same time being cost competitive.
This technology is focused on the polyurethane and floor coatings sectors, and NTII says it has a potential market of over $30 000 million.
NTII claims to be, "the only company in the world to date that offers true non-isocyanate based polyurethane products. "
A previously announced NTII stock purchase of 31 Jan 2010 was cancelled 16 Aug 2010.