Abakan Inc (PINK:ABKI)

Abakan Inc. (ABKI) is the parent company of MesoCoat Inc, and invests in additional companies that have developed transformational technologies on the cusp of commercialization. Abakan is the largest shareholder in MesoCoat Inc, and has a significant position in Powdermet Inc., each of which is a nanotechnology material science company involved in technology development and commercialization. MesoCoat is focused on metal asset protection and life extension by providing advanced wear and corrosion solutions, while Powdermet is focused on metal formulations as well as advanced energy management solutions. MesoCoat was recently recognized by Forbes as one of 'The Most Promising American Companies' and was the highest ranked material science and nanotechnology company. MesoCoat's technologies have been recipient of four prestigious R&D 100 awards, a Technology Innovation Program Award (TIP) for 100 year life coatings by the National Institute of Standards and Technology (NIST), two NorTech Innovation Awards for breakthrough materials and surface engineering solutions, and several other federal and state grants and awards. Powdermet is a nationally recognized nanotechnology and advanced materials research and development organization that has won approximately 100 federal and state awards, along with several technology innovation awards like R&D 100 and the NorTech Innovation Award.