Hybrid Coating Technologies Inc (fka HCTI)

[Full Contact Yoga]

It's unlikely they will file again, highly likely they will simply go silent. No need to BK, nothing to take, plus, any asset that might exist is pledged to existing debt, so actually less than nothing owned by the company. The licensing agreement has never actually been paid for, that can simply be pulled, licensed elsewhere and debt still owed. But, going dark pretty much stops the story in its tracks. Future RS would be difficult to gain approval IMO, they had a hard time with the last, but, should they become current and choose to RS, it would be at least 1 for 500 if not much higher. No reason not to, all insiders and corporate combined only own $9 worth of common shares.