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No, it doesn't suck at all. I'm a scientist. I'm wrong multiple times a day. You learn much more from being wrong than being right if you're willing to admit it and strive to be better. I told you and others some time ago that I could very well be wrong and if I was that I would admit it. I don't ignore my mistakes or try to pretend that I didn't make them.
I bought first thing this morning. You'll notice I was the first one to post the news to the board. I caught it before anyone else. I've made back a lot of what I lost previously, but I'm still not even yet.
My hope is that this is the turning point for the company that we all hoped for nearly a year ago. If they go back to the old pump and dilute, then not much will have changed. Again, time will tell. GLTY
The reason it isn't disputed is the wording. It's not the only non-iso polyurethane, but that's not what they claim. They say only "hybrid" non-iso. How do you define hybrid? Since the company is the one that is defining it, that can be very specific to their process. If so, if course it's the only one. This is a word game. Nothing more.
Yes, but today they actually named the company they are working with. Rather than a dangling carrot, there is finally some more substance and credibility.
Maybe this is the turn around everyone was hoping for. Good luck to everyone. I'm watching from the sidelines.
SAN FRANCISCO, Aug. 25, 2016 (GLOBE NEWSWIRE) -- Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that after several years of development, Comex a division of PPG Industries Inc. (see About PPG below) has created a new coatings product utilizing Hybrid’s zero isocyanate Polyurethane technology. The product was recently launched in the Mexican market and is now sold in PPG-Comex stores in Mexico. PPG-Comex developed and launched the product in an effort to bring more environmentally friendly green products to customers without compromising on performance. The coating product has been reported to work exceptionally well and was found to perform better than competitor’s products on both durability and coating properties. “We are very excited to be working in partnership with PPG-Comex the world’s largest industrial coatings company,” said Joseph Kristul President and CEO, “this is yet another example of the commercial value of Hybrid’s unique technology.”
Later this year, PPG-Comex will also be launching a second coating product based on Hybrid’s zero isocyanate Polyurethane technology.
This product launch demonstrates the strong desire and ability for companies to develop their own products using Hybrid’s zero isocyanate Green Polyurethane™ Hardener as a raw material. It also demonstrates a strong market demand for Green Polyurethane™ by some of the largest coatings companies in the world. Hybrid’s end goal is for numerous companies to develop multiple products based on Hybrid’s zero isocyanate Green Polyurethane™ Hardener as legislation for isocyanates eventually becomes more restrictive, thereby allowing Hybrid to deeply and broadly penetrate the coatings market not only as a finished goods supplier, but also as a raw materials supplier. Hybrid is and continues to be the only supplier in the world of zero isocyanate polyurethane hardener and zero isocyanate polyurethane based finished goods.
This press release was first issued on May 5, 2016
Hybrid’s patented technology is the only formulation in the world today that produces polyurethane without the use of any isocyanates in the entire production process.
Did you see that? Someone bought in at 0.07 and they're already down roughly 30%. Guess it's better to know what you own on the first day rather than wait months. Welcome to the HCTI family.
You're right. A $7 paint job has turned into someone clearing out 0.07 and putting 0.10 on the board. It's unfortunate that the bid side is still at 0.046 making an exit difficult. Either way, this is unexpected to me. I hope management drops something of substance to sustain this for you. GL.
Clear your cache and try again.
Yes, hybrid's website is down.
Also, enjoy that 100 share, $7 paint job. Much like the $1 paint job after the split, it won't last.
How does that saying go, if you wanna be dumb, you better be tough. I think that is fitting here. You just keep striving to be a "strong hand" rather than a smart investor.
You also conveniently skipped over your predictions for what was coming after the split and this round of financials. That's ok, just keep telling yourself and all of those that want to keep the rose colored glasses on, that the next Q will be the one and that you knew it all along.
Because people are down various amounts before the split and over 75% since the split. When you watched thousands turn into hundreds, what's the point of jumping ship now??
Here's a few of your past posts.
No, the rational criticism was met with the type of garbage I just typed out. Go back and look at the multiple times others have brought up IF's market cap as though that somehow shows HCTI is undervalued. Go back and look where people called me a basher when I showed that there were alternatives from the big companies. Fast forward a few months and suddenly this must be our tech in their formulation. We MUST be partners. Look at this random link COULD THIS BE OUR SECRET CONSULTANT?!!??
Just look at all the posts that proclaimed this would be the quarter to show all the doubters. Now, we already have people saying they expected this and it's next quarter that matters.
You want me to be reasonable, fine. Make sure the next ridiculous post claiming a partner or that the market cap should EASILY be $20 million is met with your same condescension and ridicule.
This has lost what percentage of value over the last year? Already more than 75% down since the split. Currently at a 52 week low of 0.00023 pre split. But yeah, I'm ridiculous and not this company.
Yeah, but, but....
$4 million dollar deal
$20 million dollar deal
every F500 company is beating down our doors
industry shattering tech
we're partnered with a $100 million dollar company (they aren't giving us any of that, but hey we're partners)
we left samples in the lobby of Dow....we're partners now
we bought a can of sherwin williams paint in home depot and huffed the fumes, that means two more partners
but, but....the EPA
Long an Strong....just wait until the next Q. I'm super man bear pig serious this time.
And so it goes. More blind support from the cheerleaders.
I don't doubt that you spoke to someone, but I doubt you spoke to Terry Byrne.
Here is some light reading for anyone interested.
Graham Larmer Search
Larmco Enterprises
Graham Larmer on Bloomberg
The venture capital firm that Larmer claims to be a part of
Now you may ask why I linked all of this information. Here is the registration for the gdar website. Kogan and Byrne seem to both be profiles that these guys simply pulled off the internet. I think if you want answers, you should be asking Graham Larmer to give them to you.
gdarinc.com registration information:
Domain Name: GDARINC.COM
Registry Domain ID: 1629215671_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2015-12-08T08:33:15Z
Creation Date: 2010-12-07T20:11:18Z
Registrar Registration Expiration Date: 2016-12-07T20:11:18Z
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.4806242505
Domain Status: clientTransferProhibited http://www.icann.org/epp#clientTransferProhibited
Domain Status: clientUpdateProhibited http://www.icann.org/epp#clientUpdateProhibited
Domain Status: clientRenewProhibited http://www.icann.org/epp#clientRenewProhibited
Domain Status: clientDeleteProhibited http://www.icann.org/epp#clientDeleteProhibited
Registry Registrant ID:
Registrant Name: Graham Larmer
Registrant Organization: New Horizons Capital Ventures, LLC
Registrant Street: 166 Thornton Drive
Registrant City: Palm Beach Gardens
Registrant State/Province: Florida
Registrant Postal Code: 33418
Registrant Country: US
Registrant Phone: +1.5613852657
Registrant Phone Ext:
Registrant Fax: +1.5613852657
Registrant Fax Ext:
Registrant Email: glarmer@aol.com
Byrne wasn't a real figure either. People claimed to speak with him daily, but I could never get a working phone number. Also, the pr guy listed on the website has never worked for gdar. Do a whois search on the website and you can start to see who is really behind all of this. When I posted this info some time ago, I got restricted to a post a day on this board and was told I was a rookie who didn't understand how stocks worked.
I think this will be my last post on the board unless this makes you a millionaire. I'll come back and admit I was wrong. I look forward to that day.
I'll leave saying this. Take the good with the bad. View this through a lens of realistic expectations and hope that the good will outweigh the bad. The is a lot going for and against this company.
Good luck. If you have any chemistry questions shoot me a pm and I'm happy to talk.
Right here:
I personally expect at least a doubling of the current O/S to 16 million.
I suppose you said at least.
The 10Q stated estimated operating expenses of $600k for the remainder of 2016.
Can anyone provide concrete evidence that this cannot be covered by incoming revenue?
Yes, the company told you that they won't have this revenue anytime in the near future in the annual report.
Please go back and read the annual report where the company says:
The Company has no history of significant profit and no assured foreseeable earnings.
The Company has no history of significant profit. The Company expects to continue to incur losses in the very near future, and there can be no assurance that it will ever be profitable as it expects operating expenses to increase as its client base and distribution channels are expanded. The Company’s ability to reach and sustain profitability depends on a number of factors including, but not limited to, the availability of financing and the continued availability of third party manufacturers.
I read it, did you?
You say that the only dilution you expect are from the already announced purchase warrants.
If that's all you expect, then I don't think you've been paying attention.
How does HCTI pay down debt, pay the license fees currently owed, pay for day to day operating costs, etc...?
They will dilute. This has nothing to do with warrants or NTI. This is just to stay afloat.
I'm sure you'll tell everyone here that they have no idea what they're talking about and there is no dilution all the way along though.
Tell you what. After the shares become available to trade for a single session, we'll talk about the close price.
See, that's the thing on this board. I said they don't have the money to pay the licence fee and will probably dilute. That's the closest thing to an opinion that I said.
Absolutely everything else was fact as stated by the company. There was no opinion except the one of the company.
Yet somehow after the company themselves tell you how far in debt they are, and how they will need to dilute significantly for a number of reasons, change the terms of the RS so that they have over a billion shares available to dilute now, you somehow still believe that everything is awesome for the common stock shareholder.
The management will be fine. They even put the disclaimer in that they may not act in the best interest of hcti because of their stakes in NTI.
But now I'll give you an opinion: management will continue as they have for the past year nearly. They will string you along and dilute you to oblivion. Afterwards, you'll figure it out and then you'll be upset and calling this a scam pink sheets stock.
Since you mentioned the annual report, I decided to take a look. The licence requires a 2 million dollar fee. With no significant revenue, the only way I see that being paid on time is through dilution. Then I read some more. Did my "own dd" the company tells you over and again that they can't wait to reissue their freshly printed billion shares. All of the following was copied directly from the annual report.
On March 31, 2014, the Company and NTI entered into a fifth licensing agreement agreeing to modify the definition of Licensor Products to include synthetic leather, sealants and adhesives (“Added Applications”). In consideration for the Added Applications, the Company shall pay the Licensor an amount equal to US $2,000,000, to be paid within 36 (thirty-six) months of the execution of this Fifth Amendment Agreement. Should the Company not pay the Consideration within the deadline, the Company shall lose all rights to the Added Applications, and the Added Applications shall be removed from the Licensor Product definition.
The intellectual property used by the Company has limited protection.
The Company has incurred net losses of approximately $29,354,000 since inception, and has a working capital deficit of $6,462,971 as of December 31, 2015. These conditions raise substantial doubt about the Company’s ability to continue as a going concern
there can be no assurance that it will ever be profitable as it expects operating expenses to increase as its client base and distribution channels are expanded
The Company is delinquent in its payroll tax remittances
The Company may conduct further offerings in the future, in which case your shareholdings will be diluted.
The Company may exercise its American-European Option and additionally it’s Asia Option in the Licensing Agreement which will result in your shareholdings being significantly diluted.
For now, I stand corrected.
As I said before, we haven't seen the license and there could still be welcomed surprises or disappointments.
So you're certain that the licence that hcti holds covers this new patent?
Have you seen the license agreement?
Do you understand the chemistry described here compared to previous patents and products?
The answer to all of these questions is likely no. This is more speculation. Unfortunately, many members here present it as fact.
It should not be hard to understand that the privately held company can continue operations with other partners and deals that don't include hcti. It's actually in management's best interest to do so.
Fair enough.
However, that changes nothing with the patent that was linked to earlier. It is associated with the privately held Nanotech and there is nothing to suggest the involvement of hcti.
You continue to show your true character. You have nothing of substance to say, so you resort to personal attacks. Save the insults and stick to the facts.
Hcti released a PR that stated they would co-own any patents with their partners.
This patent names a privately owned company, not hcti of its dba Nanotech Industries International.
Can you prove that this is the tech that hcti has licensed?
To me it looks like the privately held Nanotech Industries Inc. is in for a payday. Too bad you don't own shares in that.
To me it looks like Nanotech Industries Inc co-owns this patent and not Nanotech Industries International (dba HCTI).
So, unless you have more information that shows a deal that HCTI or Nanotech Industries International has with this company, it seems irrelevant.
Nanotech Industries Inc is a privately held company.
A startup isn't successful until it is. There you go. I couldn't have said it better myself. And by that measure, this company is no good.
So now that you admit there is a past here, you want to talk about startups. Ok, great. 90% failure rate for startups, and that's a conservative number.
Go back to summer of last year when everyone was saying, mark this, see me in a month. Notice how every month it's, see me next month.
I'll mark this and in month we'll see. We'll also see if you have any character and can say you messed up, or if you'll revert to the whole see me in another month. The deal is just around the corner.
Ok, so no past...only forward looking. Then you have absolutely nothing to base your decisions on other than emotion.
You can no longer use PAST PRs as support. You can no longer use PAST meetings. You can no longer use PAST deals. You can no longer use PAST trade show appearances. You can no longer use PAST awards. You can no longer use the PAST.
What exactly does this company have in the future? Make sure you tell us without bringing up anything they've done in the PAST.
Do you see how ridiculous that is???? The only reason you have a problem with the past is because of how terrible this company has been managed in the past. All of the PAST "accomplishments" are fine to talk about though, right?
Anyone who says f500 is real after it has been dangled for years (not year, years) doesn't have a leg to stand on.
Maybe you should look at the behavior of the company over the past year.
They have now reset the count on the shares and you think suddenly the way they run the company changes???
I guess we'll see how much dilution comes over the next couple of months. All the while your pumpers will tell you what a rookie or terrible trader you are because there is no way they would dilute this because of all the revenue you're going to see.
Full blown revenue generating????
What company are you invested in? It can't be here with the previous financials.
You know what makes today different than yesterday? Once this is available for trading there are 1 billion shares available for dilution.
That's the difference.
If they have the game changing tech everyone her claims, why would they need to resort to such pump and dump tactics?
The authorized shares are staying at 1.6 billion.
A) Fine, I'll answer your question exactly. Yes there is a difference between a gradual decline and a sharp rise in pps. However, there was a sharp decline from 12 to 6 in a matter of a week. So, now a question for you: Is there a difference between a stock doubling in a couple of sessions and a stock losing half of it's value and then regaining it?
B) Here is his quote:
Last I checked, this has rallied from .0006 only days ago. Up 100% to .0012, and now hanging steady @.0011 for an 83% gain.
I would hardly call this a rally. A correction maybe. Not a rally. This stock hasn't suddenly jumped up 83% and held. It declined drastically, corrected itself and stabilized.
This was at 12 before dropping to 6. We are currently at 9. If we look at 6, sure you're up 50%. If you look at the 12 a couple of days before you're down 25%. See how someone can cherry pick a price point and manipulate the numbers? Again, the 200 day trend will tell you volumes more that a week of trading. Also, keep in mind that it was low volume and there was nothing behind the move.
What was the price two days before it was at 6? There was low volume and movement. That's all. The gradual downtrend tells you more than 3 days out of 6 months ever will.