Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
They had revenue in the 4th Q.
Audited vs unaudited
So much wasn't calculated in the audited 10-k for reasons unknown to us that the year end revenue was less than the first 9 months listed on the unaudited Q's.
It did not mean 4th Q revenues were non-existent.
I was just freaking out thinking it spiked too. Bummer lol
DART is a note secured by SFOR's patents as collateral...the terms state SFOR cannot dilute without their express permission.
The only dilution that has occurred here as of recently was some preferred shares being converted but there were very few left to convert, if they did.
Regardless, it's easy enough to verify any dilution. The TA is ungagged, but you must cc the CEO when you email the TA in order to obtain a response.
I believe if the deadline falls on a weekend or holiday, it's due the next business day.
It's been like that for many weeks now...not sure why. I thought it was a glitch. I think the official Pacer.gov site displays them properly but Pacer Monitor only shows the most recent couple of updates.
He was speculating just as the rest of us have been. His post was merely a speculative opinion with supporting evidence and presented as nothing more than that.
Maybe if the company didn't keep us in the dark for months, we wouldn't have to resort to speculation.
Sent you the link via PM
Yep, I saw that too
It depends...if most of those shares are contractually locked up as claimed to be, this could be a really nice runner.
The last time I said that, I got to enjoy the look of a big fat ZERO (or rather a hyphen) where the revenue numbers were supposed to be listed.
I still have my reservations but I'm also riding free shares still so I'll let this play out and hope for the best.
I will admit that I had begun to think this was an elaborate scam and it's beginning to pan out as at least being somewhat legit.
Considering they won a slander case against a certain website, I would say they must not be THAT bad. If they were, I would think they would have had the case thrown out.
After some FB stalking, I'm betting this is her
They've already voted and approved 25 Billion with the company...but have been incrementally increasing it with Nevada SOS.
Thanks...good to see the shorter term RSI is at or near oversold. In that post I made, the OP was claiming oversold while linking to a detailed explanation of the RSI indicator and a chart displaying an RSI of 38.xx.
I'm invested here and not trying to be a Negative Nancy, but generally when you want to prove something, you want your proof to validate your claims. lol
I'm not disagreeing that this will go back up buuuut 38 > 30 (oversold)...
Gee...never saw that one coming...
They released a typical fluff PR and then dumped more shares on the news.
They've become extremely predictable as of lately.
I think it was recently increased to 22.5 Billion but don't quote me on that.
Typical fluff HCTI PR
"SAN FRANCISCO, April 27, 2017 (GLOBE NEWSWIRE) -- Hybrid Coating Technologies Inc. (OTC Pink:HCTI) is pleased to announce that it is working with a major Asian company with over $800M in annual revenue towards a potential distribution and joint development agreement. Hybrid’s Asian partner is finalizing testing on the company’s zero isocyanate hybrid polyurethane hardener. Upon successful completion of the test, the partner will look to distribute Hybrid’s hardener through its vast distribution network in Asia and to develop additional products based on Hybrid’s proprietary zero isocyanate hybrid polyurethane technology. “We are very pleased to be working with this large partner for the potential distribution of our hardener in Asia,” said Joseph Kristul, President and CEO. “As more partners come onboard to distribute and use our proprietary zero isocyanate hybrid polyurethane hardener as a key raw material in their own products, it validates the company’s strategy to help manufacturer’s improve the performance of their products without using isocyanates.”
Hybrid is working with several manufacturers and distributors in North America, Europe and Asia as it continues to add on more partners and increase its global distribution network in order to increase market penetration of its technology."
I think their last Q report had a blurb suggesting that things with IF weren't quite panning out.
I'll have to look for it when I get off work
So did he make any comment on why financials are delinquent?
If you have a cash account, your shares are locked up automatically. Brokers cannot legally allow shorting of shares in cash accounts.
It's a myth that you can lock up shares with a high sell order BUT you can request a Loan Exempt Restriction form from your broker which when filed prevents your shares in a margin account from being shorted. A GTC sell order alone will not lock them up.
Tossed another $2100 in here today...let's go!
Are they legally allowed to dilute when the company is delinquent? I thought I read somewhere that a company can't convert additional notes until they become current.
Back in today...nice reversal
I bought at $.0001, sold half when it popped to $.0003ish and am riding free shares hoping this pans out like we've been lead to believe. It's a huge gamble...but either we'll lose everything invested, lose free shares, or gain a killing.
Those odds of making huge $$$ could be worse. lol
We want to let everyone know that we have no plans for a reverse split at this time, as we believe our future plans will support the current number of outstanding shares especially if we are successful at reducing them in the coming months.
Nope, the posts are still there but they are automatically unstuck when the mods who stickied them were removed.
Just gotta make sure we repost the good DD frequently so it doesn't get buried!
(No more than 3x per 24 hour period per user though or you're violating the TOS!)
Sounds like they replaced inactive mods...each mod is allowed one sticky post. When they are removed, the sticky post is automatically "unstuck".
Hopefully the new mod(s) will choose good stickies.
Eventually the SEC can deregister them...at which point all money invested goes bye bye.
That typically takes a while though. I think they can switch to an alternative reporting company but not sure how that all works.
After all the dilution since the RS, I don't see them going under...delisting perhaps, but I would think that would get them placed under a magnifying glass by the regulatory agencies.
I do still think Travis may be onto something with them diluting themselves out of majority voting rights, creating a hostile takeover.
My worry there is if the new majority shareholder wants to clean up the share structure.
That's what I did... something just isn't right. Don't get me wrong, I like to gamble but this is turning more into Russian Roulette and the longer it sits here, the more bullets get placed in the gun.
"You are the company you keep."
Call it a hunch, but something tells me all these F500 companies they are working with are reconsidering their deals. Any partnership with a public company that has a warning issued to investors for delinquency is a serious red flag to shareholders and they may quickly decide to cut all ties and consider a new plan toward going green. Just my opinion...
I may regret it, but thus far every stock I've ever invested in that had a stop sign put up cost me all or most of my investment.
With the OS so high here, my biggest worry is that either they took the money and ran or if we were lucky enough to get a hostile takeover, the new management will say, "The OS is insane. Let's clean this share structure up!" ...and then turn to toxic financing...again.
Good luck...no bid
Nope, CEO has repeatedly stated no reverse split is coming nor is one anticipated in the foreseeable future.
Statistically speaking, all gaps get filled. There's no guarantee of course, but the odds say they will.
I decided to weigh my options here and got out today...my heart says just risk it, you pansy. My brain says they've screwed me a dozen times already and I'm gonna get screwed again. Listening to my brain this time around til I see something happening here...I'm gonna continue to follow it as it's piqued my curiosity and I'd love to see management tossed on their asses by a new majority shareholder with exclusive voting rights.
I'm kinda bummed...lost another $15 playing HCTI. lol
I use E-Trade...no issues. Commissions were lowered to $6.99 at the same time TDA lowered theirs.
My buddy uses TDA and loves it, especially their Think or Swim app.