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I was just at the North Carolina facility this past weekend and I greatly suggest to anyone who has doubts or concerns about the company to go see it with their own eyes. You can sign up at thehempuniversity.com
The next seminar is April 29th I believe
Recent Anti-Isocyanate Regulatory Pressure
US EPA MDI Action Plan: The US EPA (Environmental Protection Agency) is taking progressive action to regulate and potentially ban isocyanates and has mentioned Hybrid’s technology as an alternative to toxic polyurethane in its MDI Action Plan against isocyanates (see page 4 Figovsky and Shapovalov)
http://www.epa.gov/sites/production/files/2015-09/documents/tdi.pdf
OSHA National Emphasis Program: On June 25, 2013 the Occupational Safety and Health Administration (OSHA), a division of the US Department of Labor, initiated a National Emphasis Program to protect workers from the serious health effects from occupational exposure to isocyanates. Isocyanates are found in polyurethane based products. According to OSHA, "Workers exposed to isocyanates can suffer debilitating health problems for months or even years after exposure which could result in death."
California’s Department of Toxic Substances Control (DTSC) on March 13, 2014 selected isocyanates and two others substances from a list of 1,100 toxic components that it will focus on with the goal of potentially banning them altogether within the next two years. The announcement is part of a bigger effort to educate consumers and manufacturers about product safety under the Green-Chemistry Law, which went into effect in California last year. Under the law, the agency has jurisdiction to ban these products altogether after following proper protocol. That process includes workshops, a public comment period and requiring manufacturers that want to sell these products in California to determine whether it would be feasible to use safer ingredients.
The US EPA on January 8, 2015 announced that it was taking action to protect consumers from new uses and imports of harmful isocyanates in polyurethane. The EPA’s proposed action, a Significant New Use Rule (SNUR) under the Toxic Substances Control Act (TSCA), would require manufacturers (including importers) to notify the EPA at least 90 days before starting or resuming new uses of isocyanates in polyurethane based consumer products. The EPA would then have the opportunity to evaluate the intended use of and if necessary, to take action to prohibit or limit all products containing over one tenth of one percent of the chemical including imported products that make their way into the United States.
On September 14, 2016 BASF Corporation, Bayer Material Science LLC, Dow Chemical Company and Huntsman International LLC were named in a $90 Billion False Claims Act (FCA) lawsuit brought by New York law firm Kasowitz, Benson, Torres & Friedman LLP on behalf of the U.S. government for selling billions of dollars worth of harmful isocyanate chemicals but intentionally concealing their dangers to consumers and the U.S. Environmental Protection Agency (EPA) over the past several decades. In the suit, the law firm said that the defendants manufacture and sell isocyanate chemicals such as methylene diphenyl diisocyanate (MDI), polymeric MDI (PMDI) and toluene diisocyanate (TDI). These raw materials make up polyurethane products such as liquid coatings, paints and adhesives; flexible foam used in mattresses and cushions; rigid foam used as insulation; and elastomers used to make automotive interiors.
The Green Polyurethane™ Solution
Green Polyurethane™ (also referred to as “HNIPU” - hybrid non-isocyanate polyurethane) is a “hybrid” material that combines the high chemical resistance properties of epoxy and advanced durability and wear resistance properties of polyurethane, making it the perfect coating application for sanitary, high traffic and corrosive surface areas. As a hybrid material with superior properties, Green Polyurethane ™ can be applied in one or two coatings, providing a welcome cost-saving substitute to currently used multi-layered coating applications. Its safety features allow it to be applied without the interruption of business due to public exposure, creating an additional 30-60% savings on application costs for customers. As a foam, Green Polyurethane™ provides high R values up to 6.0, energy savings up to 30% and improved tensile strength over conventional foam without using dangerous isocyanates.
The Problem of Conventional Foams/Coatings/Paint and Isocyanates
Conventional polyurethane (PU) paint and coatings have many disadvantages: they are porous, permeable and maintain poor hydrolytic stability. This makes the material highly vulnerable to environmental degradation and ultimately leads to their chemical decomposition, especially when in contact with water. Conventional PU foams such as spray foam insulation are applied via a spraying mechanism that sends toxic isocyanates in the air – exposing workers to the dangers of toxic isocyanates. Strict and costly health & safety measures have to be implemented in the manufacture and application of conventional polyurethane due to the toxicity of isocyanates. This is why regulatory bodies around the world are now looking toward phasing out the use of isocyanates.
HCTI - Hybrid Coating Technologies (HCT) is a San Francisco-based innovator focused on improving the quality and safety of foams, coatings, and adhesives for industrial and commercial customers around the world. We are the exclusive licensee of Green Polyurethane™ foam, coatings, and adhesives – the world’s first-ever patent protected polyurethane-based foam, coatings, and adhesive products that eliminate toxic isocyanates from the entire production process (licensed by Nanotech Industries, Inc.) and the 2015 recipient of the Presidential Green Chemistry Award.
It's on it's way
No one signed an NDA. The decordication side of the plant was all laser aligned and all of the pieces were there. They have to now run the ducting and wire it all up. There are 10,000 connectivity points on the electrical. They think it will be done within the next 4-6 months.
She said on the call there are over ten banks that have shown an interest that she is talking with. She also mentioned that the network testing must be completed and successful to move forward with them. She also said that she has a production facility ready to go that can print up to 5million cards a month..
Everyone got a tour of the whole plant.
I was at the plant all day Saturday and I was BLOWN AWAY by how far they have come. HEMP Inc is real as a heart attack and anyone who wants to go see it for yourself I suggest you sign up at thehempuniversity.com
I suggest everyone listen to this.
https://upticknewswire.com/bruce-perlowin-ceo-hemp-inc-talks-hemp-educational-expos-hemp-university/
It's all the same "round" of testing KR. Same group that's been testing our card too.
This is a false statement KR. The card does not need to be tested by every bank that wants to sign us up. I just asked this question.
Seems like there is a lot of negative people on here yelling scam but the reality is that the company has been working tirelessly towards getting this plant open. It should be one of 5 in the world and the biggest one in the Western Hemisphere. Look on Bruce Perlowin personal Facebook page and you will see all the videos of his progress from start to finish. Is very exciting and there seems to be some great days ahead.
Look on Bruce personal Facebook page. He said plant is live
My apologies I meant to say the company's estimated timeline.
Where in reading this PR did you get the test was a failure? 4-6 weeks for approval is the timeline the company clearly stated.
I don't believe it was a 35% discount. Maxim doesn't do that. 15% at most is what I think. The deal was most likely priced with an average in the .70-.80 range then closed and announced when the stock was a dollar which is why it came down to .65 where the deal was done at.
Most stocks seem to follow the pricing point once announced.
Nice News Landon!
Sales times have been cut dramatically
No idea, hopefully we get some answers soon
Wish I knew
My thoughts are as follows: This company is hinging on the testing facility completing their arrangements with SmartMetric. If SMME can get the testing successfully completed, I believe it will be the the single biggest event we have experienced since inception because it will give validity to everyone that this is real. No bank will sign up without a network attached to our card. Although the card works in function, the card can not transfer money without the network. Once testing is complete, getting a bank should be the next step. I feel like we are truly closer than we have ever been and I believe we are soon coming to an end on the testing front. Fingers crossed for a successful finish for the shareholders involved which I am NOT one of.
So far, I am very pleased with the company and I'm not just saying that because I represent them. I've worked with many many company's in the past decade and this is my favorite one to date.
Highly professional and they do what they say they will. I also see the amount of work they dedicate to this company on a daily basis and I'm impressed and honored to be on board.
Best management I've personally ever worked with in over a decade
I think the train is about to start moving here.
I own Everest Corporate Advisors which represented NuTech Energy Resources. When my agreement expired in July with the company they completely stopped taking my phone calls and never paid me back the money that I personally spent to pay for the conference call that NuTech held. I still take calls on the company to this day and I have no current information on the company so I will be giving everyone the CEO's direct cell phone number so everyone can call him directly. Kevin Trisna - 303-944-8322 - I hope the company can fix their issues because I am a large stakeholder but I have been completely shut out and I have no idea what is going on. Im am truly sorry for those who have lost money and time in this project as I am one of you and I feel your frustrations. I also will say that I do wish and hope for the companys success for everyone involved.
Yessir and got disclaimer proper. This company is very interesting Mike