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What's your point?
First, you said you were here until April. We're a week in and the only thing we've seen is the same fluff pr and promise of a filing coming that is weeks past a self imposed deadline with no update. In 3 weeks when we're still in the same place we are today, do you finally admit that the management is garbage?
Also, who is second guessing how we got here? We know exactly how this stock has dropped from pennies to trips. Poor management by one person who believes she either can do it all, or believes that investors are too dumb to see what she's doing. The second guessing is from the people who continue to pump this in spite of the poor performance.
With the past performance of this company, if you don't see the risk, especially with the amount of money you say you've invested, I'm not sure how you can be helped.
You're free to think that and it may come to pass. The scientific literature doesn't support that this company's product is disruptive.
They have an opportunity to make a significant profit early if they hurry. They aren't in a hurry as is evidence of this same product being touted for more than a decade. The big companies will dwarf them. This isn't the long term play everyone thinks, and the company has shown you that recently.
I'm glad you posted this, because it should show you and others here how easy it is for other companies to do this work without ever coming close to infringing any patents.
You should also point out that this article is nearly 5 years old. That's a lot of time for industrial r&d. It's a low impact journal but still an acs publication.
You can't reasonably argue that this company isn't poorly managed. How is it that you and others believe that this company is so far ahead of huge companies when you read articles like this that show multiple routes ( as I've pointed out many times here ) to a nipu?
You have effectively shown how cutting edge and disrupting of current technology that this company is not.
Oh, so you're saying there's insider trading issues with this ticker? Should we be worried about an sec investigation?
Can you dispute a single thing that his post said?
Since you have kept up with it, care to tell us where the millions of dollars worth of equipment are? Or tell us how we should trust this company if they have just backed out or walked away from "signed" contracts with people in Mexico. Especially, since there wasn't even so much as an update to the shareholders about this.
You neglect to mention that every DOD and government contract must be submitted as a bid. It doesn't matter how good your product is if you're not the lowest bidder.
There are cheaper alternatives. HCTI will not have a government contact just because they have a contact that they pay to do no work other than be "on the board"
The notes that have converted ages ago according to dholmes and others are actually able to convert now. 20 million shares dumped today for $20,000.
Again, no dilution here though, right?
If it's so simple, perhaps you should not have made the mistake of saying the wrong thing in the same sentence no less.
Find someone familiar with IP and patent law and see what their opinion is on HCTI owning patents based off tech that is owned by another entity. Unless there is a clause in the NTI and HCTI agreement that allows this specifically, HCTI will not own anything. Have you seen such a clause?
It may be unlikely, but it is possible.
To speculate that the company can continue to manage this company poorly and without the interest of shareholders considered is not fear mongering as some suggest. It is smart to realize what scenarios could happen so that everyone knows exactly what they own and can make an informed decision when they decide to stay invested here.
Calling something fear mongering does not make what people claim not true. It does seem manipulative to ignore any info that doesn't immediately support the company blindly and causes that board member to lose credibility in my mind.
Which patent specifically does HCTI own or co-own?
I can't find any. If you're referring to co-owning a patent from a F500 deal, have you seen the deal? Can you say that HCTI will co-own or will NTI co-own?
HCTI owns no patents and owns no products.
They are the same?
Hypothetically, if they file for bankruptcy, would the million dollar licensing fee be part of the liquidation? Will the million dollars that this company paid itself be available as funds to use by HCTI?
No, so how can you not see that while connected, they are not the same. If management decides to fold HCTI, they can very easily step in to fill the void with NTI all while shedding the pesky debt and shareholders of HCTI.
Look at the company officer's compensation and tell that lie about them being poor again.
The only people in danger of going broke are the shareholders. That's why the insiders own so little. I bet they own all of NTI though. Wonder why that is?
Why now and not before?
Where was your voice when they claimed 53% of voting power between 7 people but can only account for 49%?
Where was your voice when they diluted this into oblivion over the past few months?
Where did that money go by the way?
Leopards don't change their spots. Even when you coat them with urethane.
It continues to amaze me how people blindly support this company and just believe that the management is suddenly going to change how they operate.
OK, so the product is on the shelf. How has that changed things since the pr?
This aggressive sales force, accounts payable, salaries, etc... Where is the money for all this coming from? Dilution. Just like it has been. Why would they change it now?
The market cap may indeed reach the levels you predict, but there will be hundreds of millions of shares. That's if they don't approve another AS increase.
Hcti will continue to fund NTI. Eventually, they won't need hcti anymore and they'll let it slowly fade all while lining their pockets.
Down 20%
Look at all these gains.
I love the blind support and ridiculous logic.
Why did they dilute from 700 million to 1.5 billion at the current pps rather than wait? Your reasoning is flawed. They want money and immediately. Take the guaranteed rather than what might be. A lot of traders on this board would do well to follow this model.
A share buyback? Are you serious? Where will the money come from?
Stop trying to mislead people. The reason the RS is 200:1 and the AS is 4:1 was stated in the filing. They want the ability to dilute and raise funds without needing to get the consent of or inform the shareholders.
Also, can you link to the post where you told everyone about that specific conversation with Steve?
Good luck with that. I guess it'll be nice to have a tax write off come this time next year.
HCTI's management is a joke and is quickly losing credibility.
The only reason they have been unpredictable to you, me, and others is because we thought they were different than other OTC stocks.
They're not and when you go back and look at everything through that lens, they have been completely predictable.
Your statement was to close down 30%?
Approx. 48% of the voting power comes from NTI and those aren't common shares anyways. The other 6 listed, account for less than 2% of the shares. What are we missing in the filings?
Where is the money for a share buyback going to come from?
They would have to dilute in order to be able to afford it, which kinda defeats the purpose.
Nothing in industry happens too quickly. Adoption of new materials needs a catalyst. Either in the form of substantial decrease of cost or legislation. The chemistry here appears solid.
The patents do seem well written. I would say it is unlikely that anyone will infringe upon them. That is not where the problem lies.
The problem is that there are several pathways to carbamates which is essentially the link between the polymer subunits and what the isocyanates are used for. If you search the scientific literature, there are examples of non-isocyanate polyurethanes as far back as the 70s.
Appointing people to a board that don't do anything day to day in the company lends some credibility, but for this tech to be accepted and implemented, the company should poach a high level exec at one of the big companies.
I can easily see other solutions coming to market. Will they be better or cheaper remains to be seen, but that is not always the factor that the market chooses. If Dow or BASF comes out with a solution, who do you think most companies will buy product from? I buy Nike shoes and not Nickys.
These are opinions and I can't really predict how it will turn out, but with the current management without some serious guidance I'm not sure here anymore. Couple that with a huge loss that was averaged down to manageable into another huge loss, all while being told that IR can't tell me anything or that Steve is on a business trip on possibly the biggest news for this company in a while....well I'm out.
Because I'm mad that a company that was supposed to be different from all the others turns out to be more of the same.
If their business practices are like this, what prevents them from obscuring or misrepresenting other aspects of the company.
I still think the product could have success. From the trend though, I think management will dump all of the weight on the shareholders. Nearly a billion shares dumped when everyone here swore that there was no way it was coming from the company. All while dangling multiple F500 deals with no real details. This could be where they want it to be with some disclosure. The current direction only makes sense for management in my eyes.
It also said they were going to pay a million dollars cash when they had 20 million in debt and only thousands of dollars on hand. Did you forget that part?
What stops hcti from declaring bankruptcy or the board from voting to end the agreement or the board to vote to not pay the licensing fees?
Nti would then be free to license or sell the patents to someone else.
There was no lie. My speculation is no worse than yours. Actually, it's probably more reasonable.
Funny, you want a sticky that says what this means or could mean.....as long as it's positive and fits your agenda.
Want to hear the funniest thing. Hcti doesn't own anything. The parent company does. What stops the management from running hcti into the ground and funding everything and then letting it collapse. Nanotech still owns all the patents and could then easily pick up where hcti left off, but without the debt.
The management could vote to end the licencing agreement at any time. The only people hurt would be the shareholders while management continues to line their pockets.
Just Google the CEO and look at all the court cases against him for schemes just like this. He takes the money and doesn't pay it back under the guise that is now a different company. He's been sued a couple of times fot this.
Thank you
Perfectly said. We're not "an investable company"
That should be the take away message.
James, where did you find the number that you text for contacting Francine?
In my first post I clearly stated that you said this 2 months ago.
You then said, show me a post where I ever said that. I just did.
I took nothing out of context. You said, I never said. I showed where you did.
You also said no dilution or that it was so small it didn't matter. Now you're claiming nearly a billion shares have hit the market in just 2 months.
You have no clue.
Here you go:
TJG Member Level Wednesday, 01/20/16 03:17:15 PM
Re: RFL1969 post# 32375
Post # of 43338
Quote:
When was the last RS???
NEVER... They have never done an RS and they are over 600,000,000 million shares away from maxing out the current AS so that is not a concern at the this time...or will it be for a very long time...if ever.
You do know you can get that info off of the OTC.com web site... but then you probably knew that....so why ask it in a public forum is the question.
Want to try again?
No but you did say that someone was ridiculous for even mentioning a rs or as less than 2 months ago. That will never happen or it's so far away that it doesn't matter.
You were wrong before. You're wrong now. That bag is going to get heavy.
Down 45% but this is a good thing, right?
Steve from IR called to say he couldn't answer any questions and he's going on a business trip until Monday and then he can give some updates. That's good too, right?
Wonder how they're going to pay Nanotech (read the management) for the licensing extension. They must have some HUGE deal lined up. Nope, they're going to print shares and line their pockets with them.
Who said anything about nasdaq?