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.
With a negative book value, wouldn't you loose everything anyway if they liquidate?
HCT fell from $14 to $3 in one day
Wonder what caused the crash from 14 to 3 in one session?
I thought a decline from $1.50 in four years was bad.
I don't think there were any splits at all. My chart shows this was $15 around 2010. Can anyone confirm $15 historical high and no history of splits?
Appreciate your take on things.
I tried a pair of Nickys, could hardly
walk in those shoes, let alone run! <g>
Dirt, I saw your research of the chemistry referenced, and I thought you
might have some insight as to how much of a moat protects HCTI, and how quick and severe will competion be. How tough Will it be for the big players to formulate products to compete with HCTI?
You're not taking a 200 to 1 hit, since the resulting share price Will instantly be 200x higher on market open
Reverse split could occasionally even be a positive, but the concern now is dilution due to the companies ability to issue more shares.
What would a fourty cent share price allow up listing to?
Spin on both sides it appears.
Are there any Federal approvals, as was mentioned by the poster?
Exciting if it's true, but if it's not it should be corrected.
I'm unaware of any agency approvals for HCTI. There was an EPA award of course, but would love to know of any approvals.
Not following why you think DOD is aware of HCTI?
I doubt if the next ER will be blockbuster, as it's too soon for some of the new agreements to be adding much to the bottom line. I would think that may take six months?
Few cults actually have bars on the Windows. One of the sure signs of this being a cult is the attempted discouragement of any dissenting opinion.
Simple statements like "you're just trying to get cheaper shares", ... Instead of presenting a counter argument.
Which clowns, and how do they manipulate the bid and ask?
Why the large bid / ask gap?
.0003 cents seems a bit much, Does this
Occur often?
You're the one that commented on my reply to Broph.
What were you talking about?
You don't think the dilution has been crippling?
I simply understand how some are skeptical due to the
dilution/loses the last four years. Its a lot to overcome.
----
Mick
I wasn't talking about the share price.. Think we are on a different thread.
Mick
Crippling to the competition
me
Can't blame you for being skeptical, the dilution last few years has been crippling.
Broph
Ohhh, but the company has to dilute to bring products to fruition. Wrong. The company wouldn't and should not have to dilute.
Have fun when the next wave of dilution hits.
How is HCTI losing 99% of its share value in any way crippling to the competition?
Can't blame you for being skeptical, the dilution last few years has been crippling.
Where did you see that as a production rate, I think you may have mistaken production capacity figure for a production rate?
Big difference.
Agree that HCTI needs to speed up its production and marketing.
There are competing green chemistries, and HCTI's best method of dealing with them is to take advantage of its EPA award and early adopter status and corner the market quickly.
Perhaps they are moving quicker now that they have a deal with IF, but they need to keep accelerating. HCTI's real chance is that they will be well positioned when the EPA further restricts non-green solutions and will enjoy a period of time when they are a major supplier of non-isocyanate products.
One of this boards real failings is an unwillingness to discuss competition, finance, or listen to any view which is from someone not wearing pom poms.
Fully in support of HCTI's green products, and think the risk reward of this stock is probably better than ever, but still willing to listen to any contrary opinions.
Capacity is stated to be up, not supply.
How dare you voice concerns here while everyone else is figuring out whether to celebrate their millionaire status in Vegas or Rio.
Youre correct in that the delays are cause for concern, and a lot of that is due, as you pointed out, to poor communication by the company. Looking at past releases, it would look to me that we should be expecting some news within the next 2-3 weeks.
If it goes much beyond that, I will start worrying too.
While the Green Chemistry Award is a great achievement, especially for a small company, it does not mean a process or product has been thoroughly tested.
You stated:
"It adds instant credibility, and tells the potential customer that the product has been thoroughly tested by reputable US entities."
The award criteria is available on the EPA website, but generally the awards are given based on an 8 page submission by the nominated party.
Nominations must have:
•No more than eight pages, including the cover page
•Single-spaced, 12-point type, but references, captions, and footnotes may be as small as 10-point type
•Margins of at least 1 inch when printed on 8½-by-11-inch paper
The EPA is not representing that it has done any testing of a product that receives an award. The EPA is however, giving a big vote of confidence to those it selects for the Green award.
You sure he got .0022? I bought just under a million shares for .0021 late Friday morning and watched it climb to .24 with no news.
14% on your money in about 4 hours is decent.
What difference would a reverse split make anyway?
Might actually be a positive if over $5.00 but that would be
quite a RS.
Just saying the company is a scam is just the opposite
extreme of the cheerleaders who have meaningless posts
pumping the stock as the "Future" with baseless projections.
This company has issues to overcome but it has made some meaningful steps in the last few months.
Three things could move this stock quickly:
1) positive partnering news
2) being acquired
3) legislation further restricting iso-cyanates
Even if there is $4M in revenue, that doesn't change my view point that we have no way of knowing if there is one dollar of gross profit in the deal.
This current deal may not do much for HCTI's financial situation during the three years unless there are legislative changes. I have several million shares, but I try to maintain objectivity.
HCTI has incurred over $22M in losses since its inception, this is not turning around overnight, but it may be starting to turn in the right direction now.
Thanks for the url, but again it does nothing to show what benefit HCTI is gaining. IF may be paying for $4M in inventory, but at what terms? It might be at cost, it might be returnable, it might be contingent on other factors.
I think HCTI has been smart on arranging manufacturing without large capitol expenditures, and the agreement with IF is a big step, but a lot of questions and remain.
Without details of the deal its impossible to estimate what benefit HCTI might derive. The fact that it will "cost" $4M over three years doesn't indicate what payments to HCTI can be expected. IF could paying for advertising, inventory, etc and that could be most or all of the $1.3M per year cost.
== ==
Industrial Finishes & Systems of Eugene has become the exclusive distributor of a new, environmentally friendly polyurethane. In a three-year deal that will cost $4 million, Industrial Finishes will help launch the sales of floor and wall coatings containing a patented “Green Polyurethane”
Runners brought up a legitimate concern, and this is how you respond?
The reported deals may take care of the immediate cash needs of HCTI, but the company is still cash strapped and this may slow things down going forward. It's tough to ramp up quickly without a bankroll, but the company is making agreements to keep those costs in check:
HCT intends to establish full commercial-scale manufacturing for both of its products at Adhpro Adhesives in Magog, Quebec and Simpson Coatings in California through non-exclusive toll manufacturing agreements.
HCT’s strategy is to avoid large capital investments in manufacturing and to outsource the manufacturing of the EPOD Products to third-party manufacturers. At current capacity, the Company can outsource the manufacture of up to 20,000 tons per year.
I don't know anything about the $85k lawsuit, can someone tell me the basis of the suit?
==
Runners123
"With the company out of money and an $85,000 suit filed against it last December , the only hope is for Industrial Finishes to sell the crap out of their licensed products."
First rule of a cult.
Do not allow any questioning or dissenting opinion.
Ridicule anyone who dares to question the "truth".
This site probably does more harm than good in
terms of drawing investors who might buy a few shares
and help move pps up.
The chemists I talked to were not overly impressed with patents held, and didn't feel there was much if any barrier for entry by
future competition.
HCTI is "first" and does have some credibility due to the EPA award, but they must accelerate production and marketing.
Massive Yes we are a cult.
... but I joined today and was up $300
in the last few minutes. Hope to repeat it
a bit larger Monday.
But do occasionally discuss the facts here,
instead of just meaningless hype and conjecture.
After talking with a couple of chemists, my
main concern is with how easy it may be to circumvent
HCTI's patents. This will be more of a concern as
legislation further restricting iso-cyanates progresses.
Define massive?
ISO9000 isnt a small club anymore. There were over 1.3M certifications worldwide with 300k in China and that was 2010 statistcs.
"A ISO 9000 Certified company will get any order before some company that rents a building and throws some machines in it so they can take some pictures"