Hybrid Coating Technologies Inc (fka HCTI)

[FreezeThese]

For the nine months ended September 30, 2015 and 2014, the following convertible debt and warrants to purchase shares of common stock were excluded from the computation of diluted net loss per share, as the inclusion of such shares would be anti-dilutive:

Nine Months Ended September 30, 2015
Convertible debt: 244,274,123
Stock warrants: 27,146,592
Total common shares issuable: 271,420,715

'Anti-dilutive' misleads, they'd inherit the proceeds yes, but with revenue of $1,712 the impact on PPS will be far greater than that on EPS

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11028648

That Green Polyurethane trademark touted so heavily in the intro was abandoned in 2011.

http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4804:i6m3ay.2.1

And their partner in crime, Nanotech Industries, owes $251,455 in overdue taxes to the state of Deleware

https://icis.corp.delaware.gov/Ecorp/FranchiseTax/Dashboard.aspx