Hybrid Coating Technologies Inc (fka HCTI)

[axconth]

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?

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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."