Are we still chasing this one?? Is this industrial Finishes? The wording of the product is what I find most interesting here. Thoughts?
San Francisco CA, June 13, 2014 -- (MARKET WIRE) – Hybrid Coating Technologies Inc. (HCTI: OTCBB) is pleased to announce that it has entered into a distribution agreement with a California based coatings distribution group that sells upwards of $100M a year in raw materials for coatings through its network. Under the terms of the agreement, Hybrid will be selling its “hardener” – the key component to its novel, zero isocyanate, two-part hybrid epoxyurethane-based coatings formulation – through the distribution network. The group will also sell Hybrid’s finished two-part product formulation through various retail store chains in its network. “This is an important step forward in the commercialization strategy of our products as we target different parts of the coatings market from large Fortune 500 manufacturers to medium sized distributors in order to maximize the market penetration of our products,” said Joseph Kristul, President and CEO of Hybrid.
