Hybrid Coating Technologies Inc (fka HCTI)

[Dirtwoof]

The 10Q stated estimated operating expenses of $600k for the remainder of 2016.
Can anyone provide concrete evidence that this cannot be covered by incoming revenue?

Yes, the company told you that they won't have this revenue anytime in the near future in the annual report.


Please go back and read the annual report where the company says:

The Company has no history of significant profit and no assured foreseeable earnings.

The Company has no history of significant profit. The Company expects to continue to incur losses in the very near future, and there can be no assurance that it will ever be profitable as it expects operating expenses to increase as its client base and distribution channels are expanded. The Company’s ability to reach and sustain profitability depends on a number of factors including, but not limited to, the availability of financing and the continued availability of third party manufacturers.