Hybrid Coating Technologies Inc (fka HCTI)

[negativegeforce]

In July 2016, the Company entered into several convertible note agreements with a third parties with a total principal balance of $414,000, annual interest rates ranging from 6% to 8%, conversion rates per share equal to 60% of the lowest trading price of the Company’s common stock for the twenty prior trading days, and mature in July 2017.

The lowest priced shares they could have received was around 3 cents. The most amount of shares they could have all received was around 13.8m shares.

IMO all trading below 3 cents is retail. They should be pretty much done.