Hybrid Coating Technologies Inc (fka HCTI)

[Travis Crider]

No this is wrong as well. The contracts are with hcti, not nti. Also the debt will be used to offset taxes on future profits so it benefits them right now. Also nti has other things going on. Hcti has management within and other employees running it. This was setup to run the hnipu side of things. NTI has other stuff going on. It is a R and D company. HCTI is the business side and they have all the contracts and partners. NTI is not signed with them. Very simple to understand the relatiomshsip. NTI finds technologies and is going to use nti to commercialize them. NTI will still benefit from the percentage of company they own and royalties. They don't want to own it or run it. They want to sit back and collect the checks. It's too much work for them that's what's hcti is for. Very simple.