Hybrid Coating Technologies Inc (fka HCTI)

[longymickshort]

Here is what this scam appears to be doing. In essence they issue shares to a private company (NTI) in order to slowly take the company private at some point. A public company with a private exit. Every time they award a license they guarantee themselves 1.5 million USD$ in shares and or cash they and the insiders maybe even Industrial Finishes then sell off the shares to fund their lifestyles and write off the rest as administrative expenses. Along the way they take in more money from inside or other unwary investors which they write off as administrative expenses with no full accounting of where that money went to further line their pockets. When all the shares and licenses get issued NTI ends up owning
all the control and either goes public itself through a merger or reverse merger into a clean shell company. NTI buys the remaining shares in the deal for some ridiculous amount of shares since HCTI is so far in debt and is essentially worthless.. EXCEPT for the net operating losses that they can then use against any future revenue in the new company in whatever form that new company may reappear. They then have a clean slate and start a brand new scam printing fresh shares and get more lemmings to suck the life out of. Rinse and repeat. Very well done I must say do not be fooled by this scam no one has made a nickel on this except those that were lucky enough to see this BS and traded the spikes when the share structure was at reasonable levels and news could move the needle. They have a couple more pumps left here IMO and that's it. before another R/S occurs or they execute the scenario as I have outlined here.