Hybrid Coating Technologies Inc (fka HCTI)

[r clarke]

A lot of money was needed? For what exactly?

Go back to 2010, see what was being said.

... also note that one of the first things that was
done after going public was reward the principals.

They had no faith in the future and cashed out.
... and we all know of the lack of insider buying over the years.

This shell blew through over $43M and for what?

for years, no R&D was done by HCTI at all

but yet they blew this money in large part to reward principals, management and related parties ( like the $1M a year consultant )

... and proceeded with toxic financing and dilution to fund the party.

sorry to be so negative, but what happened to shareholders $43M plus
should be a crime.


Yes, they did 2016 filing, and thats a big positive.

I'm starting to think theyre not filing the 2017 because some of the
revenue was a one off, that they arranged to keep the lights on.

They asked for a percentage prepay on one deal, so who knows what the
margin was on that.

Company has not been straight with shareholders, and that is seemingly
continuing today.

Also, there is a time factor, as the underlying patents are aging and expiring.



"allora and epod had nothing to do with hybrid. yes hybrid was used to go public and raise funds as a lot of money was needed. The 2016 filings are huge. why file if they dont plan to continue? they cannot dilute shares while still delinquent. there are new employees, significant purchase orders earlier in the year, etc. things are looking up. were bot in the clear yet but getting there"