Hybrid Coating Technologies - US EPA 'Issues Action Plan, to Deal With Toxic Isocyanates', mentioned the company's technology as an alternative to toxic polyurethane coatings in its previously issued Action Plan; J. Kristul "Hybrid's patented technology is "the only formulation in the world :eek: today that produces polyurethane, without the use of any isocyanates in the entire production process." The polyurethane industry has "started to feel pressure to deal with toxic isocyanates, which puts the Company in a strong position." We "have received alot of interest from large players in our industry, both for the quality +durability of our products +for the environmental benefits of our isocyanate free technology" +we " "expect" some of this interest to translate into collaborations +commercial agreements in the "near future"." This is "the 1st time in over a decade that the US EPA has issued an action plan, for the polyurethane industry" "; Coating Technologies(HCT) is a San Francisco-based "innovator focused on improving the quality +safety of coatings +paint for industrial +commercial customers around the world." We are "the exclusive licensee of Green Polyurethane™ coatings +paint – the "world's 1st-ever patent protected polyurethane-based coatings +paint products, which eliminate toxic isocyanates from the entire production process" "; Conventional polyurethane(PU) paint +coatings have 'many disadvantages': they are porous, permeable +maintain poor hydrolytic stability. This "makes the material highly vulnerable to environmental degradation +ultimately leads to their chemical decomposition, especially when in contact with water. Even worse, the manufacture of conventional polyurethanes involves highly toxic components such as isocyanates, which can cause irritation of skin +mucous membranes, chest tightness, difficult breathing, upset stomach, fevers +prolonged exposure has been known to cause severe asthma +even death." Furthermore, strict +costly health & safety measures have to be implemented in the manufacture +application of conventional polyurethane, due to the toxicity of isocyanates. "This is why regulatory bodies around the world are now looking toward phasing out the use of isocyanates"; Green Polyurethane™ ("HNIPU") is a " "hybrid" material, which combines the high chemical resistance properties of epoxy +advanced durability +wear resistance properties of polyurethane, "making it the perfect application for high traffic +corrosive surface areas"." As a hybrid material with superior properties, Green Polyurethane ™ can be applied in one coating in most cases, "providing a welcome cost-saving substitute to currently used multi-layered flooring applications." Green Polyurethane™ "also provides the "1st sound solution" to the environmental +health hazards, associated with isocyanates in polyurethane." Its safety features "allow it to be applied, without the interruption of business due to public exposure, creating an additional :eek: :eek: 30 -60% savings on application costs for customers" - Jul 1, 2013 www.hybridcoatingtech.com/pdf/US-EPA-Issues-Action-Plan-to-D… www.epa.gov/oppt/existingchemicals/pubs/actionplans/mdi.pdf
US Department of Labor Moooves :eek: :eek: , Against Isocyanates - Jul 2, 2013 www.hybridcoatingtech.com/pdf/US-Department-of-Labor-Moves-A… www.durabilityanddesign.com/news/?fuseaction=view&id=9836
Hybrid Coating Technologies Issues Corporate Update +Guidance; The Company "is presently in discussions with 'several large industry players' " "expects" to enter into commercialization agreements with "some "potential" partners during ´13 +"is "targeting" to generate revenues in the range of $8.000.000 -$10.000.000, with net income of between $2.500.000 -$3.300.000 for its fiscal year of ´14" " " - Jul 11, 2013 www.hybridcoatingtech.com/pdf/Hybrid-Coating-Technologies-Is…
Hybrid Coating Enters Into Licensing Agreement, With "Major Coatings Manufacturer" - Jul 17, 2013 www.hybridcoatingtech.com/pdf/Hybrid-Coating-Enters-Into-Lic…
Hybrid Coating Receives Purchase Order, From 'Major Coatings Manufacturer', the "4th largest paints +coatings manufacturer in North America"; Hybrid is "in "advanced discussions" with other "substantial players" in its industry, as it continues to execute on its strategic "plan :eek: :eek: ", of partnering with "industry leaders" +"leveraging the infrastructure +distribution capabilities of these partners, to increase its revenue +market penetration" "; J. Kristul: "Our technology +products have undergone extensive testing @Comex's laboratories, prior to being incorporated in their supply chain. We are " "very excited :eek: :eek: " to establish a commercial relationship with Comex, which "is now the 2nd "multi-billion dollar company" to date, that we have partnered with in our industry" " " - Aug 5, 2013 www.stockhouse.com/news/press-releases/2013/08/05/hybrid-coa…
Polyurethane Magazine publishes article :eek: :eek: , about hybrid non-isocyante polyurethan(aka Green Polyurethane) - Oct 3, 2013
- Prof. Oleg Figovsky, Dr. Leonid Shapovalov, M.Sc. Alexander Leykin, M.Sc. Olga Birukova +M.Sc. Raisa Potashnikova - www.hybridcoatingtech.com/pdf/AK_Aufsatz_Figovsky_PU_E_04-20…
Hybrid Coating Expands Technology With UV Curing; Company's "new formulation is the World's Only Isocyanate Free UV Curing Polyurethane Formulation"; Joseph Kristul: "We are 'very excited' by this new formulation; as it allows for the installation of a floor coating in one :eek: day; rather than several :eek: :eek: days which is presently the industry norm :eek: :eek: :eek: : this new addition to our technology is "yet another demonstration of our scientific team's ability to develop "cutting edge, market relevant, eco friendly products"; in the polyurethane industry" " - Jan 22, 2014 www.hybridcoatingtech.com/pdf/NEW_UV_Curing_Formulation1.22.… www.osha.gov/OshDoc/Directive_pdf/CPL_03-00-017.pdf www.epa.gov/oppt/existingchemicals/pubs/actionplans/mdi.pdf
Hybrid Enters Into 'Advanced Negotiations', With "Major Retailer, a Fortune 500 company", to modify +then commercialize one of its products based on its non isocyanate polyurethane platform technology. Hybrid expects to complete negotiations, enter into an agreement +commence product modifications in ~45 days. Upon successful completion of the product modifications, Hybrid "expects to give worldwide exclusive rights of the modified product to this commercial partner +to retain ownership of the intellectual property. Once commercialized +after a reasonable ramp up period, management expects revenues to Hybrid from the sale of this product to reach the $20.000.000 range/annum"; Hybrid is "in advanced discussions +testing with several other similar sized companies, as well +expects to enter into agreements with some of these in the near future. In all, Hybrid is @different stages of discussions +/or testing with >24 different companies, of which 11 of these are 'large multinationals' " - Mar 18, 2014 http://finance.yahoo.com/news/hybrid-enters-advanced-negotia…
State of California "Places Isocyanates on Restricted List, of 1.100 toxic components, "May" Ban Outright Within 24 Months"; J. Kristul: "We "are encouraged by the announcement of the California DTSC with respect to isocyanates". This is a common process, that is followed prior to any new regulations being put into place. In the short span of a few years we have seen increased regulatory opposition to isocyanates. In `11 we saw the U.S. EPA up the pressure with its MDI Action Plan, then the U.S. Department of Labor followed suit in `13, with its National Emphasis Program against isocyanates +"now local state governments like California are taking their own action" " - Mar 25/14, 2014 www.sfgate.com/health/article/State-agency-IDs-3-consumer-pr… http://finance.yahoo.com/news/hcti-state-california-places-i…
Hybrid Enters into the Synthetic Leather Segment of the Polyurethane Industry; Hybrid is close to filing a patent on a variation of its nonisocyanate polyurethane platform technology for synthetic leather; J. Kristul: "The synthetic leather industry is looking for non toxic alternatives. Our nonisocyanate, VOC-free polyurethane platform technology "should prove quite attractive to the synthetic leather industry"."; Hybrid "is in discussions with a large influential company in the synthetic leather industry, for a 'potential' joint development +distribution deal" - Apr 1, 2014 www.hybridcoatingtech.com/pdf/Synthetic_Leather_4-1-14DNClea…
Hybrid "Enters Into the $35.000.000.000 Insulation Market", Hybrid is in the process of developing spray foam insulation based on its non isocyanate platform technology - May 9, 2014 www.hybridcoatingtech.com/pdf/Spray_Foam_Insulation_5-9-14-1…
Hybrid Signs Distribution Agreement, With California Based Coatings Distribution Group - Jun 13, 2014 www.hybridcoatingtech.com/pdf/California_Distributor_6-13-14…
Hybrid Coating Technologies Expands Technology With New Polyurethane Patent, to Cover Hardwood Floors - Jul 21, 2014 www.hybridcoatingtech.com/pdf/Wood_Coating_7-21-14.pdf
Hybrid Coating Technologies Initiates $1,500,000 Financing Round, comprised of convertible debentures with a 24 month maturity +a 10% annual coupon payable in stock. The debentures are convertible into units at no less than $0.08 +no more than $0.30/share. The debentures are only convertible 12 months from issuance, or once the company's stock has traded >$0.60 - Nov 24, 2014 http://finance.yahoo.com/news/hybrid-coating-technologies-in…
Hybrid Coating Technologies to Undergo Pilot With Municipality in California, Hybrid Coating is planning to do a pilot application of its Green Polyurethane TM floor coating @a municipal facility in California next month. Upon successful completion of the pilot, as per discussions with the municipality, Hybrid's Green Polyurethane TM would be selected as the official coating product, for all of the municipality's facilities on a moving forward basis, also in discussions with 'several other' municipalities as well. Management 'believes' that Hybrid has a 'significant advantage', due to its non-isocyanate formulations +the fact that California is looking to be a 'leader, in setting new standards for toxic chemicals' - Dec 8, 2014 http://finance.yahoo.com/news/hybrid-coating-technologies-un…
Hybrid Coating Technologies: US EPA Proposes Rule to Limit Isocyanates in Polyurethane, US EPA(Environmental Protection Agency) announced on Jan 8th, '15 that it is taking action to protect consumers from new uses +imports of harmful isocyanates, in polyurethane. The EPA's proposed action, a 'Significant New Use Rule'(SNUR) under the Toxic Substances Control Act(TSCA), would require manufacturers(including importers) to notify the EPA @least 90 days before starting, or resuming, new uses of isocyanates in polyurethane based consumer products. The EPA would then have the opportunity to evaluate the intended use of +, if necessary, to take action to prohibit or limit all products containing >1/tenth of one percent of the chemical, including imported products that make their way into the United States. According to the US EPA, isocyanates are currently widely used in the production of polyurethanes such as coatings, elastomers, adhesives, +sealants, +can be found in consumer products used in +around homes, ooor schools. Isocyanates are well known dermal +inhalation sensitizers in the workplace, +can cause asthma, lung damage, +in severe cases, death; Joseph Kristul: "We 'are very pleased to see that the US EPA is following suit, on its pledge to crack down on isocyanates'. As the only company in the world with a non-isocyanate polyurethane technology, 'this puts Hybrid in a 'very unique, +opportune, situation'.' " - Jan 21, 2015 http://yosemite.epa.gov/opa/admpress.nsf/bd4379a92ceceeac852… www.epa.gov/oppt/existingchemicals/pubs/actionplans/mdi.pdf www.hybridcoatingtech.com/pdf/US_EPA_1_21_15.pdf
Hybrid Signs Agreement with 'Fortune 500 Company' -$20,000,000 'Potential Revenue, per Annum', has recently entered into an agreement with a Fortune 500 company to modify, +then commercialize, one of its products, based on its non-isocyanate polyurethane platform technology. Uuuuupon successful completion of the product modifications, Hybrid will co-own any new patents based on these modifications with this partner, +will give to the partner, subject to agreed upon mandatory minimum order quantities to be placed by the partner, worldwide exclusive rights of the modified product, for commercialization within the partner's respective industry. Ooonce commercialized, +after a reasonable ramp up period, management 'expects', based on estimates provided by the partner that revenues to Hybrid from the sale of this product 'would' reach ~$20,000,000/annum; Joseph Kristul: "We are 'very happy' to be working with this 'household brand', as we continue to execute on our strategic plan, of partnering with 'industry leaders, in the polyurethane foam, coatings, +adhesive markets', to commercialize products based on our platform technology. This agreement 'demonstrates the commercial value of Hybrid's technology, as perceived by the major companies that sell polyurethane based products'."; As per the agreement, the parties will enter into a subsequent definitive supply agreement within ~90 days. Hybrid has now commenced work on product modifications. As part of a non disclosure agreement, Hybrid is not @liberty to divulge the identity of the partner; Hybrid is in advanced discussions, +testing, with 'several other similar sized companies', some of which are also 'Fortune 500', +'expects' to enter into agreements with some of these in the near future - Apr 7, 2015 http://finance.yahoo.com/news/hybrid-signs-agreement-fortune… www.hybridcoatingtech.com/pdf/HCT_brochure_SNGpg_Eng_jan20.p… www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10319719 www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9966055 http://financials.morningstar.com/ratios/r.html?t=HCTI®io…
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