Replies to post #17157 on Hybrid Coating Technologies Inc (fka HCTI)

[pintopower]

I interpreted his response as A/S is now up to (an estimated) 388 million from 336 million. So based on his response, he would think they have sold 52 million shares thus far which doesn't exactly answer your question, but if you have an estimate of how much they have to sell in total , you could calculate how much left using his estimate.

[dholmes791]

we are most likely eating this note here... and maybe some left overs from the March notes.

On July 15, 2015, the Company issued a convertible debenture for $20,000 which bears interest at 10% per annum. The debenture is convertible at 50% of the lowest trading price for thirty days before conversion. The debenture matures on October 21, 2015.

notice this note doesnt have the 180 day conversion stipulation, so i assume it was eligible on maturation date. not sure entirely

conversion price is 50% of $.0022 ----> $.0011

roughly 18.1 million shares

as far as whats left? it's anyones guess. before today, i honestly thought the notes have dwindled to almost none left. I certainly feel like today was/is clear free shares being sold, but it also feels like its being held down for whatever purpose.

there are some smaller notes eligible to convert in november. This could be an attempt to hold the pps down in order for those notes to convert at lower prices as well. just my 2 cents..