Replies to post #45821 on Hybrid Coating Technologies Inc (fka HCTI)

[NM Guy]

Confirmation of rollback
Pre Rollback
Issued and Outstanding Par Value Voting Rights per Share
Common Stock 1,515,559,058 $0.001 1
Series A Preferred Stock 0 $0.001 0
Series B Preferred Stock 2,700,000 $0.001 500

Post Rollback
Issued and Outstanding Par Value Voting Rights per Share
Common Stock 7,577,795 $0.001 1
Series A Preferred Stock 0 $0.001 0
Series B Preferred Stock 13,500 $0.001 500

[dholmes791]

i see this to be positive. This entire paragraph was added explaining the "rollback". This is only a revised PRE14C, not the DEF14C.

"The Rollback would prepare the Company for a future financing by simplifying the Company’s capital structure and appealing to a broader class of potential investors.

The Company believes that the increased market price of the Common Stock expected as a result of implementing the Reverse Stock Split would improve the marketability and liquidity of the Common Stock and would encourage interest and trading in the Common Stock. Because of the trading volatility often associated with low-priced stocks, many brokerage houses and institutional investors have internal policies and practices that either prohibit them from investing in low-priced stocks or tend to discourage individual brokers from recommending low-priced stocks to their customers. Additionally some of those policies and practices may function to make the processing of trades in low-priced stocks economically unattractive to brokers. For example because brokers’ commissions on low-priced stocks generally represent a higher percentage of the stock price than commissions on higher-priced stocks, the current average price per share of the Common Stock can result in individual shareholders paying transaction costs representing a higher percentage of their total share value than would be the case if the share price were substantially higher."

As someone else mentioned, they added the chart showing the current series B ownership and O/S in post split terms for clarification.

I'll also add that the "20 days post mailing date" was left blank this time. Not surprising, as we did not receive the DEF14C on friday the 8th, so the 4/21 date is now out the window for the share structure change.

Under Rule 14c-2 promulgated under the Securities Exchange Act of 1934, as amended (the "Act"), the Corporate Action cannot take effect until 20 days after this Information Statement is sent to the Company's stockholders. As mentioned earlier, the Company expects to effect the Rollback by filing a Certificate of Amendment with the Nevada Secretary of State approximately twenty (20) days after the Mailing Date, which is anticipated to be on or about _______, 2016. The Rollback shall require the approval of FINRA prior to becoming effective.