Replies to post #78104 on 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"

[r clarke]

Epod did operate with Kristul as CEO.

So "allora and epod had nothing to do with hybrid" isnt totally accurate.


I refer to filing

For the quarterly period ended: March 31, 2011


On July 12, 2010, EPOD entered into an agreement with Nanotech Industries, Inc., an entity who’s CEO is our CEO and Director, for the rights to manufacture and distribute environmentally safe, coatings, adhesives, sealants and elastomers using Nanotech Industries Inc’s technology. As per the licensing agreement, EPOD has a three year exclusivity for all of North America and has the option to obtain rights for the rest of the world on an exclusive perpetual basis, in exchange for the issuance of stock to equal 62.5% of the Company’s total shares.


So Kristul was running EPOD


here is a trading day from that period ( $340 source Yahoo split adjusted )


Mar 24, 2011 340.0000 340.0000 340.0000 340.0000


HCTI has experienced significant market cap erosion

Over $43M has been basically frittered away.

... and much of it is in the pockets of principals, management and related parties. Your money. .... and for what?


Sorry for the negativity, but hate seeing false information posted.









"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"