Replies to post #78385 on Hybrid Coating Technologies Inc (fka HCTI)

[Hawk NY]

Amen sir. And yeah, Half mil reported very early in the year. Should easily break into million in sales this year.

[r clarke]

Is the $270k order where the company received 15% up front really much of a
positive?

It may have been at zero margin in order to get the 15%?

We dont have details so there's no way of knowing.

I know they needed to keep the lights on and were broke with few other
options, but it does hobble the negotiations. ( Other options being limited
by being delinquent ).



Company has been burning around $4M a year, so they need to do significantly better to come close to break even.




"Yea. Also the half a million in purchase orders from first few months of the year is another great positive. Naysayers here provide no valuable input. I don't listen to others who don't input anything intelligent or provide real DD. Why follow ignorance?!?!?"


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