Replies to post #82744 on Hybrid Coating Technologies Inc (fka HCTI)

[otcsource]

UNITED STATES OF AMERICA
Before the SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934

Release No. 86503 / July 29, 2019
ADMINISTRATIVE PROCEEDING
File No. 3-19286

In the Matter of Hybrid Coating Technologies, Inc.,
Respondents.
ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS
AND NOTICE OF HEARING PURSUANT TO SECTION 12(j) OF
THE SECURITIES EXCHANGE ACT OF 1934
I.
The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors that public administrative proceedings be, and hereby are, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange
Act”) against the respondents named in the caption (together, “Respondents”).
II.
After an investigation, the Division of Enforcement alleges that:

A. RESPONDENTS 1

1. Hybrid Coating Technologies, Inc. (“HCTI”) (CIK No. 1445235) is a revoked Nevada corporation located in Daly City, California with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). HCTI is delinquent in its periodic filings
with the Commission, having not filed any periodic reports since it filed a Form 10-K for the period ended December 31, 2016, which reported a net loss of $4,577,945 for the prior year. As of July 22, 2019, the common stock of HCTI was quoted on OTC Link operated by OTC
Markets Group Inc. (formerly “Pink Sheets”) (“OTC Link”), had seven market makers and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).