Hybrid Coating Technologies Inc (HCTI) 0.0125 $HCTI
Hybrid Signs Agreement With Fortune 500 Company - $20M Potential Revenue Per Annum
GlobeNewswire - Mon Apr 13, 10:59PM CDT
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it has recently entered into an agreement with a Fortune 500 company to modify and then commercialize one of its products based on its non-isocyanate polyurethane platform technology. Upon successful completion of the product modifications, Hybrid will co-own any new patents based on these modifications with this partner and will give to the partner, subject to agreed upon mandatory minimum order quantities to be placed by the partner, worldwide exclusive rights of the modified product for commercialization within the partner's respective industry. Once commercialized and after a reasonable ramp up period, management expects, based on estimates provided by the partner that revenues to Hybrid from the sale of this product would reach $20M per annum. "We are very happy to be working with this household brand as we continue to execute on our strategic plan of partnering with industry leaders in the polyurethane foam, coatings, and adhesive markets to commercialize products based on our platform technology," said Joseph Kristul, President and CEO, "This agreement demonstrates the commercial value of Hybrid's technology as perceived by the major companies that sell polyurethane based products."
Hybrid Coating Technologies: US EPA Proposes Rule to Limit Isocyanates in Polyurethane
GlobeNewswire - Wed Jan 21, 9:04AM CST
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that the US EPA (Environmental Protection Agency) announced on January 8, 2015 that it is taking action to protect consumers from new uses and imports of harmful isocyanates in polyurethane. The EPA's proposed action, a Significant New Use Rule (SNUR) under the Toxic Substances Control Act (TSCA), would require manufacturers (including importers) to notify the EPA at least 90 days before starting or resuming new uses of isocyanates in polyurethane based consumer products. The EPA would then have the opportunity to evaluate the intended use of and if necessary, to take action to prohibit or limit all products containing over one tenth of one percent of the chemical including imported products that make their way into the United States. According to the US EPA, isocyanates are currently widely used in the production of polyurethanes such as coatings, elastomers, adhesives, and sealants and can be found in consumer products used in and around homes or schools. Isocyanates are well known dermal and inhalation sensitizers in the workplace and can cause asthma, lung damage, and in severe cases, death.
Hybrid Coating Technologies to Undergo Pilot With Municipality in California
GlobeNewswire - Mon Dec 08, 7:32AM CST
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it is planning to do a pilot application of its Green Polyurethane floor coating at a municipal facility in California next month. Upon successful completion of the pilot, as per discussions with the municipality, Hybrid's Green Polyurethane would be selected as the official coating product for all of the municipality's facilities on a moving forward basis.
Hybrid Coating Technologies Initiates $1,500,000 Financing Round
GlobeNewswire - Mon Nov 24, 7:35AM CST
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it has started to receive funds as part of a $1.5M financing round from a group of investors. The financing round is comprised of convertible debentures with a 24 month maturity and a 10% annual coupon payable in stock. The debentures are convertible into units at no less than $0.08 and no more than $0.30 per share. The debentures are only convertible 12 months from issuance or once the company's stock has traded above $0.60.
"New To The Street" to Broadcast Nationally
Marketwired - Tue Nov 11, 11:04AM CST
"New To The Street" will be airing nationally on the ION Network on December 4, 2014 at 9:30 am reaching 100M households.
DSKX: 2.18 (+0.23)
"New To The Street" Announces Upcoming Episodes, Clients, and Themes
Marketwired - Fri Nov 07, 2:30PM CST
"New To The Street" would like to introduce Hybrid Coating Technologies (OTCQB: HCTI) and its upcoming interview to be broadcast Monday, November 10th at 7:00 am on the ION Network WPXN, as well as our ongoing interviews with VizConnect (OTCQB: VIZC), HydroCarb Energy (OTCQB: HECC) and Larry Isen from the OTC Journal.
DSKX: 2.18 (+0.23)
UPDATE: "New to the Street" Locks in Mondays at 7:00am on ION's Flagstaff TV Station WPXN in New York Starting October 20th
Marketwire - Tue Sep 23, 11:56AM CDT
New to the Street will offer weekly access to our bio-type news series interviews with public and private company's CEO's every Monday at 7:00 am.
DSKX: 2.18 (+0.23)
Hybrid Coating Technologies Expands Technology With New Polyurethane Patent to Cover Hardwood Floors
GlobeNewswire - Mon Jul 21, 9:07AM CDT
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it is entering into the global wood protection coatings market, which according to reports by the research group Freedonia is valued at $4.14 billion in the US alone. The company's new patent allows for a substantial increase in the product's elongation characteristics of up to 300% while maintaining the same high quality mechanical and chemical resistant properties its products are known for. "We are very pleased to have yet another patent filed as we continue to increase our IP portfolio and broaden our reach by adding new verticals that we can service in the polyurethane industry," said Joseph Kristul, President and CEO of Hybrid.
Hybrid Signs Distribution Agreement With California Based Coatings Distribution Group
GlobeNewswire - Mon Jun 16, 9:38AM CDT
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it has entered into a distribution agreement with a California based coatings distribution group that sells upwards of $100M a year in raw materials for coatings through its network. Under the terms of the agreement, Hybrid will be selling its hardener, the key component of its proprietary, two part, non isocyanate coatings formulation through the distribution network, as well the group will also sell Hybrid's finished coatings products through various retail store chains in its network. "This is an important step forward in our commercialization strategy as we target different parts of the coatings market from large Fortune 500 manufacturers to medium sized distributors in order to maximize the market penetration of our products," said Joseph Kristul, President and CEO.
Hybrid Signs Agreement With Fortune 500 Company - $20M Potential Revenue Per Annum
GlobeNewswire - Mon Apr 13, 10:59PM CDT
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it has recently entered into an agreement with a Fortune 500 company to modify and then commercialize one of its products based on its non-isocyanate polyurethane platform technology. Upon successful completion of the product modifications, Hybrid will co-own any new patents based on these modifications with this partner and will give to the partner, subject to agreed upon mandatory minimum order quantities to be placed by the partner, worldwide exclusive rights of the modified product for commercialization within the partner's respective industry. Once commercialized and after a reasonable ramp up period, management expects, based on estimates provided by the partner that revenues to Hybrid from the sale of this product would reach $20M per annum. "We are very happy to be working with this household brand as we continue to execute on our strategic plan of partnering with industry leaders in the polyurethane foam, coatings, and adhesive markets to commercialize products based on our platform technology," said Joseph Kristul, President and CEO, "This agreement demonstrates the commercial value of Hybrid's technology as perceived by the major companies that sell polyurethane based products."
Hybrid Coating Technologies: US EPA Proposes Rule to Limit Isocyanates in Polyurethane
GlobeNewswire - Wed Jan 21, 9:04AM CST
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that the US EPA (Environmental Protection Agency) announced on January 8, 2015 that it is taking action to protect consumers from new uses and imports of harmful isocyanates in polyurethane. The EPA's proposed action, a Significant New Use Rule (SNUR) under the Toxic Substances Control Act (TSCA), would require manufacturers (including importers) to notify the EPA at least 90 days before starting or resuming new uses of isocyanates in polyurethane based consumer products. The EPA would then have the opportunity to evaluate the intended use of and if necessary, to take action to prohibit or limit all products containing over one tenth of one percent of the chemical including imported products that make their way into the United States. According to the US EPA, isocyanates are currently widely used in the production of polyurethanes such as coatings, elastomers, adhesives, and sealants and can be found in consumer products used in and around homes or schools. Isocyanates are well known dermal and inhalation sensitizers in the workplace and can cause asthma, lung damage, and in severe cases, death.
Hybrid Coating Technologies to Undergo Pilot With Municipality in California
GlobeNewswire - Mon Dec 08, 7:32AM CST
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it is planning to do a pilot application of its Green Polyurethane floor coating at a municipal facility in California next month. Upon successful completion of the pilot, as per discussions with the municipality, Hybrid's Green Polyurethane would be selected as the official coating product for all of the municipality's facilities on a moving forward basis.
Hybrid Coating Technologies Initiates $1,500,000 Financing Round
GlobeNewswire - Mon Nov 24, 7:35AM CST
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it has started to receive funds as part of a $1.5M financing round from a group of investors. The financing round is comprised of convertible debentures with a 24 month maturity and a 10% annual coupon payable in stock. The debentures are convertible into units at no less than $0.08 and no more than $0.30 per share. The debentures are only convertible 12 months from issuance or once the company's stock has traded above $0.60.
"New To The Street" to Broadcast Nationally
Marketwired - Tue Nov 11, 11:04AM CST
"New To The Street" will be airing nationally on the ION Network on December 4, 2014 at 9:30 am reaching 100M households.
DSKX: 2.18 (+0.23)
"New To The Street" Announces Upcoming Episodes, Clients, and Themes
Marketwired - Fri Nov 07, 2:30PM CST
"New To The Street" would like to introduce Hybrid Coating Technologies (OTCQB: HCTI) and its upcoming interview to be broadcast Monday, November 10th at 7:00 am on the ION Network WPXN, as well as our ongoing interviews with VizConnect (OTCQB: VIZC), HydroCarb Energy (OTCQB: HECC) and Larry Isen from the OTC Journal.
DSKX: 2.18 (+0.23)
UPDATE: "New to the Street" Locks in Mondays at 7:00am on ION's Flagstaff TV Station WPXN in New York Starting October 20th
Marketwire - Tue Sep 23, 11:56AM CDT
New to the Street will offer weekly access to our bio-type news series interviews with public and private company's CEO's every Monday at 7:00 am.
DSKX: 2.18 (+0.23)
Hybrid Coating Technologies Expands Technology With New Polyurethane Patent to Cover Hardwood Floors
GlobeNewswire - Mon Jul 21, 9:07AM CDT
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it is entering into the global wood protection coatings market, which according to reports by the research group Freedonia is valued at $4.14 billion in the US alone. The company's new patent allows for a substantial increase in the product's elongation characteristics of up to 300% while maintaining the same high quality mechanical and chemical resistant properties its products are known for. "We are very pleased to have yet another patent filed as we continue to increase our IP portfolio and broaden our reach by adding new verticals that we can service in the polyurethane industry," said Joseph Kristul, President and CEO of Hybrid.
Hybrid Signs Distribution Agreement With California Based Coatings Distribution Group
GlobeNewswire - Mon Jun 16, 9:38AM CDT
Hybrid Coating Technologies Inc. (OTCBB:HCTI) is pleased to announce that it has entered into a distribution agreement with a California based coatings distribution group that sells upwards of $100M a year in raw materials for coatings through its network. Under the terms of the agreement, Hybrid will be selling its hardener, the key component of its proprietary, two part, non isocyanate coatings formulation through the distribution network, as well the group will also sell Hybrid's finished coatings products through various retail store chains in its network. "This is an important step forward in our commercialization strategy as we target different parts of the coatings market from large Fortune 500 manufacturers to medium sized distributors in order to maximize the market penetration of our products," said Joseph Kristul, President and CEO.
