Which means it is not standing up on its own, and when the SPY goes down, so goes WDAY. Shorted today at 74 and looking for it to break 66 within 2 weeks. These high valuation stocks will be ripped down before the market goes back up. Plus it got hyped from 66 to 74 based on opinions,not actual revenue.
No strength in the entire company business
Hybrid Coating Technologies Inc. (the "Company"). Our Board of Directors approved on August 11,
2015, and recommended the approval by our stockholders, of the following corporate actions (“Corporate Action”):
Certain of our stockholders, holding a majority of our voting power on August 12, 2015 (the “Record Date”), approved the Corporate Action by written consent in lieu of a special meeting of stockholders.
As a matter of regulatory compliance, we are sending to you this Information Statement which describes the purpose and provisions of the contemplated Corporate Action.
This enclosed Information Statement is first being sent to stockholders on or about September 8, 2015 (the “Mailing Date”). It is being sent to you for informational purposes only, and you are not being asked to take any action with respect to the Corporate Action.
1. To approve the increase in authorized share capital from 650,000,000 shares to 1,600,000,000 shares of common stock(“Common stock”) (the “Common Stock Authorized Share Capital Increase”);
2. To approve the increase in authorized share capital from 1,000,000 shares to 4,000,000 shares of Series B Preferred
I expect buying on any pullback, the company is doing great besides this side show. All you have to do is go into a store, especially this weekend is tax free in some states and the stores are filled with people spending mucho. I think Mass is tax free this weekend, and the stores have expanded the hours to accomodate. Lightening will not strike twice.
Right, but I think once investors realize that sales are back up, they will jump on real fast. I think the worst is over, lawsuits amount to nothing, because, there are "No Damages"
Have not found a single store with a customer who has been issue a Test Kit and came back positive. Any statement that 60 MINS makes tonight would need to be corrected regarding LL selling Chinese Laminates.
Either the floors are Toxic, or not, and so far the testing in homes has proved their claims to be way overboard. I say buy on the dip. Sales are picking up also.
Its Saturday, and I checked with a few stores. Seems busy, almost normal, no one knows of Sunday's Re-showing. All problems fixed in the showrooms. Sales picking up, so why the fast second showing of Laminate Floor B.S.?
HCTI, a penny stock, makes poly, foams,paintings, etc with their own patented product. LL was IPO'ed around 16 and grew tremendously. With the products off the shelf, and ways to fix all the prolblems, why would anyone air old news. I bought today for a counter play.
Taking you have not read deep enough into some of the SEC flings. Just tonight they announced a licensing agreement. See what this does to your equity, and than tell me if their is something wrong with this company.
nice announcement today, ut stock follows Lumber Liguidator. Wondering if they supply LL, seems that way. Always an agreement, think they would get some kind of money to keep them going by these big guys, instaed issuing more stock, does not make sense. If a was a fortune 500 and made a deal that will effect my business, I would want to invest in my own business by keeping them alive.
You have to wonder why?
Hybrid Coating Enters Into
Licensing Agreement With Major
Hybrid Coating Technologies Inc.
Jul 17, 2013 9:25 AM EDT
SAN FRANCISCO, July 17, 2013 (GLOBE NEWSWIRE)
Coating Technologies Inc.
HCTI is pleased to announce that it has entered into an agreement with a major coatings manufacturer
Licensee"), who sells its products through more than two thousand big box retail locations across the United States, for the development and licensing of an isocyanate free polyurethane coating . Under the terms of the agreement, Hybrid would make certain minor modifications to its existing polyurethane formulation to address certain specific requirements of the Licensee. "As the marketplace becomes more environmentally conscious and as governmental organizations such as the US EPA and theDepartment of Labor begin
to crack down on isocyanates, there is now a need for a high performance coating that is environmentally friendly without compromising on product quality and performance," said Joseph Kristul, president and CEO of Hybrid Coating Technologies, "We are pleased to be collaborating with a major player in our industry and
expect to enter into other similar type agreements in the near future." The development phase of the agreement is expected to take approximately 30 to 45 days to complete, after which time, once the modifications to Hybrid's formulation are successfully completed and accepted, Hybrid will become a supplier and sell its coating products to the Licensee in the territory of the United States. As part of the confidentiality clause in the Agreement, Hybrid is not at liberty to divulge the identity of the Licensee at this time.Hybrid's patented tech
nology is the only formulation in the world today that produces polyurethane without the use of any isocyanates
To approve the increase in authorized share capital from 150 million shares to 650
million shares of common stock (“Common stock”) (the “Authorized Share