Hybrid Coating Technologies, Inc. (HCTI) in Final Stretch of Discussions with Joint-Development Partner
Hybrid Coating Technologies (OTC: HCTI) this morning announced its “advanced discussions” with an undisclosed partner regarding a joint agreement for the development of a foam product based on Hybrid’s non-isocyanate polyurethane technology. “We are very pleased to be working to finalize an agreement with yet another partner,” Joseph Kristul, HCTI president and CEO, stated in the news release. “In the past twelve months, we have made significant progress including entering into three agreements, launching a product with a fourth partner and entering into final discussions with two additional partners.” HCTI said it expects to enter into an LOI with this…