On April 9, 2014, Hybrid Coating Technologies Inc., through its wholly owned subsidiary Nanotech Industries International Inc., and Nanotech Industries Inc. entered into a sixth amendment to the licensing agreement previously entered into by and between the parties on July 12, 2010, amended on March 17, 2011, on July 7, 2011, on June 28, 2013, on December 13, 2013 and on March 31, 2014.