Clean Energy Technologies Inc (CETY)

[SPM555]

Here's the story in a nutshell:

CETY purchased GE’s Heat Recovery Solutions business from General Electric International, Inc back in 2015 and paid for it with dilution. That didn't sit over too well with the market and the stock sold off for a year and a half before I think it began to realize it was mispricing the shares. Volume began to come in and the stock price began to move up off of it's lows.

Here is the Heat Recovery Solutions website. It's a very interesting product, basically turning waste (heat) into clean energy.

The Clean Cycle™ captures waste heat from a variety of sources and turns it into electricity that can be used or sold back to the grid. CETY's proven, reliable technology allows municipal, commercial, and industrial users with heat sources, such as from industrial processes or energy production, to boost their overall energy efficiency with no additional fuel, no pollutants, and little ongoing maintenance.


The company has seemingly diluted responsibly over the years using the proceeds to add long term value and I know there's a large % of insider ownership - not sure of the exact number but I believe it's over 60% of the outstanding shares is held by insiders. The current o/s is 209m and as of 12/31/16 there were 123.4m shares held by insiders - though the o/s has increased since then. So assuming no new insider purchases 123.4m is still about 60% of 209m.

The stock began to bounce from it's long term lows in March this year around the .004 - .005 level and slowly crept up to .006 - .007 after a couple of months, then took off sharply and ran from .007 to .027 in late May/ early June. It peaked at .027 and formed a double top at that level when the buyers failed to break it on the second attempt, and since then it's pulled back and consolidated it's May/June gains while forming a very healthy looking new base in the mid to upper .01s. I believe it's not far off from moving to the .02 level and quite possibly continuing and extending upon May/June's breakout.

I think there's a very good chance that the market still is only beginning to realize the potential this stock now has after the 2015 GE asset acquisition and subsequent dilution being fully priced in. When/If the stock breaks over that .027 double top level, that will be confirmation of the breakout continuation and from there there is very little overhead resistance on the chart until somewhere in the $.10 range. Long term I believe it has potential to go even higher than a dime and if successful it's likely not going to stay on the OTC market and eventually should uplist to a better exchange. At this stage they still rely on dilution to help with capital so future dilution is a known risk, but so far they've seemed to build a lot of long term value through short term responsible dilution. All imho.