Carlton Companies, Inc. (fka CTNO)

[bowman88]

I'm just going to sum up the recent events of Shelby which is why i think they're close to announcing something. In order for Shelby to continue operations they will need an infusion of cash as they have shown they are strapped. In tough economic times like now, I do not believe anyone would invest privately in Shelby as automotive sales being in the supercar class have probably dropped off substantially. The only means of obtaining any working capital would be taking the company public to raise funds.

1. Announcing partnering with designer Jason Castriota to design new Aero. March 15, 2010.
http://www.thenewstribune.com/2010/03/15/1110042/west-richland-automaker-to-team.html

2. UEEC cutting ties with Shelby Supercars investment per their 10K
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7189055-971-144952&type=sect&TabIndex=2&companyid=68437&ppu=%252fdefault.aspx%253fcik%253d1096938

3. Shelby secured a private investment to take care of the 200k debt owed to UEEC. April 26, 2010
http://www.sec.gov/Archives/edgar/data/1490576/000149057610000001/xslFormDX01/primary_doc.xml

4. Shelby's pending lawsuit was dismissed. March 24, 2010
http://dockets.justia.com/docket/court-cacdce/case_no-5:2009cv01553/case_id-451717/

5. Jerod Shelby presented in front of the city of West Richland. I still have not been able to dig up what his presentation was for. April 30, 2010
http://www.tri-cityherald.com/2010/04/30/996251/land-buy-west-richland-to-consider.html

6. "We're going to launch an electric car," said Chris Messalas :) One can hope