MUST READ CPTCQ .002, CONTINUOUS VOLUME, 1ST RESISTANCE .0033, 2ND RESISTANCE .0045.....PENNIES WILL COME SUPER FAST THERE ARE ONLY 288 MILLION SHARES OUTSTANDING WITH 35% HELD INSIDE LEAVING APPROX. 180 MILLION FLOAT, BUT IMO THERE ARE FAR LESS, THIS TRADES EXTREMELY THIN, THE 52 WEEK HIGH WAS .27 CENTS WHILE THE PAST 5 YEARS IT WAS WELL OVER $2.50!
INTEREST IS GROWING WITH MANY FENCE SITTERS WAITING, IF YOU READ CHART THERE HAS BEEN SOME GREAT VOLUME OVER LAST 2-3 WEEKS WITH MUCH ACCUMULATION, EXPECT A HUGE RUN VERY SOON.....PERHAPS SOME NEWS OF SOME SORT IMO!
SOMETHING IS BREWING, I HAVE BEEN WITH THIS STOCK SINCE THE NEW YEAR AND IT IS GROWING RAPIDLY.....I CALLED IT AT .0005 AND NOW WE SIT AT .0017 AND HIT A HIGH OF .0045..... UNDERSTANDABLY OLD SHARES WERE DUMPED TOWARDS END OF DAY BUT EXPECT A HUGE TURN AROUND....THIS IS SUPER THIN INTO PENNIES!
THERE WAS A NEWS RELEASE AT END OF NOVEMBER 2011 SUGGESTING A RUSSIAN FIRM WAS PUTTING IN AN OFFER TO BUYOUT CPTCQ, PERHAPS THERE IS SOMETHING HAPPENING BEHIND THE SCENES TO THE AVAIL, HERE IS THE ARTICLE>>>>Russian Firms Team Up To Buy Composite Technology Assets
Submitted by global.abi.org on Thu, 08/11/2011 - 07:00
Russian conglomerates Kaskol and RU-COM will increase their energy holdings by together acquiring Composite Technology Corp.'s assets out of its U.S. bankruptcy proceeding in a deal valued at more than $11 million, Dow Jones Daily Bankruptcy Review reported. The Russian companies' joint venture, called CTC Acquisition Corp., will pay $1 million in cash and take on the responsibility for at least $10.5 million of Composite Technology's liabilities, according to a purchase agreement filed Tuesday with the U.S. Bankruptcy Court in Santa Ana., Calif.
LAST Q STATED $19 MILLION IN ASSETS, $4.7 MILLION IN CASH AND ONLY $400,000 MARKET CAP!
LAST NEWS RELEASE CAME AFTER THE BANKRUPTCY ANNOUNCEMENT AND WAS GREAT...........HERE IS THE MOST RECENT NEWS FROM CTPC,(YOU CAN READ THE ARTICLES AT THE INVESTORS HUB CPTCQ PAGE
UPDATE 1-Daewoo Shipbuilding eyes wind turbine maker Bard Nov 06, 2011
from Reuters: Company News
Mercury Cable Receives Stay of Patent Litigation with Composite Technology Corporation Pending Completion of CTC Chapter 11 Bankruptcy and Proposed Sale of Assets Jul 08, 2011
from Business Wire News Releases
Composite Technology Announces Transmission Lines in Poland Jul 05, 2011
ACCC® Conductor Installed by PGE Dystrybucja Bialystok
from PR Newswire
Composite Technology Announces Correction Regarding Press Release of Sales to Indonesia Jun 30, 2011
ACCC® Conductor Sales Total Greater Than Reported
from PR Newswire
Composite Technology Announces Continuing Sales Success in Indonesia For ACCC® Conductors Jun 29, 2011
ACCC® Conductor Sales Accelerate in Indonesia
from PR Newswire
Composite Technology Announces Transmission Lines in England Jun 28, 2011
ACCC® Conductor Chosen by National Grid UK
from PR Newswire
Mercury Cable Receives Notification from USPTO Rejecting CTC Cable's '522 Patent Claims Jun 14, 2011
from Business Wire News Releases
Mercury Cable Provides Update on CPTC Patent Litigation May
13, 2011
from Business Wire News Releases
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