Coil Tubing Tech Inc (CTBG)

[Trinityz1]

think they'll pay us dividends?

[LGL8054]

Coil Tubing Technology 2012 Annual Results Show 40 Percent Increase in Revenue
Coil Tubing Technology, Inc. (QB) (USOTC:CTBG)
Today : Wednesday 27 March 2013
Coil Tubing Technology, Inc. (OTCQB: CTBG), a leading provider of enterprise-class coil tubing products and services, announced that the Company has filed its Form 10-K with the Securities and Exchange Commission reporting results for the year ended December 31, 2012.

The Company's financial condition and results of operation improved dramatically in 2012 as compared to the prior fiscal year ended December 31, 2011. The Company continues to meet its goals of achieving year over year growth in revenues, gross profit and net income. Such improvements toward these goals are as follows:

The Company reported revenues of $7,764,984 for the year ended December 31, 2012, as compared to revenues of $5,541,131 for the same period ending December 31, 2011; an increase of $2,223,853 or 40%.
The Company reported net income of $752,268 for the year ended December 31, 2012, as compared to net income of $729,443 for the year ended December 31, 2011; an improvement of $22,823 or 3%.
The Company reported a gross profit of $4,344,722 for the year ended December 31, 2012, as compared to a gross profit of $3,315,261 for the same prior year ended December 31, 2011; an improvement of $1,029,461 or 31%.
The Company reported an increase of $1,020,235 in operating expenses, principally related to selling expenses, or 40% for the year ended December 31, 2012, as compared to the prior year ended December 31, 2011.
The Company's liquidity position improved by $2,145,907 for the year ended December 31, 2012, as compared to the prior year ended December 31, 2011; including a $1,176,564 increase in current assets and a decrease of $969,343 in current liabilities. Additionally, the Company continues to provide cash flow from its operations on a year over year comparison.
Lastly, the Company invested $1,323,887 in cash during the year ended December 31, 2012, primarily for the purchase of rental tools, machinery and equipment.

Mr. Jason Swinford, CEO of Coil Tubing Technology, Inc., commented, "During 2012, we experienced dramatic increases in the rental of our patented coil tubing products in the oil and gas sectors which in turn positively impacted the Company’s overall results and we anticipate we will continue to see very positive results in 2013."

Primary and fully-diluted net income per share for the twelve months ended December 31, 2012 was $.05 and $.04, respectively. Primary and fully-diluted net income per share for the twelve months ended December 31, 2011, was $.08 and $.07, respectively.

Mr. Jerry Swinford, Chairman of Coil Tubing Technology, Inc., commented, "During the calendar year 2012, we experienced very favorable results in expanding our product offerings both domestically and in Canada. In 2012 we continued to lay the foundation for future growth by expanding our patented product offerings through our sales networks. These efforts have resulted in CTT being able to expand its operational footprint into many different active oil and gas drilling regions to take advantage of the growth experienced by the oil and gas industry. Given the foundation that we have put in place during the last three years, we are already realizing substantially more revenues from all of our oil and gas services as evidenced by our results for calendar year 2012."

About Coil Tubing Technology, Inc.

Coil Tubing Technology, Inc. is a fully reporting public corporation located in Spring, Texas, and is the parent company of Coil Tubing Technology Holdings, Inc., a Nevada corporation, which in turn has three wholly-owned subsidiaries, Precision Machining Resources, Inc. (“PMR”) and Coil Tubing Technology, Inc. (“CTT Texas”), both Texas corporations and Coil Tubing Technology Canada Inc., an Alberta, Canada corporation (“CTT Canada”). The Company specializes in providing coil tubing products and service solutions to oil and gas clients on a regional, national and international basis. Its principals have been in the tool rental business for more than 40 years. For more information, please visit our website at www.coiltubingtechnology.com or call 281-651-0200.

[LGL8054]

Short Report coming down.
http://otcshortreport.com/index.php?index=CTBG&action=view

[back2basics]

I got the same message & I'm tired of waithing too. What are we going to do?

Looks like Kesha got tired of taking calls. We are definitley in a 12th Of Never mode.

B2B

[PC]

Got a notice from Kesha today. This is why people have no faith in the government . Tired of waiting!!!

[back2basics]

Last year I called CTBG and sked to talk to Jerry. The lady asked why I wanted to speak to him.

The instant I said the word "shareholder" she gave me a number to call. I asked her it was an attorney's nuber. She said it was. I said something uncomplimemntary about Jerry and hung up.

The man may be a brilliant oil tool designer, but as a CEO he's a weasel.

I've told before about BBB, tx Tower & I going by the CTBG shop after testifying on Swinford's behalf at the Nov 2009 hering. We made the trip to Houston on our own dime. Swinford's lawywers had called and asked us to testify at the hearing.

As we were getting out of the car to go into the office the secetary came out into the parking lot and said that Jerry wasn't there.

I asked her she rushed out to the parking lot every time a car pulled in or just when Jerry sent her out whe he saw someone he didn't want to talk to. She stood there in embarassed silence.

I said"Well, at least you're better looking than Ed Leonard. He used to handle all of Jerry's turn aways.

As I said Jerry doesn't like talking to shareholders. Weasel!

B2B

[IDRILL4GASOIL]

Hire someone to answer. The problem if they want someone to buy this thing information has to come. Maybe they don't killing it with wage. Shortsighted.

[back2basics]

"I really don't understand the lack of information"

That goes for CTT management and the DOE, in regards to GFCI.

I simply don't understand the mentality of CTBG's management in not divulging a wrd about their operations. Jerry hated investor phone calls. Maybe they avoid releasing information because they think a PR would generate phone calls. They owe their shareholders some kind a sign as to just what's going on with sales and services.

I've been thinking about sending a letter to the Houston office of the DOJ to try and find out what's going on. When I sent in my Victims Impact Statement and Restitution Claim, I sent it Registered Mail. I got back a signed copy of the Recipt Card. That's the only indication they even got the package I sent.

Except for notices on where the criminals are, I haven't heard from the DOJ since they sent me the claim forms.

I know some of you got notices that your claims had been challenged. I didn't get a notice so I guess I can infer my claim wasn't challenged. That is IF it's in their system.

I don't know what the DOJ's schedule is like, but my wife and I are on a Mortality Schedule. We're 76 & 77.

B2B

[IDRILL4GASOIL]

I really don't understand the lack of information. It seems to not work to anyone's benefit.

[back2basics]

The 02/08 Lock Up Agreement PR sounds like Bert may be in poor health. The PR about his resignation as Director mentioned his health as a reason for him stepping down

Taking this latest PR on face value, indicates that CTBG has a good future.

I still wish they would issue an Opertions Update.

B2B

[back2basics]

MAN! That would be a lot of monitizing!!!

Watch out!

B2B

[IDRILL4GASOIL]

I think it means there is a plan to bring in someone of interest to the Board and Bert may be getting ready to monetize his investment.

[back2basics]

Thanks Rex. With Swinford mentioning Bert's health, I suspect that's a big reson for the move. I don't think it would be in Bert's interest to put out a BS mention of a health problem.

Excuse my ignorance, but what does this mean?

Additionally, effective at 11 A.M., Eastern Standard Time on January 28, 2013, the Company’s Registration Statement on Form S-1 (File Number: 333-184443) was declared effective by the Securities and Exchange Commission.

I'm surprised it's up today, on heavier than usual volume, what with CTBG's Daddy Warbucks stepping back.

I have an aquantence that does occasional drive bys of CTBG and last I heard the shop was very busy. No report from inside, Just Mr Drive By's observation.

CTBG remains an enigma to me You would think they would report on their business.

B2B

[rex_rick]

Coil Tubing Technology Reports the Resignation of Herbert C. Pohlmann as a Director of the Company & the Effectiveness of Its...

Today : Monday 4 February 2013
Coil Tubing Technology, Inc. (OTC: CTBG.PK)(the “Company” or “CTT”), a leading manufacturer in providing new technology to the coiled tubing industry, specializing in the design of proprietary downhole tools used in conjunction with coiled tubing for the oil and gas services industry, today announced that Herbert C. Pohlmann has stepped down as a Director of the Company in order to reduce his work load and focus on his health, but will continue to serve as a member of the Company’s Advisory Board moving forward.
“We sincerely appreciate Bert’s contributions to the Company and his service as a Director over the past year,” stated Jerry Swinford, the Chairman of the Company. “Bert brought a wealth of experience and knowledge to the Board. While Bert has resigned as a member of the Board of Directors, he has agreed to continue to consult with and advise the Company as a member of the Company’s newly formed Advisory Board,” continued Mr. Swinford.
Additionally, effective at 11 A.M., Eastern Standard Time on January 28, 2013, the Company’s Registration Statement on Form S-1 (File Number: 333-184443) was declared effective by the Securities and Exchange Commission.

[back2basics]

Thanks Rex. I assume this is the same 887K shares they filed the Registration Statement for, in Oct. I guesss it's a good thing that someone was willing to pay $3.25 for 887K shares of a dormant stock.

I hope the Company isn't as moribund as their stock.

B2B

[Trinityz1]

I say thanks
and
as I started to read it
it gave me a headache
must be working too hard

[rex_rick]

Could not get to this with the IHUB link but try this...

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8967207

Cheers

[IDRILL4GASOIL]

No press release. I don't get it.

[back2basics]

Thanks Rex. Steady growth. I wonder if CTBG will ever issue any operations updates?

B2B

[rex_rick]

Here it is from IHUB

http://ih.advfn.com/p.php?pid=nmona&article=54547858


From pages 9 & 10 of the filing.....


SUMMARY CONSOLIDATED BALANCE SHEETS INFORMATION
JUNE 30, 2012 AND DECEMBER 31, 2011

June 30, December 31,
2012 2011
Assets (unaudited)

Current Assets:
Cash $ 637,592 $ 225,750
Accounts receivable, net 1,844,974 1,580,901
Other current assets 76,644 54,490
Total Current Assets 2,559,210 1,861,141

Rental tools, net 3,930,585 3,566,766
Property and equipment, net 537,862 500,696
Intangible assets, net 1,073,331 1,113,333
Total Assets $ 8,100,988 $ 7,041,936

Liabilities and Stockholders' Equity

Current Liabilities:
Accounts payable $ 802,588 $ 1,146,736
Accrued liabilities 461,202 276,820
Related party notes payable - current 155,556 155,556
Notes payable - current 61,617 73,818
Total Current Liabilities 1,480,963 1,652,930

Long Term Liabilities:
Related party notes payable, net of current portion 324,073 401,851
Notes payable, net of current portion 159,998 203,593
Total Liabilities 1,965,034 2,258,374

Commitments and contingencies

Stockholders' Equity:
Preferred Stock, $.001 par value, 5,000,000 shares authorized
Series A Preferred Stock, $.001 par value, 1,000,000 shares authorized;
0 shares issued and outstanding - -
Series B Convertible Preferred Stock, $.001 par value, 1,000,000 shares
authorized; 1,000,000 shares issued and outstanding 1,000 1,000
Common Stock, $.001 par value, 200,000,000 shares authorized;
15,651,827 and 15,599,327 shares issued and outstanding, respectively 15,652 15,599
Subscription receivable (800,000 ) (1,400,000 )
Additional paid-in capital 9,165,535 9,113,088
Accumulated deficit (2,246,233 ) (2,946,125 )
Total Stockholders' Equity 6,135,954 4,783,562

Total Liabilities and Stockholders' Equity $ 8,100,988 $ 7,041,936





-9-
--------------------------------------------------------------------------------



SUMMARY CONSOLIDATED STATEMENTS OF OPERATIONS INFORMATION
THREE AND SIX MONTHS ENDED JUNE 30, 2012 AND 2011


Three Months Ended Six Months Ended
June 30, June 30,
2012 2011 2012 2011
Revenue:
Product revenue $ 51,973 $ 234,914 $ 102,411 $ 437,238
Rental revenue 2,028,750 853,472 4,243,395 1,298,064
Total revenue 2,080,723 1,088,386 4,345,806 1,735,302

Cost of revenue:
Cost of products and rental revenue 682,441 333,786 1,334,444 609,284
Cost of revenue - depreciation of rental tools 245,235 106,928 469,433 165,439
Total cost of revenue 927,676 440,714 1,803,877 774,723

Gross profit 1,153,047 647,672 2,541,929 960,579

Operating Expenses:
Selling and marketing 514,634 248,835 1,033,763 421,092
General and administrative 373,609 127,355 680,950 312,271
Depreciation and amortization 60,265 39,362 118,187 76,845
Total operating expenses 948,508 415,552 1,832,900 810,208

Income from operations 204,539 232,120 709,029 150,371

Other expense:
Interest expense (4,699 ) (8,403 ) (9,137 ) (23,643 )
Total other expense (4,699 ) (8,403 ) (9,137 ) (23,643 )

Net income $ 199,840 $ 223,717 $ 699,892 $ 126,728

Net income per share :
Basic $ 0.01 $ 0.04 $ 0.04 $ 0.03
Diluted $ 0.01 $ 0.03 $ 0.04 $ 0.03

Weighted average common shares outstanding:
Basic 16,411,333 6,040,131 16,409,314 3,904,915
Diluted 18,732,517 7,013,346 18,730,498 4,878,130

[back2basics]

For some reason my coimputer wouldn't let me read the S-1. When I tried to scroll, it would jump pages at a time. Back & forth.

Looks like they are diluting by 887K common shares. Is that right? Couldn't find anything about earnings.

B2B

[back2basics]

Thanks nota, I hadn't noticed the S-1. I'll look for it.

B2B

[notanindex]

Funny - no one has commented on the S-1. We were wring they did release financials again and the numbers are pretty good. Ongoing dilution but growth was good.

[Trinityz1]

I agree
just goes to show they were always part of the scam
just untouchable

[notanindex]

never

[PC]

So when are those idiots going to get the financials out???????

[back2basics]

Since the R/S, CTBG has been on time with their Qs. If I'm tracking it right, they are now late.

Strange things with the bid. All over the place from $1.01 to today's $3.00. That's a more serious bid.

B2B

[notanindex]

Funny that bidder that has been around trying to accumulate lower suddenly ups the bid to $3

[back2basics]

I've heard nothing. The last fins came out on 5/18. I don't know when their Qs close, but it's probably the end of the month. The las Q may have been reported erly. Hopefully they'll be out by 8/31.

Today is the first green trading in a while. Rumors?

B2B

[PC]

Any News on Financials ???

[back2basics]

The key to this is that only whistleblower information presented before July 21, 2010 can qualify for an award.

By July 2010 everyone I know of had already contacted the SEC.

My guess is that you provided the link to anyone that might have qualified under the GFCI scam. Or did you mean it for CTBG? If so, what has CTBG done that might lead to a Federal investigation.

I'm not saying they haven't, but nothing jumps out at me.

B2B

[LGL8054]

http://sec.gov/about/offices/owb/owb-awards.shtml

[back2basics]

"They" sure as hell did. I'll not and try putting a Happy Face on 7,200 shares being traded in the span of less than 7 minutes, that took the PPS to $2.12.

I wonder if somebody, with relly deep pockets, sold himself those shares?

B2B

[notanindex]

They showed you! :)

[Trinityz1]

I believe you're right

[back2basics]

I don't think many want to sell below the 2.75 range. There has been several days when larger than usual blocks have bee traded in the 2.75 range. ~ 10K shares in 6 or 7 trading days. Trades that dropped the PPS lower than that have been in chunks of 200 or so.

Someone wants to scare people into selling, by dropping the PPS. IMO.

B2B

[Trinityz1]

I'm surprised the share price is even holding up

[back2basics]

I don't understand why they don't provide a scraqp of operations news. All the activity in shale plays use coil tubing. They could throw around words like Bakken, Marcellous and Barnet and liknk them to coil tubing and attract a lot of attention.

B2B

[rex_rick]

Coil Tubing Technology Reports First Quarter 2012 Financial Results
Date : 05/18/2012 @ 12:12PM
Source : Business Wire
Stock : Coil Tubing Tech (PN) (CTBG)
Quote : 2.25 0.0 (0.00%) @ 10:46AM


Coil Tubing Technology Reports First Quarter 2012 Financial Results
Print
Coil Tubing Tech (PN) (USOTC:CTBG)
Intraday Stock Chart
Today : Friday 18 May 2012
Coil Tubing Technology, Inc. (OTC: CTBG.PK)(the “Company” or “CTT”) a leading manufacturer in providing new technology to the coiled tubing industry, specializing in the design of proprietary downhole tools used in conjunction with coiled tubing for the oil and gas services industry, today reported its financial results for the quarter ended March 31, 2012.
“I am extremely pleased with our results of operations for the first quarter of 2012. I am proud of the results that Coil Tubing Technology’s team has accomplished over the past year, the results of which can be seen in our significant increase in revenue which demonstrates the demand for our products in the marketplace,” commented Jason Swinford, Chief Executive Officer of CTT.
First Quarter Financial Results (unaudited)
Sales revenue for the three months ended March 31, 2012 was $2,265,083, an increase of $1,618,167, as compared with sales revenue of $646,916 for the three months ended March 31, 2011. The increase for the three months ended March 31, 2012 compared to the three months ended March 31, 2011 was due to the increased inventory of rental tools and the expansion of the Company’s sales force and sales territories.
Cost of sales for the three months ended March 31, 2012 was $642,897, an increase of $367,398, as compared with cost of sales of $275,499 for the three months ended March 31, 2011. The increase in cost of sales was in direct correlation to the Company’s growth and revenue increase.
Depreciation expense on rental tools for the three months ended March 31, 2012 was $224,198, an increase of $165,687, as compared with depreciation of $58,511 for the three months ended March 31, 2011. The increase in depreciation was a result of the increase in the Company’s rental tool fleet and support equipment.
General and administrative expenses for the three months ended March 31, 2012 were $295,753, an increase of $116,919, as compared with $178,834 for the three months ended March 31, 2011. The increase was primarily due to increased legal feels, professional service fees and increased payroll costs due to increased staff.
Selling and marketing expenses for the three months ended March 31, 2012 were $503,215, an increase of $330,958, as compared with $172,257 for the three months ended March 31, 2011. The increase was primarily due to the expansion of the Company’s outside sales force and related expenses.
The Company generated net income of $536,993 for the three months ended March 31, 2012, an increase of $631,935 from the three months ended March 31, 2011, when the Company had a net loss of $94,942. The increase in net income was a direct result of the Company’s expansion of its sales force and marketing efforts, the increase in its rental tool fleet and inventory, and the corresponding increase in revenue described above.
The above financial information is unaudited, has not been reviewed or approved by the Company’s outside auditors, and as such, may not include all adjustments or accounting treatment the Company’s outside auditor may deem necessary; provided that such financial information, other than the disclosure of EBITDA, has been presented in accordance with Generally Accepted Accounting Principles (GAAP). Furthermore, the above financial information has been supplied without footnotes describing and explaining the information above which information may be necessary for an accurate understanding of the above financial information. Finally, the above financial information has not been consolidated to eliminate intercompany transactions. Readers should keep in mind that if the Company’s operating results for the quarter ended March 31, 2012, were reviewed by its outside auditors and were presented on a consolidated basis, along with footnotes describing the information presented, the Company’s financial results for the quarter ended March 31, 2012, may be materially different than as presented above.
Non-GAAP Financial Measures: The Company believes that the non-GAAP financial measures disclosed above, including the discussion of EBITDA, provide useful and supplemental information to investors regarding its quarterly financial performance. Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. They are limited in value because they exclude charges that have a material impact on the Company's reported financial results and, therefore, should not be relied upon as the sole financial measures to evaluate the Company. The non-GAAP financial measures are meant to supplement, and be viewed in conjunction with, GAAP financial measures.
As of the date of this press release, Herbert C. Pohlmann, our majority shareholder, has paid an aggregate of $700,000 in connection with various subscription agreements that he entered into with the Company in December 2011 which provided for him to purchase an aggregate of $1,600,000 of our securities and which required that payments be made to the Company at various times from December 2011 to May 2012. The Company is working with Mr. Pohlmann to revise and extend the due dates of the payments required to be made under the subscription agreements.
About Coil Tubing Technology, Inc.
Coil Tubing Technology, Inc. (CTT) began operation in February 1999. CTT supplies a full line of proprietary tools, manufactured in accordance with and to oil industry specifications. The core business of the Company is the development and marketing of specialty tools and related innovative technical solutions used with coiled tubing in the bottomhole assembly for the exploration and production of hydrocarbons. The tools are provided to oil companies, coiled tubing operators and well service companies for use in thru tubing fishing, thru tubing well stimulation workover, and CT lateral drillout operations.
For more information visit the Coil Tubing Technology, Inc. website at www.coiltubingtechnology.com.
Forward-Looking Statements
This press release contains forward-looking statements, including information about management’s view of the Company’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product or services development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct (i) its own forward-looking statements, except as required by law, or (ii) those prepared by third parties that are not paid for by the Company.

[back2basics]

I wasn't watching when the Ask was $30. Right now its' $2.75/$8.00.

The Bid/Ask tug of war has been interesting. It looks to me like a buyer is camped on $2.75 and occasionally someone gets tired of holding and sells him some low ball shares.

In the mean time a seller is sending the message "I've got shares for sale but you'd better be ready to pay ove $5.00 for them."

Then another sellor undercuts Mr Eight Dollars with a lower Ask. And so it goes.

I just posted on GFCI that Jarvis is gong to Court on May 10 to possibly have his tempory release revoked for possible violations.

B2B

[PC]

Do you see the ask is at $30.00? Somebody buy one share

[back2basics]

Somebody laid down $4,900 today @ $3.50. I keep telling myself that someone knows something good, that I don't.

Right away the Bid /Ask gap war went into action. Bid $2.75. Ask $5.00. Hang in there Asker!

B2B

[back2basics]

We can never know just what motivates folks into selling a stock. Having said that,unless the person that keep lowering the Bid toward the Ask is desperate for cash, they are making a mistake, IMO.

I still think some are accumulating and are trying to hold out for a lowere PPS. TI think te time at these prices is limited because I think there will besome very good news to demonstrate how CTBG has turned around.

With all the activity in developing oil & gas shales, CTBG has a bright , extended future. A well that is drilled and completd with coil tubing must be maintained by coil tubing for the life of the well.

B2B

[IDRILL4GASOIL]

I got some shares dropped into my account 2-3 months ago.

[back2basics]

IMO, the small drop today, on small volume, is similar to the 100 share pop to $4.95. on Monday. Manipulation to set up movement to either encourage or discourage the folks.

I think it will move up with news. Whoever was buying into the run was doing it on more news that the good financial report. A solid operations update will feed on the news of greatly improving revs.

Coil tubing is essential to the drilling and developing oil & gas shales and they are the hot ticket these days. The Bakken. Barnett, Marcelous and Eagle Ford shales are where increased production is coming from.

If Jerry has improved on his tool line, CTBG should be cashing in. All IMO.

B2B

[back2basics]

No change in my acct. EOM

B2B

[TampaTradr]

Havn't talked to my Uncle in Nawlin's lately but got this from him this morning:

"I got 149 shares of CTBG in my account out of the blue. Did you get any? Not complaining since it recently traded at $5."

He is a pretty active trader so I have to think this happened very recently, but I am waiting for an answer from him about when he received these shares.

Anybody else out there get CTBG shares recently?

He has been away from the whole GFCI/CTBG fiasco for a long time (he is the one that got me involved in it....thanks Unc!) so I am not sure what, if any, distribution he received before but funny that he recently (I think) got shares.

[back2basics]

Strangely enough, I have some trust in Swinford. I think he was lied to and screwed with by Dial. I don't think he's a crook. I do think he is a weak weasel.

B2B

[JohnB1]

Why would anyone that has followed this company trust swinford???

[back2basics]

A 100 share buy, 3 minutes before the close, does not send my heart a racing. Just raises questions as to what the hell is going on.

IMO, without wider market exposure CTBG won't run away from any body.

B2B