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Yep, I'm looking forward those announcements!
It appears I'm not the only one buying.
Yes, I'm very excited for 2022. Stay tuned...
I hope everyone has a Merry Christmas!
If we're lucky, we'll all get a lump of Pristine coal in our stockings.
I'm feeling much more optimistic than last year, when I named CCTC Investors' Official Theme Song as Gloom, Despair & Agony on Me!
Cartman, there's a good chance you're right... There's no guarantee that the vote will go their way, and even if it does, the details of any funding/restructuring deal are a mystery. That said, the future of CCTC looks a hell of a lot better today than yesterday!
Time to stock up... Bounce won't take long!
As I posted here, based on dilution alone, CCTC should be trading at 0.033!
To most, CCTC appears near death... but appearances can be deceiving, perhaps intentionally so.
You're right, the worst is over. Green today... I think we've turned the corner!
They only need one penny to restore OTCQB status...
and at this rate, a 1-for-100 RS should just about do it.
Yep, I haven't lost a dime since I've never sold a share.
While I have paused my accumulation pending the RS, I am hoping to add more next year. Despite everything that's happened, or hasn't happened, I still have a good feeling about CCTC. We shouldn't read anything into the lack of communication... I believe management made a deliberate decision to play their cards close to the vest.
On Friday, 11M shares traded dropping the pps by 0.03¢, from 0.0044 to 0.0041. Yet the day before, CCTC fell by 0.02¢ with only 512k shares traded. There always seems to be a buyer ready and waiting for these large dumps. Ask yourself, who benefits from a low stock price? How do these large trades take place without significantly moving the pps? Dark pools? Are insiders/investment partners looking to change the name and take the company private? Who the hell knows, but anything is possible. It would certainly be cheaper to do so by shaking out those with weak hands first. Yeah, I'm reaching... grasping at straws to help my sleep.
I feel sorry for whomever sold 11M shares today.
Seriously, he probably lost a small fortune.
This company is pre-revenue, so the true value of CCTC is anyone's guess.
While some see a lump of coal, I see diamonds, and I'll hold until my fingers bleed.
For me it's Beverly Hills or bust.
Either way, it won't be long now... LOL! $$$
What puzzles me is why Aiden returned millions of shares he was due to the company. That along with the fact they've avoided further dilution and filed those 144s makes me wonder if a certain number of shares, say 100M, might be required for a funding deal. They might barely be able to cover it without an increase in A/S. I'm only speculating.
It might be wise to change their name to focus on the byproduct/rare-earth extraction aspect of their technology... Something that would mesh well with the coal-to-products research to be done at the adjacent Wyoming Innovation Center.
No, never... But I did pretend you were smarter than a 5th grader.
Absolutely! Shady businesses like:
Facebook >> Meta
QCS >> AOL
BackRub >> Google
Sound of Music >> Best Buy
Research in Motion >> Blackberry
Brad's Drink >> Pepsi
Tokyo Tsushin Kogyo >> Sony
Blue Ribbon Sports >> Nike
DrivUrSelf >> Hertz
AuctionWeb >> eBay
Computing Tabulating Recording Corp >> IBM
Pete's Super Submarines >> SUBWAY
Wards Company >> Circuit City
Firebird >> Firefox
Confinity >> PayPal
Jerry's Guide to the WWW >> Yahoo
I've never pretended to have secret good news.
That's very possible. Let's hope that's the case.
It might also come later depending on the needs of a specific investor.
Yes, even without an increase in A/S, a RS will likely cause CCTC to take a tumble because it shows weakness.
However, the RS will be necessary to boost CCTC's PPS high enough to restore its OTCQB status. That's very important because OTCQB securities are less risky than Pink, and that could open up certain funding opportunities. Aiden said he worked hard to get that certification and only lost it when we dropped below a penny. All other requirements have been met. We've been dipping below a penny for more than a year, and attempts to limit dilution have done nothing; that is, no dilution for 3 months, but our pps continues to decline.
Two years ago, CCTC traded at 7.6¢ with 181M shares outstanding.
Today, we trade at 0.0048 with 414M O/S. Based on dilution alone, that should be 0.033!
In many ways, CCTI is in a better position now that two years ago... $1.2M kiln on site, ACPIC/WIC construction is half complete, new global provisional patents were filed for the second-generation process, and after 9 long years, patents were finally approved in several key countries including Canada, India, and South Africa.
Pristine-M clean coal technology is needed now more than ever! Global coal use is increasing, not decreasing.
Hard as it is to believe, under our current green administration, coal-fired generation in the U.S. is up 22% in 2021 vs 2020, the first increase since 2014. (source: www.eia.gov)
I guess electricity to power those new-fangled electric cars had to come from somewhere now that certain pipelines were scrapped.
So why does CCTC continue its downward trend?
Why has management done so little to reassure retail investors?
I have my suspicions. Things are not always as they seem.
$$$
I suggest those with doubts do some digging. I don't believe things are as dire as they appear. I'm down well over a hundred grand on my investment with CCTC, and I honestly want to buy more... that should tell you something. Pick up the phone and contact potential clients and industry insiders. If (possibly a BIG IF) funding can be raised to complete the improved plant and tests are successful, Pristine-M could be wildly successful. Just remember, CCTC is high risk, very high reward. Never invest more than you are willing to lose on any penny stock... and never trust anyone, myself included, on anonymous message boards.
Name change sounds like a great idea!
Trump's Dust-Free Clean Coal
Ok, maybe not.
I'd go for either Pristine Technologies, Inc. or Pristine Feedstock, Inc.
Take the word "coal" out of it entirely. I'm certain that has created a barrier to finding the necessary funding.
My preference is for PTI, but that company already exists in India where they manufacture rubber washers and seals.
PFI might be the better choice. With any luck, many will believe PFI produces feedstock for cattle.
Somewhat puzzling... NO vote to increase A/S!
Yep! The new Chairman of Jindal Power, Anil Kumar Jha, could soon be shipping the first 500-tons of coal to CCTI for testing once final assembly is completed... any day now?
Yes, I believe the future is bright for CCTC!
Nothing new... Those quotes have appeared in every quarterly report for years.
10Q is out. Nothing new, good or bad.
O/S remains at 414M shares; stable for 10 weeks now.
Assembly is expected to be completed in Q1 2022, assuming they can raise the needed funding.
Yes, I only wish I could buy more!!!
Just a hunch. 10Q is due in 2 weeks and shareholder meeting must be held this calendar year. That requires 30 days notice, and it certainly won't be held during the holidays. We should see a DEF 14A proxy statement that'll detail the shareholder vote on the RS and an increase in A/S. As a reminder, in 2016 shareholders voted to increase A/S from 150M to 500M shares to facilitate a deal that apparently fell through. I suspect a similar deal to be announced... again, just a guess.
Great to see the CCTC crew in action...
CCTC Corporate Video
Wow, impressive gains today! I love this stock... It's going to make me rich!
Yes, Cartman, I'm probably delusional; drunk on company kool-aid.
Wild guess... announcement in 2 weeks.
Exactly. And with an increase in BTU of 33%, there's 25% less coal to transport which means 25% lower shipping costs.
Shipping rock is not cheap; often more than the cost of the coal itself. However, upgrading coal to Pristine-M is not cheap either. The improved process utilizing the new kiln should lower capital costs and enable automatic extraction of valuable byproducts and rare-earths which can be monetized. Once proven economical on a large scale, even just barely so, this dust-free clean coal should sell itself.
More likely, they're trying to get it back over 1¢ to regain their OTCQB status.
According to Mr. Neary, the drop below a penny was the only reason they lost it.
OTCQB is a higher tier than Pink, and has several requirements including regular reporting.
Institutional investors regard this market as more legit and less risky than Pink.
Regaining QTCQB status could be critical to obtaining financing for the rebuild.
I'll vote YES. It'll be painful, but not as painful as the alternative.