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That is an accurate statement assuming we ever hit a dollar.
Yeah the news is still spreading but I do not expect a surge in PPS tomorrow either way... I expect to stay in the .09?-.12 range on low volume...
Obviously if we don't have low volume my expectations for the day will change...
They are definitely purchasing new ships... And they now pay a miniscule dividend to try and dissuade shorts... But at what is about .01-.04 a share dividend depending on the issued shares which change daily it doesn't keep shorts that make 10-20%+ a week away...
They don't care about share holders until they don't have any left to dilute to... That is a fact proven R/S after R/S... By the way isn't this stock about due for another R/S?
I should clarify what I mean by "ran" by Wyoming Corporate Services...
WCS is a service that allows people to set up and function as an instate business when their actual physical presence is out of state... They will forward mail at various intervals for you and provide an 800 number that is answered for you etc etc so your company looks like it has an actual physical presence in Wyoming... There is an annual and monthly fee charged for these services it looks like the most basic package costs about $1000 a year in upkeep to Pitts from their website's pricing.
WCS has no interaction with the day to day running of any company they are a "caretaker" for...
It looks to be a shell company set up and ran by Wyoming Corporate Services... Which is owned by Gerald Pitts of Cheyenne, Wyoming... Mr. Pitts has never been accused of wrong doing, however several of the companies he has created/sold to third parties have been found guilty of wrong doing(mainly tax evasion)...
That being said the vast majority of the companies(2000+ total companies) registered to his address have never had an issue to date.
You are not wrong until the market closes in an hour and 10 minutes or so... Who knows maybe someone will buy a few million shares into close...
I expected more volume today personally and a more defined move one way or the other than what we have had so far today...
I think an operational plant by May 2018 is out of the question... A still under construction and out of the planning phase is probably the best that can be hoped for...
Once money actually flows in and construction starts I would expect more enthusiasm because as you noted if you have been here long enough this isn't the first time you have heard this ... Although it's the first time a reputable financier has been involved to my recollection... Please correct me if I am wrong about another financier as reputable as Piper Jaffray ever being involved...
Yes... Yes they are... It doesn't look like a PPS pop from this deal is coming until maybe October when they break ground according to several news articles they will break ground then...
An 8K with details could change that situation though...
If this low volume continues for the rest of the day I see a sub .11 close in our future... If volume picks up perhaps we will close near .12
I don't see a breakout happening today...
I am not to worried about that ... YET ... I do know several of these companies are tied to political high flyers in the state... Even Govenor Mead's wife owns one in Cheyenne along with her family's massive Ranch South of Laramie...
It could be an issue though if this was not a politically motivated choice as Wyoming did have several shell companies noted in the Panama Papers... Mainly because you can register a corporation in Wyoming and leave the owner's name portion blank.. or fill it in Scrooge McDuck if you so desire...
Low volume to start on such big news.... Seems investors have seen this one before.... I don't think we will see a substantial PPS increase until they receive? money and break ground... I think until that point people will be sceptical
It certainly has the possibility of being a big day...
Because every time there is a ship delivery Kalani starts selling shares into it.
That is a very realistic outcome... However ... I see two other possible outcomes as well
1. Fluff PR leads to temporary pop that if you trade it fast could lead to 50% + gains from the .10 level
2. Deal/investment announcement which obviously is the "Holy Grail" outcome here and would substantially?(several times over) increase the PPS
If I had to handicap it right now I would go 55% you are right ... 42.5% chance at the Fluff PR option and only 2.5% chance at a deal/investment
What did Google tell you....? Inquiring minds want to know...
Alot of volume today unfortunately it is in the wrong direction for longs...
Only 129 million more dollars of dilution left...
I was able to short shares at $2.26 yesterday .... Fidelity finally had some available...
And there is the greed factor that keeps people buying this turd. Might as well put the money you invested here into PowerBall tickets... You have about the same chance of making money.
Ouch for the DOE on that 407 million in grants for this facility ...
To bad CCTC can't get any of that money.... It is also concerning that after spending 7.1 billion on the Kemper plant Southern admits it will never be profitable as a coal plant...
It is a start in the right direction ... Coal obviously needs a West Coast Port to ship to Asia profitably... Which could possibly if CCTC's technology works as claimed be a boon for the company
They are still a long way off before anything is settled with the trial and then with appeals it is probably years away before any construction could start if the win...
I second that notion... At least be smart enough to take your investment off the table and play with free shares...
137.7 Million of dilution left... Go Kalani
The source was a public speach he just finished up covered by Cnbc/Bloomberg... Probably others that is where I saw it.
Yes, that is the goal... Otherwise CCTC's stock price will crater...
The question really is how do they aquire the capital to pay for these things? At what cost to the company and shareholders does this capital come? Can they even get the capital these moves would require?
By mid-june we should know the answer to these questions... If CCTC tries to push the goal posts back again with fluffy PRs sell and take your losses... Because if it doesn't happen in literally the best political landscape they will ever get then it isn't ever going to happen and it becomes about capital preservation...
Would be nice to get an update on the DOE testing as well...
Maybe after the next reverse split ...
It is possible he may let states decide
I mean I guess... And I could win Powerball's 300 million jackpot as well it is possible I bought a $2.00 ticket
Meh he is a lawyer... Albeit a very well educated one @ Northwestern
You are nowhere near correct on your 30 year supply of Nat Gas.
It is more like a 93 year supply of Nat Gas and that is just the reserves we currently know about.
https://www.eia.gov/tools/faqs/faq.php
There is an over abundance of Natural Gas ... Hence the cheap prices for it and it's futures.
Yeah it is weird that so many financial media outlets have changed their EPS positive or -.05 in the case of YahooFinance...
I am still operating under the impression that it must be a mistake somehow until I see a filing showing oh I dunno some sort of revenue these earnings could have came from...
But man I hope one of the positive EPS numbers is accurate...
So quiet on this forum today...
The two main reasons are Greed and Stupidity...
Unfortunately ... right now there are conflicting reports about "unnammed confidants" of Trump saying he is pulling out of Paris deal while the White House publicly says they haven't made a decision...
Question is who to believe... I think all the journalists involved are telling the truth about what sources say... As the White House publicly denies a decision has been made Trump himself is telling people around him the decision has been made and he is pulling out of the Paris deal...
This has been the way his White House has functioned on many occasions the White House official statement does not match what Trump says or tweets then the PR Machine? gets to work trying to explain what they really meant to say...
Bottom line I believe we are pulling out and it will be announced soon... In a "bigly" speech... Early this week
I also like NPR
Really....
You really think sharing public patent info on a message board about penny stocks is somehow dangerous or risky to the company...
Wow... Do you really think anyone who might be interested in stealing this technology couldn't just Google and find all this info? Your paranoia is intense ... Maybe smoke less "herb"
The filing shows 4 Million shares acquired at 0.125 NOT .0125
Big difference sir
In the past they have bought out partial shares with cash value... So if there is a reverse split more than 5-1 he would probably get a buyout of his less than 1 partial share left... Obviously this assumes they choose to buy out and not issue partial shares again...
GE and DRYS follow the NASDAQ and SEC rules for good and bad... If you do not like the rules then cast your vote for people who would change those rules...
Unfortunately for longs the rules are not in the individual investors favor...
Shocker!