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CCTC Investors' Official Theme Song...
Gloom, Despair & Agony on Me
Let's hope so!
Great year ahead... maybe even this one!
I sense deja-vu. This must be Groundhog Year starring Laurel and Hardy.
Our Song of the Day...
Hall & Oates - Starting All Over Again
CCTC's well earned Song of the Year...
Tom Petty - Free Fallin'
One the bright side, we're only down 88.5% from our 52-week high on January 3rd, 2020.
As I understand it, their original construction funding fell through due to two COVID-19 related deaths.
Toxic note holders then converted and dumped those shares resulting in significant dilution and sending CCTC into a tailspin. Since January 3rd, CCTC is down 88%, 0.085 to 0.0102, and O/S have nearly doubled, 181Msh to 327Msh.
But, things are looking up!
The dumping appears to be over and the O/S have remained stable for 7 weeks.
CFO Aiden Neary wrote, "we are expecting the funding very soon... we are told it is imminent."
Those funds will cover assembly and testing of test plant 2.0, and carry them to commercialization in 2021.
Obviously, the decline in pps has far exceeded the dilution level. Based on the increase in O/S alone, CCTC should be trading at 4¢ right now, and once the funding announcement is made, I'm sure we will be... but a lack of confidence and communication is keeping us down. It's put up or shut up time for management.
If funding is received, test plant completed, and testing successful, CCTC could have two paying clients by end of summer and that could easily push us to a quarter... and might even spark a run to a dollar+ based on certain interested parties (e.g. Coal India). $$$
Thanks for the info, which could be more current than mine.
Regardless, I'm expecting an official update either next week or early January, but I could be wrong... again.
PR next week?
Sorry, my crystal ball must be broken.
As Richard Marx says, Should've Known Better.
T-plus 2 and counting...
Bon Jovi - Livin' On A Prayer
T-plus 1 and counting...
Sammy Hagar - High Hopes
No PR? Why am I in a good mood?
Because I believe...
Bryan Adams - We're Gonna Win
No partnership? Tell that to Aiden, because that what he calls it.
… the partnership i signed with ECED is actually developing with some meat being added to the bone.
Yep, good luck to all! Expecting big things next week. Not sure exactly what, but today's volume seems to indicate someone knows something. Perhaps there has been some activity at our site in Wyoming. I suspect we might have an up year, but then I also believe in Santa Claus.
Is it possible that CCTC received the first tranche of $2.5M and is buying back a few shares? What are the reporting rules on this?
T-minus 6 and counting...
38 Special - Hold On Loosely
Yes, $2.5M for the first tranche which will be used for reassembly. I assume the second tranche of $2.5M will be used for testing. I don't know the current status of that funding, but a while back Aiden wrote, "Yes, we are expecting the funding very soon... we are told it is imminent."
This is not breaking news... It was discussed months ago.
See post #59347
Yep. CEO Eves did not misspeak, but it was misleading, so the interview was pulled. Eves spoke of a larger deal involving Black Diamond. Of that, they expect to receive $5M in two tranches for assembly and testing. What about the oodles of cash Eves mentioned? Will it benefit CCTI somehow? Might Eves have been advising BD on a larger deal, perhaps involving Wyoming New Power? Or have those deals fallen through like everything else related to this company? Time will tell, so stay tuned.
For today's musical selection...
Stevie V - Dirty Cash
I hope so; I'm growing tired of waiting.
Stray Cats - Rev It Up and Go
Good choice. Let's hope and pray it's not, Another One Bites The Dust.
For my song of the day:
Tom Petty - The Waiting
Only 16days? Here's my song of the day...
Kellie Pickler - Closer to Nowhere
Darn, you guess it!
Hey, I never said what happens in 20 days.
T-Minus 20. Here's our Song of the Day...
Lionel Richie - Penny Lover
T-Minus 22... Song of the Day...
Journey - Don't Stop Believin'
I am not the one spinning an MOU as a "partnership."
If you have a problem with it, take it up with Aiden.
... the partnership I signed with ECED is actually developing with some meat being added to the bone.
You're missing the big picture. CCTC holds key technologies with global patents. I believe Wyoming sees Pristine-M as the savior for their flailing coal industry... and one way or the other, the test plant WILL be built. I hear their recent partnership with ECED is already developing some real meat on the bone, just in time for Thanksgiving! Once ACPIC/WIC is built and the SER and NETL set up shop, there is no doubt CCTI and their test plant will garner much attention. $$$