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L2 super thin 3MM's till .10
Buys hitting the ask, VERT doesnt have much, he's never been a problem here and I dont see him sticking around long.
CTCC 18 mil Float Acquires ERX Energy, LLC. .025 Stock traded at .45 last year. New CEO in place, no dilution, super low float, moves on air.
CTCC 18 mil Float Acquires ERX Energy, LLC. .025 Stock traded at .45 last year. New CEO in place, no dilution, super low float, moves on air.
I emailed CTCC and the TA confirmed the float to be what they said.
18 Million. L2 is very thin on this one.
City Capital Corporation Acquires ERX Energy, LLC
City Capital Corporation (PINKSHEETS: CTCC) today announced the launch of its newly acquired subsidiary, ERX Energy LLC. ERX was formed to specifically target compelling technology and services in the alternative energy marketplace. ERX Energy, LLC will initially focus its efforts within the roofing industry, with specific concentration in the solar roofing design, manufacture, installation, repair, and maintenance arena.
Jeffrey Smuda, Chief Executive Officer of City Capital Corporation, stated, "2011 marks the beginning of a new direction for the company. City Capital Corp. has initiated a comprehensive debt restructure program that is already underway. The company has established a debt resolution team with the goal of restructuring ninety percent of company debt, and during the fourth quarter of 2010 divisions that were not maximized were liquidated. The company is currently liquidating its Sweepstakes, Laundry, and Petroleum subsidiaries to allow the company to focus on the high growth energy space. With our renewed focus on alternative energy services and technology, and a keen eye on corporate cost reduction and control, City Capital Corp. is confident that the company and shareholders will benefit from these measures as we look to expand our presence in the alternate energy industry."
About City Capital Corporation
City Capital Corporation (PINKSHEETS: CTCC), founded in 1984, is a leader in the production and distribution of emerging new technology. Its holdings include corporate owned retail stores and partnerships across the nation. City Capital through its subsidiaries and joint venture partners seeks to expand its presence in the alternative energy services industry.
Contact:
IR@CityCapCorp.com
City Capital Corporation
www.CityCapCorp.com
CTCC 18 mil Float New Acquisition today in the Energy sector. Keep this one on watch folks up 200% in under 10 minutes today, this flies with the float so low.
CTCC 18 mil Float New Acquisition today in the Energy sector. Keep this one on watch folks up 200% in under 10 minutes today, this flies with the float so low.
Wow what a day for CTCC. Looks like the company is following through with its plans. I look forward to more PR and website updates from them soon. The float is only 18 million, as we saw this went up 200% in under 10 minutes today. Hopefully we have a new base forming here. Great day for CTCC
Grabbed a starter position this morning. Looks like a new MM VFIN just joined the ask as well
CTCC 3 MM's on the bid now. 0159 No shares to be had, 18 mill float
CTCC .0159 Bid building 3 MM's deep now. 18 mill float
Coiled and ready to start the upward trend
CTCC 18 Mil Float .0159 News expected soon.
New CEO in place, stock recently traded at .45, has held this bottom range well. No Dilution, has lots of room to run back up to .10+
CTCC 18 Mil Float .0159 News expected soon.
New CEO in place, stock recently traded at .45, has held this bottom range well. No Dilution, has lots of room to run back up to .10+
Just stumbled upon this one. Is there any timeline for the ticker change?
Agree, been holding the .015-.016 range very well. No dilution, no sellers. Lots of room to run.
CTCC 18 Mil Float .0159, news and updates pending. Bottom basement prices here.
Stock used to trade at .45, new CEO and management in place, bring back value to the company. Received this email from CTCC yesterday. Looks like we can expect updates within a few weeks, these prices will look real good very soon, don't get left out.
CTCC 18 Mil Float .0159, news pending 5x bagger from here
Stock used to trade at .45, new CEO and management in place, bring back value to the company. Received this email from CTCC yesterday. Looks like we can expect updates within a few weeks, these prices will look real good very soon, don't get left out.
Email Update from CTCC
I emailed CTCC again to ask about their operations in Santa Monica and how the transition was going. This is their response
CTCC DD Post .016
Share Structure as of 1/20/11
Authorized 235,000,000
Out - 129,703,957
Float 18,313,754
Confirmed by CEO and TA
City Capital (CTCC) Welcomes New CEO Jeffrey Smuda
http://www.articlesnacks.com/city-capital-ctcc-welcomes-new-ceo-jeffrey-smuda
Letter to Shareholders posted on CTCC website
The Board of Directors of City Capital, Corp. would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2010, City Capital, Corp. began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies within several subsidiaries, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Companys acquisition efforts could be better targeted in order to generate a more profitable mix of sales.
City Capital, Corp. has recently begun a partner program with several key consultants throughout the nation. This program will enable City Capital, Corp. to focus on more efficiently managing the companys subsidiaries. The Company will be able to streamline operations, more adequately control costs, maintain a strict timeline, keep attention to detail, and develop a high quality team of professionals to effectively manage and grow City Capital, Corp.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Additional, the company has reduced debt, and continues with an aggressive debt reduction program. Finally, corporate books and records are being updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and expanding operational cash flow.
City Capital, Corp. will soon launch a new business development campaign. This new approach will focus on extensive use of the internet to broaden the global awareness of City Capital, Corp. subsidiaries, and expose them to more potential customers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a City Capital, Corp. The Company will also primarily target three specific areas in its acquisition strategy: companies with proven assets, positive cash flow, and proven management.
City Capital, Corp. has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Potential investors and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the company information in a concise, accurate, and timely manner. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, City Capital, Corp. will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Non-profitable segments will be sold or unwound. City Capital, Corp. will continue to focus on delivering a positive return on investment to its shareholders.
With these key areas of focus, City Capital, Corp. believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong sense of responsibility to the company shareholders as we embark on a new business development and acquisition campaign. City Capital, Corp. will focus on forming strategic alliances with business partners throughout the country, and the assimilation of specifically targeted profitable acquisition candidates. City Capital, Corp. management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2011 and beyond.
Excerpt from 8K Filed in October when Jeffrey Smuda was hired to takeover as CEO
CTCC DD Post .016
Share Structure as of 1/20/11
Authorized 235,000,000
Out - 129,703,957
Float 18,313,754
Confirmed by CEO and TA
Stock used to trade at .46 With Positive company news expected to be released soon a bounce back to .10 is not out of the question
City Capital (CTCC) Welcomes New CEO Jeffrey Smuda
http://www.articlesnacks.com/city-capital-ctcc-welcomes-new-ceo-jeffrey-smuda
Letter to Shareholders posted on CTCC website
The Board of Directors of City Capital, Corp. would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2010, City Capital, Corp. began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies within several subsidiaries, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Companys acquisition efforts could be better targeted in order to generate a more profitable mix of sales.
City Capital, Corp. has recently begun a partner program with several key consultants throughout the nation. This program will enable City Capital, Corp. to focus on more efficiently managing the companys subsidiaries. The Company will be able to streamline operations, more adequately control costs, maintain a strict timeline, keep attention to detail, and develop a high quality team of professionals to effectively manage and grow City Capital, Corp.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Additional, the company has reduced debt, and continues with an aggressive debt reduction program. Finally, corporate books and records are being updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and expanding operational cash flow.
City Capital, Corp. will soon launch a new business development campaign. This new approach will focus on extensive use of the internet to broaden the global awareness of City Capital, Corp. subsidiaries, and expose them to more potential customers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a City Capital, Corp. The Company will also primarily target three specific areas in its acquisition strategy: companies with proven assets, positive cash flow, and proven management.
City Capital, Corp. has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Potential investors and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the company information in a concise, accurate, and timely manner. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, City Capital, Corp. will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Non-profitable segments will be sold or unwound. City Capital, Corp. will continue to focus on delivering a positive return on investment to its shareholders.
With these key areas of focus, City Capital, Corp. believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong sense of responsibility to the company shareholders as we embark on a new business development and acquisition campaign. City Capital, Corp. will focus on forming strategic alliances with business partners throughout the country, and the assimilation of specifically targeted profitable acquisition candidates. City Capital, Corp. management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2011 and beyond.
Excerpt from 8K Filed in October when Jeffrey Smuda was hired to takeover as CEO
It looks like the new management in place might be taking the company in a different direction. It doesn't seem like they are doing anything with the sweepstakes deal they had before. I'm hoping the new CEO can give us some good news to see where the company is heading and bring some value back to the stock.
BKPR 19's up
CTCC DD Post Updated 1/30/11
Share Structure as of 1/20/11
Authorized 235,000,000
Out - 129,703,957
Float 18,313,754
Confirmed by CEO and TA
City Capital (CTCC) Welcomes New CEO Jeffrey Smuda
http://www.articlesnacks.com/city-capital-ctcc-welcomes-new-ceo-jeffrey-smuda
Letter to Shareholders posted on CTCC website
The Board of Directors of City Capital, Corp. would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2010, City Capital, Corp. began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies within several subsidiaries, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Companys acquisition efforts could be better targeted in order to generate a more profitable mix of sales.
City Capital, Corp. has recently begun a partner program with several key consultants throughout the nation. This program will enable City Capital, Corp. to focus on more efficiently managing the companys subsidiaries. The Company will be able to streamline operations, more adequately control costs, maintain a strict timeline, keep attention to detail, and develop a high quality team of professionals to effectively manage and grow City Capital, Corp.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Additional, the company has reduced debt, and continues with an aggressive debt reduction program. Finally, corporate books and records are being updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and expanding operational cash flow.
City Capital, Corp. will soon launch a new business development campaign. This new approach will focus on extensive use of the internet to broaden the global awareness of City Capital, Corp. subsidiaries, and expose them to more potential customers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a City Capital, Corp. The Company will also primarily target three specific areas in its acquisition strategy: companies with proven assets, positive cash flow, and proven management.
City Capital, Corp. has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Potential investors and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the company information in a concise, accurate, and timely manner. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, City Capital, Corp. will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Non-profitable segments will be sold or unwound. City Capital, Corp. will continue to focus on delivering a positive return on investment to its shareholders.
With these key areas of focus, City Capital, Corp. believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong sense of responsibility to the company shareholders as we embark on a new business development and acquisition campaign. City Capital, Corp. will focus on forming strategic alliances with business partners throughout the country, and the assimilation of specifically targeted profitable acquisition candidates. City Capital, Corp. management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2011 and beyond.
Excerpt from 8K Filed in October when Jeffrey Smuda was hired to takeover as CEO
CTCC DD Post Updated 1/30/11
Share Structure as of 1/20/11
Authorized 235,000,000
Out - 129,703,957
Float 18,313,754
Confirmed by CEO and TA
City Capital (CTCC) Welcomes New CEO Jeffrey Smuda
http://www.articlesnacks.com/city-capital-ctcc-welcomes-new-ceo-jeffrey-smuda
Letter to Shareholders posted on CTCC website
The Board of Directors of City Capital, Corp. would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2010, City Capital, Corp. began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies within several subsidiaries, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Companys acquisition efforts could be better targeted in order to generate a more profitable mix of sales.
City Capital, Corp. has recently begun a partner program with several key consultants throughout the nation. This program will enable City Capital, Corp. to focus on more efficiently managing the companys subsidiaries. The Company will be able to streamline operations, more adequately control costs, maintain a strict timeline, keep attention to detail, and develop a high quality team of professionals to effectively manage and grow City Capital, Corp.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Additional, the company has reduced debt, and continues with an aggressive debt reduction program. Finally, corporate books and records are being updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and expanding operational cash flow.
City Capital, Corp. will soon launch a new business development campaign. This new approach will focus on extensive use of the internet to broaden the global awareness of City Capital, Corp. subsidiaries, and expose them to more potential customers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a City Capital, Corp. The Company will also primarily target three specific areas in its acquisition strategy: companies with proven assets, positive cash flow, and proven management.
City Capital, Corp. has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Potential investors and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the company information in a concise, accurate, and timely manner. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, City Capital, Corp. will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Non-profitable segments will be sold or unwound. City Capital, Corp. will continue to focus on delivering a positive return on investment to its shareholders.
With these key areas of focus, City Capital, Corp. believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong sense of responsibility to the company shareholders as we embark on a new business development and acquisition campaign. City Capital, Corp. will focus on forming strategic alliances with business partners throughout the country, and the assimilation of specifically targeted profitable acquisition candidates. City Capital, Corp. management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2011 and beyond.
Excerpt from 8K Filed in October when Jeffrey Smuda was hired to takeover as CEO
CTCC DD Post .014 Huge Upside
Share Structure as of 1/20/11
Authorized 235,000,000
Out - 129,703,957
Float 18,313,754
Confirmed by CEO and TA
City Capital (CTCC) Welcomes New CEO Jeffrey Smuda
http://www.articlesnacks.com/city-capital-ctcc-welcomes-new-ceo-jeffrey-smuda
Letter to Shareholders posted on CTCC website
The Board of Directors of City Capital, Corp. would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2010, City Capital, Corp. began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies within several subsidiaries, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Companys acquisition efforts could be better targeted in order to generate a more profitable mix of sales.
City Capital, Corp. has recently begun a partner program with several key consultants throughout the nation. This program will enable City Capital, Corp. to focus on more efficiently managing the companys subsidiaries. The Company will be able to streamline operations, more adequately control costs, maintain a strict timeline, keep attention to detail, and develop a high quality team of professionals to effectively manage and grow City Capital, Corp.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Additional, the company has reduced debt, and continues with an aggressive debt reduction program. Finally, corporate books and records are being updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and expanding operational cash flow.
City Capital, Corp. will soon launch a new business development campaign. This new approach will focus on extensive use of the internet to broaden the global awareness of City Capital, Corp. subsidiaries, and expose them to more potential customers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a City Capital, Corp. The Company will also primarily target three specific areas in its acquisition strategy: companies with proven assets, positive cash flow, and proven management.
City Capital, Corp. has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Potential investors and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the company information in a concise, accurate, and timely manner. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, City Capital, Corp. will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Non-profitable segments will be sold or unwound. City Capital, Corp. will continue to focus on delivering a positive return on investment to its shareholders.
With these key areas of focus, City Capital, Corp. believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong sense of responsibility to the company shareholders as we embark on a new business development and acquisition campaign. City Capital, Corp. will focus on forming strategic alliances with business partners throughout the country, and the assimilation of specifically targeted profitable acquisition candidates. City Capital, Corp. management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2011 and beyond.
Excerpt from 8K Filed in October when Jeffrey Smuda was hired to takeover as CEO
CTCC DD Post .014 Huge Upside
Share Structure as of 1/20/11
Authorized 235,000,000
Out - 129,703,957
Float 18,313,754
Confirmed by CEO and TA
City Capital (CTCC) Welcomes New CEO Jeffrey Smuda
http://www.articlesnacks.com/city-capital-ctcc-welcomes-new-ceo-jeffrey-smuda
Letter to Shareholders posted on CTCC website
The Board of Directors of City Capital, Corp. would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2010, City Capital, Corp. began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies within several subsidiaries, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Companys acquisition efforts could be better targeted in order to generate a more profitable mix of sales.
City Capital, Corp. has recently begun a partner program with several key consultants throughout the nation. This program will enable City Capital, Corp. to focus on more efficiently managing the companys subsidiaries. The Company will be able to streamline operations, more adequately control costs, maintain a strict timeline, keep attention to detail, and develop a high quality team of professionals to effectively manage and grow City Capital, Corp.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Additional, the company has reduced debt, and continues with an aggressive debt reduction program. Finally, corporate books and records are being updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and expanding operational cash flow.
City Capital, Corp. will soon launch a new business development campaign. This new approach will focus on extensive use of the internet to broaden the global awareness of City Capital, Corp. subsidiaries, and expose them to more potential customers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a City Capital, Corp. The Company will also primarily target three specific areas in its acquisition strategy: companies with proven assets, positive cash flow, and proven management.
City Capital, Corp. has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Potential investors and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the company information in a concise, accurate, and timely manner. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, City Capital, Corp. will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Non-profitable segments will be sold or unwound. City Capital, Corp. will continue to focus on delivering a positive return on investment to its shareholders.
With these key areas of focus, City Capital, Corp. believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong sense of responsibility to the company shareholders as we embark on a new business development and acquisition campaign. City Capital, Corp. will focus on forming strategic alliances with business partners throughout the country, and the assimilation of specifically targeted profitable acquisition candidates. City Capital, Corp. management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2011 and beyond.
Excerpt from 8K Filed in October when Jeffrey Smuda was hired to takeover as CEO
CTCC DD Post Updated 1/30/11
Share Structure as of 1/20/11
Authorized 235,000,000
Out - 129,703,957
Float 18,313,754
Confirmed by CEO and TA
City Capital (CTCC) Welcomes New CEO Jeffrey Smuda
http://www.articlesnacks.com/city-capital-ctcc-welcomes-new-ceo-jeffrey-smuda
Letter to Shareholders posted on CTCC website
The Board of Directors of City Capital, Corp. would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2010, City Capital, Corp. began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies within several subsidiaries, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Companys acquisition efforts could be better targeted in order to generate a more profitable mix of sales.
City Capital, Corp. has recently begun a partner program with several key consultants throughout the nation. This program will enable City Capital, Corp. to focus on more efficiently managing the companys subsidiaries. The Company will be able to streamline operations, more adequately control costs, maintain a strict timeline, keep attention to detail, and develop a high quality team of professionals to effectively manage and grow City Capital, Corp.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Additional, the company has reduced debt, and continues with an aggressive debt reduction program. Finally, corporate books and records are being updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and expanding operational cash flow.
City Capital, Corp. will soon launch a new business development campaign. This new approach will focus on extensive use of the internet to broaden the global awareness of City Capital, Corp. subsidiaries, and expose them to more potential customers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a City Capital, Corp. The Company will also primarily target three specific areas in its acquisition strategy: companies with proven assets, positive cash flow, and proven management.
City Capital, Corp. has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Potential investors and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the company information in a concise, accurate, and timely manner. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, City Capital, Corp. will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Non-profitable segments will be sold or unwound. City Capital, Corp. will continue to focus on delivering a positive return on investment to its shareholders.
With these key areas of focus, City Capital, Corp. believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong sense of responsibility to the company shareholders as we embark on a new business development and acquisition campaign. City Capital, Corp. will focus on forming strategic alliances with business partners throughout the country, and the assimilation of specifically targeted profitable acquisition candidates. City Capital, Corp. management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2011 and beyond.
Excerpt from 8K Filed in October when Jeffrey Smuda was hired to takeover as CEO
I feel like CTCC could dip a little lower before people notice but that should lead to a nice rally. I'll be buying more on the way down if it keeps dipping. I dont see it dropping below .01 though, that seems like a good mental point that people perceive as the bottom where they would want to get in.
Hopefully the company comes through with some form of an update soon though.
I emailed the company they responded quickly and said they are working on updated financials and other information to get back to OTCBB status. They did said they will gradually release information over the next 6 weeks through PR's and their website.
I believe this company is looking to do this the right way and not just rush everything to put out a PR.
CTCC 18 Mill Float .017 right now. Traded .46 recently. New management is in place to bring value back to the company. No dilution, low float, moves on air. Working on financials for OTCmarkets
CTCC 18 Mill Float .017 right now. Traded .46 recently. New management is in place to bring value back to the company. No dilution, low float, moves on air. Working on financials for OTCmarkets
Slow steady accumulation on CTCC. Will pay off soon enough
CTCC 18 Mill Float 3 MM's left till .03 .019 right now. Traded .10 a couple months ago. New management is in place to bring value back to the company. No dilution, low float, moves on air.
CTCC 18 Mill Float 3 MM's left till .03 .019 right now. Traded .10 a couple months ago. New management is in place to bring value back to the company. No dilution, low float, moves on air.
I think this is a winner here, let people catch on to whats really going on with the company and this will move fast.
Getting a few hits at the ASK, gonna pop sometime soon
Picked up some shares yesterday. DD looks very interesting.
CTCC 18 Mill Float .02 5 bagger from here. Traded .10 a couple months ago. New management is bring value back to the company. No dilution, low float, moves on air.
CTCC 18 Mill Float .02 5 bagger from here. Traded .10 a couple months ago. New management is bring value back to the company. No dilution, low float, moves on air.