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What do you say to those who think it’s moronic to hold this stock long-term? Particularly those who make the argument that the opportunity loss from having funds tied up here have probably cost investors lots of money over that same term?
“Clean Coal Technologies has also committed $1 million to the school for commercial coal beneficiation technology.”
https://www.jhnewsandguide.com/jackson_hole_daily/local/article_f1a562bc-d20a-5a0d-9b70-ca0a8055eaae.html
Agreed/Point taken. But the sentiment here is that the company itself is incompetent. A hail mary pass leading up to 2020 could happen, but not with the current leaders of the company. Someone, anyone,
even marginally smarter than the incumbent dipsticks would have to drive this to make anything happen.
If Potus is voted out in 2020,
this thing gets buried.
Getting ready to “commence testing of coal” and “move to commercialization” should take as long as it has taken. Perhaps one of the Ph.d. candidates studying this..whatever it is...will figure out what the company’s dimwit management hasn’t been able to, and get it across the goal line to commercialization. Place your bets if the university. Not the failed execs.
Everyone loves a good success story. No one, including me, wants to see this company fail. But wants, hopes, and prayers notwithstanding, these guys have not done anything that would convince someone knowing better that that are A) in possession of anything worth holding this stock longterm and B) competent business practitioners. Just my opinion though. GL.
You need to subtract DOE from the equation. There appears to be more competitive (and competent and credible) entities the DOE could work with, without having to explain to taxpayers and Congress why they chose to work with a company with such a murky history.
If you reject that, the shear number of companies that would almost instantly bury this one if there was anything there by way of “clean coal tech” should make your head spin. There’s no way these morons pull anything off.
The writing on the wall is bright red and flashing at this point. Not sure why folks continue to circle the drain on this one...
Cheers to the most incompetent business practitioners in modern times. Here, here!
Almost there folks! After so many years, we’re right on the brink on success!
Not! I guess everyone is just fine with being jerked around by CCTI?
Someone really should have to answer why there have been and continue to be so many missed milestones. And prove that they’re running a legitimate business operation.
Red flags are soaring at this point. Obviously.
Tee up the counsel, I say.
Ever get tired of being disappointed? Clearly this is going nowhere fast...
Assuming you do not have access to his/her but/sale history..(?) “Green” in this context is relative to when he bought in. Green to you could still be in the red to him and others.
Either way, I’ll be shocked if this thing makes any notable movement north. Management is saying all it needs to through its silence, imo.
Congrats on finally cutting your losses. Everyone else should probably do the same. This thing rotten, and has been for some time.
So...how many years have you all been chasing your tails on this company? When do you call a spade a spade...?
100% agreed. This is as optimistic as anyone should get over this company at this point. Their geopolitical ship has just about completely sailed off it seems. Without that push, I don’t think anyone else really cares about this company’s technology, and it is unlikely that the sp will go north in a substantive manner unless there’s something I’m missing here (over the past few years).
The management’s actions suggest that they are either grossly incompetent or fraudsters. I hope it’s the former, for their sake.
Let’s hope it doesn’t, anyway.
Anyone watch American Greed?
Shocked these clowns could have another crack at it. I’m sure they’ll fail to capitalize on any new opportunities, though.
https://www.utilitydive.com/news/federal-government-issues-rfp-for-coal-plants-of-the-future/543911/
Anyone here ever watch American Greed? That’ll give you a warm & fuzzy about this company’s practices for sure. Hope these folks clean it up soon. Another year of fake progress could lead to something ugly.
Time for some legal accountability perhaps?
Wondering how much begging that took. Counting down until this thing goes kaput.
Not sure that he cares. Nearly likely cares more than Eves.
Yes, Keep holding until management reports that they have nothing significant to report. For the next year...again...
Wash, rinse, repeat.
Get out while you can would be my advice.
Agree. And, would add that although some continue to reject the facts that lie in front of them, the company has very clearly demonstrated what is capable of.
To those who continue on in their blind optimism, i would caution that it is not beneficial to not call out the company’s management for failing to meet their own deadlines.
Creating colorful justifications for such things only perpetuates what the group is witnessing today - questionable business practices and a general lack of urgency.
Hold these people to account.
Anyone remember the the time(s) when the company said ‘up-listing’ to a more legitimate stock exchange platform was immanent? There’s likely a reason why is was not immanent enough for CCTC to actually make it happen...
“most competition from then is gone”
It’s gone because this is moot. Everyone else, with significantly more capital and business acumen, knows that this ‘potential tech’ is unlikely to matter in the unlikely even that this mom & pop shop actually commercializes it successfully.
Just imagine how much progress in the energy (tech) sector has been made since this company first claimed it had something, without proving it...
I doubt any one gives a rats about this company or its multiyear promise that the commercialization of its “tech” is imminent. Just my 2 cents.
What’s the side hustle if they’re really only taking shares in lieu of salary? Meaning: who feeds these incompetent failures?
I’d imagined no one, not even you, is altruistic enough to starve themselves for the sake of ‘clean coal’.
“Only EVES and neary know...time will only hurt us...”
They’ve known this for some time now, but apparently still have not been able to capitalize on what fell in front of them in the fall of 2016. At this point, time will kill (is killing) the company. It’ll all be moot soon enough.
Not sure what leads you to believe the “real” sp will be revealed ‘soon’. Sounds like more of the baseless, hopeful posts that s been shared about this company for years. I’m quite skeptical about the sp being worth more, especially considering the huge hole CCTC is in. Weren’t they recently begging for help fearful of going out of business, or something to that end?
Participation in a conference sounds lucrative (not really)...I’m sure this will be a big nothing burger, if the company’s history is any indicator. These folks probably couldn’t close a deal if it meant the difference between life and death. Ironically, if they can’t finagle some cash flow soon, it could be the end of this slow, years’ long bleed out, which has been painful to watch. And even more painful to witness numbers of folks in denial despite clear evidence
that the company has consistent failed in one aspect or another. What kind of company fails to meet its own deadlines???! Ha
Eves is a moron. It’s unlikely he’ll get anything done if history is any indicator. The management is incompetent.
Relying on historical evidence and a common sense approach will likely lead you to a similar conclusion. Generally, those who continue to reject the reality that the company has consistently fallen short on meeting objectives it has set for itself are the ones who feel hurt by statements like Cartman’s. The charge is rooted in reality and can easily be backed up.
Another year will close out with no revenue. Let’s all take a look back at what the company said it would be doing by now (any number of) years ago. Although this is quite the forgiving crowd, it still remains that the company has not delivered on what it said it would by now—on multiple fronts. I’ve honestly never seen another company operate in this manner.
clown show here.
Are you seriously thinking this company is going to miraculously do something different than it has been doing over the last few years (at least)...now?
Common sense says you should either make your money on the daily movement or cut your losses at this point.
My opinion is that the company doesn’t appear to have been able to prove that its tech is commercially viable before the “let’s bring coal back” ship capsized. Even if it had done so, it would’ve still needed to sell the products/process, which is another issue.
But, Referencing potential ‘interest’/foreign customers is smart on the company’s part, though...abstract.
Why stick your neck out for a company that can’t even get the fundamentals down?
Obviously the guy has been sitting on his ass. Unbelievable really.
So, what’s the next milestone that this company is supposed to reach in the near term? Honestly, i stopped following closely after bearing witness to so many missed deadlines and “deals” that fell through. Thanks in advance!!
Excellent question. Likely answer: the company’s executive probably “oversold”...again. I’m sure this is not surprising to anyone here.
Unrelated: Anyone seen the show American Greed? Scares me... “A fool and his money are soon parted.”
It’s unlikely this stock will make anyone rich. Maybe a few/several thousands at best between now and the time it ultimately goes caput (which probably will be sooner than we’d like to think).
To invest in this company is to fund the continuance of a years-long boondoggle imo. The red flags are ubiquitous at this point and, quite frankly, i’ve never heard of or witnessed any legitimate company operating in the manner that this “company” does. That isn’t to suggest that the company is fraudulent, but rather its management team apparently severely lacks business acumen and the ability to get anyone to take the company seriously as evidenced by its constant, major shortcomings.
The shareholders continue to keep the company’s execs fed while those execs continue to play whack a mole. That’s just my opinion about it all.
Hate to hear this. Nothing suggests that it makes sense to hold and continue to miss out on profitable opportunities. This team/company simply can’t cut it. if there was really something there, a legitimate big player would have at least shown substantive interest in buying these clowns out. If there were something there, we all would have known it long before now.