I have been away for a couple of weeks so must have missed some updates...

How do we know the plant is not moving in January and how do we know that the results were not as good as expected. Last I heard the results surpassed previous tests and they were on schedule for the move. Did they release something i missed or is this just made up speculation? Just becauas they do not announce their every move does not mean they are not accomplishing things.... that is called being commercially professional.

Nobody knows the timing of when the review by the DOE will be completed, probably not Robin or Aiden and sure as hell not me. What i do know is that the DOE requested to do a technical review and asked for additional tests. What i know is that those tests were done. What i also know is that the DOE work to their own timetable. I am assuming they are reviewing those test results. I am assuming that when they complete the analysis we will be informed one way or the other. Hence my comment that they are finalizing review.


If the US is anything like Australia the government works very closely with the universities partially because the brains are in the university. If that is the same here then I assume the DOE is working in tandem with UoW... but that I do not know.

We know they went to India and met with the minister for coal and the head of the 3 biggest Indian companies. Will anything come from it??? I don't know.. but India needs help and technology and the minister would not waste his time on a small pink sheet company unless he saw something there... just my thoughts but I think that the results of the last round of testing must have been very impressive for meetings like they had at that level.... just my thoughts...

Just my thought but I think we will be trading above $0.20 by the second week of January. MOU's, LOI's, hard deals in January with major firms (and Indian government) will push it higher. DOE finalizing their technical review, Capitol Hill moving forward with their coal push. Universities here and in Australia pushing forward. It is not lost on me the reluctance serious universities have in putting their name next to a tech company. It gives me a lot of confidence that they did their due diligence for more than 8 months before announcing their partnership with this small company. Just my thoughts. Time will tell if I am right or wrong.

Jim umpleby in 2016 received

Total cash compensation of $1,683,000 (which he received and is not owed to him by the company)
He also received stock and options for 2016 valued at $3,520,000
Additional incentives of $27k.

This gives Mr Umpleby a total salary of $5,231,499 for 2016.... and he actually received his cash into his bank account..

I think Pristine SA is what the universities will help with, both the university of Wyoming and the Australian universities. Bringing coal to a fixed carbon and the co firing it will be most interesting. It appears to me that they are positioning themselves for the medium to long term. The universities have vast resources and will help... just my 2 cents.

Test facility is 2-3 ton per hour. A commercial module is 30 ton per hour. (Depemds on type of coal and moisture content)....5-6 modules make up 1m ton pa. The benefit of this is that you do not run engineering scale up risk plus you add modules to meet your need. Also you take modules down for maintenance one at a time so you do not need to shut an entire 1m ton facility.

Hope this helps.

I would appreciate an explanation as to how a pre revenue company can raise funds without dilution? Perhaps there is a secret out there that I and the rest of the market is missing. Would love to hear it

Regarding forward looking statements I am not sure how many times posters on this board have explained that this is a standard disclaimer that every single public company uses. If they were to stop using that language I would liquidate my position as that would be a sign of negligence and I know that Aiden and Robin would not do that.

As i always post... everyone should do their own due diligence and assess the risks best suited to their criteria. I look at recent actions... last 12 months... not 6 7 or 8 years ago under different management. But I respect everyones opinion.

Garbone... I completely understand why your relative might assume that... I also agree that the concept of clean coal is hard to swallow... maybe cleaner coal is a more appropriate term... Bottom line is that whether one agrees with the use of coal as an energy source or not it is and will continue to be used into the foreseeable future. I also believe that the sustainable use of coal will be driven by technology. From reading the history of this company it appears like previous management had an agenda that was not aligned with shareholders intetests. I look at what we have now. This team took the SP over $1. Yes it fell back significantly and is recovering again.

I keep reminding myself that you do not get a sit down with the minister of coal for India as a small pink sheet US company without his team doing some level of due diligence.

My gut tells me that their biggest issue is limited eyes on the stock...I do know from speaking with friends in the financial world that they are limited and restricted in investing in companies below certain levels. If CCTI can get their SP up and market cap up I think additional institutional investors will come in...just my thoughts.

As was posted from the start... the bond came up as a potential option AFTER they had paid the deposit for a 2m ton license agreement. Contrary to what was posted this transaction was never contingent on bond issuance. Just my view but if you are building the first commercial 2m ton facility at a location surely it would make sense to move the test facility there.

India is a major leap forward for this company in my opinion. Relationships with universities in Australia is also a very clever move. India has major investments there. Anyone pick up on Adani Meeting? Look at Carmichael deal Adani have in Australia.. they need positive PR.... just a thought but consider the derivative products from coal... uni of Wyoming. Queensland university and Newcastle university. I have said this many times. The foundation is being built, strategic relationships formed, commercial contacts at the most senior level and at the same time cleaning up balance sheet eliminating legacy law suits...

I am at a loss why the share price is where it is but I am confident it will realign... just my opinion...

At what point were we "assured" the plant would be moved... inexact verbiage again?. Not for nothing but do we think that the trip to India might have dictated where the plant got moved??? Do they need to test their coal or not? Access to receiving international coal? Permitting? I have said it before and I will say it again... two guys have done a heck of a lot more in the last 10 months than teams of people could. Of course one can try and nit pick. Anyone can... but bigger picture and relationships developed is massive. Try and get a face to face meeting with minister for coal in India, CEO of Tata and Adani and Jindall.. after one has achieved that I think they can criticize.. until then I have backed my horse and am very very happy to have...

Excellent news.... trip to India - govt and business... partnerships with Australian govt and universities.. plant site confirmed... test results being announced.... not bad for two alleged "clowns"... exciting times

I would like to talk about the company history... not 5, 6 or 7 years ago but the last 10 months. What have they done?

1) eliminated all legacy lawsuits and created a situation where they have the right to countersue Soffin for all their legal costs
2) eliminated all convertible notes from their balance sheet with the exception of black diamond
3) signed a partnership with University of Wyoming after 8 months of due diligence
4) presented their technology to Rick Perry and has received written support from Governor Mead
5) working with the DOE who are doing a technology review
6) engaged Kiewit Engineering to design a commercial unit
7) recouped more that $500k through negotiation with third party vendors
8) received $100k as a deposit on a 2m ton pa facility in Wyoming
9)kept dilution to a minimum since July 1st

For the reasons above I believe that this company has a lot of things going on that they would love to inform the market about but I believe they are professionals and will inform what they can when they can.

I have no idea but I am sure that whatever it is it will not be enough for some.

I think a Press Release in the coming days and a webcast in the next two weeks.

There is simply too much going on not for an update but I also respect they are busy. But hey, what would I know.

To each their own. I am as entitled to my opinion that they avoided the fate of many larger companies as you are in your belief. A difference of opinion is good. I tend to avoid calling management names and discrediting the very group that stepped in and got this company to where it is. You are entitled to yours.

Is it just me that remembers that Pat Imeson through black diamond stepped in to finish the plant and pay for testing? The only people that can legitimately be annoyed about that are people that would benefit from this company failing. Personally I am grateful he stepped in. My guess would be that we would not be here today with plant and testing without him. Also good to remind folk how many multi billion dollar coal companies went bust while this little company pulled through. Just my opinion.

This management team is not basing their releases around the views of posters on this board. They never "promised" posting DOE results in November. They said they expect to release the results then. If any poster on this board has had experience dealing with the DOE they will know that you are dealing with third parties that at times you have zero impact on but it is important to do it right. I keep referring to the achievements of the last 10 months ( yes SP is not reflecting it yet) but I believe it will. Just my view

Last I checked they had 2 customers or at least 2 clients that have paid deposits... did I miss something or was that another one of those inexact verbiage comments?

Richard Horner is one of the most respected guys in coal academia because he brings a vast amount of commercial knowledge to the table given his successful life in industry. There is a planned agenda and time frame in place with UoW. It may not suit the investors in pink sheet companies who want daily news to boost SP but it is an incredibly important strategic partnership for this company in my opinion.

Absolutely agree. Contrary points of view should be welcomed. When backed up with actual facts that are contrary to what was posted it adds even more value.

Regarding being kept in the dark I feel that there are professional standards that need to be applied which at times are keeping things underwrap until they happen. UoW is am example. 8 months due diligence and when it is done we find out about it. Clients (especially professional ones do not want their name associated with a pre revenue tech company until they have completed their DD. Just a thought but maybe there is a lot going on behind the scenes that we simply cannot yet be informed about...

Great post Dsaul and Whitecoal. Always appreciate your commitment to relevant facts.

Important for everyone to understand that despite the posts that have been made by previous posters....
1) management did not make promises about moving the plant. I am not splitting hairs. It was posted that they did promise the plant would be moved in November which is 100% incorrect
2) management never ever stated that there would be no more dilution of this company. No management team ever would especially a pre-revenue generating company. How else are funds raised other than through equity if you are pre revenue.

I try to read posts very carefully and again I am very happy to correct, not clarify the above if I have made an errors.

This is exactly why doing your own Due Diligence is very important and not relying on posts which as pointed out above can be completely wrong.

Posts should be relevant and based on the company.in that spirit
1) management never ever promised that the plant would be moved in November
2) management never ever said that there would be no more dilution

Important to state facts when posting.

If I am incorrect in the above o am very happy to correct it not clarify it.

Micro king.... You do not remember it because it never happened. How can a pre revenue company raise funds without dilution?. Would love to understand that. When did the company promise not to dilute.

What "lies" have they committed now? Moving the plant? How do you know it is not in the process of being moved? Ever think that maybe given the appearance of UoW that maybe their plan changed to move it to their facility? Maybe... as plausable as constantly calling management liars.

2012? 5 years ago? ..... ha. personally I look at 2017 and look to 2018. Just my thought.

I agree Whitecoal. Indian government coming under huge pressure to address pollution. Pristine M could be a really good stepping stone for them. The word locally in Australia is that the larger Indian coal importers are getting increasingly frustrated with the Australian government. Carmichael mine is just one example. I think the composition of PRB coal would be ideal for Indian combustion as a blend for their higher ash coal....

I would be very surprised if CCTI are not all over this...

You are correct. My bad... WNP did not pull out they temporarily withdrew their application. I did not delve into all the transcripts as you have so I appreciate your update. I do know that there is a large cost upfront required by the bond purchaser and I do know that with the changes occurring in the tax regime there was a concern. Either way it appears they came across the bond and tried to rush it through before due process was completed. Either way the deposit was paid before they were aware of the bonds so I do not think it should have an impact but I may be wrong...

Re the earlier mail re universities funding. Again, I do not know in detail how funding works here in the US but I do know that in Australia energy divisions of universities are primarily funded by industry. Dow Chemical, Adani, BHP etc fund most of the energy divisions of universities in Australia. If management were able to partner with Australian universities then it is a direct in with industry.

Again, above are just my thoughts. Impossible to know what is around the corner. I can just believe that management are as incentivized as anyone to make this work. Skin in the game.

Correct, I personally believe it has zero impact. That is what I deduce. I also tend to believe companies that make public representations about deals as if WNP were actually lying then what would that do to their relationship with Wyoming?. Also, the commissioners office went on record to state the applicatiin was being rushed because WNP just recently found out about it. Again, I believe that given the license fee and deposit was discussed well in advance of WNP finding out about the bonds then their decision to withdraw from the application has no impact. Just my DD and the type of criteria that works for my investment decision. Every single person has different investment triggers that work for them, some have liquidity, some have the risk of dilution through convertible notes, some have independent quasi validations like UoW and some have looking at recent successes by the company. Others have what happened years ago. All are valid if that is what works for the individual investor.

On an other note, Adani are having serious problems with the Carmichel plant in my home country. I know management are aware of this. I personally think we are in for a really interesting and positive 5 weeks. Just my thoughts.

Per your specific request I am happy to clarify my earlier posts

1) Everyone should do their own DD and apply the information they obtain to their own investment criteria. I posted that I think looking back at what might or might not have happened 5 years ago is pointless but if that works for some people to make an investment decision then that is their right.

2) Fact: CCTI did not apply for this bond. Fact: CCTI engaged in a license agreement with WNP funded by PJ before WNP knew about the bond. Fact: Wyoming did not walk away as you posted. It is clearly stated that WNP pulled out of their application because of changes being made to tax bond applications and timing.

3) the value of a company is not its share price like a few investors might think but actually the market capitalization of the company. Using your dates and share price please note that 9 months ago the market cap of this company was $14.5m, yesterday it was $18.5m. Therefore the value of this company from the dates you gave shows an increase in the company value by 27%. I guess that is the market reflecting the important accomplishments of the company in the last 9 months.

Hope this sufficiently clarifies per your request.

Again, everyone needs to apply what data they obtain to their own investment strategy criteria. If dwelling on what happened years ago fits your strategy then great.

Good Luck to all.

Finally I will say, again just my opinion that these two guys have done more in the last 2 years during adverse conditions for all coal related companies then billion dollar companies that went bankrupt. BTW the management team of Peabody and Arch were paid a lot more and were actually paid. I am happy with the horse I have hitched my cart to but that is just my opinion.

I agree James E. Good thought out post. The numbers do work but I feel that when a few of these plants are actually built it would be ripe for a major takeover if management feel it is best for shareholder value.

I tend not to look at what happened 5 years ago. It is like looking at last months weather....pointless. I speak only for myself but to claim we are a long way away from the finish line indicates to me that the last 10 months of what has been achieved is ignored. I for one have been picking up the stock at these levels as I believe the University partnership will escalate this technology across the academic world. Let's see what other partnerships are formed. Remember, when universities partner and research technology it gets on the radar of governments and major coal players in that country.. BTW... Richard Horners number 2 at the university of Wyoming is Carl Bauer who was director of NETL (technology arm of the DOE) for many years....

I believe management have a very clear strategy in what they are doing. Just because we are not completely aware of it could be a very good thing. 8 months of DD by UoW and we knew nothing about it until it was closed. I suggest try talking to Robin or Aiden or attend a shareholder meeting and you can gauge them. I personally have a lot of confidence but hey.. I have been wrong before.

And to you Whitecoal and everyone else....enjoy the day.

What dreams are crushed? This company never applied for any bonds. They engaged in a license agreement with Wyoming New Power months ago and received a deposit of $100k. It looks like WNP in conjunction with PJ recently found out about these bonds and explored the chance of requesting them. With or without these bonds they will complete the license fee which is all CCTI cares about.

There should have been zero expectation placed on these bonds by CCTI shareholders as they were neither applying for or dependant on receiving them. If people wish to make a big deal about something that does not matter then fine.

Also it looks like WNP pulled out of the request because of changes being made to the tax law. Either way zero impact on this company.

I really don't know. I am sure that they have a reason for their timing. This is just my opinion but I remind myself everyday that it is 100% in their interest to see the SP increase and it is my view that they are smart guys so there must be a legitimate business reason for their timing.

Re the bonds... I am struggling to see whether it matters to this company or not if it is allocated to Wyoming New Power. My understanding is that Piper J has already agreed to fund the build out of a 2m ton facility. Bonds could be good but are they necessary?. I simply don't know. CCTI has nothing to do with the bonds. WNP has given a deposit on a license fee. That is all I care about as a shareholder.

Maybe I am missing something about these bonds and their importance to this company and I would appreciate any comments that might enlighten me. Thank you all.

It has two full time employees. Kiewit are contractors and are the group that ran the tests per the 10Q and previous press releases.

Hague left this company 8 years ago. Ignacio more than two years ago...lets try and be current as that is what matters. Today and tomorrow counts. Not years and years ago...

You can award someone a salary but if you do not pay it what is the issue? Has Mr Nearly sold stock? You live in the past with previous management. Again I ask whether people would go through years of no actual cash? I agree with the previous post. If people do not trust management, believe in the technology then they should not be in this stock.

I agree white coal. The fact that you actually look into the facts is why you are respected on this board. My point from the very beginning is that salary means nothing unless you actually receive it. It is just a nominal number. I ask again... How many people could afford or would elect to receive (As in actually get cash into their account) virtually zero salary for years... look closely again at the filings and you will see management put their own money in at 0% interest!!!! How many here would do that.... skin in the game is key....

Was Pat Imeson not the person that stepped in and fund this company when it had not even finished building the plant. The company was trading at below $0.05. Personally I do not care what he did prior to his investment in CCTI. That is history. To me all that matters is where are we today and where will we be tomorrow.

So yesterday we closed at $0.136. Today we opened with a sale and an ask at $0.13. 50k on the ask. So ask yourself why? Why would someone want to sell at $0.13 and then lower when the other asks were a lot higher..... mmmhhhh

In my opinion (just my opinion) i feel that there is little selling between where ee are and $0.15. Again, my opinion but legitimate sellers are holding on for what might be a good uptick. (just my opinion).

Sharing just my opinion i would say that your average seller looks for the most return he or she can get. So why sell at $0.13 when market is $0.136. My suggestion and again just my opinion is that they have a reason to do it.... so then i ask why?

1) desperately need cash

2) doing it to lower the price so margin call on potential short selling on borrowed stock is lowered

3) they heard something about the company that the rest of us have not

4) there are convertible note holders that benefit from a low printed price (there is no more variable convertible note holders in this company)

5) spread traders


All of the above is just my opinion. Like everyone here nobody knows but what is going on..but i feel these guys in management have a great opportunity and i believe in them.

http://otcshortreport.com/index.php?index=CCTC&action=view

Put in CCTC and you will see overall shorts in this stock. There are different types of shorts and also different ways to cover those short positions. As i posted some weeks back i discovered (and was shocked) that my shares were being lent out to cover shorts. If one watches carefully the way the stock is trading it is very clear that there are some folks trying to keep the stock down. This is part of being in this market place. I look forward to the day we move to a more reputable index.

Goodluck to all today... ding ding.

Motor City... i think you are right. Some mates of mine from Australia called me last night asking about this company. Apparently it is on the radar of the universities there. Who knows? Maybe it is. Maybe it is not. I hope your dream of SP comes through.

Judging pre open activity i think your dreams will be surpassed... shorts beware!!!!