Thursday, March 16, 2017 2:28:30 PM
New technology companies all have hurdles to clear. There are hurdles ahead for CCTC that no one has talked about directly. A reverse split has been mentioned. The last reverse split was a condition for financing from Ventrillion. The shareholder approved increase in authorized shares from 150M to 500M, which was done the day after Q10 was filed, was to enable the execution of an investor transaction according to the proxy. That transaction never happened, and Ventrillion didn't happen either. Many big coal companies are in chapter 11. They need court approval to spend money. Their hands are tied. So, how much will DOE pony up? How much does CCTC need? Will dilution make up the difference? All this and the biggest hurdle is still unseen by so many. Much, not all, but much of the conversation here is about what's behind, what's ahead should be of much greater concern. Do I believe in CCTC, yes. I own stock but, I don't own rose colored glasses. The rough ride isn't over. The real ride might be just beginning. This is my opinion and, you just wasted your time reading it.
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