Friday, May 20, 2022 7:21:53 PM
The immediate result will be to restore CCTC's OCTQB rating which is very important.
Aiden Neary said, "I worked incredibly hard to get on the OTCQB and then to retain it for 3 years by online filings along with a slew of other requirements. We dropped because our stock fell below $0.01. However, we will be reinstated once it goes back over it. We were / are compliant on every other requirement."
Then shares will be issued to settle up to $18M in debt. Obviously, this WILL heavily dilute CCTC, probably by a factor of ten. However, that does NOT mean the value of our current investment will drop by 90%... it could drop even more. But after those weak hands jump ship, look for it to rebound. Clearing that debt will be like removing a massive anchor that has been dragging CCTC into the abyss.
Just a wild guess (because I've been so accurate in the past, LOL)...
0.40 immediately after the RS; 0.02-0.04 after settling debts, rebounding to 0.10 as the storm clouds clear and rebuild funding is secured. It should rewind the clock ~5 years in terms of PPS, market cap, debt, and an actual test plant. I honestly don't expect us to hit 0.40 again until the first full commercial contract is signed, which might never happen... but a YES vote gives us HOPE of at least breaking even someday. Voting NO as a big FU to management will not have the intended effect as they'll be in line for millions in back pay... We will only be giving ourselves the shaft.
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