CTX Virtual Technologies, Inc. (CTXV)

[eye_ater]

Here is some more info on the Illinois Coal basin. Good to see PCAI holding here, should start to get interesting soon leading up to the Aug 3rd closing date as mroe info comes out on this merger candidate. Back to work for me now.

Illinois coal resources hold more BTUs (British thermal units, a measure of heat) than all of Saudi Arabia's and Kuwait's oil reserves combined. The electric industry is by far the largest user of Illinois coal. In the United States, 52% of the nation's electricity comes from coal generation. Coal makes up nearly 85% of the U.S. fuel resources and, at present rates of consumption, should last for more than 250 years. Thus, coal is expected to be an important part of the energy mix for a long time to come. By year 2020, electricity consumption is expected to grow by 35% in the United States and by 70% worldwide. Much of this increase is due to computer use, proving that even in this modern computer information age, we still need coal! Finally, coal provides nearly $1 billion dollars a year to the economy of the state, and continued study of coal resources is needed to improve the overall economic outlook of Illinois.