Clean Energy Pathways, Inc. (CPWY)

[The Cheap Investor]

$193,558 dollars in accounts receivable and income. Parsons stated that the first week in August, Global generated more business than all of July. So for the month of August, Global should have revenue of $500,000 or more. If that comes to fruition, and Parsons can release the identities of a couple of small companies, then shareholders will have more reason to trust Global management. Then in September, Global should have enough money to have audited financials and I think that will be the catalyst for shareholder appreciation. Then I believe, Global's revenues will increase monthly and the stock can achieve multiple dollars. But I am not Parsons, so I will have to trust that he is doing what is best for shareholders.


What is interesting in the financials is that there is no salary for Parsons or Parrish. Also, contracted services, which I assumed was the biodiesel companies breaking down the Glycerine into Glyclene consisted of $115,854 for a seven month period while in July, contract services was only $70. So who is doing the work to covert Glycerine into Glyclene?