Clean Energy Pathways, Inc. (CPWY)

[The Cheap Investor]

Here is what the S-1 Form entails:

"The initial registration form for new securities required by the Securities and Exchange Commission (SEC) for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange.

Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, as well provide a a brief prospectus of the planned security itself, offering price methodology, and any dilution that will occur to other listed securities. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel."

http://www.investopedia.com/terms/s/sec-form-s-1.asp

No matter how you spin it, investors were very disappointed with the net profit for the month.