Tuesday, March 23, 2010 1:14:39 PM
imo
retest coming..imo
CCTC stated in 10-q
**does not anticipate any significant revenues for approximately twenty-four months (from 10-q)
it happens
I even think there is something like that w TMEN
fyi
VP pay $6,000; Hague making $43,000 a year?
just read 10-q
you will see and understand.
Clean Coal has an accumulated deficit and a working capital deficit as of September 30, 2009 with NO REVENUES anticipated for the near term. Management BELIEVES Clean Coal will need to RAISE CAPITAL in order to operate over the next 12 months. As shown in the accompanying financial statements, Clean Coal has also incurred SIGNIFICANT LOSSES since inception. Clean Coal’s continuation as a going concern is DEPENDENT upon its ability to generate sufficient cash flow to meet its obligations on a timely basis and ultimately to attain profitability.
*Clean Coal has limited capital with which to pursue its business plan. There can be no assurance that Clean Coal’s future operations will be significant and profitable, or that Clean Coal will have sufficient resources to meet its objectives.
* management
may pursue either debt or equity financing or a combination of both, in order to raise sufficient capital to meet Clean Coal’s financial requirements over the next twelve months and to fund its business plan. There is no assurance that management will be successful in raising additional funds.
NO $$$$$ NO signifcant REVENUES expected !!
and if you hear SOME NEWS...I might also EXPECT
FINANCING NEWS...imo
afterwards
COMPANY DOESNT HAVE $$$$ TO CONTINUE OPERATIONS
THEY NEED $
Dont want to mislead..but isnt that what the 10-q says?
read the 10-q
maybe may get a little royalties from a Deal..if announced
ALL WAITING ON IT RIGHT?
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