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Wednesday, March 24, 2010 6:15:08 AM
Mar. 24, 2010 (Business Wire) -- Clean Coal Technologies, Inc. (Pink Sheets: CCTC) will sign a joint venture agreement in China in early April, with similar agreements in India and the U.S. not far behind.
“We expect to sign our first joint venture agreement in China in early April,” said Doug Hague, President & CEO of the innovative company. “We’re still on track to expand our penetration into the China market.
“It is our first technical license agreement in China, and it denotes the continued acceptance of our technology,” he continued.
With CCTI’s new technology, coal becomes a cost-effective, efficient and extremely clean-burning fuel that could potentially reduce our dependency upon oil.
Hague added that Clean Coal Technologies’ India project is on track, with revenues expected in the near future.
As far as the U.S. market, Hague said that “The recent appointment of Randall Business Systems means we’re on track to sign our first technical license agreement before the end of the year.”
The company will be filing its 10K with the SEC soon. “All the fundamentals will illustrate that the company is sound and following our previously stated objectives,” Hague said.
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I would say that a few individuals here have a "growing" concern that CCTC is now a "going concern". HA HA LOL
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