Sunday, April 04, 2010 11:03:00 AM
Is everyone aware what happened to MESA AIR?
They weren't planning on it, but then did, and followed through with it.
Is it CCTC's case?
*FOR SENSIBLE PEOPLE:
CCTC said that they anticipate revenue with 45 days of INDIA LICENSE CONTRACT in DEC 2009. It has been WAY PAST 45 DAYS. It has been over 4 months.
They need IMMEDIATE FINANCING (they have stated)
They thought they would get revenues already.
Is CH 11 in their future?
I don't know. I just see red flags ahead.
THEY HAVE NO CURRENT OR ACTIVE REVENUE.
INDIA is NOT EVEN IN THE 10-K (unless I overlooked it)
DOES ANY OF THIS MAKE ANY SENSE?
http://bb.us.advfn.com/boards/read_msg.aspx?message_id=48559680
THEY NEED TO RAISE MONEY....I WONDER WHY ASIDE FROM WHY THEY NEED IT FOR?
http://bb.us.advfn.com/boards/read_msg.aspx?message_id=48559806
They have franchise type of business. IMO they don't need much..imo bc they don't handle all of the costs it seems.
They need to raise like $20m....WHERE IS THAT GOING TO COME FROM.
WHAT ARE INDIA REVENUES...IF ANY...(SINCE NOT in 10-k) I imagine it wont be much. CCTC even said it won't be significant.
SOMETHING FISHY?
http://bb.us.advfn.com/boards/read_msg.aspx?message_id=48541405
JUST BASICALLY BUYER BEWARE
Think it is a better to trade then to invest as a "good investment" imo
until some UNKNOWNS are KNOWN...imo
READ CCTC's 18 RISK FACTORS.
Don't tell them they didn't warn you if things don't work out as planned.
I think CCTC is a value maybe around .03 - .-05
imo
READ:
http://bb.us.advfn.com/boards/read_msg.aspx?message_id=48451692
CHART(s) can be deceptive here..imo
and anyway....chart doesnt look bullish..imo
gl
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