InvestorsHub Logo
Followers 0
Posts 4722
Boards Moderated 3
Alias Born 03/05/2008

Re: None

Sunday, 04/04/2010 11:03:00 AM

Sunday, April 04, 2010 11:03:00 AM

Post# of 64365
Is company is need of CHAPTER 11 Protection?

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