Seems SHARES will B heavily diluted in the future.
This is why PPS has issues realizing gains here.
No one knows. Too many unknowns surround the company.
Many may be getting dates confused and have to think of things in a progress.
1st:
CHINA CAN't happen UNTIL CCTC finalizes the MOU with Tijuan Traders.
Once that is done, they can move on to the bigger picture.
INDIA REVENUES were also expected by the company about 4 months ago.
THEY NEED $$$
they have like 10k in the bank..(PER 10-k)
THEY LET YOU KNOW THEY NEED FUNDING ALMOST IMMEDIATELY
We do not know if coal processed using our technology is commercially viable
excessive dilution for our current shareholders
Our use of equity as an alternative to cash compensation may cause excessive dilution for our current shareholders.
Due to shortage of operating funds and low liquidity, we have issued shares and warrants as compensation for services, including board and officer compensation as well as compensation for outside consultants. This form of compensation has enabled us to obtain services that would not otherwise have been available to us but it has resulted in dilution to our shareholders. Unless we are able to obtain adequate financing in the immediate future, we may be forced to continue to obtain services through the issuance of shares and warrants, resulting in additional dilution to shareholders and potentially adversely affecting any return on investment
ALREADY A FLOAT AROUND 350m and OUSTANDING SHARES AROUND 430m?
(FYI) 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.
*We do not have such financing in place or available to us. Inability to construct the facility or to finance the construction thereof on acceptable terms, will adversely affect our financial condition.
THEY NEED FINANCING BAD..imo to continue operations + more
*During the year ended December 31, 2009, CCTC insiders did not purchase any of their own equity securities.
* They warn of excessive dilution for current shareholders : Our use of equity as an alternative to cash compensation may cause excessive dilution for our current shareholders.
jmo
gl
