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Tuesday, April 13, 2010 7:49:19 AM
I AM SORRY TO INFORM U.
CALL THE EDITORIAL DEPARTMENT yourself @ 212-512-6839
With CCTC only having about $9800 in the bank. The ad runs close to $1M for a full page, color ad
Was told it was clear as day. What east/west COAST copy?
ROFLMAO
SAYS ADVERTISEMENT AT THE TOP. I WAS TOLD IT IS CLEAR AS DAY
It seems like DOUG HAGUE IS BEING MISLEADING.
HE talks of how an HONOR IT IS.
February 2010, Clean Coal issued an aggregate 20,350,000 common shares to consultants for services."
I wonder who is pushing it?
But in regards to being FEATURED in business week...THE ARTICLE THAT BUSINESS WEEK WAS DOING ON THEM SEEMED A TAD SPUN.
READING THE PR made me think that Business Week singled them out to do a story.
After seeing the article, it turned out to be an AD
OMG. Wasn't that a white lie? He was right that CCTC was going to be in business week. But he failed to leave out some things that would MERIT a decision.
IMO
Business Week is credible and many would want that in order to get funding.
"What gets me is how the CEO stated "How honored he was" that CCTC was mentioned in this supposed article." QUOTE
the point is... the CEO of CCTC used this in a PR as an effort to give legitamcy to his company that Business Week had singled them out to do a story on them because of their bright future and BUT it is a paid ADVERTISEMENT...any company can work up an "interview" and pay any publication to print
it...there is NOTHING special that BW came to them to research or comment on.. it is a CCTC controlled ad.
And when they speak about the deals, etc...It seemed that WHEN it is good MNGMT is overly excited and love to shout it out and say.. WE EXPECT... WE ANTICIPATE..... revenues, contracts. etc...
DOUG HAGUE SEEMED WAY OFF BASE...imo IT WAS MISLEADING. And in that case...I would also suspect he may think the same regarding these deals?
IMO- Anybody pushing this company is after your money. If you buy this you need to just send me your money.
This has all the information you need to know:
http://www.faqs.org/sec-filings/100329/Clean-Coal-Technologies-Inc_10-K/
SOME THINGS BOTHER ME:
The ceo hit the jackpot:
On November 1, 2007, Clean Coal entered into an employment agreement with its President and Chief Executive Officer whereby the President and Chief Executive Officer is entitled to a stock bonus of 15,404,549 common shares. The stock is to be awarded as follows: 33% on December 31, 2008, 33% on December 31, 2009 and 33% on December 31, 2010 contingent upon employment with Clean Coal on each date. Clean Coal calculated the value of the award based upon the closing stock price on the reporting date December 31, 2007 and is expensing the award over the award periods. A total of $18,758,275 and $37,383,878 was recognized as share-based compensation under this award for the twelve months ended December 31, 2009 and 2008, respectively and is reflected as common stock issued for services in the Statement of Stockholders’ Deficit. As of December 31, 2009, a total of 10,286,366 shares have been issued under the agreement and are shown as outstanding in the Statement of Stockholders’ Deficit.
ALSO
"While we believe that a commercial market is developing both domestically and internationally for cleaner coal products such as coal processed using our technology, we may face the following risks due to the developing market for cleaner coal technology:
-
limited pricing information;
-
changes in the price differential between low- and high-Btu coal;
-
unknown costs and methods of transportation to bring processed coal to market;
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alternative fuel supplies available at a lower price;
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the cost and availability of emissions-reducing equipment or competing technologies; and
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a decline in energy prices which could make processed coal less price competitive.
If we are unable to develop markets for our processed coal, our ability to generate revenues and profits will be
negatively impacted."
They dont even know if it is viable...
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