NewStream Energy Technologies Group Inc (NSGP)

[RoadRageRusty]

From RBC Direct Investing:

CCTI Completes First Phase of Restructuring
30 Nov 2010 - ACQUIREMEDIA
NEW YORK--(BUSINESS WIRE)--Nov. 30, 2010-- Clean Coal Technologies, Inc., CCTI, (Pink Sheets:CCTC), a clean energy technology company, today announced the completion of a number of initiatives representing the first phase of the restructuring and re-focusing of the company. Some of the completed initiatives include:

•Relocation of Executive Office. CCTI has moved its executive headquarters to 295 Madison Avenue (12th Floor), New York, NY, USA 10017. This will help the company roll out its global marketing efforts and position itself for strategic and institutional investors, as well as the financial analyst community. The Company will retain its field operations offices in Florida.
•Revised Debenture Agreements. The beneficiaries of the debenture agreements that were included in the Company’s recent quarterly SEC filings have agreed to re-price the debentures, lower the interest rates, and exercise the conversion option in two tranches, i.e. December, 2010, and June, 2011. The new conversion price will be $0.07025 at an interest rate that has been reduced from 10% to 4% annually. This will increase the Company treasury by approximately twenty million shares.
•Executive Expansion. CCTI is in the process of filling our Chief Financial Officer ("CFO") position, and appointing an Investor Relations ("IR") function to augment the recently restructured executive management and Board of Directors. CCTI is currently interviewing prestigious IR / PR firms in NYC who have specific experience and success in the Clean Energy space.
•Market Expansion. Through various third parties and consultants, CCTI has already made significant inroads with strategic clients in India, Colombia, South Africa, Australia, Chile and Indonesia. This is in addition to our efforts already underway in China. CCTI is also in dialogue with some of the world’s blue-chip corporations as potential clients for our technology.
•Complementary Solutions. CCTI is investigating other complementary energy/power technologies, including carbon capture and sequestration ("CCS"), and power efficiency technologies which will be synergistic with CCTI’s core clean coal technology.
•Economic Modeling. CCTI has developed a comprehensive economic model based upon characteristics of various coal grades from multiple US and international locations. For instance, using feedstock of thermal coal of Indonesia and high-volatile, metallurgical coal from Colombia. The model validates that the financial value proposition is significant for coal operators/utilities using CCTI’s technology in coal fired electricity generation plants.
•Website Redesign. CCTI’s website has been upgraded and has been re-launched with an objective to provide greater transparency to our shareholders and the investment community. Our website will continue to be regularly updated as required.
•Company Presentations. CCTI’s investor presentation has been revamped to highlight some of the recent developments within the company, as well as illustrating the commercial value proposition for its clients.
•Common Email Addresses. All officers, board members and associates have dedicated CCTI email addresses.
Robin Eves, CCTI Chief Executive Officer and member of the Board of Directors of the Company, says, "The Board is very supportive of the strategic steps we have taken to bring CCTI closer to commercialization and the institutional investment community. These are essential steps necessary to fund and commercialize CCTI’s technology. I expect the continuing efforts by our team will add significant value to our shareholders in the medium to long term."

Clean Coal Technologies (CCTI)

CCTI (http://www.cleancoaltechnologiesinc.com) owns a patented process technology to design and build green, state of the art plants, which convert coal into a clean burning fuel source utilizing a patented pre-combustion beneficiation process. The Company's patented end product "PRISTINE™" coal is significantly more efficient, less polluting, more cost effective, and provides more heat than untreated dirty coal. The principal elements of this pre combustion technology are based on well-proven, off the shelf components and equipment. Its clean coal technology reduces some 90% of chemical pollutants from coal thereby resolving emission issues affecting coal-fired power plants.

Matters discussed in this press release contain forward-looking statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which could significantly impact the actual results, performance or achievements of the Company. Such risks and uncertainties include, but are not limited to, the time frame for production of revenue, product development and commercial introduction, the impact of rapid price and technological change and competition, manufacturing and supply uncertainties and other risks.



Source: Clean Coal Technologies, Inc.
Clean Coal Technologies, Inc.

Robin Eves, 646-710-3549

[e-mail]

http://www.cleancoaltechnologiesinc.com