Saturday, January 07, 2012 9:49:15 AM
The company has three registered employees. It owns a patented technology. Not a factory...not a warehouse...its "employees" are engineers, and when they revise their technology they pay someone with a factory to test it. There are many companies that have very few employees and sell technologies. This does not make them snake charmers.
Their technology is based on making coal burn cleaner. Coal isn't going anywhere for awhile. It can't...there are about 22 states that are heavily dependent on coal production, and there are a number of states whose power systems are heavily dependent on it. And over 80% of all power generated in China is from coal. That's barely scratching the surface of the position coal has in the world.
It will also be interesting to see what happens with coal here in the US when our contract with the Russians for uranium from all those old cold war era nuclear warheads runs out later this year and they do not renew the contract...which they wont...and 10% of the uranium used in the United States vaporizes at the stroke of midnight...but that's another investment in itself.
The pressure is not to stop the use of coal altogether (anytime soon anyway) but to clean it up. The Department of Energy is spending $404 million this fiscal year to figure out how to do that. The Chinese government is also investing in the technology. Heavily. I am in hopes of course that CCTC's name is on a piece of paper somewhere in the stack of options being reviewed.
I don't see the necessity to carry on any further with any of that...most in here seem more than intelligent enough to cross the T's and dot the I's there...I just wan't to note that this is WHY I am in here...speculation...hope that they do have a viable solution that will be looked at and considered and hopefully come to fruit. I have about 1% of my portfolio invested in it because it's a GAMBLE. If the hand pays out (long term) it will pay out big. For me right now it's like a hand of 7 card stud...two cards up and showing a pair...wait awhile and let a few more cards turn and if I have to fold, it doesn't hurt my pot...
Best of luck to all...
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