Composite Technology Corporation (fka CPTQE)

[PowerPole]

Bo'

We could use some clarification here on this S-3...
http://sec.freeedgar.com/displayHTML.asp?ID=3809567
"This prospectus covers the resale by selling security holders of up to 25,268,761 shares of our common stock, $0.001 par value."

This looks like 25.3MM shares of DILUTION. At $.001
HUH? No comprende' senior'...What in laymans terms does this .001 number mean? In my book dilution has never been a good word, though we've survived it here before a few times before...

And this 3.34 you mention...
"CTC filed an amended S-3 registration statement, the one we are waiting for the SEC to approve so that we can convert the DBH if the price hits $3.34, or thereabouts."
What is this DHB all about? I've never heard of such a term...

This filing must have come out yesterday afternoon, as the short term charts broke down, and got unstable in the last hour. I knew it would pullback today, and now I know why...I looked for filings yesterday, but too early to see this one. I wish I had found it earlier...