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Vaffan-Coulo

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Vaffan-Coulo

Re: None

Friday, 06/08/2012 1:59:53 PM

Friday, June 08, 2012 1:59:53 PM

Post# of 15274
Judging from CTTC's new S8, it looks like some bills must be coming due:

http://www.sec.gov/Archives/edgar/data/102198/000136086512000097/cttcs8june62012.htm

A fresh batch of 420,000 shares "Issuable in lieu of directors’ fees, executive compensation and for legal services."

That's what -- four times in the past year that they've had one of these offerings? And they've gone up from 50,000 to 109,000 to 180,000 to 420,000. At that rate the next one ought to be around 750,000.
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