No you are right, but the good Dr Chang is going to be payed with what exactly?
"You might want to recheck the OS you posted, it does not match the 10-Q or OTC data.
During the year ended December 31, 2013, the Company, as part of the above agreement, is required to issue 124,000,000 shares of restricted common stock to 236. These shares were valued at $0.008 which was the share price at the commitment date. On March 1, 2014, 236 modified the required number of shares to be issued to include an additional 12,341,598 shares. These shares are valued at $0.07 which was the share price at commitment date on March 1, 2014.
As of September 30, 2014, the Company has issued 136,341,598 shares to 236 and recorded $1,855,912 in deferred non-cash debt offering costs which are amortized over five years."
Awesome value at .07 more awesomer as the stock is sitting at .02 cents
It is and has always been one giant accounting scam.
I will say that they don't have 1.8 million dollars, maybe this is why its taking so long to complete the deal with Dr. Chang.
Maybe they are trying to figure out how to print money out of thin air? oh wait they tried that by having tteg, a worthless shell, issue 136 million worthless shares backed by unproven technology that by all accounts is completely worthless. A technology which was created by folks who have no formal education in anything relating to the construction of power plants.
No its a super organic story
TTEG doesn't have 1.8 million dollars, and if/when they do it will be on the backs of the penny letters, and scam coverages by media companies out of Belize. Phony news and PR's will make trading volumes sky rocket and calls of 20 baggers, ask slapping craziness will ensue on hollow news. They have been doing it since inception. This story will be kept alive and 236 will keep 20% of the action.
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