Just to be clear, current management has everything to do with the lack of a pilot plant. CEO Robin Eves flat-out lied in early April 2012 when he promised a commissioned pilot plant by the end of that month, as if work was already well underway. After building hype sufficiently, he subsequently dumped a bunch of personal shares prior to announcing massive shareholder dilution.
What followed from there was months/years of empty promises, including tired language in quarterly SEC filings (back when CCTI at least was a semi-transparent company and actually did those filings) promising a commissioned pilot plant "by the end of this quarter", or some such nonsense.
When the endless lies, BS and general lack of execution drove the stock price into the ground, management bent shareholders over by doing a 35-1 reverse split, coupled with the promised massive dilution. The current rash of paid-for publicity, staged interviews and message board exuberance are strong indicators that another round of shareholder fleecing is moving forward.
By now it should be beyond question that there is no market for what this company is offering. A couple million dollars to finish the pilot plant would not be hard to come by if the technology were as "game-changing" (LOL) as the company claims. Hell, Eves could've self-funded. Why didn't he?
Again, there may be money to be made here by the shrewd/lucky trader. But there is no long play here.
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