FaganAllYear, excellent post! Yes, CCTI has made significant progress over the past year, but like you said, it is not reflected in the share price. That's because with no earnings and no paying customers, it's anyone's guess what this technology is worth. Based on today's market cap, the "market" guesses $15M. Laughable when you consider our market cap was $3 billion dollars a decade ago, long before the pilot plant, Pristine-M patents, university partnerships, DOE involvement, and that was with an untested technology and no paying customers. Accounting for dilution and splits, that is equivalent to ~$22 per share today. Not saying we'll hit that again, but if we give this turkey a good kick, $10/share is not unrealistic.
NOTE: We closed at $14 (split adjusted) on 2/11/08. $14 * 233M OS = $3.262B MkCap. $3.262B / 149M OS today = $21.89 PPS