NO Commercial Viability Data
Again, CCTI's IP is NOT been validated...at ALL.
Their lab testing has been done by a UofWy Prof. that has been funded to go to boondoggles around the world hyping up..."clean coal"...The concept of clean coal. Indeed, technologies tested in small dose, lab, academic settings. He's on CCYI payroll or at least has a bias not to mention some sort of economic benefit.
NOT 1 of these tests has been validated by 3rd-party concerns. The U0fWy doesn't even mention them in their university engineering year-end reports.
So it's NOT proven.
Then you consider...NEVER has there been ANY testing at all at anything near the industrial scale that would indicate that this IP, this "clean coal" process...branded as Pristine-M...then trademarked as Pristine-M™ which has been abandoned...will ever produce the same results that they tinkered in a lab setting to "prove" a concept design for clean coal processing. Which is very. very basic mind you.
So, there is NO data whatsoever from industrial-scale testing.
WHY? Why is this supposed game-changing clean coal process taken 20+ yrs. to establish viability?
Let's see, so they have to step up the testing to actually prove its real. That's like $10,000,000 - $20,000,000 of capital to build out. Then there is probably a similar investment in testing ALL these different coals from around the world.
Ok. like $50,000,000 before you can actually say that the process has REAL opportunity. In oil, these types of processing "upgrade" patents are everywhere...problem is...You gotta build refineries to test them. You test at 1000 barrels, then 10,000 barrels then 100,000 barrels...the infrastructure requirements are cost-prohibitive. hundreds of millions of dollars to....TEST at industry scale.
NOTHING at ALL has been planned, quantified, discussed, outlined, and/or disclosed from this Executive Team re: the CAPEX nor OPEX for this energy monster, in order of magnitude, exponential investments required to actually get this to be something that somebody would ever be contemplating "BUYING OUT"
These guys know it...it's a 2 decade long scam...
They running it so they can get a few thousand penny betters to throw a few thousand clams every year at this..."just in case it hits"...just in case TRUMP throws a few Billion to the fly-over states that have coal...like 10 million potential voters...probably the segment that got him in 2016.
It's NOT real!!! The patents are simply paperwork. If, If, If, If, IF...If it land on red...if it lands on black...
It's a bad bet.
RUN!
SELL, like I said...the bottom has fallen out.
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