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Churak

01/25/08 8:50 AM

#177 RE: AngusYoung #173

I put this stock in the same catagory as CCTC

huh? This is from the Dec 4th NR...they seem to be leaving the energy field & going into advertising...is this deal still on per below:


The President & CEO of Clean Energy, Robert Rudman, stated: "During the past several months, we have conducted a thorough review of the renewable energy sector in China in order to determine the viability of our Company continuing its activities in this marketplace. Due to a number of factors including increased competition from new technologies and due to our inability to arrange the necessary capital to fund our expansion into the Chinese renewable energy sector, the decision was made to cease our activities in this industry and to pursue more attractive business opportunities."

Rudman continued, "We were later introduced to the principals of PanPacific and we became extremely excited at the prospect of participating in the expansion plans of their company. While they are seeking access to the U.S. capital markets through a merger with an existing U.S. public company, we are seeking to increase our shareholder value by entering a high growth business sector. PanPacific's rapidly expanding involvement in the advertising markets of China and Hong Kong offers that opportunity to our shareholders."



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Barren Realms 007

01/27/08 11:26 AM

#180 RE: AngusYoung #173

CCTC is doing another forward split. 5-1