STILL BUYER BEWARE! on BOTH OTC AND IHUB!! Guess you forgot. The CE used to be a "yield sign," meaning limited information. The status might have changed to Caveat Emptor because both services saw the SEC filing for the "change in directors" and when CTCC didn't contact OTC or IHUB to update the "new" company information within a reasonable time, OTC put up the CE. Contacting the OTC and IHUB is probably the best way to find out exactly why the warning was applied.
All stock market services companies depend on the company to update the information. Some of the information on the OTC site dates back to 2008 so it has obviously been awhile since CTCC has given OTC any updated information.
Mr. MacIntyre's PR merely said that CTCC "acquired" Strategic Power and Energy (STEP). Even now Don STILL has made no public announcement about a reverse merger between CTCC and STEP (although numerous posters claim that he has told them about the RM in telephone conversations).
"Acquiring" is NOT the same as a reverse merger! When IBM "acquires" a private company, there is NO RM. For a period of time, the private company becomes a wholly owned subsidiary of IBM; then, after the private company's data and documents are converted to IBM standards, the small company is merged into IBM. The entire operation is then called IBM; IBM would NEVER reverse-merger to the private company's name.
Of COURSE Mr. MacIntyre did not admit that STEP was HIS OWN private company, which he incorporated in Jan. of 2011, and of COURSE he didn't say that the papers for his private company are now REVOKED. In fact, if you search nvsos.gov, you will learn that the papers for CTCC are in DEFAULT. If this status changes, let me know. I will verify the change and will remove the sticky. If I am not available, feel free to contact an ADMIN and request removal.Here is a link to the Nevada Secretary of State's Business Search page so that investors can verify what I say: http://nvsos.gov/sosentitysearch/CorpSearch.aspx
Because of CTCC's negative history, the lags in paperwork for both companies, and because of the fact that, as recently as October 2011, Jeffrey Smuda, Ephren Taylor, AND CTCC are all involved in a lawsuit, I am beginning to SERIOUSLY DOUBT that the conversion to STEP will EVER be approved!