Judging from the information below it looks as though this company is going to finalize their reverse merger with the shell company any day now and will be hitting the Nasdaq. This company has backing from some of the largest in the clean coal industry. Keep this company on radar and watch for their trading to begin. I will be sure to keep this on my watch list and inform everyone of anything that I find out. Please feel free to share any more information that you can find.
www.cleancoaltechnologiesinc.com
CCTI, which began operations on September 1, 2007, was formed through the acquisition of Clean Coal Systems, Inc. (CCSI) and a pink sheet shell company that will facilitate the CCTI's listing on the NASDAQ exchange in early October, 2007. CCTI's technology will be marketed through a variety of contractual relationships, including joint ventures, licensing agreements, and build/operate/transfer relationships.
CCTI's technology is far superior to coal scrubbing and costs 60-70% less, because it removes pollutants and contaminants that scrubbing does not address. It is truly the "Pollution Solution." The technology allows raw, low-grade coal to be transformed via our multistage patented processes into high grade, clean burning, coal, on an industrial scale.
INVESTOR RELATIONS:
China's pollution has created a global backlash, and a significant business opportunity - CCTI offers a practical technical and political solution that will allow China to be seen as a responsible global citizen, taking charge of its environmental obligations.
CCTI's technology has been developed in conjunction with our scientific technology consultant, a Fortune 500 company which is considered as the one of the world's leading energy consulting firms, whose clients includes the US Department of Energy and other global energy companies.
Our China operations are projected to realize an estimated $27 million for our initial 7 million ton capacity plant, with the potential of expanding our solution to incorporate several hundred additional power plants and manufacturing facilities country-wide. Each of the CCTI plants is anticipated to have a life expectancy of 25-30 years.
CCTI evolved from CCTI - Saudi American Minerals with leading edge research originally undertaken at US Steel by the world's leading coal industry scientists.
CCTI is led by a dynamic management team with over five decades of in-depth business knowledge and experience, IPO/funding process, international sales and business development and operational expertise.
Estimated pre-tax earning from a single US power plant of over $50 million – The potential for hundreds of plants could reduce dependencies on foreign oil.
CCTI has signed a Joint venture Framework Agreement with our JVC partner for Shanxi province, Shanxi Poar Environmental Heat Energy Engineering Equipment Manufacturing Company, Ltd., and anticipate signing the final agreement in late October, 2007.
