Everyone will be looking at the cash position. A positive would be a surprise as CTC has been very clear that the financing crunch was a serious & worsening problem for end customers during the quarter.
Raising funds to get back to a cash position that made customers feel like they were dealing with a company that would be operating long term is vital. Raising cash in this environment is going to be difficult.
CTC finding a partner for the wind projects is also sounds like a reach. Competitors are announcing layoffs and cutbacks.
GLTA, anyone have a guess on what the quarter will look like?
Angel Investor needed. Similar to the Credit Suisse deal that allowed the company to survive last Falls collapse.
Gonna be harder this time as so many companies with great potential are now in equally dire financial straights. I thought coming terms were evident when they recently granted 500,000 shares at 0.35. Fresh cash will probably want better terms than a new board member got.