well, u missed a nice run. even with continual insider selling it is going up. The insider selling window closes in 2 weeks.
$80K decrease in cash from operations plus another $38K in capital expenditures. $118K total. Much better than previous quarters. Then add in the money raised from stock sales and they actually generated over $1M in cash.
with the CEO gone and possible improved sales, Maybe they generate cash from operations this quarter.
CLCT is up 50% YTD so there won't be any tax loss selling from longs. However, there are over 500K shorts who have just been crushed this year. Will they be throwing in the towel and covering between now and year end?
last year by mid-December, the 30 day coin cert rate was under 120K. Now over 202K. Looks like we are within 1% of last qtrs numbers so far. Will know more in a few days. This will be a record December qtr
I will give you the news is good, but it is OLD. Even though this is the first we heard of it, the PR says one thing was granted by EPA in November and the other in December. Why the company waits on this stuff is clearly an issue for me. So those in the know have already traded on this.
just so you know
because if the news was really earth shattering, someone would buy those big blocks. This is OLD news. This company has a Reg FD problem. Why did they wait almost 2 months to let investors know about this? Did the BOD know about this?
So I just re-read the PR. It said the EPA certified and expanded the system use back in October. It's friggin mid-December. Why am I just hearing about this now? What happened to Reg-FD? Maybe this is why the CEO was canned.
It wouldn't be so funny if your statement at hand was not a total fabrication. Your "cousin" at the "SEC" can't "look" at a stock and determine if there is naked shorting. It would be a long, involved process investigating trades from dozens of brokers all over the world over a long time period. It could take months by many people. The SEC isn't going to involve man years of effort to determine if a $20M market cap company is being manipulated. so go F yourself and your crazy claims
maybe you should look at the balance sheet and earnings statement.
from the November CC transcript:
I think the other thing is that with the approval of our EGR system, and you may recall, we talked about that earlier in the year, we are actually now seeing some EGR sales come into fruition and that had been a very, fairly slow seller for us up until this last quarter. But we have seen some traction in that regard so that's, if you will expanded coverage of our product portfolio that is also helping us.
So it is mentioned here in passing. I guess for a Reg-FD that is fair disclosure. Vague. Cryptic. Poorly executed. Poorly promoted. But fair. I am so glad they fired that guy.
There were 3 successive days in October when volume soared well above 200K shares and the price moved. I wonder if that is the day the EPA gave approval to the EGR system. The SEC should actually look into that.
I don't follow this company as closely as some nor do i have a meaningful stake. So I have to ask those that do (spansur), why did u not pick up on this statement that EGR was approved and comment then?
again. Surprising in that gold got crushed today and closed below $1200. Doesn't seem to matter. gold/silver go down and people buy more and want more certified.