Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
oh and I am not hiding behind a pseudonym, prepared to stand up and be counted - how about you PM?
Hey PM, can you tell me what the company are working on right now to recover the share price? Because they are doing something very tangible - but really interested in your "informed view"
As a former employee I am perhaps more familiar with the machinations of the board, the current board, and their focus on getting the share price back up - no, I do not know what they are doing, nor do I know which deals are going on in the background (infer from that what you will) but I am confident that within the next 3 months this share will bounce back, considerably!
The CEO prior to the last one got pushed, the last CEO saw the writing on the wall, the current MD (who pushed the latter and paid a great severance to the last CEO) has decided to sell to the company to a business who would be interested in acquiring our debt! Fact or fiction, lets debate! The company no longer seem to be pursuing deals and are they failing the shareholders, interested in your views
and it hit 0.75 around a year ago!
I suspect that Catanae has some good products but its tax losses over the past few years should entice a significant investor/buyer particularly if they can offset the losses against their current operation
But Para and co I believe are no longer part of the shareholding - believe the posts are old.
Hi Oneandonly, true, but in thee short term we need contracts and more sales - the feedback has been remarkably non existent since we recruited a sales director and marketing company. We need an update from the board quite quickly I would suggest. There was a message on Friday about a potential tie up with the Bank of China (twitter - Blockchain) - I know that the company were making overtones in China in 2018 so perhaps something is coming over the horizon? Interesting your comments on the music - I know there were a couple of substantial investors with ties to some top 40 artists that seemed to fall flat - they would be worth a revisit as these people are still looking for a place to hoist their back catalogues, also a former member of staff - currently engaging with some of the largest social housing providers in the country - they should go back to her - the fireguard/block chain product would be useful there
I would agree Bigbaddaz! We know that they have appointed a director of sales, we know that they have a sales company marketing the product sweet, we know from the last communication that there were lots of new leads and we have been told nothing - no contract values at all that I can recall! Still the new CEO is a seasoned marketing specialist so I am hoping that the end of year accounts are going to show great promise ad the silence from the CEO and Sales Team is around the number of new contracts that they are about to announce! Not much point in spending money on a sales team if they don't make any sales!
The business appears to be ticking along and the end of the accounting year soon approaches. There have been many projects mentioned - the appointment of a sales director, the appointment of a marketing company re onside, the disclosure at presentation that we were talking to a hotel group around the whole blockchain application being used to record fire door maintenance - could we get an update please, the steady erosion of the share price is not inspiring confidence