Catch the Wind Ltd V.CTW

Asks

[golden31]

Those 0.10 asks can be pulled any time. Just rying to get you to sell, very common. They're meaningless.

[peakoiled]

Do you mean those 9 cent asks? This is quickly becoming a steaming turd.

[xsnrg]

i think this might be more serious than that...picked up about 100K today south of 10 but now I am looking at unlimited for sale at 9! lol....something is up or else I just made the greatest purchase of my life.

[peakoiled]

Maybe investors have had time to do some research regarding the licensing agreement with OADS. Or it could be the delay in revenues. Still accumulating but should probably stop.

[peakoiled]

I wonder how cheap it will get if OADS sues. A wind turbine manufacturer should just buy out CTW while it is cheap.

[xsnrg]

I am not taking my foot off the gas...just grabbed another quarter million shares and if this thing is still cheap by next week I will try to get another Quarter million....the CASH in their bank account is worth like 7 cents a share or something.  This is like free money unless they announce something tomorrow that says all business is suspended or something pending an investigation.  I

[peakoiled]

From the last call they had $6.3M in the bank at the end of 2011. They guided $700k expenses per month going forward. So they likely used up $2.1M leaving $4.2M in the bank as of now. That leaves about .03 in cash per share [but there is debt also]. At end of Q2 they should have $2.1M left and you can add back $600k in sales leaving $2.7M. They'll need to do around $2.7M in sales during Q3 (or

[Smokin67]

Not all Q4 2011 revenue has been recognized yet, and CTW is no longer paying royalty fees which means at least a bit more money in the bank.