I've been slowly accumulating CCAA. This morning I spoke with Joe Johnston (IR and VP CCAA), I was very impressed to say the least. Joe has mapped out an aggressive marketing and PR campaign to begin very shortly. Do not be surprised if we see a PR within the next week. According to Mr. Johnston, 3/4 of the O/S are insider held and restricted from sale. Official float is 2 1/2 million but he feels the float is closer to, if not under, 1,000,000. CCAA website should be up within 2-3 weeks. There is only one MM covering CCAA right now although others will be on CCAA soon, when that happens, coupled with the aggressive PR campaign and small float, CCAA will be trading at multiples of the current price. The next few weeks PR's will also be announcing a plan to "rapidly" move CCAA to NASDAQ as well as new alliances, financing and franchising. Considering the background and connections of Joseph Cala, the Chairman, President and CFO (as well as majority stockholder) of CCAA, financing will be no problem whatsoever. My personal opinion is that Mr. Cala plans to take CCAA to over $4.00 very quickly to get NASDAQ listing ASAP then bring on institutional investors. IMO, to call this stock a 10 bagger would be a gross understatement. I believe we are looking at a 10 bagger very short term, followed by NASDAQ listing and years to come of dividends and multiple stocksplits. I have no intention of selling this one for small potato profits, this is truly what one can call "getting in at the bottom"
Jesse |
