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Microcap & Penny Stocks : Composite Technology (CPTC)

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From: hotelonthemoon7/15/2006 9:59:37 AM
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Called the company last week

and spoke with JC looking for some visibility.

Dealing with utilities is a very slow business but it sounds as though ACCC sales should start moving over the next several months(ie MiddleEast, AEP). CPTC needs 75 miles/month of ACCC sales to breakeven. I got the feeling MiddleEast sales should be rather substantial once quality control for the wrapping aspect is approved by CPTC, I'm guessing but expect something there in 45 to 60 days. All the relationships are in place between wire supplier and the utility.

This current heat wave might make people in the North American market move a bit faster.

A paper will be published in Transmission & Distribution World magazine from the lead person at AEP praising ACCC, will work on getting a copy this coming week or as soon as it is published.

Also the main contact at Pacific Corp will also publish a paper and it has been submitted for review, again praising ACCC. This should be out in another publication in August.

I asked if any placement will be done in the near term and JC said not at the present time. More than likely once ACCC sales start up, so expect something later this year with a higher stock price.

Need to call back regarding EU Wind, but my opinion is Wind will do very well once a North American manufacturer finishes their DD, expect 90 days or so on that one. IMHO They can still manufacture out of Germany for the time being.
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