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Clean Coal Technologies, Inc. Files Initial Registration Statement Form 10

Thu. January 15, 2009; Posted: 07:00 AM
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CORAL SPRINGS, Fla., Jan 15, 2009 (BUSINESS WIRE) -- CCTC | Quote | Chart | News | PowerRating -- Clean Coal Technologies, Inc. (Pink Sheets:CCTC) announced today that the Company has filed an initial registration statement on Form 10 with the U.S. Securities and Exchange Commission (SEC) in order to register its common stock pursuant to Section 12(g) of the Securities Exchange Act.

President and Chief Executive Officer Doug Hague said, "We believe that filing the Form 10 with the SEC is an important milestone in the Company's development. We are very pleased with this major step forward in our efforts to increase the transparency of our communications with shareholders, the investment community, and the market as a whole."

About CCTI

Clean Coal Technologies, Inc. owns a patented technology that it believes can provide clean energy at low cost through the use of coal, the world's most abundant fossil fuel. The Company recently signed a major joint development contract with a Chinese partner to construct a facility in Inner Mongolia to upgrade low-rank coal as a fuel source for power generation and coal-to-fuel applications.

"Safe Harbor for Forward-Looking Statements: This press release contains forward-looking statements about the Company's business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "should," "plan," "goal," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Specifically, the registration statement referenced above is subject to SEC review and comments. The signed joint venture contract in Inner Mongolia is subject to a Chinese government feasibility study, the grant of a joint venture business license and the initial funding of the joint venture, all of which must take place prior to the start of facility construction. Once facility construction begins, the success of the project will depend on the joint venture's ability to manage the risks associated with the construction and operation of a pilot plant utilizing the new technology. The Company assumes no obligation to update the forward-looking statements contained in this press release as a result of new information or future events or developments."

SOURCE: Clean Coal Technologies, Inc.

Clean Coal Technologies, Inc., Coral Springs Doug Hague, 954-344-2727 Fax: 954-757-1765 info@cleancoaltechnologiesinc.com www.cleancoaltechnologiesinc.com

For full details for CCTC click here.

    


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