With all the recent postings I thought I'd take a look at the...

With all the recent postings I thought I'd take a look at the stock as I knew nothing about it.

Unfortunately it isn't a pretty picture. Not much cash left, an auditor questioning whether it is a going concern, almost no NTA (net tangible assets)and a loss of 33 cents per share when the share price is < 1 cent.

Unless something goes very right I doubt this company will survive. Hard to see anyone providing funding without huge dilution of existing holders as the risks are so high.

BTW Why is a company called "Environmental Clean Technologies" obtaining a coal exploration license - not very clean at all!

For those who are holding I do hope that the magic does happen and you see a positive move in the share price.