Las Vegas, NV -- (SBWIRE) -- 12/07/2012 -- Clean Coal Technologies, Inc. (PINK:CCTC) has been upward bounce off its $0.04 base after the Company announced that they have reached a settlement in a case filed by the SEC on June 4, 2012 in the United States District Court for the Southern District of Florida against Clean Coal and its former CEO and president, Douglas Hague. Under the terms agreed to by Clean Coal and the SEC, Clean Coal, without admitting or denying liability, would pay a civil penalty of $25,000 and would be permanently enjoined from violating certain securities laws.
Clean Coal Technologies, Inc. is an emerging cleaner-energy company utilizing patented technology to convert raw coal into a cleaner burning and more efficient fuel. CCTC recently announced it will be hosting a its year-end 2012 conference call on Thursday, December 13, 2012 at 11:00 a.m. Eastern.
Robin Eves, Director, President and CEO of Clean Coal Technologies stated "We are very pleased to be hosting our latest investor conference call. We have made significant progress in 2012, including our successful settlement with the SEC and our recently announced $15 million investment by Ventrillion Management Company. Above and beyond our numerous accomplishments this past year, we also look forward to providing some color on Clean Coal's upcoming initiatives in 2013."
Clean Coal Technologies, Inc., a cleaner-energy technology company with headquarters in New York City, NY, holds patented process technology and other intellectual property that converts raw coal into a cleaner burning fuel. CCTC trademarked end products, "Pristine(TM)" coals, are significantly more efficient, less polluting, more cost-effective, and provide more heat than untreated coal.
Principal elements of the Company's pre-combustion technology are based on well-proven science and tried-and-tested industrial components. The Company's clean coal technology may reduce some 90% of chemical pollutants from coal, including Sulfur and Mercury, thereby resolving emissions issues affecting coal-fired power plants.
OTCMAGIC has recently published a new article on CCTC. To find out more about this stock and what OTCMAGIC projects for Clean Coal Technologies both short term and long term please go here: CCTC
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