Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Clean Air Power – for shareholders it’s more crap from CAP

By Steve Moore

24 June 2015 04:03

More:

A 3:33pm “trading update” from Clean Air Power (AIM:CAP) which concludes that “the board has, therefore, decided to initiate a more comprehensive review of the short-term options available to the group with the principal aim of providing the financial stability that the group needs" seems like a clear job for the ShareProphets RNS translation service (extracts from the RNS in normal font, my interpretation in bold italics)…

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Comments

handybrownone

24 June 2015, 04:36

Having lost a bit of dough on this one a while back I continued to follow it looking for the recovery play and the corner. What is interesting is the complete and absolute lack of orders from the USA despite achieving environmental certification – big PR drive and employing some people in the USA to go and sell it. Unbelievable – what are they doing. Clearly there are not even any potential orders in the pipeline – if there were then this RNS wouldn’t be needed. I will be a buyer IF it gets a chunky order from the USA – and forgo the big rise just to be sure. This has monumentally under-delivered and what seems like a good proposition. Another british tech company pissed up against the wall.