City Capital Corporation – OTCBB: CCCN – Stock Guru Profile
City Capital Corporation believes in generating revenue first and foremost! Ninety days after the natural gas rig in the Gulf of Mexico was purchased cash flow is there — which is a very good thing. And that’s where CCCN is today. Here’s their recipe:
Step Number One: Certify the natural gas reserves at $38 Million. (That’s a very good start!)
Step Number Two: Make sure this will be a profitable operation. (Well, yes, at $38 Million that’s a lock!)
Step Number Three: Double check current MCF price for natural gas: $7.64 (Outlook amazing!)
Step Number Four: Check your pulse because your heart is beating pretty fast when you realize what the potential here really is!
Step Number Five: Get the rig up and running with cost efficient up to date equipement. (Done – Portends well for the future!)
Step Number Six: Bring this well online and start registering the revenue! (That day has arrived!)
CCCN is developing their revenue stream with the first of four wells in the West Delta 25 gas producing offshore platform. Well Number One is currently averaging 400 thousand cubic feet (mcf) per day, running at approximately 20% capacity while all systems are being brought on line.
They make it look sooooooooooo easy!
City Capital Corporation
256 Seaboard Lane
Bldg E, #101
Franklin, TN 37067
Phone: (877) 367-1463
Email: ir@citycapcorp.com
Website: www.citycapcorp.com
Forward Looking Statement: This release contains “forward-looking statements” based on current expectations but involving known and unknown risks and uncertainties, including those described in the Company’s annual report on Form 10-KSB for the year ended December 31, 2005, that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. The Company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. The Company makes no undertaking to update such forward-looking statements.
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City Capital Corp.
Symbol: CCCN-U (C0000)
City Capital -NASB – CCCN-U
Exchange: NASB
CUSIP: 17776P100
S&P GICS:
Sector: SEDOL: B0536D8
