Nano Labs Corp f/k/a Colorado Ceramic Tile, Inc. (OTCBB:CTLE) Targeted by Pumpers Once Again

Back in August 2012 Nano Labs Corp f/k/a Colorado Ceramic Tile, Inc. (OTCBB:CTLE) signed an agreement with a business venture called Respect Innovations, Inc. They filed the necessary 8-K document and in it we read that CTLE were going to acquire some know-how from Respect related to the development of nanotechnology products. Of course, Respect Innovations had no intention of donating their work to CTLE for free and in exchange they received 100 million shares of common stock. We did try to search for the business venture whose technology was supposed to help CTLE immensely, but unfortunately we couldn’t even find a website about them.

Probably that’s why CTLE filed another 8-K in October 2012 in which they stated that the agreement had been terminated. The stock that was issued as part of it was returned to the treasury, but it didn’t remain there for long.

A few days after CTLE cut their connections with Respect Innovations, they filed yet another 8-K. In it we read that they appointed a new Director and CTO of the company. His name is Dr. Victor Castano and he was supposed to bring some nanotechnology with him. Once again, he wasn’t just going to share the know-how with CTLE and as soon as he accepted the job, he was granted 101 million common shares.

Now, eight months later, the latest financial statement reveals that they have yet to register any revenues from the exciting technology that they have been developing for the last months. As we mentioned numerous times in our previous articles, CTLE are planning on using the microscopic particles for all sorts of applications and in the latest 10-Q we read that the deadlines for some of the projects are looming. The Nano Coating products are supposed to be marketed before June 15 and the Nano Lacquer Nail Polish has to hit the shelves before September 1. The question of whether they have bitten off more than they can chew remains open but at least they seem to be trying.

Last Thursday they filed the next in a long line of 8-K forms in which we read that they have signed yet another agreement. According to it, they will receive some more nanotechnological knowledge from a company called Saint-Gobain Ceramics & Plastics Inc, only this time the interaction will be a two-way one, meaning that the two companies will in effect exchange experience and know-how.

Sounds good, but will this be enough to help CTLE meet the deadlines? We’re not terribly optimistic.

Still, the 8-K was enough of a reason for the third parties and they once again paid some tasty compensations to promoters Haywire Viral Marketing and Stock Traders Academy (STA), who in turn sent out some emails early this morning in which they explain how CTLE could turn out to be a great investment opportunity after all. We’re struggling to believe all this and there are a couple of reasons for our skepticism.

The first of which lies in the two pumpers’ track records. Take Stock Traders Academy (who, by the way received $15 thousand for the current campaign on CTLE), for example. They were part of the promotional effort for Graphon Corporation (OTCBB:GOJO) on April 9 and their emails back then sounded just as optimistic as they do now. In reality, however, GOJO have lost around a fifth of their value in no more than 5 weeks. That’s pretty poor performance you would agree, but it’s not even their worst failure.

Since November, 2012 CTLE have been the target of a paid promotions numerous times and we have outlined the bigger campaigns on the chart you see at the beginning of the article. Stock Traders Academy have been part of every single one of the efforts and so far, they have sent as much as fifteen emails on CTLE. Despite their promises the ticker has lost as much as 82% of its value since November, and try as they might, STA are simply not capable of convincing us that anything other than the well-know drop will occur this time around.

All in all we see that no matter what CTLE do, the constant promotional pressure is pushing the ticker further down to the bottom of the chart. That is why doing your due diligence and being very cautious is absolutely crucial before investing in the ticker.