Here is how the Dilution Scam of CCTR works:

(1)
Each quarter, The company takes a loan from "X" of 1.5 million, and "X" later cancels this new debt by debt-for-equity swap, by issuing 300% new shares.

(2)
The total equity was 10 million before, on 20 million shares. The company dilutes up to 80 million and gives "X" the 60 million new shares for the debt.

(3)
"X" now owns 60 million shares, = 3/4 of the equity = 7.5 million.

(4)
The shareholders have paid 7.5 mio of their equity for getting rid of a silly little loan of 1.5 million, which gave a gearing of less than 0.2.

(5)
Next quarter, CCTR borrows 1.5 million again from "X".

(6)
"X" agrees to swap the loan for 3/4 of the new shares.

(7)
So we roughly quadruple the shares every quarter, while all equity falls into the hands of "X" over time.

(8)
During the quarter, "X" sells the shares that were gained to unknowing naive, new "stock-holders".

This scheme is very simple and will lead to complete transfer of equity from the shadow company (CCTR) to "X" within only a few quarters.

So far, we quadrupled from 1 million shares to 4 mil, to 16 mil, to 64 mil, roughly speaking.

This scam should be reported to the SEC; it should be quite straightforward to sue the company based on this information.