Ticker Symbol: COTE
Coates International Ltd.
2100 Highway 34
Wall twp , NJ 07719
Tel: (732) 449-7717
Coates Power Inc.,Ltd.
19 Guishan Road
Changjiang Industrial Park
Xianning City, Hubei Province
Product and Videos:
Share Structure as of 08/09/2017
Shares outstanding- 1.68 Billion
Float- 683 million
Recent News Releases:
08/11/2016-Coates International, Ltd.'s Liaison Agent to China, Mr. James Pang, Reported to the Company Yesterday That the Chinese Delegation That Visited the Coates Headquarters a Few Weeks Ago Have Requested a Worldwide Exclusive License to Make, Use and Manufacture the Coates Patented CSRV Green Engine and Generator System Technology (Shareholders' Update)
Coates International, Ltd. ( OTC PINK : COTE ) (the "Company") is pleased to announce that its exclusive liaison to China, Mr. James Pang, reported yesterday that the delegation that visited the Company's headquarters a few weeks ago is requesting a worldwide exclusive license to manufacture, use and sell products powered with the Coates patented CSRV green engine generator system technology.An exclusive license to manufacture, use and sell the CSRV green engine generator system technology is a comprehensive license which would exclude all other parties, once granted. Accordingly, the grantee of the license would derive substantial benefits that would be factored into establishing the licensing fees, which is expected to be substantial.
07/27/2016-Mr. Nick Kontonicolas Appointed C.O.O. of the Coates Organization Worldwide Operations Including Coates Power Ltd. China and Coates Hydrogen Power Ltd. USA
(Marketwired - Jul 27, 2016) - Coates International, Ltd. ( OTC PINK : COTE ) (the "Company") is pleased to announce that Mr. Nick Kontonicolas has accepted the position of Chief Operating Officer of the Coates organization worldwide operations including Coates Power Ltd. in China and Coates Hydrogen Power Ltd. in the USA. Mr. Kontonicolas is a world renowned businessman and a personal friend Mr. George J. Coates, President and C.E.O., for approximately 30 years. Management believes Mr. Kontonicolas will be a valuable addition to the management team who will make meaningful contributions to the Company's progress. Mr. James Pang, the Company's exclusive liaison in China, met with Mr. Kontonicolas some months ago in Shanghai, China. Mr. Howard Barmil, DBA, MBA, exclusive Company liaison to the Middle East and North Africa ("MENA") region and International and Marketing Director for the Coates organization and Mr. James Pang will both work under the direction of Mr. Kontonicolas.Company President and CEO, Mr. George J. Coates, comments: "Nick Kontonicolas is a personal friend of mine and it is good to have him on board. He is organizing the financing for the ramp-up of production, which should be completed soon. He will be working with me directly and other Company officials in accordance with the Company's five year business plan. I look forward to working with Nick to bring this Company and its plans to fruition."
07/25/2016-George J. Coates Purchases a Further 200,000,000 Shares of Common Stock From Coates International, Ltd.Coates International, Ltd. ( OTC PINK : COTE ) (the "Company") is pleased to announce that Mr. George J. Coates has purchased a further 200,000,000 shares of common stock from Coates International, Ltd.Company President and CEO, Mr. George J. Coates, comments: "I could not resist the low price of our Company stock. Considering the potential and asset value of our Company and the investment of approximately $40,000,000 in scientific R&D over a period of 25 years and successfully designing, building and testing the Coates CSRV green engine technology in automobiles, 6-cylinders and V8's, natural gas electric power generators, industrial generator sets, home propane stand-alone 35 KW generators, air cooled V-twin heavy cruiser motorcycles and more.
"The true value of this Company and its CSRV green engine technology and intellectual property has not been realized yet, but we believe it will be soon."
07/14/2016 -Coates International, Ltd. Meeting With Chinese Delegation and Two of the Top Six Manufacturers From China Went Extremely Well -- Proposals Are to Follow -- Shareholders' Update
WALL TOWNSHIP, NJ--(Marketwired - Jul 14, 2016) - Coates International, Ltd. ( OTC PINK : COTE ) (the "Company") is pleased to announce that the meeting on July 12, 2016, at the Company headquarters with the Chinese delegation went extremely well. Demonstrations of the Coates CSRV industrial electric power generator sets at full load on maximum output and other CSRV products were displayed. The guests were allowed to take photos and videos. Proposals were made by the guests. A preliminary framework of agreements will be forthcoming. The follow up proposals will be put in writing and delivered to the Company as soon as the delegation returns to China.
June 16 2016: A Major Chinese Cummins Industrial Engine and Generator Manufacturer Has Officially Agreed to Build and Supply Industrial Electric Power Generator Sets (Minus the Heads and Poppet Valve System) for Coates International, Ltd. USA and Coates Power Ltd. China Where the Coates CSRV Patented Green Engine System Will Be Fitted to 150 KW, 250 KW, 500 KW and 1 MW Gen Sets -- This Will Help Ramp Up Production Operations Rapidly for the Coates Companies (Shareholders' Update)
WALL TOWNSHIP, NJ--(Marketwired - Jun 17, 2016) - Coates International, Ltd. ( OTC PINK : COTE ) (the "Company") was notified this week that a major Chinese Cummins Engine and Generator manufacturer has agreed to build and supply industrial engines and electric power generator sets to Coates (minus the heads and poppet valves). This move by the Company will ramp up production in the USA and China of the Coates CSRV industrial electric power generator sets for distribution to its customers around the world.
Company President and CEO, Mr. George J. Coates, comments: "The Company has a number of options for the production ramp up. Over the next few weeks a decision will be made. At the moment, the Company has a number of toxic convertible loans outstanding. As soon they are all converted our Company stock price should return to normal trading. The Company intends to do no more of these convertible loan deals."
About Coates International Ltd:
CIL has been in research and development for approximately 20 years on a new CSRV (Coates Spherical Rotary Valve) combustion engine, which is patented worldwide. The research and development phase is now completed and CIL is gearing up for production and distribution of its new engines.
These CSRV engines run on a number of different fuels, such as gasoline, natural gas, methanol, ethanol, hydrogen and diesel. Oil changes are extended to approximately 50,000 miles instead of every 3,000 miles and in some cases oil changes are not necessary. Maintenance is drastically reduced. There is increased power, reduced fuel consumption and dramatically reduced emissions. CIL management believes the CSRV engine will lower United States' dependency on imported oil and fuels and believes this is the engine of the future.
Coates International Ltd. is a New Jersey based precision engineering company specializing in the development of technologies that evolve the standard combustion engine with the objectives of dramatically improving fuel efficiency and power generation, and reducing harmful emissions and long-term maintenance costs.
Coates International was organized on the 22nd of December 1987 and reorganized in 1991, and existing under and by virtue of the General Corporation Law of the State of Delaware USA, is a fully reporting public company whose shares are traded on the OTC Bulletin Board under the symbol COTE
Coates International's Research and Development facility is a 30,000 sq. ft. complex situated on 6.5 acres of land site valued at approximately $3-4 million. Coates International has significant intangible assets including:
-A large number of highly valuable patents (eighteen in USA and over one hundred worldwide) for combustion engines and new technologies relating to combustion engines. https://youtu.be/KPXKqMkJl4A About Coates Power Inc,Ltd.:
-A steam turbine engine valve patent
-A self adjusting wheel bearing patent
-Concepts in testing not yet patented
-Large numbers of working prototypes
-A pulse detonation rocket engine
Coates International, Ltd. $100,000,000. USD License sold to Renown Power Ltd. Hong Kong, China. Coates Power Inc., Ltd. China and the Chinese Government are involved in the deal.
Coates Executive staff returned from a three week visit to China. Presented on this page are an image gallery and a video of the city where Coates Power Inc., Ltd. is located. Also included are photos from the recent visit made by Mr. George J. Coates, President and CEO of Coates International,Ltd., Mr. Paul Casagrande, U.S. Plant Manager, and Mr. James Pang, the company’s exclusive representative in China and who now is in control of all Coates operations in China.