Cyclone Power Technologies, Inc
Cyclone Power Technology and its licensees have spent years and untold millions of dollars without producing a single marketable product. ( the total money spent is unknown)
There is not a single Cyclone engine in use anywhere in the world. Cyclone started as a limited liability partnership in Florida in 2004. In July 2007, merged the partnership into a Florida corporation that had recently re-domiciled from California (originally chartered in 1974). Began trading on the OTC Pink Market in July 2007 under the symbol CYPW and now trades on the OTC pink market. Cyclone is not filling financial reports therefor the total dollar loss is unknown.
OTC Pink - No Information: CYPW
Pink Sheet stocks do NOT have any strict financial reporting obligations.
One common scam involving OTC investors is the pump and dump scheme where promoters buy penny stocks, promote and push up the prices for other investors and then dump their stocks while the late investors are stuck with worthless stock that they overpaid to own.
Unfortunately the company has not been able to install a running motor in any of the (concept model) or prototypes pictured below.
.CEO Frankie Fruge
CEO FRANKIE FRUGE The CEO of Cyclone Power Technology The boat does not have a running motor.
CYPW Chart Recent Annual Reports, All SEC Filings
TWO (2) BILLION SHARES AUTHORIZED
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Amend our articles of incorporation, as amended (our “Articles”), to increase our authorized capital stock from 901,000,000 to 2,001,000,000 shares, of which 2,000,000,000 shares will be common stock and 1,000,000 shares will be preferred stock.
|Name ||Title ||Pay ||Exercised ||Age |
|Mr. Harry Schoell ||Co-Founder, Chairman, Principal Exec. Officer and Chief Technology Officer ||150k ||N/A ||74 |
|Ms. Frankie Fruge ||Pres and Director ||125k ||N/A ||72 |
|Mr. Bruce Schames ||Chief Financial Officer and Principal Accounting Officer ||72k ||N/A ||69 |
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Series B Pref. Shares Beneficially Owned: Harry Schoell 80% Frankie Fruge ,20%
OTC Markets -OTCQB http://www.otcmarkets.com/stock/CYPW/quote
Aug 20, 2015
Thanks BUDDY !! Thanks TOM !!
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