Hi MTM. Yep, amazing what corners they emerge from. All this talk of value, growth, sales and potential is also pretty fantastic...using the term to signify wild and unbelievable.
To date, nothing has happened. Really, nothing. They have a letter arranging to have a subcontractor standing by to build parts when and if they come up with blueprints and money. Heck, all kinds of guys with Bridgeports and lathes in their garages will be willing to do that to. What machine shop would turn down signing a letter giving them preference to get a job when and if it ever occurs? To date, no product, no commitment and no money.
I'm fascinated by the hype over selling a few heat exchange coils and pumps. The coil is literally nothing more than high quality stainless steel tube wound into a fairly accurately arranged and spaced coil; this is hardly the pinnacle of technology. Again, guys do this in their garage. Chuk did this to build his LSR boiler except that he used more sophisticated tube having fins brazed on. The hype over the pumps is pretty amazing too. If you look at the discharge pressure and volume, you realize this isn't a whole lot different than many pressure washer pumps. They are a bit trickier than a pressure washer pump in that they must run a bit hotter (not wildly hotter) but this is hardly unusual in the industry, the technology is long standing and understood.
So, all the hype is about selling a little bit of wound tubing and something very similar to pressure washer pumps. Except, apparently they aren't even selling these items, they are licensing them. I'll bet the royalties are negligible...especially in quantities of one or two which is all that is happening.
Of course, they are buzzed about Cyclone Facebook entries as though that is a source of information policed by the SEC - NOT. Cyclone has put out tons of positive, upbeat and enthusiastic information (propaganda) over the years; none of which has come to pass inspection in the cold, hard light of day. Yet time and again people parrot this nonsense like it is a pronouncement from on high.
As of this moment Cyclone has no product that has publicly undergone a convincing trial, has no customer testimonials or repeat orders, patents that cover NO basic principles but merely extremely specific implementations, no factory to build anything, no net positive balance sheet value, no history of completing projects on time or to spec, no nothing. They DO have letters of understanding with companies no one has heard of as well as some that are recognizable, but these have produced NO yield.
Yep, all the hype and excitement is pumping so pure and natural it brings a tear to my eye.
Tom
