Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

Fact is, those cheering for CYPW ain't buying.

As the sticky post says, yesterday's PR was huge. These are literally Cyclone's first new customers since Combilift in 2011. And what happened?

Lowest volume in two weeks.

Total trades of only $19K

If each of the CYPW fans on this board bought only $2K on this news, volume would have doubled and the price would have gone up.

And look at all the $20 trades so far today.

The smart money is moving on to greener pastures.

So let's look at the short term financial position:

Period Ending____Dec 31, 2013____Dec 31, 2012____Dec 31, 2011____Dec 31, 2010
Interest Expense____$924K_________$243K_________$44K_________$40K

and in Q1 2014 interest expense was $445K (plus $55K in derivative costs).

This has all come from the convertible notes they sell to keep operating. They have to sell more and more notes to get the cash to service interest on the existing notes.

People were buying the notes because they believe they can sell the stock later. When they stop believing that, the existing note holders won't get their interest and all the notes go into default.

A $50K note now converts to 76 million new shares issued. At the end of Q1 there were $650K in notes. That's going to be a lot of new shares.

And we all know the rate of dilution is dramatic and has been accelerating. #msg-105457110 The last two weeks show how hard it is to keep the price up under that pressure.

So here's the thing: as the fans of CYPW conclude this dog don't hunt, they're going to move on one by one. They'll cash out, putting more downward pressure on the price and won't be here cheering anymore.

The delayed 10Q won't help, either.

People can see for themselves what the smart money is doing here.