Cyclone Power Technologies, which is now more than 8 weeks past the late deadline for filing the annual report and 3 weeks past the late deadline for filing the Q1 report, with no news of any operating engines, is now hustling $125,000 for their land speed car.
Chuk is the guy who built a car that Harry Schoell promised an engine for in 2009. In 2012 Harry still hadn't delivered a working engine, so Chuk got a working engine from someone else.
The reason there was no body on the car is that after Harry Schoell failed to deliver an engine or make good on any of his promises, he sued Chuk for bad faith and theft of the car body even though their partnership agreement said the body belonged to Chuk. Chuk wasn't financed with millions of shareholder's money, so he gave Harry the car body. But he got to Bonneville and ran anyway.
Chuk ran again last year and the car crashed at the end of the first run. He was measured at 144 mph on a 145 mph record. This was a licensing run for Chuk's racing license and he was required to stay below 150 mph. Apparently he had quite a bit of power left. Note in the video that his speed is 100 mph at the end of the first mile and the track is 5 miles long.
Chuk is now building a new car. Unlike Harry Schoell and Cyclone, Chuk is getting lots of volunteer help from the Steam Automobile Club of America. Note that the Cyclone car site claims the Steam Club is one of Cyclone's sponsors. This was never the case. Those people sponsored Chuk Williams and when Harry promised to provide an engine, Harry started claiming the car was his and that Chuk's sponsors were his sponsors. Look at how Cyclone's sponsorship dried up after Harry screwed Chuk over in 2012.
So if you want to donate to a steam car that will run at Bonneville and will set the land speed record, give it to Chuk Williams at Steam Speed America.
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