Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

Maybe you could fill in some unanswered questions for us then. Cyclone sold the first two Mark 5 engines to Phoenix Power on July 30, 2009 with a quoted six month delivery time: https://www.sec.gov/Archives/edgar/data/1442711/000139843211000685/ex10-8.htm

They never delivered the engines, but paid $400,000 in late delivery penalties. On September 30, 2013, Phoenix officially cancelled the order for the Mark 5 engines: https://www.sec.gov/Archives/edgar/data/1442711/000139843213000687/ex10-25.htm

Cyclone sold two more Mark 5s to Combilift on September 14, 2011 with a 9 month quoted delivery: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7B0yFfWT9ZY

The Q3 2014 report (the last financial report filed by Cyclone) stated "Our R&D team is moving towards completion of the Mark 5 project in Quarter 1 of 2015. These engines are to be delivered to Combilift for use as a clean-burning power supply in material lift equipment. We are forecasting the payment of $300,000 from completion of this initial contract." https://www.sec.gov/Archives/edgar/data/1442711/000139843215000004/cypw20140930_10q.htm (page 19)

It's almost the end of Q2 2015. Other than a video from February of a shaft turning there has been no update on the status of the Mark 5 engine development.

Remember, the engines only have to run for 50 hours before they are sent to Combilift and Cyclone gets the $300,000 payment. Yet Cyclone is now putting its efforts into a race car.

So here's the question: You've known these guys for years. Why have they not delivered any Mark 5 engines to customers?

Before you say "new technologies take time" remember that Cyclone entered into two legal contracts with definite delivery dates and performance guarantees. They told investors that engine production was going to start on various dates.

If you say "there were difficulties", let us know just what they were. Cyclone never has. Various people over the years have suggested that water lubrication won't work. Harry Schoell told everyone it was working, but then Cyclone hired Ohio State University to solve the water lubrication problem.

People suggested that the cam operated admission valve system could not survived the immense forces necessary to provide the cutoff times to meet the Mark 5's specs at 3600 rpm, and calculated numbers to demonstrate that. Harry said the engines ran great at 5000 rpm. Now we see he has eliminated the cam operated valves in favor of a rotary valve.

People suggested the condenser on the Mark 5 was far too small and could not possibly transfer out enough heat. Harry repeatedly said the condenser was working fine, yet the latest video shows a big external condenser and no condenser on the engine at all.

There were also suggestions that the "regenerative Schoell cycle" wasn't thermodynamically sound. That latest video show the engine with the "Schoell cycle" heat exchangers removed.

Harry's standard answer over the years to any engineers questioning portions of his claims that don't stand up on theoretical grounds was "the engine is runnin' sweet on the dyno". But Cyclone has never produced anything more conclusive than a short video of a shaft turning to support all the claims.

Now for the land speed record car.

When Cyclone promised a Mark 5 engine to Chuk Williams in 2009, they claimed it produced 180 hp and would power the car to 200 mph. Even though Chuk built a car specifically to fit the Mark 5 engine, a working engine was never provided to him.

In the May 22, 2012 Letter to Shareholders, Harry said point blank "We will claim the land speed record for steam powered vehicles in 2012."

Here's what Harry said in November 2012:

Things are progressing. The only thing holding us up for a run this year would be waiting for some parts. Even the Mayans won't stand in our way, only parts. Safety equipment, parachutes etc. But it is looking good. The engine has already been test run and is now mounted on the dyno. The hold up was the newer higher capicity pump. We are running anouther engine today so we will probaly have to wait until the first of the week for test dyno runs. This will varify what torque and cuttoff settings we will need to run. The shorter the run the longer the cuttoff we will run. Of course Bonnivlle is next year. our first runs will be in front of our shop then at Palm Beach Speed Way. We will be running a longer cuttoff as this is the shortest track run and we can publish the speed on this short course but is not for a record. The main run will be at Nasa strip as that is three miles long. We expect to beat the recoard then again at Bonneville for a faster run as it is longer. http://www.steamautomobile.com/ForuM/read.php?1,20060,20898#msg-20898

Have there been any tests in front of their shop? You don't need parachutes for that. "The engine has been test run". Sounds like they were ready to test the car under its own power then.

They still don't need parachutes to run in front of their shop. Why are there no videos of the car moving under its own power? Does it need far more than just safety equipment and transport to Bonneville that they claim? Does the engine even work?

Could it be the Mark 5 engine design is fundamentally flawed, and your friends at Cyclone haven't bothered to tell investors that they can't get it to work?

You know them. What's the deal?