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Re: dream of steam post# 25289

Tuesday, 06/23/2015 6:43:44 PM

Tuesday, June 23, 2015 6:43:44 PM

Post# of 28181
So Harry works seven days a week. Why do you suppose that is?

Here's a slide from the 2011 Shareholder Open House presentation on file at the SEC:


The Open House was December 2, 2011, so they were not predicting too far into the future.

So, how'd they do?

The Army S-2 genset engine was delivered on May 29, 2014, so seven quarters later than predicted.

The Raytheon engines were delivered Jun 4, 2012, so only one quarter late. They were not Mark 5s, however, but Manta Ray 36s which were only the crankcase and cylinders of the Mark 5. They did not include the burner, steam generator, condenser, fans, heat regeneration or control system of the Mark 5.

Other than those accomplishments, well,....

- none of the "Prototype Sales" occurred
- none of the "Final Durability and Performance Testing" occurred.
- no "WHR Pilot Programs" occurred (except maybe the one at Bent Glass Designs that was never heard from after installation).
- none of the "Product Orders" occurred, and,
- nothing went into production.

The WHE-25 was completely redesigned by Ohio State University, and there's no word on whether their versions ever passed Phoenix Power's 200 hour acceptance test.

The S-1 solar engine seems to have disappeared. Was one ever built and run?

The one S-2 on the Army genset was said to work, but no others have been made.

And the Mark 5 still hasn't passed the 50 hour durability test that Combilift specified.

So what's the explanation for Cyclone telling shareholders all those things were going to happen, but almost none of it coming true?

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