Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

Yep, mining the pockets of Ohio taxpayers is the name of this game.

I wonder if the newspapers will ever figure out that Chris Nelson, who's only job is CEO of an Ohio company, lives in Miami? The guy obviously doesn't think the company will be around long enough to justify moving.

Or look up the glowing predictions two years ago by Nelson about the "engine plant" and the 1500 engines per month that would be produced now. http://www.bizjournals.com/columbus/blog/small-business/2013/09/cyclone-power-setting-up-engine-plant.html

Or that the website portrays their technology as a license to print money but that advertorial says the technology is a non-starter unless a massive boost in tax credits is enacted.

Phoenix Power seems to have given up. They were the customer that had given Cyclone the million dollar purchase order for engines for their waste oil furnaces. Phoenix was going to make a $150K progress payment when a WHE engine survived 200 hours of testing at Ohio State. No word on that. OSU is past-tense now as well.

Interesting how Harry Schoell, Genius, is not mentioned at all on the Q2Power site, nor the stable of licensed world-wide patents. Nelson must have been clued in that his current engine doesn't use a single bit of technology protected by Harry's patents. I wonder if any investors will be smart enough to ask just how the IP in this start up is protected?

Assuming they ever figure out an engine that can run for a reasonable amount of time without failure, it would only take someone half an hour to disassemble one and figure out every bit of "proprietary technology" in it. It would take a little longer to figure out how to redesign it for much cheaper production.

However, I don't see why anyone would want to do that in the first place. Their engine design will be lucky to reach several percent thermal efficiency, then when you subtract the electricity required to run all the electric motors shown in the photo of their trial plant, there's not much electricity left to sell. The electricity produced at night is worth nothing and on evenings and weekends is worth very little. The net income stream won't be very much. Meanwhile, Q2Power will be on the hook for all of the maintenance to keep systems running.

Internal combustion engines are a far better bet. Much lower capital cost, much higher thermal efficiency, known high reliability and can be serviced by any mechanic. You need a scrubber to remove any hydrogen sulfide from the biogas, but that's easy (and I don't know how Q2Power thinks they can get away with burning H2S and venting the exhaust to the atmosphere).

Even if Nelson, after all these years and millions spent, is actually able to get his steam engine to run long enough to be useful, there's no business case to justify implementing this technology.

So yes, mining taxpayer's pockets and pumping and dumping a 'green' energy stock is the only feasible business plan here.