Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

Latest from Delusions-R-Us on Facebook:

Scott Middleton It is now mid-October past the government's fiscal year. So what happened to the Abrams Tank Cyclone system, was hoping to hear about milestones being met, solutions provided.

Cyclone Power Technologies The funds were sequestered by the president and they have not been released. Talked to them four days ago.

"sequestered funds" was the excuse they used after Raytheon never came back once they got their two engines in 2012, and the excuse why the Army genset was delivered years late and why the Army never talked to them again.

In the Q2 2014 quarterly report they said:

In the second quarter of 2014, the Company also completed and delivered the U.S. Army / TARDEC engine, designed to be used as a 10kW auxiliary power unit (APU) for combat vehicles. This Phase 1 development program provided $502,882 in revenue to the Company in 2013, and $140,527 in 2014. Management is now seeking follow-on funding from both military and commercial groups to advance the technology into Phase 2 for durability and performance enhancement.

but by the Q3 2014 report there was no longer even any mention of trying for funding from the military.

Hard to say what they've been up to for the last year as they are now behind the annual and three quarterly reports. What was that promise Frankie made about filing back in August?

Anyway, it's good to know that Obama himself sequestered tax dollars that otherwise would go down the Cyclone rathole. Smart man.