Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

More news, but nothing new.

They've just put out a press release: https://www.facebook.com/CyclonePowerTechnologies/posts/1053881847977213

The Mark 1 and Mark 3 engines have completed Beta testing, whatever that is. Production will start in Q2, 2016. (Unless it doesn't...)

The Combilift engines are still in the final phases of the 50 hour test. But they are hopeful that will be done by the end of 2015. At least Frankie changed the year when she cut and pasted that claim.

Combilift's owner is coming to assess progress. Should be a short visit.

Mark 5s are also expected to go into production in the middle of 2016.

They are still demanding payment from Chris Nelson at Q2Power. He must have no money, either.

They are filing a Form 15 with the SEC. That means they are ending their SEC registration. But Frankie promises they will file financial reports any time now.

"Our focus is on revenue from sales of products, sales to distributors and Q2 Power royalties." Q2Power has no product and no sales, so they won't be paying any royalties. To sell products Cyclone first needs products, which they haven't demonstrated yet. Then they need money to pay people to build the engines, then pay the generator company to put the engines in generators. Then they will need to find customers willing to pay the enormous cost for gensets that will be lucky to run for 50 hours. Other than those details, it's a regular license to print money.

That Danish company with the $42 million deal has now reorganized and instead of bringing Harry to them, they will be coming to Florida this winter to build some prototypes. Cyclone has been lucky enough to become the North American distributor of this vaporware, too.

They are also working new deals with military contractors. Their advantage is the ability to use any fuel. Too bad for them the military and NATO countries have all standardized on JP4. And expect equipment that works.

"Additionally we had to increase our authorized common stock levels to accommodate the convertible contracts that obligate the Company." Sounds like 2 billion shares wasn't enough.

Oh, and don't expect any more news from Cyclone since their prepaid press releases are all used up now. Putting information on the website must be too difficult.

No news on that judgement lien against them. You'd think that would be an important material fact.

Same old, same old.