Cyclone Power Technologies, Inc. (fka CYPW)

[Tom Swift]

Hi Creston,

Sorry for the delay, haven't been paying much attention lately. I'm no expert on SEC filings, but I don't think this means much of anything. The SEC 'Schedule 13G' is used to report that a company has a significant ownership stake in another company; between 5 and 20 percent. It also means that they are a passive investor and have no intent to exert control over the company operations. My guess would be that they have acquired a healthy chunk of Cyclone by issuing loans and that they are complying with the SEC requirement to report that. As for not attempting to exert control, Harry and Frankie effectively do that through their limited number of preferred shares, so there really isn't a lot of reason for any other shareholder to report otherwise. Since Cyclone is moribund, at least for the moment, there isn't a lot of control to exert in any case.

Like I said though, I'm far from an expert on this.

Tom