Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

Oh, the Combilift engines haven't shipped because they are being made even better!

From the November 2015 PR:

Completion of the Combilift contract will allow us to collect $300,000. We are pursuing invoice financing to complete this order. The project is in the final process of the 50-hour testing, and we are working toward a 2015 delivery. This effort was delayed due to the resources going to development of the WHE engine and overhead expenses for SEC compliance. Combilift's owner will be here this month, to assess our progress.

Then in the June 8, 2016 PR:

The Mark 5 for Combilift that was produced and currently under testing for Combilift is now being updated to the production model. In working with our manufacturers, we have decided in conjunction with the management of Combilift to deliver a production model instead of a "beta". Harry Schoell, CTO said, "We realize that this has delayed the fulfillment of our previous contract, but feel this is a much better way to move forward with our customer. We have in house 5 new Mark 5 production engine blocks to expedite the project." This will be worked into the schedule to update and deliver a production unit to Combilift and prepare our third manufacturer in Louisiana for this production.

The Mark 5 engine that was originally promised for delivery in January 2010, producing 100+ horsepower while being more fuel efficient than diesels, still has not been able to run for 50 hours without failure.

The excuses in November were the efforts going into the WHE engine that was spun out to Chris Nelson more than a year earlier and the cost of filing SEC reports they had stopped filing quite a while earlier as well.

Now the excuse is they have to update the engine to the "production model" before being able to run for 50 hours. And prepare their new "production" manufacturer. That will allow extending the stream of excuses for at least another year.

No doubt Combilift told Cyclone in November to get stuffed.

Chris Nelson and Q2Power still has the contract with Phoenix Power saying Phoenix will pay $150K once the WHE engine runs for 200 hours at part load. They still haven't done that even after burning through $6 million in investors' money. A key point is that Cyclone and Q2Power have a technology sharing requirement in their license. If either could make their engine work for more than a few hours, the other would get the know-how and make their engine last as well. So we know neither has made their engine work.

The last announcement from Q2Power is they are getting out of the waste to power business and getting into the sewage sludge composting business.

But Harry and Frankie actually telling the truth about how well their engines work is not something to hold your breath for.