Coates International Ltd. (fka COTE)

[bylosellhy]

It is close to 8 weeks since the sale news. We may know the answer to your question in the next PR. They said we would know more soon. Hopefully soon is not far away. I have some thoughts on this but pure speculation. Thinking the $300M went to Coates ( they own a majority or more of the OS stock) and the rest of the public shareholders will have the option of holding or selling their stock once the ticker is relisted and the company in manufacturing mode. Notice the PR said the $300M going to sellers. It did not say Shareholders. What this means I have no idea except the speculation above which may not be realistic. Also, we don't know if the Private Bank has raised the funds yet talked about in the last PR or what the share structure will be.

[stay long]

Assuming the sale takes place, it depends on the type of sale. If bought by another company, my research shows that stockholder shares could be purchased by yhe buying company for cash or stock of the buying company, or both.

[JulesM]

What happens to stock owners when a company is sold? I guess I’m still a stock owner even if my shares are worth nothing. But don’t stock owners get some piece? Enough to get a soda and a snickers ?

[JulesM]

Wow, I had forgotten about this crazy stock. So, what's the deal? They are selling but everyone here is hoping they relist the company so that they can return the money that is already in their pockets? what is the opinion of the optimists?

[Numbmonk]

I almost bought it to see what would happen. 

[stay long]

The Coates website is back up...Very puzzling.

[Numbmonk]

There sure are, however I'll take the if's and unknowns over complete silence any day.  
This could still make us a couple bucks in my eyes. 

[bylosellhy]

Lot of if's and unknowns. 

[stay long]

I did some research on the internet a few minutes ago and learned that private bank JP Morgan is trying to raise $400 M for their Venture Capital fund. The numbers match. This could be it. If so, it will take some time.
What seems apparent is that George Coates no longer has an interest in the Coates International website. This tells me that at least he believes the deal will go through. I would like to believe that but it sure shows signs of the same old show, the same old rodeo.

[Numbmonk]

Web site is expired. Advanced Hydrogen Technologies website is impossible for me to find.  
Are we in the middle of the hand over process? 
Or is this ctap shoot finally coming to an end?

[vegasandre]

I was hoping that there was validity behind the PR
as I seem to have a glass mostly empty approach due to years of GC failed promises.
After hearing from others, it seems that it's more of a Hail Mary type PR.
with word to check back in June for any further updates.
was hoping the frog would turn into a prince.

[bylosellhy]

Its looks pretty final to me. Quote: " The majority owners Mr. George J. Coates, CEO and son Gregory G. Coates, VP of Advanced Hydrogen Power, Ltd. and Coates International Ltd. have signed a corporation’s business sale contractual agreement to sell their two companies and all technologies and patents for $400,000,000 USD" But, I agree. May not be as promising as first thought after looking at the last filed Quarterly Report filed.

[bylosellhy]

"At the close of trading in the Company’s common stock on December 1, 2017, a 200:1 reverse stock split of all of the Company’s
shares of common stock, shares of preferred stock, common stock warrants and stock options became effective. Shareholders were
paid cash-in-lieu of any fractional shares that would have resulted in connection with the reverse stock split. The reverse stock split
was approved by the board of directors and George J. Coates, the majority stockholder by means of a written consent. For purposes of
presenting the accompanying financial statements as of September 30, 2018 and December 31, 2017 and for the nine months ended
September 30, 2018, all balances, transactions and calculations were restated on a pro forma basis as if the reverse stock split
occurred prior to the beginning of the year ended December 31, 2017. "

The last SEC Quarterly report filed for period ending Sept 30, 2018 the weighted avg OS is 246M. The 200:1 reverse split was done as of Dec. 31, 2017. May 19, 2018 the AS was increased to 2.4B. The #'s are confusing for me because of after the split dilution and the Preferred Stock and Anti-Dilution transactions for the owners and CFO which appears in the end to not leave much of the $300M for the common share holders . Does not look as promising as first thought. Bar Chart has link to the SEC filings if anyone wants to try and make more sense out of what the sale means for us shareholders.

"The Company provides anti-dilution protection for certain of its key employees. For each new share of common stock issued by the
Company to non-Coates family members in the future, additional shares of Series B will be issued to maintain their fixed ownership
percentage of the Company. The fixed ownership percentage is adjusted for acquisitions and dispositions of common stock, not
related to conversions of Series B Convertible Preferred Stock, by these key employees. At September 30, 2018, the fixed ownership
percentages were as follows:
1. George J. Coates – 80.63%
2. Gregory G. Coates – 6.10%
3. Barry C. Kaye – 0.048%
These anti-dilution provisions do not apply to new shares of common stock issued in connection with exercises of employee stock
options, a secondary public offering of the Company’s securities or a merger or acquisition.
The following presents by year, the number of shares of Series B held and the year that they become eligible for conversion into
shares of common stock, as of September 30, 2018.
Total 2018 2019 2020
George J. Coates 3,015,159 74,506 136,599 2,804,054
Gregory G. Coates 228,384 5,484 10,646 212,254
Barry C. Kaye 17,853 413 823 16,617
Total 3,261,396 80,403 148,068 3,032,925

[vegasandre]

Hi Guys.
Though this would seem like good/great/positive news on the surface..
I just want to keep everyone realistic here.
There are no guarantees that this deal closes and, if it does, how does that benefit the original shareholders(if at all)
outsde of speculation...
GC has a history of putting out over the top press releases to gather private investor $$ to keep the lights on/dream alive.
While this may not be the case here.. we have over 30 years of history saying to don't go overboard on expectations.
with that said..
The story is not over. (which is truly unbelievable in it's own right)

[bylosellhy]

Having been taken private, I don't know that it will go public again until the bank decides on the right time. In the meantime, I sure would like a timely distribution of cash to the sellers (existing shareholders).  I guess we wait until the next PR to see how this all plays out.  I am pretty sure OS is very minimal.

[Numbmonk]

Can anyone back track the math to what the OS would be?   
I'm not holding my breath but actively trading this again rather than a write off would be beautiful. 

[bylosellhy]

The big unknown are our shares really worth $70/sh?  There would have to be approx only 4.285M shares OS after the last reverse split if math is correct.  Anyone else have more realistic insight to our share value?

[bylosellhy]

I just spoke with a lady at Coates and asked about the news release affect on my stock holding. The message back from Mr. Coates was he can't predict how it will effect the stock,( relisting, etc ). When it is all done there will be a news release. I didn't ask when that would be.

[bylosellhy]

Here we go. Deal to sell company. Wall Township, NJ, May 16, 2025 (GLOBE NEWSWIRE) -- The majority owners Mr. George J. Coates, CEO and son Gregory G. Coates, VP of Advanced Hydrogen Power, Ltd. and Coates International Ltd. have signed a corporation’s business sale contractual agreement to sell their two companies and all technologies and patents for $400,000,000 USD. The buyer is a private bank, not disclosed. George and Gregory are to stay with the companies and set up manufacturing operations.

The agreement dispersal $300,000,000 to sellers, $75,000,000 to companies for working capital and expansion, and $25,000,000 broker fees. More news coming soon. Please contact us at www.coatesengine.com, info @mscash for more

[bylosellhy]

Below is January 2024 PR. Hopefully 2025 is the year our shares get relisted.

Global News Wire https://www.globenewswire.com/en/news-release/2024/01/03/2803587/0/en/Coates-International-Ltd-Stockholders-Update.html
Coates International, Ltd. Stockholders Update
Wall Township, NJ, Jan. 03, 2024 (GLOBE NEWSWIRE) -- The company is pleased to announce that it has completed its R&D design and manufacturing the following products:

The patented CSRV green industrial electric power generators that operate on hydrogen (H2) and diesel or hydrogen and natural gas. Orders have been received for these products
The patented multi-fuel sequential management system for hydrogen, natural gas, propane, and all other engine fuels
The Coates Hydrogen (H2) Reactor and all its green technologies is in the patent process. This reactor system produces gaseous hydrogen (H2) from ordinary water or sea water and uses only 1% of the energy produced by the electric power generator.
The Coates Magnetized Charcoal Ambient Air Cleaning System that attaches to the radiators in vehicles is in the patenting process
The Coates Internal Turbine Windvane is in the patenting process
And our industrial diesel and gaseous hydrogen (H2) electric power generator-sets

[bylosellhy]

The 2024 press releases regarding the current products and situation were released on either a Tuesday or Wednesday. Looking for the biggie to come on one of these two days and soon. Hoping it includes the process and timeline for listing our shares again.

[gregsrosen84]

He said $14 billion. No doubt about it.

[gregsrosen84]

Unfortunately not, but I'll nag him about that next week.

[bylosellhy]

Greg, previous PR's mentioned $7B in orders. Did the man really say that it is now $14B as stated in your post.

[bylosellhy]

Thank you gregsrosen84. Did the conversation include anything about when the stock will trade again (status of our stock) ?

[gregsrosen84]

Good evening and hope all is well. Just a heads-up, I spoke with the man himself yesterday afternoon and he mentioned (take it as you will) that they had just closed a 300 million dollar production deal in Culpeper, Virginia and that he'd be "hopefully receiving a deposit by the end of the day".

At the same time, he said they were "full steam ahead for a 14 billion dollar deal" that is the largest project they've ever been part of.

[bylosellhy]

I wonder if the mega deal (if it comes to fruition) includes the below.
December 08, 2023 13:12 ET
| Source: Coates International







THE COATES CHARCOAL AMBIENT AIR CLEANING SYSTEM

Wall Township, NJ, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Air is a combination of different gases. Our earth’s atmosphere consists of approximately 78% Nitrogen and 21% Oxygen and also contains small amounts of Carbon Dioxide (CO2), Neon (Ne), and Hydrogen (H2). While air is mostly gas, it holds lots of tiny particles called aerosols. Air can also contain particles that cause air pollution, soot, smoke, vehicle exhaust and power plants. These pollutants can cause difficulty in breathing for people, plants and animals. During respiration, people and animals take in Oxygen from air and exhale Carbon Dioxide or CO2. Plants use this gas and sunlight to make food. Photosynthesis. With this process, plants shed Oxygen. Large amounts of CO2 are produced from power plants, coal burning, oil and gasoline. Large amounts of CO2 contribute to global warming. The air in our atmosphere around the earth acts as insulation that keeps the earth from getting too cold or too hot. Ozone, a gas in our atmosphere, protects us from too much sun rays.

This simple invention helps clear the air we breathe, extract the harmful emissions and particles HC, NOX, CO2, viruses and tiny microbial organisms, bioaerosols and more that we inhale every day of our life.

All vehicles with combustion engines have a radiator and fan for cooling the engine. The fan vacuums the air through the radiator to cool the engine. There are also fans that push the air through the radiator. The amount of air passing through the radiator is 2,500 cubic feet per minute (CFM). There are 1,490,298 vehicles on the road worldwide. If our air cleaning system is put into each vehicle, we could clean and purify 3,725,745,000 cubic feet of air per minute. This would have a tremendous positive impact on global warming and rid the world of many illnesses including lung and heart diseases. Plants and animals would benefit. The positive results would be endless.

The invention is a specially designed magnetized charcoal filter that slides into place in front of a vehicle’s radiator or behind the radiator. It can also be used in engine generators. 2,500 cubic feet of air passing through the charcoal filter and radiator per minute (CFM) will clean and purify 3,725,745,000 cubic feet of air per minute around the world. The filters would cost approximately $7.00 each and could be fitted in minutes or fit into all new vehicles by the manufacturers.

The patented Coates Charcoal Magnetized Filter is treated with Oxygen to open up millions of tiny pores between the Carbon Atoms. The use of special manufacturing techniques results in highly porous charcoals that have surface areas of 300 to 2,000 square meter per gram. The Coates Charcoal Filter has a magnetic and chemical attraction for attaching the impurities and particles; soot smoke, Carbon Dioxide (CO2), Ozone, (HC), (NOX) and other particles and gases that exist in our atmosphere. The filter can be washed or hosed down and reused or replaced once a year.

The Coates Charcoal Filtering System will be effective for extracting viruses out of our atmosphere and the purification of the air we breathe. This will help people with heart and lung diseases, while lowering the strain on Medicare. It will save plants, trees, etc.

The invention is a specifically designed magnetized charcoal filter that slides into place in front of the vehicle’s radiator or behind the radiator. It can, also, be used in engine generators. In a typical car, 2,500 cubic feet of air passing through the charcoal filter and the radiator per minute (CFM) will clean and purify a minimum of 3,725,745,000 cubic feet of air per minute around the world. The filters would cost approximately $7.00 each and could be fitted in minutes or fit into all new vehicles by the manufacturers. This system is applicable to generators, trucks, vans, busses, and all engines with radiators. This system will solve global warming within a very short time period. Only one year will make a tremendous difference in our atmosphere. This system should be mandated.

Inventors: George J. Coates and Gregory G. Coates
Coates International, Ltd. and Advanced Hydrogen Power, Ltd.
2100 Highway 34
Wall Township, NJ 07719
Office Tel: [phone]
Office Fax: [phone]

[vegasandre]

My friend has been focused on how CIL shares would be incorporated- if such miracle occurred.
This "incorporation" was my interpretation of the events
As GC actually said he would "Buy " ALL the CIL shares first...
but he has said stuff like that in the past. So take it for what it's worth.

[Numbmonk]

Next thing ya know we're gonna be building hydrogen powered Horses. 

[bylosellhy]

" If this event occurs it will be with the new entity, and they will wrap CIL somehow around it." I assume this was from the man in the conversation with your friend investor.

[thisismynuttoo]

Did your friend talk to him at Happy Hour?

[vegasandre]

My Friend spoke with the Man himself Monday.
This friend has a 100% reputation score..
He remarked that GC had never sounded so giddy.
Of course-the history here would say otherwise..
I am still amazed I am posting about this in the year 2025..
Crazy week in many ways.
I feel like I ran 10 marathons then finished off with an Ironman for the hell of it.
Have a great weekend!

[bylosellhy]

By the way. That was a great post. Summed it up perfectly. Couldn't have articulated it any better.

[Numbmonk]

Well, I hope you're right.  
Where is the news from?   Just word of mouth?

[vegasandre]

Literally not an April Fools joke.
Got the word Monday.
Posted it Tuesday. Coincidence...
GC going all in with that chip...

[Numbmonk]

Nice April fools post guy. 🤣

[Numbmonk]

No link no proof no news.    I'll sit in my chair with my chips anyway. 

[bylosellhy]

Could be huge for us shareholders.   

[vegasandre]

Same here..
It is the appropriate ending for this incredible 35 year saga.
- a lesson in human perseverance
-or a final flame out of empty promises
-or the pot of gold at the end of the rainbow worthy of a Netflix series.

Either way, it has been entertaining.

[bylosellhy]

Wow! 😏😉🥴 Have a few chips and a bed. Wake me when its done.

[vegasandre]

FWIW: "Lightning in a bottle"
A long-time Coates investor spoke with the legend himself very recently and had an interesting conversation.
something along the lines of they are "closing" (not just signing) a mega deal
Says stay tuned for the PR in a few weeks...
If this event occurs (you know the odds) it will be with the new entity and they will wrap CIL somehow into it.

all you need is a chip and a chair...

[bylosellhy]

Definitely. Its hard to understand what is going on here. I think the lack of company follow thru on press releases which I don't understand has to do with financing issues and manufacturing options. If they really have $7B in firm orders you'd think financing and/or manufacturing arrangements would be a piece of cake. I could be wrong but at this stage and because they are a private company, there could be more going on behind the scenes than has been revealed (I hope but not convinced or optimistic).

[Numbmonk]

It all sounds great on paper.  Would be nice to see some actual progress or news on a re list. 

[bylosellhy]

The Design and Development of the Most Advanced Green Hydrogen Atomic Reactors in the World Was Completed in April 2024 at the Coates International, Ltd. Research and Development Facility in New Jersey, USA
October 02, 2024 15:27 ET
| Source: Coates International

Share






Wall Township, NJ , Oct. 02, 2024 (GLOBE NEWSWIRE) -- Coates International, Ltd. has completed all tests on its most Advanced Green Hydrogen Atomic Reactor design. A number of independent tests were carried out on industrial electric power generators (diesel + Green Hydrogen) and (natural gas + Green Hydrogen). The company is now focusing on manufacturing their Green Hydrogen Atomic Reactors here in the United States.

Many firm orders have been received from companies in the USA and abroad. Proposed transactions are in negotiation.

Mr. George J. Coates, President and CEO, comments, “No other company in the world has this technology of our Green Hydrogen Atomic Reactors. The systems are totally safe and the hydrogen is used up as it is produced. It only uses 1% of the energy produced by the industrial electric power generator at approximately 50% fuel savings while producing ultra-low clean emissions. We are now working on the larger industrial (1 MW) (2 MW) units to fill existing firm orders.”

The company is, also, negotiating licensing with a number of companies around the world. Coates International, Ltd. has already been awarded many patents with more in the application process. Companies and governments have invested billions of funds trying to do what we have already done. We do not store hydrogen. Hydrogen is in almost all elements and is highly explosive, so storing hydrogen is a dangerous situation. Hydrogen is colorless, however, the way hydrogen is produced from natural gas H2 is grey. Blue Hydrogen uses the same process. Green and Blue are less expensive to produce, depending on the process.

We have invested approximately $40,000,000 USD in R & D over many years. Coates International, Ltd. has designed and built the following technologies:

The Coates CSRV Industrial Generator Engines
The Coates Sequential Multi-Fuel Injection System
The Coates Most Advanced Green Hydrogen Atomic Reactor
The Coates Magnetized Charcoal Ambient Air Cleaning System is in the patenting process
The Coates Internal Turbine Windvane is in the patenting process
Hydrogen is approximately 90% of all atoms in the universe. It has the capacity to power industry, fuel heavy vehicles and ships, electric power stations, and more. Hydrogen does not emit harmful emissions, only water vapor, which makes it a clean low-emissions fuel. The approximate size of the hydrogen market globally is estimated to be more than $1,500,000,000,000 USD.

Contact Information:

Coates International, Ltd.
Phone: [phone]
Fax: [phone]
www.coatesengine.com

[bylosellhy]

Looking forward to see what the New Year brings for Coates Shareholders. Will we all be surprised and thanking the Coates family for their perseverance? We shall see!

[jimbosskow]

Than you bylosellhy for the updates, hope it works out for everyone here. You guys are good people.

[bylosellhy]

That's what they say. We shall see. Not convinced until they actually do it given their history..

[jimbosskow]

So one day we wake up and our stock is listed under a ticker symbol instead of a number for $65,-$100,-/share?

[bylosellhy]

"Does anyone really know what his game plan is?" Have no idea. Except possibly a reverse merger into a existing shell ticker. Who Knows!

[stay long]

It's good to see coverage of COTE on this board. Still hoping for some kind of positive results for this company.

Waiting to see how George will convert his stock valuation of  $67/share to reality. Does anyone really know what his game plan is?