Don't know. Reverse Merger and name change possible to Advanced Hydrogen Power. There would be no public announcements if Coate shareholders weren't going to benefit somehow. Course thats probably a long shot. Who knows.
So is their Tractor Beam LTD site! Wonder why?
yes it is 7 B..
he made an error in PR..
Wall Township, NJ , Feb. 24, 2022 (GLOBE NEWSWIRE) -- Coates International, Ltd. (COTE) and Advanced Hydrogen Power, Ltd. (the “Companies”) have received firm orders amounting to $7,125,000,000 USD for their CSRV® Hydrogen (H2) Electric Power Industrial Generators including the H2 Reactors.
Didn't they say before that it was 7B orders ? Now it is only 7M.
Lol yup his bills have been piling up!
It’s almost hard to believe, but it won’t surprise me to see that he has found some people with more money than sense to go along with his new scam.
he is still trying...
COATES INTERNATIONAL, LTD. AND ADVANCED HYDROGEN POWER, LTD. ARE PLANNING TO MERGE OR CIL HAVE BECOME THE 100% OWNER OF AHPL.
Wall Township, NJ, June 21, 2023 (GLOBE NEWSWIRE) -- Wall Township, NJ, June 21, 2023 (Globe Newswire) – Coates International, Ltd. and Advanced Hydrogen Power, Ltd. are doing a private placement offering (to accredited investors only). Under section 4(A)(2), formerly section 4(2) and rule 506 of regulation D, promulgated under the securities act of 1933, as stock, par value $100 per share (the “securities” or “shares”) for the purchase price of $100 per share. The minimum individual investment is $50,000.00, although the company reserves the right to accept subscriptions for lessor amounts. This offering will terminate on the earlier of (a) date of the companies in their sole discretion, elects to terminate, (b) the date upon which all shares have been sold subject to an increase to the size of the offering, or (c) December 31, 2023, unless extended by the companies for up to an additional 90 days (the “offering period”). The companies also reserve the right to increase the size of the offering. The companies have large signed orders amounting to $7,125,000.00 for their Hydrogen (H2) products and have two license commitments, one for $100,000,000.00 USD and the other for $25,000,000.00 USD. These are manufacturing licenses in different countries and territories.
It IS a hard thing to comprehend! What isn’t hard to contemplate is how GC paid his mortgage and bills all these years from some fluff, a piping hot share printer, and paint! :)
Paint and printing is all that EVER happened here, years and years and years and years and dilution and reverse splits and every “pesky” investors lost every penny to GC’s pocket.
Thanks vegas. We shall see. Encouraged somewhat but prior experience leaves me skeptical. Love the news and hoping to see orders soon for the units. This could be awesome.
NEWS Advanced Hydrogen Power, Ltd. and Coates International, Ltd. Have Completed the First Production Quality, Hydrogen Reactor at Their R&D Headquarters. Initial Performance Testing Fully Met the Companies’ Expectations.
Wall Township, NJ, March 01, 2023 (GLOBE NEWSWIRE) -- Coates International, Ltd. and Advanced Hydrogen Power, Ltd. have completed the development, design and engineering of their first production quality Hydrogen (H2) Reactor. This Coates production Hydrogen (H2) Reactor is suitable to be coupled with their 100 K.W., 150 K.W., 200 K.W. and 250 K.W CSRV® Electric Power Industrial Generator-Sets. Operation of the Coates (H2) Reactor only consumes a little less than 1% of the power produced by the CSRV® Industrial Generator-Sets. Performance testing to date has achieved all of our goals for this product. Management is enthusiastic with the companies’ progress to achieve this milestone and planning for production operations is now underway.
Company President and CEO, Mr. George J. Coates, EE ME, and his son, Vice President, Gregory G. Coates, ME, are the inventors of these new most advanced green technologies. Mr. George J. Coates comments: “We have been working six and seven days a week for many years and now we have succeeded with creating one of the most Advanced Green Hydrogen (H2) and CSRV® Technologies in the world. No other company in the world has this green technology. Many new patents will be filed with the US Patent Office and around the world. We are now ready to start production operations. We have received various offers of interest to establish production in other countries and locations. However, management is considering all viable, available options. Producing Electric Power from plain water or sea water is a major step forward in solving many global problems. This is the ultimate green technology that will benefit all.”
Yes, the right word is Mystery. it is a hard thing to comprehend 31 years of work with no sales. All the PR's with promising avenues of revenue. I wonder if China is still involved.
thanks for the update on that.
glad he called back.
I cannot believe that he still has that Wall twp plant open since 1991...
it is one of the greatest mysteries of our time- not a product sold and still open 31 years later.
Barry Kaye did call back. Left me a message saying they are working on a number of things but of couse wasn't allowed to share any more deatailed information. I called back a few days later and asked (left voice mail)if it was the financing that was the main sthing being worked on but I he hasn't responded. Wish that I hadn't missed his call back and therefore missed the opportunity to possibly dig a little deepter.
I called them last week and a lady answered (very professional). Said she would forward my inquiry to Barry Kaye (Controller/Finance Officer) and he would give me a call. Haven't got that call back.
Ah Ha! So the Old Coate is at it again!
Another use for the amount called 'billions'.
Does anyone know if there is to be any stock offering?
Fortunately all my shares were well used as a tax write off years ago and it could not have been more timely.
The mechanics are still more than relevant for the engine (don't know about the H2 generator stuff efficacy) and the market is there to be had especially in the large commercial marine market.
Any scuttlebutt you folks have would be worth me chasing down. I am up for putting a few discretionary bucks in again just for yuks.
Saying hi to all who read this and good luck and best of health to all. George M
Well this is a nice surprise. Not the Coates thing, the I see everyone's names from the past thing. So, lets imagine the company is listed again. Does this mean our shares that were worthless under symbol 190643304 become tradeable again? Please enlighten me.
As of the amount of $7 Billion, reminds me of that part in Austin Powers where Dr Evil was asking for 100 billion dollars.
ouch, that was my birthday
The reverse split was done May 27, 2022. We may hear more on what is going on between now and September. Maybe they can now raise some capital (Private Placements or debt now that the Capital structure is more reasonable) to build more production capacity and fill the so called $7B in orders. Could be wishful thinking but we shall see. See a tiny light at the end of the tunnel.
(Globe Newswire – February 24, 2022: Coates International, Ltd. (COTE) and Advanced Hydrogen Power, Ltd. (the “Companies”) have received firm orders amounting to $7,125,000,000 USD for their CSRV® Hydrogen (H2) Electric Power Industrial Generators including the H2 Reactors. These units are coupled together as one power unit. The R&D on these new technologies is complete. [b]The first production models are being built now.. I would sure like to know if "are being built now" is verifiable. That was February 2022. Is it possible they have done a reverse merger with Advanced Hydrogen Power? Link to nice Website https://h2powergen.com/company-news
I do see the splt in my Schwab account but no processing fees.
just got your message but I see it was answered.
This tech is not proven and there have been no real deals yet, No Way on the 7 billion dollar deal, There was never even a follow up on the previous 100 million dollar deal and there are never any other companies mentioned, 99.9 percent lie.
Appreciate you taking the time to post that link, wow, that's a pretty impressive number they're talking about related to the orders! We just might have something going here, could get interesting!!
Again, thanks and have a great weekend!
I've read on this board where people have mentioned this 7 billion dollar deal but I can't seem to find that PR anywhere. If you could point myself in the right direction I wouldn't mind taking a look at it, thanks!
I agree something must be happening but if Mr coates is scamming again, he should learn a better way, LOL. 7 billion dollar deal? NO WAY!! He should make his bogus press releases more believable, imo
I checked and had no fee related to the R/S, not even a single penny. I figured there would be a penny or two charged because they do that on all my option trades, $.65 commission and .03 fee on every GOOGL option that I trade which is about 6-8 trades per day. I trade BA options also quite often and they charge me $1.30 commission and a .07 fee, go figure, in the money BA options are way cheaper than in the money GOOGL options but they charge twice the amount for a commission on the BA trades. I figure that may be because of the exchange where they trade, don't have a clue to be honest. I really don't pay much attention because it's virtually nothing that they charge. Back maybe 15 years ago, 20 for sure, I can remember paying $1,500 up to $3,500 commission for a single trade where as today, that same trade would be like 65 cents, wow, how times have changed!
I agree that something must be up, they didn't do a R/S for a bunch of shares that were just sitting there for them to continue to sit there doing nothing, makes no sense. I kind of like your NASDAQ theory but that's probably just wishful thinking! it's possible so I wouldn't right that theory completely off. I would guess that at the end of the day .22 to .25/sh looks more appealing related to a real company rather than .0003 or .0004/sh! Another valid reason is to reduce the tradable float, the share price can be moves much easier if there's say 50 million shares versus 1.5 billion shares, 50 mil can be traded in 1 day, in other words the entire float can be flipped in a single day!
Good luck to us all.....................!!
I also had a small fee on Etrade and merrill..
he filed the split on the nevada silver flume corporate site.
the good news is that he had zero reason to do this unless he has a plan for the resurrection in the near future.
IMO if he did it his plans are for straight to the Nasdaq.
would need a miracle for that to happen (major deal signed/financing and underwriting by major firms)
so $3-5 per share to max of $10 in this "miracle world.."
I am still counting this as a zero but have not taken the tax loss.
Still showing a cusip # and not a symbol, at least that's what my acct is displaying. When a symbol appears that's when we'll know that were about to begin trading again! Could be trading around .02 to .03/sh if and when it begins trading. Could be a whole lot more if that article indicating they've signed a 7 billion dollar contract is valid. I haven't read the article but when the scam is on, the usual language is something like this, "we've signed a letter of intent with so and so for X amount of money"! It's always worded as a letter of intent which is of course non binding and therefore very difficult to advance any type of lawsuit in any court of law.
250 to 1 split in my acct also. Hopefully this is a good omen.
Well the hours it would take to report it would definitely be a waste of time, I have been down that road and I would rather just lose my investment. I knew going in it was risky and while I dont mind seeing companies fail I hate blatant scams. Really a 7 billion dollar order, Lmao Glty The ceo is a POS
We shall see . You never know. Report it to the SEC if you are that sure it is not real and a scam. Keep in mind, it could be real but it may never be able to fill the orders for a number of reasons and stock will remain worthless. I am not optimistic at all.
they're not real, just like the last several press releases. I'm just not sure why this goof is still trying to fool people since the stock doesn't even trade.
This is strange, he obviously is not trying to sell shares. There is new news on the coates website. I guess the big question is are our shares any good any more? probably not.
If he comes back on NASDAQ (highly doubt it) and leaves the shareholders of Cote behind, we should get together and start legal action against the new company, his associates and himself. We shouldn't just let him lay into a nice, comfy new bed without us.
Let's think for a moment: what kind of companies do business over $7B??? Are they the kind like Cote? =)