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That's the thing, NOBODY has tested the product.
Cyclone has claimed it's been tested, but they've never released any test results.
Now if you've visited and tested their engines, do pray tell.
What looks even more well made are all the pretend non-functional mock-up engines that Harry Schoell would present to people as real working engines. Such as:
All fakes.
The last picture is the land speed record car Chuk Williams built (he's on the right) and Harry Schoell promised to provide the engine for. After years of excuses Harry never delivered a working engine and the partnership broke up.
Too bad the pretend engines don't run as good as they look.
Yeah, that first video is great. Check the date. More than five years ago.
Now check the latest Cyclone Mark 5 engine video:
Nope, 50 hours without breakdown is all they have to do, and it hasn't been achieved yet. Look at the contract with Combilift, last page:
Beta Engines endurance testing:
Run at Cyclone for a minimum of 50 hours prior to delivery to Combilift
This completes a letter of intent signed and announced in June 2011, and will result in Cyclone receiving approximately $400,000 in development funding over the next nine months
Anyone know when those Combilift engines will ship?
In December they said they expected delivery in January.
All the two engines have to do is run 50 hours without breaking down.
Has anyone asked Frankie what the record run time between failures is?
Anatomy of a CYPW Convertible Note
From one of the Exhibits filed with the SEC.
4. (a) The Holder of this Note is entitled, at its option, at any time, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock (the "Common Stock") without restrictive legend of any nature, at a price ("Conversion Price") for each share of Common Stock equal to 58% of the average of the two lowest closing prices of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future ("Exchange"), for the ten prior trading days including the day upon which a Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to included the same day closing price).
Will May 1st be Dilution Day?
Note 6 in the last 10Q lists the convertible notes CYPW had outstanding last September:
12% convertible notes payable, net of discounts of $63,285 and $48,851 at September 3, 2014 and December 31, 2013, respectively, maturing at various dates from November 2013 through September 2016
10% convertible note payable, net of discount of $0 and $115,585 at September 30, 2014 and December 31, 2013, respectively, monthly payments commencing in December 2013 through July 2014
10% convertible notes payable, net of discount of $54,987 and $58,279 at September 30, 2014 and December 31, 2013, respectively, maturing at various dates from May 2015 through February 2016
10% convertible notes payable, net of discount of $25,765 and $55,109 at September 30, 2014 and December 31, 2013, respectively, maturing at various dates from December 2015 through January 2016
6% convertible notes payable, net of discount of $47,395 and $89,003 at September 30, 2014 and December 31, 2013, respectively, maturing at various dates from December 2016 through February 2017
10% convertible note payable, net of discount of $103,311 at September 30, 2014, maturing at various dates from February 2015 through August 2015
12% convertible notes payable, net of discount of $44,617 at September 30, 2014, maturing at various dates from April 2015 through May 2015
Ahhh, nothing like Planned Dilution.
From the last 10Q, Note 18:
In the fourth quarter of 2014, the Company engaged in the following transactions:
a- The Company issued approximately 80 million shares of common stock in conversion of approximately $55,000 in convertible debt and interest.
b- In October 2014 , the Company borrowed 10 million shares of Company common stock from the Chairman and used the shares for settlement of a liability. The company is obligated to repay these shares as authorized common stock is available.
c- The Company increased the authorized number of common shares to 2,000,000,000 shares. This has been retroactively reflected on these financial statements. Some of these shares will be used to increase the reserve allocation of common stock to the required 300% coverage pursuant to convertible debt agreements.
d- The Company has placed purchase orders for the pre production manufacturing of 10 Mark 1 engines to test application and integration with customers’ systems.
In the third quarter of 2014 the Company issued:
An aggregate of 288,412,566 shares of common stock to 7 investment funds in connection with the conversion of approximately $315,000 in principal and interest on several separate convertible promissory notes.
Yes, that Ohio State University presentation is instructive. Absolutely, check it out.
After 10 years of trying, Cyclone couldn't even make their simple, low pressure, low power Waste Heat Engine (WHE) run for 200 hours to be able to sell a prototype to their customer Phoenix Power Group.
So Cyclone hired Ohio State University to fix the engine. OSU analyzed the 6 cylinder Cyclone design, then threw it away and started over. They came up with the 3 cylinder model in the presentation.
The WHE division was split out last summer, and now trades under the name Q2Power.com. They still are nowhere near having a working product to sell. They still haven't met that 200 hour run time requirement, now more than a year after that OSU presentation.
But here's where it's critical for CYPW: If you can't make the water lubricated bearings work on a low pressure low power engine, they are certainly not going to work on the high temperature, high pressure, high power Cyclone Mark 5 engine.
For instance, page 19:
EXAMPLE OF CRITICAL PATH ISSUE: BEARING ANALYSIS
Little or no data exists outside Cyclone’s own experience for the use of water lubrication for either ball bearings or roller bearings in our environment and under our loadings.
Calculated life using just the bearing load and the scaling factors for the viscosity of the lubricant indicate that very high ratio of load capacity to applied load is required.
Minimal data exists for the use of water lubricated polymer journal bearings in our environment and under our loadings.
Factors of a 4:1 increase in life have been shown with submerged operation, but little long term wear data is available with pressurized water lubrication.
For long term durability, we will need to test bearings and bushings under different lubrication schemes and determine to what extent the lubrication can extend the life of the bearing. Test data will be used to complement bearing analysis and will be used to determine accelerated testing factors.
The thing is, volume won't increase unless people actually buy the stock.
Yesterday afternoon's $23 in trades shows there's a real shortage of serious buyers.
Here's two really good Cyclone videos:
Hey Tom, you feelin' "destroyed" yet?
Hey Big, whaddya buy at? $0.0008? $0.0010? when you got in in December.
Don't worry. I hear CYPW is going through the roof any minute now.
Agree. The asset values come from the imagination of Harry Schoell, just like the engine performance figures.
"Inventory" is parts for engines that don't work. Development was trial-and-error of custom made, very expensive parts. Harry once posted on the steam car club board that he tried 20 different piston designs. If each one only cost $1000 to have custom made, that's $20K of the inventory for pistons proven to have not worked.
"Leasehold Improvements" is money put into Harry's building, so it's gone.
"Patents" is the cost of getting all those patents, most of which went in legal fees. The patents provide zero revenue, so there's little value in them.
"Equipment" I tried to follow once, and got a big jump when the GG Mom speedboat was built, and a bigger jump when the land speed record car was built. They are about 80% of the equipment value, but who wants a boat or speed record car that requires an engine of a unique shape that you can't buy? The other equipment is dominated by a manual mill and manual lathe. On a good day you could sell them for $5K.
The pretend mock-up engines might go for something as souvenirs. People who believed Harry and Frankie and lost their shirts could at least say they got something for all that money they lost.
It's too bad the IRS won't let you sell business losses as tax write-offs. Now that would be worth something.
Yep, the CYPW bankruptcy clock is ticking...
For the three months ended September 30, 2014, interest expense alone was $281,158. The operating expenses that quarter were $1,028,699 beyond the interest. That's a cash burn closing in on $20K per business day.
On the revenue side, they got some money last year from splitting off the WHE division. Since November there has been no revenue. Their only order is two Mark 5 engines for Combilift. If Combilift accepts them, and the acceptance criteria is that Combilift determines they are suitable for powering commercial forklift trucks, Cyclone gets $300K. Less than one month of cash burn. Oh, and Combilift does that acceptance in Ireland, according to no schedule, and the engines are only to be shipped there after they each complete 50 hours continuous on a dyno under load. Even if the engines shipped today, and Combilift really liked them, it would be months before Cyclone got a penny.
The reality is more like this. Combilift paid a $100K deposit three and a half years ago with a promise of engines delivered in 9 months that would perform better than any internal combustion engine. So far they've gotten nothing for that money, except for a whole stream of broken promises. The Mark 5 engine keeps devolving, losing its patented features that were to have given it superior performance, and it still can't run for even 50 hours. Why would they want to dump another $300K down this rat hole?
Tom and I have been analysing the engineering of the Mark 5 over the last year. We had concluded that the patented valve train could not work, the patented condenser could not work, the patented "Schoell cycle" could not work and the engine was not controllable. February's short video clip showed the current Mark 5 has had those patented features removed, and you can hear the engine speed going up and down like a yoyo. Believe it or not, the thing in that video is the culmination of more than $20 million in development.
So, they've got no product and no chance of a product. There's no other asset they have that could be sold to raise cash. They've got big debt and big fixed overhead.
Any minute now the lights are going out. What's a share of CYPWQ going to be worth?
Nope, sorry Rock. I had considered investing in them, and even buying an engine, but the more I dug, the less credibility I found.
It actually took a surprising amount of DD to discover that their flagship product, the Mark 5 engine, has never been witnessed running by anyone outside of Cyclone.
Harry Schoell has made a bunch of shiny, non-functional mock-ups of engines and went around telling people how great the performance was. All Cyclone's awards were for these pretend engines.
Then when he got some actual orders for real engines from real customers, his trouble began. The engines he's spent more than $20 million building don't perform nearly as well as his pretend engines.
So here's a challenge: The Mark 5 engine is 63 months behind its original delivery date. Can you find one reason Cyclone has ever given for this delay?
In most shells there's a fixed amount of stock that can shift around. Some people can make money on it that the other people lose. CYPW has been running on dilution for the last couple years so a lot more people can lose.
CYPW is also a real business with lots of overhead, lots of debt, no working products after 11 years and only one order on the books that is almost three years late for delivery. How long can they continue to bleed money before CYPWQ?
The funny thing with that Army sale was that even though Cyclone claimed it fully met the Army acceptance tests (which they've never divulged, for some reason), Cyclone hasn't tried to market that engine to anyone else.
They did deliver two "Manta Ray 36" engines to Raytheon in 2012, but those were only partial engines and there has never been any word about them since. The Raytheon manager who bought those engines from Cyclone, Kevin Bowen, no longer works for Raytheon.
So the Army engine is the only one built by Cyclone that we know has worked for a customer, or at least worked long enough to pass an acceptance test.
And you can't find a photo, video or drawing of it on the Cyclone website, let alone an order form.
Tom: wasn't the Army engine designed by that outside guy, Carl someone? He doesn't work there anymore. Do you suppose that Harry Schoell's ego couldn't stand having someone around who could make his engine run when he couldn't?
Announcement? Here's Frankie's last announcement from December 30th:
Email Update from the company..
Frankie Fruge <frankie@cyclonepower.com>
Attachments2:14 PM (0 minutes ago)
to me
Dear XXXX,
Thank you for your interest and investment in Cyclone Power. Please see attached for the status of the Cyclone Engines. All of the Corporate partners have been either delivered and are in their testing procedures or the money for production models was sequestered as two of our large contracts were government funded. Check out link www.teamsteamusa.com this will be running as soon as we get another $20,000 to finish the car. We cannot take Cyclone money to pay for the car just the engine.
We will be delivering the two engines to Combilift in the next 30 days and it will be installed in a fork lift.
Please do not hesitate to contact us.
Kindest regards,
Frankie Fruge
President/Director
Cyclone Power Technologies, Inc.
Frankie@Cyclonepower.com
954-943-8721 - phone
954-788-6565 - fax
SKYPE: cyclone.power.technologies
CYPW now "SEC Reporting - Delinquent" OTC Pink Limited Information
Limited Information
Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to provide disclosure pursuant to OTC Pink Basic Disclosure Guidelines.
The Combilift Engines for our customer in Ireland is on its final testing on the dyno and will be ready for shipping when the testing is completed
Price rises to $0.0005 on a 50 cent trade Yeah!!
$343.50 shows just who believes the price is going up.
If people really expected CYPW to rise, daily trade volume would be in the tens of thousands of dollars.
After all, you can buy as much as you want at 0.0004. If you think it's going to 0.0020, or even 0.0010, wouldn't you be in buying now?
As Yogi Berra said, the fans are staying away in droves.
Nice summary Tom. For example, here's a timeline of announcements made for the Waste Heat Engine (WHE). Considering it was much simpler than the Mark 5, not being able to make it work properly is an awfully good hint that they were never anywhere near commercialization of anything.
Sept 24, 2007 "The company believes that the WHE could be in commercial production by the end of 2008."[16]
October 6, 2008 "The company expects this engine to be ready for production by mid 2009."[32]
February 10, 2009 "the company will soon install the first beta WHE system at Bent Glass Design in Hatboro, PA."[18] (Delivery of the engine did not occur until July 2010, and operation wasn't reported until December 2010.[24])
June 2, 2009 On the Bent Glass Design engine: "We will be conducting additional heat and durability tests over the next 30 days with a new installation date scheduled for Q3 2009."[33]
August 10, 2009 "Advancements we have made to the WHE have increased the power output and projected longevity of the engine, which, when we are done in the next few months, will be ready for commercial production."[34]
December 31, 2009 2009 Annual Report describes the WHE as being in "Production" stage with "Estimated Completion" of Q2, 2010.[35]
July 19, 2010 “While there is more testing and validation to be done, we forecast that our revenues from waste heat operations could approach $50 million annually within five years.”[36]
Apr 22, 2011 "with the first engine slated for commencement of production in late 2011 or early 2012."[37]
December 31, 2011 2011 Annual Report estimates WHE production to begin in "Q3 2012".[27]
September 2012 "the two partners will be optimizing the performance and durability of this system, with the goal of commencing pilot programs and limited run production in 2013."[28]
December 31, 2012 "Our business model is to manufacture and sell these engines to commercial customers and vertical partners starting in late 2013."[38]
March 30, 2013 "This is an important partnership for the Company as it works to place its initial engines into production by the end of 2013."[29]
June 30, 2013 "Several prototypes of these engines are nearing completion with one model currently expected to go into limited production by the end of 2013."[39]
September 30, 2013 "Management believes that its strategic program to ready the WHE by the end of this year for limited Generation 1 production will be successful."[40]
November 21, 2013 "We plan to be getting this into manufacturing mode in the beginning of 2014."[41]
May 20, 2014 "and advance its plans to commence engines sales of the WHE by mid-year."[42]
Sorry, make that "Not Crazy" Dilution is going on.
BTW, here's a test for observant readers. Watch the Cyclone Mark 5 engine update for March 2010:
Oh yeah, no dilution going on here....
source
They have no products and no revenue. They've been issuing convertible notes for cash to keep going. The notes convert to stock at up to 45% discount from market price.
Each time one matures, there is a big increase in volume and the price drops, for instance:
Just have to make sure you get out before one of these events.
Cyclone Success: Any Minute Now!
Harry displayed at the SAE small engine conference in September 2008. The local paper interviewed him and included
The engines still need some refining, Schoell said, but mostly only minor mechanical issues remain.
and you could grow algae on top of a pond, use that for fuel, and raise catfish in the same pond.
Hey Tom, I think you're being generous with their chances.
But I am amazed that they don't just put it in bankruptcy and flip the shell. Probably Harry's ego is what's standing in the way. A voluntary bankruptcy would be a public admission his "ingenious invention" was a failure.
No doubt Schoell Marine has secured all the assets. No other creditor would bother petitioning for bankruptcy since they would get nothing.
Harry Schoell would be the only one to place any value on his patents, inventory of (non-working) engine parts and equipment, which seems to consist of a manual mill, manual lathe, land speed record car (with no engine), water speed record boat (with no engine) and various cookware dressed up as fake engines.
My guess is that Schoell Marine is now carrying Cyclone. Cyclone has always paid dear to rent the entire 6000 square foot Schoell Marine building. The last two or three years Cyclone has also been paying to rent 2000 square feet of extra space. There has never been any pictures of that space, but pictures of the Schoell Marine building no longer show the truck frame, lawn mower etc., etc. filling up a corner. So all the Cyclone dead stock is stored somewhere else. The WHE stuff all went to Ohio. There is only that mickey-mouse engine stand left to fill the 6000 square feet of Schoell Marine building that Cyclone rents.
And when you figure that Cyclone has been paying at least $2 million per year for the last several years for "General and Administrative" expenses, with Harry and Frankie claiming not to take salaries, it's one hell of a lot of money to spend in a complex with only a tiny amount of office space. Where has it all gone?
Everyone who designed, fabricated, tested or touched an engine is R&D expense, not general and administrative. Take those people, all the materials purchased and contractors fees out of the mix, and what else have they had to spend money on? Especially $2MM per year. Look at pictures inside the building over the years, and not much has changed. So the money didn't go there. Where has it gone?
The financing costs are also in their own category.
There's always been an "Operating Agreement" between Cyclone and Schoell Marine for "services". That's the only drain that I have ever found that could explain the constant cash outflow.
My bet is Harry is now drawing back some of the cream he's been skimming off Cyclone to keep it going.
Woo-hoo! $356 in trades today. That beats Friday's total of $330.
People are really loading up on CYPW for that big run that's coming.
Frankie: Why are engine deliveries more than 5 years late?
Sure, it's a new engine design and R&D needs to be done, but why did you promise deliveries to customers and take their money if the engine wasn't working?
Why did you pay out $400,000 in late delivery penalties to Phoenix Power by April 2012, only to have them completely cancel their order by September 2013?
Why did you tell Combilift in September 2011 you could deliver engines to them in 9 months, but still haven't delivered them?
Phoenix required your engine to run for 1 week (168 hours) before delivery. Combilift only requires 50 hours of operating time, yet you still haven't reached even that requirement.
Why did you tell a shareholder in email on December 20, 2014 that the engines would be shipped to Combilift in "30 days", but not announce that material information to all shareholders as the law requires?
Why is the Mark 5 engine now 63 months past its originally promised delivery date? You've never given a single reason.
Do the Very Smart people at Cyclone simply not know why the engine can't be delivered to customers?
Is there are reason there has never been a public demonstration of the Mark 5 engine running?
Why did you build the custom "GG MOM" speed boat and announce in May 2011 you were going to set a speed record for steam boats, but apparently still haven't even put the boat in the water. That was four years ago now. How much did shareholders pay Schoell Marine to build that boat? Why has it never been launched?
I call this "material information" according to the SEC definition. Why don't you release it to shareholders?
The patents are worthless. They aren't even trying to maintain that pretense anymore.
Here's a frame from the Feb 24 2015 update video:
Also have a look at the Mar 10, 2010 update video. Five years later and... It still makes noise. It still turns a shaft with no load attached. It's speed still goes up and down, seemingly with no way to control it.
So if Cosworth sold engines based on promised horsepower and fuel efficiency, then never delivered them to customers even years later, would anyone recommend investing in them?
Very Smart People, 11 years, 4000 bagholders, no working product.
Look at 2013 spending:
Advertising and promotion $11,401
General and administrative $2,100,104
Research and development $772,795
Total other (expense) $1,057,739 (mostly interest and derivative expenses)
This R&D company only spends 19.6% on R&D.
But 53.3% goes to "General and administrative". That's actually down due to so much interest. Before the toxic financing set in they spent about 80% on "General and administrative".
Funny thing is, even though the vast majority of spending ("The cumulative deficit since inception is approximately $54.7 million, which is comprised of $22.9 million attributable to actual operating losses") went for "General and administrative", they've never actually explained where all that money went.
Lots of paperclips?
Keep in mind that CYPW rents the Schoell Marine building, and has an Operating Agreement with Schoell Marine to provide employees and services.
Schoell Marine is wholely owned by Harry Schoell, controlling shareholder of CYPW.
Yep, 11 years now of redistributing wealth from shareholders. Very, Very Smart people.
What reason did Frankie give for failing to deliver the engines as she promised?
Of course, failure to deliver a working engine is nothing new. Here's a timeline:
July 30, 2009 First two Mark V engines are sold to customer Phoenix Power Group LLC of Tennessee with a quoted delivery time of six months.[4] The contract required that "The Mark V engine shall produce approximately 92hp" and that "The final working prototype engine will have been thoroughly tested by continuously running the engine at a minimum of ¾ power for 7 consecutive days". The contract contained a late delivery penalty clause of $25,000 per month if engines were not delivered within nine months.
December 9, 2009 Cyclone Power Technologies promises a high performance Mark V engine[5] to Chuk Williams who was building a race car to break the land speed record for steam powered cars.[6]
December 11, 2009 A license is provided to Great Wall Alternative Power Systems Ltd, to produce Mark V engines for the China market. Technology was to be transferred "Upon the completion by Cyclone Power Technologies of its initial pre-production prototype Mark V engine in the United States, anticipated to be in mid to late 2010".[7]
October 18, 2010 Contract with Phoenix Power Group amended to substitute the delivery of two "WHE-25" (a small, simple steam engine) for the two Mark V engines in the original contract. However, the contract continues to state "Cyclone continues to use its best efforts to deliver two Mark V working prototype engines to Phoenix as soon as possible."[8]
April, 2011 The Raytheon company orders "multiple" Mark V engines.[9] Two engines were delivered to Raytheon in June 2012, although the delivered engines were "MantaRay 36" engines rather than Mark Vs.[10] The MantaRay engine did not have the burner, steam generator, condenser or combustion air preheaters of the Mark V engine.[11] There has been no news of these engines since the announcement of that delivery.
May, 2011 Cyclone Power Technologies builds a speedboat, the 'GG Mom', to break the water speed record for steam powered boats using the Mark V engine.[12] Although they state record attempts will be made that summer, the boat never appears to have been run.
September 12, 2011 The Combilift corporation in Ireland orders two Mark V engines. The contract specifies the engines will be "Run at Cyclone for a minimum of 50 hours prior to delivery to Combilift".[13] Delivery was to be in July, 2012.[14]
March 23, 2012 After numerous delays in the promised delivery of the Mark V engine for the land speed car, Chuk Williams announces the collaboration with Cyclone has ended.[15] Chuk obtains a steam engine and runs his car on the Bonneville Salt Flats in October, 2012[16]
April 2012 The contracted engines were not yet delivered to Phoenix Power group and "As of April 2012, the maximum $400,000 contracted penalty has been provided" for the late delivery.[17]
January 2, 2013 James Landon, CEO of Cyclone Power Technologies issues Letter to Shareholders and states: "To assist us in moving this project towards completion, we have recruited contractors with expertise in certain areas such as condensing systems. We are confident that we can start delivery of engines to our customer in the first half of 2013.[18]
February 2013 James Landon resigns as CEO and Director of Cyclone Power Technologies.[19] There is no further mention of contractors assisting in overcoming development problems with the Mark V engine.
September 2013 Great Wall Alternative Power Systems terminates Mark V engine license agreement with Cyclone Power Technologies.[20]
September 30, 2013 Contract with Phoenix Power Group amended to say "No other engines including the Mark V engines, other than as specifically stated herein, are required to be delivered", ending the order from Phoenix for Mark V engines.[21]
January 2, 2015 Cyclone Power Technologies reports "Our R&D team is moving towards completion of the Mark 5 project in Quarter 1 of 2015. These engines are to be delivered to Combilift for use as a clean-burning power supply in material lift equipment."[22]
February 23, 2015 Cyclone Power Technologies posts a video[23] of the Mark V engine undergoing testing. This engine differs considerably from previous descriptions of the Mark V. In particular:
There is a large automotive radiator and fan mounted externally to the engine acting as a condenser rather than the integral condenser that was the subject of US patent 7798204.[24]
There is no preheating of the combustion air. (See Schoell Cycle below.)
The admission valve system has changed from a cam and linkage operated poppet valve on each cylinder head to a central rotary valve. The cam and linkage valve control mechanism was the subject of US patents 7730873[25] and 7784280[26]
This version of the engine is not protected by the basic Cyclone Power Technologies engine patents US 7856822[27] and 7080512[28] (as well a variety of similar patents in other countries) because the patents only cover an engine with an integral condenser and that preheats combustion air. The version of the Mark V engine in this video does not have these features.
Yeah, that Frankie is very smart, and honest, too.
Contact her for insider trading information that doesn't come true.
Here's what she emailed someone December 30th:
Email Update from the company..
Frankie Fruge <frankie@cyclonepower.com>
Attachments2:14 PM (0 minutes ago)
to me
Dear XXXX,
Thank you for your interest and investment in Cyclone Power. Please see attached for the status of the Cyclone Engines. All of the Corporate partners have been either delivered and are in their testing procedures or the money for production models was sequestered as two of our large contracts were government funded. Check out link www.teamsteamusa.com this will be running as soon as we get another $20,000 to finish the car. We cannot take Cyclone money to pay for the car just the engine.
We will be delivering the two engines to Combilift in the next 30 days and it will be installed in a fork lift.
Please do not hesitate to contact us.
Kindest regards,
Frankie Fruge
President/Director
Cyclone Power Technologies, Inc.
Frankie@Cyclonepower.com
954-943-8721 - phone
954-788-6565 - fax
SKYPE: cyclone.power.technologies
Nelson Hoyos has left the building...
From his Linkedin page:
Driver for the TeamSteamUSA LSR Streamliner
Cyclone Power Technologies/Team Steam USA
March 2012 – March 2013 (1 year 1 month)Pompano Beach Florida
Pending the donation of safety gear the car will be subject to test and performance runs.
uh-oh, looks like everyone loading up at .0004 have run out of money. First hour of trading today is at .0002 with a total of $7.60 in trades.
Hey Tom, speaking of auto repair costs, do you know that you can buy a brand new 195 hp 350 Chevy crate engine for less than $1600? It comes with a 12 month/12,000 mile warranty.
That's genuine GM new engine. GM makes a profit on it and the retailer makes a profit on it. Production cost must be quite a bit less than the $1600.
Let's suppose Cyclone gets their 100 hp Mark 5 engine to actually work. (OK, the original quoted delivery date was January 2010, and the latest quoted delivery date was end of Q1 2015 still with nothing delivered, and still no public demonstration of an engine actually running.) What do you suppose it will cost to build Mark 5s? What kind of warranty can they offer? The Mark 5s only had to run for 50 hours before Combilift would accept them, and that obviously hasn't happened yet.
Me, I'm just surprised Harry and Frankie haven't cashed out yet and declared bankruptcy.
Hey Tom, you called it.
I had done up that picture one evening after the PR of the Army genset delivery. Harry said:
We believe our technology can have an even greater impact on the prime movers themselves, the tanks and trucks especially, where strict dependence on diesel and JP-8 has always been a planning hurdle in deployment and supply. These engines open up many options.”
Link? It's even on Wikipedia:
Wikipedia Link