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Hi Tom - apparently the MMs still have their trolls trying desperately to drum up activity. I am watching in morbid fascination to see just how long this "shell game" can continue. It's already gone on about 4 years after I thought it stop.
Amazing :o)
CYPW died nearly 2 years ago. Frankie & Harry have no idea how to wrap it up while extracting what dollars they can. They are relying on stock sales but the MMs are simply trading inventory to simulate activity. Occasionally, they hook a few fish, but not enough to make a difference.
Has anyone heard from Chris Nelson?
Wow! "I wouldn't worry about Delusions-R-Us, they are never going to run." That quote, from James Crank back in July 2014, is about as damning as you can get. I wonder if he, Harry and Frankie exchanged Christmas cards last month?
Wow! "I wouldn't worry about Delusions-R-Us, they are never going to run." That quote, from James Crank back in July 2014, is about as damning as you can get. I wonder if He, Harry and frankie exchange Christmas cards last month?
Hi Tom - your suggestion would require some serious engineering to implement. Sadly, there's nobody @WHE-GEN who is capable of that. I would call that a major rate-limiting step to success...
Chris Nelson was in Ohio opining about renewable energy tax policies. Here's an excerpt:
"Christopher Nelson, CEO of WHE Generation, which harnesses wasted heat and energy byproducts into usable power, said Ohio lacks predictability in its policies, which is driving down investment.
"We're not looking necessarily for handouts from the government to run our company. What we do want is stability, predictability for the future so we can know and we can judge moving forward where we can best grow our business and put our money to work," Nelson said.
Nelson and the other panelists said their companies are looking to states with more consistent energy policies to grow their businesses.
Ohio was the first state to roll back renewable energy and energy efficiency standards. Supporters of the freeze said the standards have increased consumers' utility bills and discouraged job growth. A panel of lawmakers is further studying the standards during the freeze."
Scary things happen when non-engineers try to "invent" real-world hardware devices. Consider this gem which appeared as a letter to the editor in a local newspaper (enjoy!):
"In terms of long-haul plane safety, airline designers need to think outside the box. The flying public deserves retrofitted floatation systems that would deploy upon contact with water. Since NASA has time on its hands, this would be an apropos time and opportunity for it to test such a system. And if it works, think how many jobs this would generate for our returning veterans from Afghanistan. As an independent inventor, who is not tethered by research and development lab peripheries, I'm going to submit doable solutions to Boeing and others. I urge others to do the same.
Frank Leach
Cleveland Heights"
10Q Item: Issuance of 399,038,505 shares of Common stock for debt repayment $1,048,232. That tells the story, folks :o)
Hi Tom. The questions regarding CYPW's "technology" have been adequately addressed - thanks again. The question of CYPW's demise is only a matter of when and how - not "if". I am curious as to how long the CYPW can keep up the charade.
Agreed. I'm just watching the slow-motion train wreck out of morbid curiosity. Anuyone actually call CYPW lately?
Hi Tom - Nice summation. Trolls don't care because they need to drum up clicks and interest. And the beat goes on...
That sums it up nicely.
Agreed. It's all amazing.
The original "perps" - Robin Moody (Dublin OH), James DiPrima, (Omaha NE) - had a number of SEC complaints filed against them back in the 2007 time frame. They also had an IRS issue for back taxes (941 form) from some previous enterprise (they have had many). That cost them about $100k but in selling the shell to a sadly naive Harry Schoell, they netted enough to deal wioth everything and move on, leaving Harry totally befuddled (and the poor guy still is that way - even more so now).
DiPrima split from Moody years ago because although Robin Moody was a good "purse snatcher" (= he could get direct investment dollars), he also brought a lot of overt risk. Dangerous.
DiPrima preferred to operate in the gray areas. Here's his latest enterprise: http://www.otcmarkets.com/stock/RSII/profile
Hi Tom - the posts by the pumpers are getting lame. It seems their heart is not really into the effort.
The only way out for Harry is to sell the shell and get something for it. Then, a reverse split will have to be done and the fractional guys discarded. I don't know FL law regarding outstanding corporate liabilities - if they are carried along then Harry will have to settle them with more stock issuances - as appears to be the plan.
Chris Nelson is the crafty coot to watch here. He actually represented Harry Schoell as "securities counsel" years ago. Then he realized that he could make a lot more money going over to the "dark side" and playing "pump-and-dump" with non-existent technology.
When he saw that unraveling, he created WHE-GEN so he could do a "lateral arabesque", create a new entity and find something else to wrap inside it.
I would not trust him either.
Could be. Chris Nelson remains MIA. That should make everyone wonder...
Time has already spoken. Where have you been since July 2007?
A good analogy. The only CYPW supporters out there anymore are trolls, possibly operating at the behest of less-than-reputable market makers. In the PinkSheet world, you'll often have that.
Agreed on all counts. Thanks.
@Tom, Buddy - thanks for the discussion. I am an engineer, but EE/CE rather than ME. Harry always struck me as a "basement bomber" and his lack of formal education always showed. Now, after nearly a decade, it's become painful. CYPW died years ago when the "final" stock price decline began. I got most of my shares out before it really got bad (< 10 cents), most were sold between 16-28 cents.
He has nowhere to go (either biz-wise or technically) and I'm sure he has been looking around for a place to flip this shell. However, it's become so polluted that who would want to re-purpose it? Maybe FL law allows for shedding liabilities in some way, I just don't know.
Chris Nelson (former securities lawyer) has disappeared. He's clearly gone to the "dark side" and it will be amusing to he where he ends up when he raises periscope.
Thx for the analysis. In my conversation with Harry years ago, he struck me as a "basement bomber"; i.e., a guy who had a knack for mechanics but the advanced mathematical analysis (and material science) required for advanced engineering design always eluded him.
Trading activity appears to be MMs shuttling it back and forth to drum up an occasional unsuspecting buyer. Very common when a PS stock is moribund.
Chris Nelson has been silent with the WHE-GEN endeavor. Wonder if he "jump-shifted" yet by acquiring a shell and wrapping it around something with more allure? It's merely a matter of time.
Does anyone answer the phone when you call CYPW?
CYPW descended to 9/1000ths of a dollar. It's dead.
"Awesomesauce!" as the youngsters often say. It appears that Schoell has gone over to the "dark side" by posting false or deliberately misleading PRs. Under FLA law, that's tough to prosecute. Note how silent Chris Nelson is with WHE-GEN. He's probably preparing to grab a new (clean) shell and then make a "splash".
Yeesh.
Agreed. It's sad to see the desperation in Schoell and company's M.O. One conversation that I had with him some years ago convinced me that this guy would never be the brightest bulb in the pack. Nelson used him for a name, some PR and access to a shell. Since then, Nelson had to split away in order to recreate any appearance of value, and I suspect that the reality will be another "zero" in that regard. He will emerge somewhere soon I expect.
People got misdirected by some alleged "tech" when this was all merely another pump-and-dump pink sheet scam.
The entire play is older than dirt.
Some data on Gary Champagne: http://www.zoominfo.com/p/Gary-Champagne/1794642339
Here's the link to "Republic Energy LLC: https://plus.google.com/118180725381827376480/about?gl=us&hl=en
Another "one-man band". Yeesh. We've seen this game played way too many times.
Hmmmm. >$2 million in debt and $175k merits a PR. Yeah, that's according to plan. Yeeesh. A little honesty here: is anyone still think that CYPW has a profitable future?
Chris Nelson ALWAYS follows the money. Thus, WHE-GEN stock is what might have limited temporary value (only because you can ride the wave until it beaches). Meanwhile, CYPW has so many shares outstanding and so much accumulated debt that it would take a miracle (or ongoing clever manipulation) to move the stock.
I read the 10q. It's a nice obituary.
This is how poorly-crafted dreams die... I've seen it before with this same shell.
{snicker}
If you are bullish, then buy the stock. Nothing's stopping you. There's surely enough to sell so there's no danger of your "buy" order going unfilled :o)
Wow. I guess it could be worse: they could have listed "goodwill" as an asset :o)
It's worse than an Indian "click farm" :o)
CYPW's Website is horribly out of date:
http://cyclonepower.com/corporate_profile.html
http://cyclonepower.com/leadership.html
That alone is bad news....
Chris Nelson is handling the "new enterprise" (WHE-GEN) which presumably will acquire and utilize a new public shell. Thus, he is no longer @CYPW to ensure that the proper filings are prepared and made in a timely fashion. He was a FLA securities lawyer before he succumbed to the "dark side".
There is a clear movement: more shares are being issued continuously. The results are depressingly predictable.
The only way out of this death spiral is to successfully create and sell a product to paying customers. Since that is not happening, I wouldn't be too hopeful here.
All that's going on is the MMs struggling to sell their inventory. That's getting harder to do every week and the steady price decline shows that.
That's an effective tactical summary. Thx.