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No, of course you're right. A billion shares is concerning dilution and that is sugar coating it. No argument there.
What I am saying is that I believe there is a two pronged opportunity here- 1) The H2/Bev Graph is the most credible play in terms of probability where money could exchange hands any day now. If that were to happen, you as well as anyone on this board would witness one of the greatest single day stock pops we've ever seen as it relates to this company. Why? It absolutely would not be based on company valuation as there are now 6.4 billion shares or whatever you said but would be based purely on emotion; an actual sale which would put Coates on the map. 2) The Shanghai opportunity: If China is seriously willing to invest into this technology in an industrial park setting (billions of dollars), well to me, that is the most exciting opportunity on planet Earth and I don't think it's as far fetched as you make it out to be. They are talking and if that trigger gets pulled, Coates would be mentioned in every major news agency in both hemispheres. Either way, I'm simply proposing that dilution will stop immediately when the H2 money changes hands based on an average of how much Coates spends per month.
Best of luck to you. Clearly you have it all figured out.
For the first time in a very long time I'd have to disagree about dilution. I think dilution is done. Things are coming together nicely and I expect to see a sustainable jump in the SP very soon.
True, but as you know there wasn't any volume yesterday. Today, 150,000 shares were bought at .0002 and the bid is 226,000,000 shares. Using simple math I'd say the odds are stacked against you.
No one is getting .0002. You're only getting this at .0003.
Sure, it's happened a couple times for unusual quantities and I surmise stock conversions a couple weeks back when a few hundred million went. But really, if the thing goes to a half a cent or more do you really care??
So hold on...are you saying that a land use meeting for a world's first hydrogen powered facility isn't important?
I was at that meeting brother and it's moving forward. Next meeting is November 8th and I think it's safe to assume they break ground Q1
Understood. Obviously 99.99% of us on these boards wouldn't have half a clue about the extremely rigorous and time consuming process involved in an engine conversion.
That being said, it's been a little over 6 months since the delivery (March 21, 2017) of the V12 QST-30-G4 Industrial Engine.
Hey, maybe we'll get lucky. A lot of us are counting on the big guy to come through!
In all seriousness, I think you're going to get positive news in the next week. I think the retrofit is near complete or is complete but he's most likely waiting on the patent office which is crucial. Assuming the 35MM funding is still in place, the ingredients for a spectacular day of trading are coming together.
Good luck.
Well I can't fault you here, no one got into the facility. I can guarantee that with absolute certainty. I've tried on three separate occasions and they treat that place like the Pentagon.
My guess is he (XMAN) perhaps drove by it on Rt.34 but I would disagree about it being impressive. A large building perhaps, but you would not be able to ascertain anything of importance from the outside.
Happy to purchase yours and send you on your way.
I give you credit for waiting until this morning to post your default jargon about the past non-fulfilled firm orders etc. You know it would have been lost in the sauce yesterday. Cheers.
Is this a serious question? There is no reverse split, never has been.
If the share price was high enough that it would justify the reverse split in order to be listed on a major stock exchange then yes, it would make sense to pull the trigger.
Good point Titan! No risk of a bankruptcy. Thank you for pointing out. I believe he is saying that everyone is safe to invest now.
Your opinion is shocking Hulk.
Wow. Please redefine what you're suggesting because clearly you run circles around my intellect. For two years I've been long the company. Correct. Fortunate enough to get out at times with some change in my pocket. But here's where I need to borrow you back for additional clarification: How can you be wrong in believing in particular technology? I worked across the street from these guys for years. Admittedly a small team but they're going at it day after day and everything they said in terms of the Chinese Delegates to the Pentagon representatives is true and I can vouch for it as an eye witness. Can you?
Yes, admittedly there are those on this board who have been spot on every single day for years, literally. To be crystal clear, I'm not mincing my words here. EVERY SINGLE DAY they've posted the EXACT SAME pattern of points bashing this company for years and years. If I didn't know any better I'd think it was an algorithm of sorts. For those of you who doubt what I'm implying, you can go back and look for yourselves. Oh I don't know, perhaps one posts about PR's that never came to fruition as his first line of defense and perhaps to reinforce their shaky credibility they might follow it up with a flurry of posts about share dilution, a gagged transfer agent, and "looming" reverse split. In fact that particular person just may have been posting about that reverse split for say three years now. That's EVERY SINGLE DAY on a micro penny discussion board. Hmm, that's not odd. Perfectly normal in fact, right BRoberts1982? AND glory hallelujah he's been right, right?? Wait a second, I forgot when the reverse split took place. Please enlighten me when you have a moment.
The point is you applaud someone for bastardizing a company that has a 1 in 1,000,000 chance in success. It's called a micro penny stock and I'd say the probability of failure is just a little bit in your favor so cheers. It takes serious guts and revolutionary intelligence to tell people that water is wet.
First time we agree on something. Only took two years :)
Facts? Oh brother....
Okay, let's go down that road because I just had a reschedule and I have a few minutes to spare.
Here are some people that had to endure failure before they found success:
***Disclaimer: You may recognize a name or two. Perhaps not.
Abraham Lincoln, Henry Ford, Walt Disney, Milton Hershey, H.J. Heinz, & P.T. Barnum to name a few. I'm no history buff but word on the street is that it turned out okay for these fellas.
I would LOVE to have monitored message boards on their day to day struggles prior to literally defining success. If what you're claiming is true let me try to put what you're saying in historical perspective. Abraham Lincoln was a penniless shopkeeper who owed back payments in the late 1830's about say 25 years before he became President of the United States. Ironically enough his face can now be seen on the penny. Henry Ford was a dreamer, a silly heart, and spoke passionately of this BS "assembly line" thing he was proposing, frequently lecturing his co-workers about technology that didn't exist yet. Heresy! Oh brother, he would have gotten destroyed on this board. FYI his failed company went on to become a company called Cadillac. Walt Disney was a damn fool who saw the world a little differently, just a little lighter. He should have grown up and gotten a real job, right? Milton Hershey, let me guess he probably had a gagged transfer agent eh? I'll let you think about that one. H.J. Heinz should have thrown in the towel after he declared bankruptcy in 1875. I mean really, how dare that man continue with his idiotic condiment racket? And P. T. Barnum? He was a lying clown (lots of pun intended). He took money from anyone and everyone that opened their wallet to fund his dream of industrial development in Connecticut. We've never ever heard of a man like that.
Anyone that believes Mr. Coates is deliberately trying to defraud share holders is delusional. Let's think about this logically for a moment. A current share is worth about 1/20 of a cent. George Coates is entitled to 80.1% of the outstanding shares via anti-dilution awards (you probably see these SEC Form 4's).
So would it be more probable that A) he's been defrauding share holders for 25 years & CLEANING UP WITH shares that have no value or B) working long days and nights perfecting a game changer where his net worth will exponentially increase if and when they mass produce his technology? Hmmm?
What I find most inflaming about your comments is that you think he does this solely for money. Nothing against you personally or some of the other regulars on this board but do you really think a 75 year old man is doing this to get rich? If you take a long look at the ultra successful men I mentioned in the beginning of this post, you'll find that all of them shared a common denominator: they simply wanted to leave the world a better place.
I'll leave you with this quote from H.J. Heinz: “‘I do not care for your money, neither do I or my family wish to go out of business. We are not looking for ease or rest or freedom from responsibility. I love this business. Your talk of more money and less responsibility means nothing to me. To stop work is death—mentally and physically. This business is run, not for my family or a few families, but for what we call the Heinz family—the people who make our goods and sell them. The Heinz policy is to work for a better business rather than a bigger business; to make, if possible, a better product, and to make better people as we go along. We are working for success, and not for money. The money part will take care of itself.”
Ugh. This was precisely how I kindly requested you not answer my question.
I was hopeful that you would open up a little but perhaps you're not allowed to have an open conversation. Frankly, it's a shame because you've been glued to this board for years. Additionally, the analogy to global warming is totally invalid.
No one argues that Mr. Coates has technology, business sense, and/or a marketing strategy that has failed for years but let's be honest, that happens every day to countless ideas for countless companies. The point is you have someone who is tenacious and someone who believes that the ends will justify the means. In other words, he's an unwavering dogmatic inventor and those are very common characteristics among inventors. He ain't a crook. That's a silly notion. If you have enough passion to pursue a dream than you simply keep working at it, you keep refining your technology, and you keep making progress. It ain’t about how hard you hit, it’s about how hard you can get hit and keep moving forward, how much you can take and keep moving forward. That’s how winning is done. (Please note I got that from Rocky)
You along with the rest of the opposition look at it from this black and white, X's & O's perspective on share dilution, reverse split awareness yada yada yada. You systematically post on this board like failure is being committed vindictively. In the 20+ years in the business, there is not a single angle people haven't already considered and with that, while we (Coates advocates) understand your perspective, it's certainly a valid interpretation, though unfortunately not the most powerful one to walk away with.
The point being he doesn't care about all that jazz or what you or I think. He does what needs to be done to raise money and keep working at it. He does what he does to keep the lights on. It's not deceptive or unscrupulous, in this case it's absolutely necessary and I for one truly believe he is knocking on the door of success. Greatness, well that always seems to come not long after.
Hi Hulk. In all seriousness do you really not think this company has a chance? I know for a fact (my gut feeling) you don't believe it's a fraud. Perhaps just a man with no business sense with a heck of an idea & talent. Just wanted to hear your take without your typical statistics if that makes sense. We cool now?
Yup, you cracked the case.
I worked on Rt. 34 directly across from them for years. They're a fraud like they're reopening Fort Monmouth.
I had a dream that you extended your vacation.
In all seriousness, safe travels.
Hi Andre. What did he say??
How many shares do you own brother?
Oh yeah? So you're invested brother??
With all due respect, I think what pretty much we're all saying is we know as much as you do (which isn't a lot). This isn't a question about being negative or positive but simply pragmatic.
Nobody is arguing that he hasn't sold a working product in 25 years. Nobody is arguing that the outstanding amount of shares are hellbent towards dilution. Nobody is even arguing that we've experienced textbook pump & dumps twice in two weeks.
The question comes down to what has transpired in the past several years. If Coates continued to successfully refine the technology, fixed the seal leaks, and has the ability to demonstrate long term efficiency & durability with a replicable product then the product becomes desirable.
If he didn't do any of those listed above, it remains to be a science project and nothing more.
That being said, if the Pentagon sent a couple of their guys to take a look at the technology then with almost 100% certainty they did preliminary due diligence prior to scheduling the visit.
Unless they are attempting to expedite the military's resistance to a looming EMP threat in the immediate future, this deal (should it move forward) will take quite a while.
50%, no?
What are you talking about? They are running on fumes and had to borrow $43,000.
Don't get me wrong, I'm long this stock but your posts are baseless.
Hate to agree with him but he's 100% correct.
They essentially borrowed 43 grand under repulsive terms.
Haha relax there Trump
Yes, it's a scam because it was pumped & you lost money. That's a verifiable litmus test. But if the stock goes up it's legit and hitting "silver". You cracked the case!
Jesus. I'd love to see what you guys would say if they dropped a follow up PR that Secure Supplies LLC wrote them a check. Point being, if Coates International gets a deposit and makes the announcement, the stock would soar in the .01 to .02 range. This wouldn't be based on speculation or P & D, but valuation. The reason this wouldn't be "fake news" like all you mercurial experts tout is because money changing hands must be backed up by SEC by-laws & forms. It's not a game, as there would be consequences in falsifying that type of information. Yes Market Makers are playing games and yes, Wednesday's spike was a combination of speculation and pump and dump. However, if you really think this is a scam you're out of your minds. Nobody does this for 25 years if they didn't have something.
Your empathy is palpable.
You use the word "gag" a lot. Also, reverse split. I'm not much of an S & M man myself but I guess whatever gets you off brother. Cheers.
Riggggghhhhhhht
Yes, it's fake news. Who even are you??
You're entitled to your opinion, it's valid. We agree to disagree. You need to understand that this is a local business and regardless of what people (most who are playing games) say, it's extraordinary technology that has taken a long time and bunch of bumps and bruises to refine.
I don't live in "OTC land". I just invest in the companies I believe in and the universe will unfold as it should.
If I lose a few thousand I'll live and if I make a small fortune I'll live, albeit better.
Classy, thank you. I'm in it for the long run. I didn't buy yesterday and I didn't sell today. I'm not arguing with you on those facts but it only takes one successful deal to change a company. I have no idea why it spiked yesterday but if they actually get money you and I both know how this plays out.
This board is hilarious. People, those who believe they just did their due diligence last evening in context is like finding out we landed on the moon. CEO is a brilliant and arguably too proud guy but he's been refining and adapting his product for over 20 years now. All that being said, if they get the deposits in the next few days the price per share increases dramatically. It's that simple. You guys are so mercurial that it's simply unbelievable.
I went over to the Coates facility on two separate occasions. Both times Cathy (George's secretary) immediately addressed me through a speaker system that sits atop their front door. Obviously they have cameras surrounding the building and I suspect they instantaneously identified my car as unknown the moment I parked. She told me that George could not see me at those particular times and that I would be put on a list to come see the facilities when there was an opportunity.
At this point we're all in the same boat just waiting in the drift.