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Let's all hope the new company has enought money to pay all the W2W licensing fees, etc. And in the meantime, CIL better make those engines promised for April 2010!!
A bit of dilution which apparently was tied to raising capital. At $1.40 (loose average) that equates to around $2.1 million. Where did you get the $1.40 average Rickj-65? Sounds like a high average to me.
I believe there are orders for engines, but none have been filled. Hopefully mass production will start soon.
I could get that generator to Canada in a week; I agree the statement was very foolish. Let's hope something materializes soon, manufacturing starts and those cuffs you mentioned are diamond cuff links that all the investors wear on the way to the bank.
Ditto that :(
I hope the new accountants give CIL advice and guidance on getting in to manufacturing ASAP! Even just a few engines per week/month will cause the stock to triple or more. Were is the government tarp money for new jobs? This is exactly what the US needs, more quality jobs.
What's up with the 300 million bond offering? If it happpens the stock will rocket, probably to at least 1-2 dollars or more.
Almost exhausted the thesaurus on that post! Sounds like you have their number.
Recent press release was pretty good, can't belive it was respectful to the stock holders! Holly cow, they even wished us a Happy Holiday!( showed appreciation!) WOW , maybe there is hope after all? It appears as if an engine will be shipped soon.
Whatever happened to the China deal, the one with 50% of the money upfront? Something has to happen soon, this is so slow.
I'd be more than happy to help guild the generators, the stock will rocket once CIL ship one. So why not help? I realize this whole conversation is stupid but it makes just as much sense or logic as their press releases.
I'm in I'll help.
Thanks for the confidence Scofloind, however, I have a hard time arguing your point. Odds are something good has to happen soon, even a meteor hits the earth once and awhile. If they would let the investors in the building we could build the engines faster than them!
If the company successfully completes the 300 million bond offering the stock will at least triple or much more.
I'd love to hear something new about the 300 million bond offering. If CIL gets anywhere near 25 million the stock will rocket! What happened to the China deal, with the money upfront?
Coates 855 cubic inch natural gas engine is Certified by the EPA to have excellent emission results, extremely low emissions, the results are posted on the Coates website. It just a matter of time till someone big steps up and takes over the company. The invention is just too good to pass up, and if you are reading this post you know it! The company has mumerous running prototypes! Who has done that with a new functional and EPA Certified valve system?
Tell em like it is Radicalhabits!
All we can do is hope that someday, current management acknowledge their limitations and take active step to correct it. If they spent as much time on hiring competent people, manufacturing even on a limited basis the company and its stock holders would be much better off. With a little (very little) business savvy they could borrow money against their current building and get into production, NOW
I am hoping that someday the company will announce that they have been doing durability studies quietly.
Coates needs to hire competent people with English skills ASAP, pay with stock options and get this ball rolling. There are so many competent people looking for work, why not cut a deal with a few and get moving. Also, for the big hitters out there, CIL would be a great company to buy if you have the money or an equivalent trade (more stock anyone).
Looks like good news to me, let's start manufacturing ASAP!
Borrow money, to protect lender put it in an escrow account and use it to buy parts for the engines ONLY. MAKE ENGINES!
For the right price and terms everything will sell.
Beg/borrow/steal the necessary funds and start manufacturing the engines ASAP then the stock will pop. Why wait? Starting small is OK, just start. CIL would be a great company for someone really big to buy and take over.
Your right about that. It would be way better to ship nothing than to ship something that did not work correctly. Plus, there is no way CIL will ship anything unless they have a boat load of cash first.
Well to Wire shows the Coates engines to potential buyers at the NJ location. The management of Well to Wire appears to be very good and knowledgeable, I don't think they have anything to do with the holdup other than paying their licensing fees. Whatever happened to Well to Wire's private offering of 20 million? Is it complete yet or partially complete?
Rightcoasttoph is probably right, if a generator was shipped it would have been shouted from the rooftop.
We waited this long what's a little longer, but I thought the same thing today. My greed overides logic lately.
Do you believe in Santa Clause too? new car every five years! lol
Very funny.
As long as the company is producing engines and making a profit; I could care less what he drives. If however, there are additional delays in manufacturing the engines, any CEO personal expenditures will be considered ostentatious and not appropriate. Certainly an expensive car purchase at this time in the companies career is an inappropriate move. CEO's, owners, and operators need to learn to be humble in the eyes of the people that got them to their current postion. Hopefully, when the company begins manufacturing the investors can buy their own toys.
Great day for CIL and investors when China puts up approx. 15 to 20 million (50% of total) to get production going. Production is what will make this stock fly!
After a substantial drop from over a dollar to the low sixties, there now appears to be a slow climb back up. If we can get some good news, as we all want, hopefully the stock will rocket to an all new high.
The stock does better when there are NO press releases. Why not just buckle down on real work, sell off a portion of the company to a qualified competent group, hire the right people, and move on. Obviously the company needs direction.
Your right Patrick. Another stupid comment.
It doesn't mean a thing what Well to Wire says, what matters is if Coates keeps his word. It is up to Coates to produce FIRST!
All we can do is hope that someone build the generators. The US would be the safest and most logical place to start production, plus we need the jobs, duh! Where are all the politicians when you need them? Go USA!
News release says " Coates CSRV technology is awesome"!
I don't think the Chinese will build engines with a USA destination, but I do think they will build for use in China and surrounding areas.
I am waiting for the stock to hit 2 dollars, then think about selling.