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Wrong. Just stating the fact that INTK will be in trouble with the SEC if they do not file financials as required. I did DD. The company looks good if everything that is put out is true. Just curious as to why no recent update and why no financials. Need to see some big orders and explanation as to how they will full fill them.
Fake company.
Yes. A while back and never received a reply.
HPTG was Pink with trucking revenue and look what happened to them. SEC went after them for not filing financials. Suspended trading, now on the Grey market and Price tanked.
Worst case senario is Revoke their registration with the SEC and suspend trading .
Wrong and INTK failure to file reports is Serious stuff. Not funny at all.
Leg down when they get the letter from the SEC for failure to file the financial reports as required.
SEC will have something to say about that.
They need to satisfy the SEC first. When that happens I will be a believer.
SEC says please meet your fiduciary responsibility to Shareholders and file your financial statements.
SEC waiting. Where are the financials?
When are they going to go the EXTRA 1,000 miles for their shareholders and file their financial reports as required by the SEC?
We shall see. Cautiously optimistic. If they can indicate through emails or phone calls that an update is coming, surely they could officially update shareholders with same message. Not very smart. That is why this is so risky.
Their first priority should be to get their financials published or the SEC is going to make life miserable for shareholders.
Better worry about financials. Volume minor issue at this point.
Also, just a matter of time before the SEC will be contacting them for failure to file financials as required and putting a halt to trading. Maybe they want to go private and don't care about SH. Just saying. Hope they do get current before end of year.
Well put. Agree whole heartedly.
Me bad. Missed the opportunity to ask PT that question after he said believed there is no reason why it should not work.
Correct. Just spoke with PT. Goal to arrive in Mexico is Wednesday. Assembled and being painted. Electrician to check it out before shipment. Has been 24/7 endeavor. PT has been working hard. Very impressed was very willing to spend time talking to me and share all info he could. Thanked him for all his hard work on behalf of shareholders. I am not a blind follower. Cautiously optimistic and fingers crossed that the new unit will work.
Now that is a meaningful post.
No problem. All fake news.
What will it take to get to dollar land? 25-30M year revenue from the daily 10K tons and the current share structure I figure a conservative .40 SP in the near future. if they can get Felix up and running and add another 10k a day to Felix we have a better chance of moving to $1. Big investors will need some numbers to hang their hats on before any credible valuation in dollar land. On the other hand we have all seen what speculation and some irrational exuberance can do to a stock price. But what do I know. So many factors besides fundamentals that effect the share price. The not so transparent factors is why many people rely on technical indicators for their buy and sell decisions.
Me too.
uh!
The tortoise will be just fine.
Good info . Thanks
Nice post. Thanks.
A downtrend in prices with an uptrend in the Accumulation Distribution Line indicate underlying buying pressure (accumulation) that could foreshadow a bullish reversal in prices (StockCharts.com free charts). Anybody that is a chartist look up this indicator for MXSG and notice the continuing uptrend in the AD line since April. This is one of the reasons for my previous post. I could be missing something but it is interesting to see. I am technically challenged when it comes to copy and pasting charts.
This is the email response I got which was expected.
From: Info [mailto:info@coatesengine.com]
Sent: Friday, September 29, 2017 11:31 AM
To:
Subject: RE: New Form Entry: Contact Form
Hi Richard, We cannot give any information out to one person it is against SEC rules.
From:
Sent: Friday, September 29, 2017 11:56 AM
To: info@coatesengine.com
Subject: New Form Entry: Contact Form
You've just received a new submission to your Contact Form.
Submitted Information:
Email Address
Message
Dear Mr. Coates,
I am a stockholder in Coates International and want to congratulate you on bringing the CSRV to fruition. It is an amazing achievement. A lot of people do not appreciate the genious, persistence and dedication to this project. I have a question regarding the April 2013 News Release regarding the Coates Hi-Tech engines. I know you are very busy but Are you free to coment on the status of the following quote ".......Coates Hi-Tech Engines, Ltd. is in the process of raising $20,000,000. If successful, all Coates International, Ltd. shareholders will receive shares in this new company. This small offering will start limited production in New Jersey. These products are already sold. ......"
I can understand why there are so many shares OS. The only way to get to where he is now. As long as people are willing to put money up for a high risk investment GC will survice and might even succeed and benefit the stock holders. This is definetly not a scam but is a high risk.
Quote: "......Maybe I'm misreading what you're saying but that sounds like an emotional move not a business one. ....."
Maybe its both. If he is learning how to handle PR better that is a good thing. Maybe you and I see from a different perspective. I am tend to be patient and am more interested in results rather than decorum. As long as I can see tangible, meaningful results that are improving the chances of the final goal if they are baby steps or big steps, I am satisfied. Don't get me wrong if I see something that seems not quite right I am concerned.
Understood. Stay strong.
Quote from 2013 PR. " .....Coates Hi-Tech Engines, Ltd. is in the process of raising $20,000,000. If successful, all Coates International, Ltd. shareholders will receive shares in this new company. This small offering will start limited production in New Jersey. These products are already sold. ......"
If these products are already sold, what happened to the funding and why haven't they been produced?
Nothing shady about low ball bids, get shares as cheap as possible. People buy cars at close to ask because too lazy or intimidated to bid cheap.
Who has been buying his shares?
What you have been witnessing in the stock action may be typical manipulation by a syndicate to accumulate and lock up what shares are left when they know that the right news is coming. No worries here. If you think this is fantasy, think again. Trading syndicates have huge influence on the markets. They will control the bid until all shares are locked up. Of course this is speculation on my part. Just saying.
That song has been heard now for two years. Has no meaning now. However, I am invested a little here and know the risk. Typically, when huge volume sets in after low volume period, it is the smart money distributing to the dumb money. We shall see.
Agree, but who really knows at this point the potential of the technology. Its all speculation right now. Whats going on behind closed doors that we don't know ? Would like to be a fly on the wall at Coates Hdq.
It will go when they can show they have the credible potential for fullfilling multiple orders and nice reveneue down the line. One generator and two trucks ain't enough revenue to convince smart money of the future valuation. On the other hand, we could see some irrational exuberance by dumb money run this up.
Appreciate the defenders of reason and our CEO on this board.