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Addressing you and Bylo's q's on testing.
Testing by today's standards was not crude but instead 'dated'. However the data collected was certified, demanding and repetitive. At least enough was done to glean mechanical robustness.
Most of the testing is detailed in spiral bound books that are thick and have a decent amount of technical meat on the bones.
As for the Chinese, you are right. If they sprung money for the huge test base, power sink, huge clean demo room and all the power, lighting measuring equipment and human testing hours.... you can bet your ass they are serious. If GC had made a loser, it would have been gone in a Shanghai nano-second to a dump site.
As for the question about Super or Turbo charging...... the CSRV valve negates the need. Compression ratios of 10 to 16 for poppet engines are lowered for the added charger, ie. 12 to 1 is dropped back to 8 or 9 to 1 for the charger. The intake air of the charger gets so hot it must be inter-cooled before going into the intake port. The most efficient thing is to provide huge breathing that can allow compression ratios above 20 to 1, this is done (CSRV) without the resultant destruction of current poppet valves. Chargers before the intake are parasitic, costly and add weight, complexity and heap on electronic controls.
For the big 150 Kw ($150,000) Coates generators he is making, the CSRV is one slick engineering marvel....
and most SAE engineers are not welcoming of this new (to them) set of REDUCED mechanical elements. No complexity means no job (in some of their minds). Other engineers see it and embrace it with caution.
A reasonable explanation. The only part I might ask be changed is that the notion of the CSRV valve train being called 'cams' might be confusing. A Cam is usually non-concentric whilst the CSRV Valve is purely concentric and imparts no reciprocal or variable movement. It is in fact The Valve and rotates in a general area where a camshaft would have been located on a poppet type engine.
The valve seat (seal) is correctly described as a carbon type concave annulus which is held in contact to the rotating sphere (rotary valve) by wave and/or Bellville type springs. This arrangement is to negate oil based lubrication and its attendant breakdown with exhaust gases and heat, as it would pass around extremely hot linear actuated poppet valve stems.
As for cooling the head area, there is no oil in the CSRV head to remove heat, so I firmly believe that water cooling passages or large air cooled dissipation fins/fans would be used to ameliorate the thermal impact on the rotary valve face and carbon seal.
Thanks Stay Long and Ohsnapzach for your comment and post. I have been to see George and we came to have a good respect for one another's technical background.
I am extremely aware of the mechanics, processes, technologies, market, production requirements and business criteria required to make the invention work. There is a good deal of personal and monetary investment made also.
Communication with George Coates is not needed by me. I am very aware from time spent, where his head is and what he is going to do.
Buying his stock at Point Zero Zero Four is an absolute brainfest if any investor new the mechanics,
thermodynamics, flow dynamics and tribology screened and tested so far.
I just thought of an easy way to describe the valve and seal. Imagine the valve is a billiard ball with fuel and exhaust ports drilled through, positioned on the hole of a doughnut made of smooth, fire resistant carbon. The more the ball rotates against the doughnut the smoother the turning and the better the sealing. No oil needed. The head is still water cooled. The clatter is gone. The engine is simple. The parts are few. Breathing is momentous. Power improved. Friction reduced. The carbon block (doughnut) is real and has excellent military & commercial history.
Did I not make it clear enough how it works? I am not offended if you feel that post 7919 is not clear.
I will happily rewrite it until there is some understanding.
In re-reading the post there are some points I could make better on how it works, for the non technical folks. I am a nerd/investor with background in the art under scrutiny. I am happy to be used for an explanation of George Coates invention. He has a great head of hair and I hope he does not tear it out on my attempts to explain/clarify. This is a mechanically significant invention.... period!!!
I have been using the carbon type ceramic for years, so I will make it real easy.
1. To answer a silicon nitride question earlier, it is usually applied to high wear engine parts and as a solid for round ceramic ball bearings. I would believe that the actual spherical rotary metal (hollowed out ball) would be high temp metal coated with a novel type of silicon nitride as opposed to making the ball/sphere out of silicon nitride (very expensive stuff.
2.There is no cam involved here. Poppet valves use cams and the CSRV has neither cams or tappets.
3. No, using the form fitting (concave) carbon-ceramic material (that seals the sperical valve) for a poppet valve would be courting disaster. The environment of the poppet valve stem would be far too different from the CSRV environment.
4. I do not believe that the head containing the CSRV rotating shafts would be dry. I fully believe they are water cooled and there may be a separate patent on cooling through the CSRV shaft with air or water.
Ceramic carbon blocks were one of the first applications in the mechanical caldron of nuclear submarines dating back to the 1970's and extremely well proven.
When the toroid (doughnut shape) of the rotating ball-like valve is rubbed, micro-grooves are produced and provide a further labyrinth type seal. After a while of running, the sealing actually improves. If a micro material enters the valve area, a same sized valley will be concentrically made and the ball/seal will re bed itself to a tight seal.
A set of round flat (but somewhat wavy) springs (similar to Belville springs) continually push up the carbon ring (doughnut) seal against the CSRV ball's face and compensates for wear.
More info if you want more.
Most commendable work for both you and George Coates.
Curious, yes but if I were George Coates, I would not ask Jack Perkowski to do anything other than be a director. If I were Jack Perkowski, I would walk out the door at even a hint of such PR requests placed before me.
As an investor, I am loathe to such callous advancements. It really appears cheap and in the end would be a loss for both men.
Your question is excellent and one which should have been asked long ago and is most appreciated by me. I am also sure, after some thought you may agree such PR could be less than helpful.
Good. Hope it goes below .002.... so I can buy twice as many!!!!!
This is the way it will be for several weeks, takes some getting use to, me thinks. This is a result of wait and see. It is not a tactic but is the result of unsatisfied proclamations that have no substantiation at this time.
Contrary to most thinking, a slew of small proofs of something happening would only make appearances worse. What is going on (nothing as $$$ market news) is building a line of departure for the investor, especially the long term investors. When engines ship and run in the field, the point of departure will be a base on which to rise. If months pass (as have in past announcements) and there is no metal on the ground, the departure from here will be straight into the hog pit.
That is it in a nut shell.
Yep. I know he is very busy and does not need my questions. I also know enough... 'nuff said.
Once again you have told it as it is. Weeks to months.... the big one is actually not the ship date or even cashing the check. The BIG one is the first two weeks of the Coates gen set running all out on the well gas...... in front of the press. That is the real deal. Millions of shares need to be in these readers hands.... NOW. There is no predicting the actual timing. If folks are on margin for a long investment, better check your heart health and/or your life insurance. The pain is just starting.
Hate to say it Pennystokpro32 but you are perfectly correct. 2:30 pm and the stock is perched on .0042. A dead parrot has more action than this stock. When engines go out the dollars come in..... that is all there is to this chart crap.
I see no reason for it to go anywhere for the next few weeks and doubt seriously if it will even be above .oo3 in two weeks.
COTE is a great play and has a great engine valve train that is produceable, marketable and superb retrofit. It will get there (ten cents and more) but it will take months.
Some folks understand the tenets of investing but an understanding of what ultimately shapes a market is very rare. This, if read entirely, should give the reader an idea of just how difficult it is to track why things are happening and make predictions. Cummins is making its own market.. please relate the position (or should I say imposition) of Cummins on Coates. These folks are in the mode of cornering whole world markets... Prepare yourself for the weeks ahead, George has.
Who owns Cummins, it's a shocker
White_Lightning
White_Lightning
Guru
Posts: 942
Joined: 07/09
Posted: 03/08/11 02:58 PM
With the recent springback of the Dodge Losing Cummins in 2011 thread, I found this, it dates back to 2003. To any nay-sayers, Google is a wonderful tool.
(1) Isuzu owned Subaru, and sold out to Fuji Heavy Industries, which was then jointly acquired by British Leyland and Ford.
(2) BL & Ford then spun off Fuji/Subaru into an independent company. Big mistake. Ford bought BL, and owned Isuzu outright. Big mistake.
(3) Isuzu entered into a joint development partnership with Navistar International. Stock interests were traded. Eventually, one of the projects would be a 7.3L V-8 light-duty diesel. Guess who picked that one up for use in its pickup trucks?
(4) Navistar also had entered into a joint development partnership with Caterpillar. One of the projects was a direct injection system that would be picked up by -- Ford. And Isuzu mediums.
(5) Caterpillar owned a large chunk of Bosch. GM owned another big chunk. And so did a third major player -- Daimler Benz. Bosch was the primary developer of Caterpillar's direct injection system. But GM forced Caterpillar to turn over its share of Bosch, and then forced Bosch to abandon direct injection in favor of developing an "improved" generation rotary injection pumps. The initial designs for those pumps had been brought to GM by former Isuzu engineers working for Ford.
(6) What did Caterpillar receive in return for giving GM its stock in Bosch? GM's stock in Cummins. Ford then sold its small share of Cummins stock because of antitrust regulations in the U.S. Caterpillar, on the other hand, avoided antitrust problems by a joint incorporation agreement with Cummins under a Brazilian operation named Inquardo, Ltd.
(7) Eventually almost all Cummins manufacturing and design were moved over to that part of the "house". However, that move proved so efficient and profitable that Cummins began to eat into significant markets for Caterpillar, so Caterpillar merged its manufacturing and design base with Cummins in Brazil, leaving skeleton operations only in places like Peoria, Illinois. Cummins management largely pushed out Caterpillar management after several years.
( With me so far? Caterpillar owns Cummins, but Cummins has effectively "eaten" Caterpillar. In Brazil. Here, they're separate, of course, but it's only the purposes of adhering to American commercial law. But wait. There's more.
(9) Ford had some disasterous capitalization-and-flow problems after the overseas buying spree of the early nineties, during which it acquired British Leyland, Isuzu, Fuji, part of Fiat, and parts of other companies. Ford was forced to sell Isuzu to maintain cash flow beyond the U.S. Who did they sell Isuzu to? Navistar International. Along with certain manufacturing and sourcing arrangements. Navistar hoped to go global again, as in the grand old days of International Harvester.
(10) But Navistar couldn't hold on to Isuzu either, what with a $2 billion dollar loss in 1995, and eventually sold its controlling interest in the company to Daimler Benz.
(11) Isuzu was having its own problems, since its global market share in light and medium diesels was rapidly shrinking. The cause of the problem was Cummins, which, after swallowing Caterpillar - in Brazil - had also acquired NGT, Tapei Technologies, Allison Canada, and Nansen-Renault, all in hostile takeovers, all manufacturers of diesel technologies outside of the U.S. So, Cummins had effectively cornered the controlling share of the global market outside of North America and Western Europe. (Why do you think the splashgate at their website is so heavily global?)
(12) After nine months of negotiation, Cummins and its subsidiary, Allison Canada, entered into a joint development arrangement with Isuzu, owned by Daimler, and with the surviving U.S. corporation, Allison, which was at that point partly owned by GM. Cummins, however, dominated the partnership, and eventually managed to assume Daimler's and GM's interests in Isuzu and and Allison.
(13) In the case of Isuzu, Cummins has an equal partnership with Daimler, which, of course, has also acquired Chrysler Corporation. That's why, when Ford offered Cummins a billion-dollar package to manfacture medium and light truck diesels for its vehicles in 2001, Cummins said no. Again, for antitrust reasons, a public holding company was set up to handle Isuzu as a separate corporate entity. The name of the company is Benz Transporation Technologies, of San Paulo, Brazil. BTT also is a major owner of the Benz division of Daimler Chrysler, which manufacturers most of the diesel engines in Europe. In the case of Allison, Cummins controls it through a series of holding companies ending with Inquardo, Ltd., the orginal Caterpillar-Cummins creation in Brazil. Cummins also controls a fair-size block of stock in GM, through the ownership of a cartel of South Korean and Thai banks and investment groups.
(14) Navistar has continued its free-fall in spite of its partnership with Ford in the light-duty diesel area. A while ago, after the implications of labor troubles, a rise in basic resource costs, and the disasterous introduction of the 6.0L PSD had become clear, Navistar's financial arrangements with Citibank and Manufacturers B&T collapsed. Both banks arranged to float the company infrastructural loans if it would agree to a merger with -- are you ready for this? -- Inquardo, Ltd. As of last Thursday, Cummins owns 67% of Navistar through Inquardo.
Right now, Cummins makes all diesels in all pickup trucks sold in the United States. Cummins makes 73% of all diesels in all trucks sold in the world. The board of directors at Inquardo -- which isn't listed on any stock exchange -- includes 9 Cummins execs, 2 Caterpillar execs, and one Wells Fargo Bank exec. The CEO and CFO are also Cummins vice presidents. And there are Cummins execs on the boards of Daimler Chrysler, General Motors, Toyota, and Honda America. Ford, the holdout, has not been doing very well.
So it isn't a question of who owns Cummins. It's a question of who Cummins owns, and who's next. Could be Ford. Could be DC. Could be both. Ford Viper, anyone? Mercedes Mustang with a 6.0L Shelby Diesel and a Holset twin turbo?
And some have claimed that the Navistar/Ford 6.0L is Cummins' revenge for the Bosch VP44"
Logan
I have some info coming from another forum/contributor around 2011 that ya'll may not have known. Let me know if I am rehashing old stuff.... Thanks
Not POWER TO THE POPPETS.. Remember that this is a.... Non-Poppet Organization 4-A-V8-IM1-2
Could be a replay of April 23 and 24 only to zoom down the next week. Should be interesting to see if there is a rise from here on Mon thru Fri next week. A few sales reps may have brought in one or two blood banks and news got out from the bar room celebration? If so, 'bout damn time ;>)
China Announces 10-year Plan for Manufacturing-- James Pang is feverish because the Chinese 10 year plan hammer is coming down and only 'doable' advanced projects will get a share of the money and mission.
"In its 2025 plan, China identified several priorities, including improving manufacturing innovation, integrating information technology and industry, strengthening the industrial base, fostering Chinese brands and enforcing green manufacturing."
Read it here... http://insights.globalspec.com/article/1003/china-announces-10-year-plan-for-manufacturing?frmtrk=cr4digest&et_rid=420181381&et_mid=81189145
Looks to me as though it might actually hit .00099 this week. Could be a good day for shorts.
COTE not to .1 in months. This is a long term dog that leaves tons of room for proof of credibility. I am not saying it will never happen but $0.10 is no where near the horizon. A million shares in 5 seconds..... man there is a huge hole full of past paper that needs to be dollared down. That will take months. I certainly have and also expect that time frame BUT it is really nice to dream. Best of the risk to all.
It is a new way of equity financing...... INVERSE RATIO. The more shares are bought --- lower the stock price.
WOW, sure is lonely out here. Nobody to talk to. Everyone must have their face buried in the ticker.
Might be a good day late Tuesday May 5 but the last quarter report was poor at best. Best to all and here is to PCYC number II. Cheers!!!
FDA mandate for CERUS?
http://www.nejm.org/doi/full/10.1056/NEJMp1500154
As if you may not already know or have read this, early this morning....
The Street Quant, for what it is worth.....
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified Cerus ( CERS) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Cerus as such a stock due to the following factors:
CERS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $4.9 million.
CERS has traded 446,888 shares today.
CERS is trading at 7.51 times the normal volume for the stock at this time of day.
CERS is trading at a new high 4.03% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.
Most probably there is a good result coming for the first quarter in the number of blood banks coming on board. All it takes is one sales person buying their 'incentive' car or drunk at a bar, for some person to take that indirect communication to the bank.
Controlling the inner workings of a company is easy compared to controlling the field sales, especially if they are green hires.
I bought my shares long ago and could care less. Unless there is WW III or the officers are massively corrupt... this stock will go vertical at any time.
11:32 am and up $.50. Smells delicious... I like cream and sugar with my morning cup of coffee and the rise in CERS share price.
1 toward 2 billion additional shares?. Yes, I do not like that situation for my investment BUT as long as the stock price is rising and continues... the investment will continue to gain the inevitable high.
Something is brewing and it smells very good. Thursday, April 23 might just be a great beginning.
Minus .20 and a strong dollar eating into European profits? Seems like back to the $3 bill for CERS, for a while. Hang in there..... time to buy?
Totally agree. Long and holding. Not much anyone can do, so the day traders and shorts are having a flea feast on a huge potential cash cow's hide. I will leave it at that for now. Hang in there.
Nope but hope.
$1.85 per share might tempt me to buy a bit more..... I do have my doubts that will happen though. I am set and happy for now.
Yep. "The beating will continue until morale improves". In a vacuum of no additional blood bank contracts, the price will continue to fall. Buy, buy , buy. Hope Obi Greenman secures those incoming sales prospect calls, about which he openly mused during the Q4/EOY report.... about 4 or 6 contracts would do.......... for the moment.
Some have indicated, wrongly I feel, that Coates wants to screw investors. I believe that Jack Perkowski is key to the CIL bringing not only Chinese production on line but also Chinese investors. Chinese investors may now be able to invest in the USA but through Hong Kong/Shanghai, 12 hours late in the day, slow info and a totally different market methodology.
Imagine working a full day, going home, at 10:30 pm start investing, market closes about 5:00 AM and then go to work again? Jack makes it a local time zone thing with a USA company, having a unique and understandable patent. Jack brings a base of 20 years local respect in both areas and has probably been key in configuring equity instruments for USA and Chinese investment into Coates.
ABBV admits it paid a lot for PCYC but had no research/pipeline as with PCYC. The deal left JNJ, PFZ and some others looking a bit goofy. My gut tells me the pendulum may swing the other way with CVM and CERS being on their menus, sooner than later.
Thanks Zachary01. I believe, from a heroic standpoint, that King1's comment about George Coates performing a reverse split on His 260,000,000 plus shares would be at least some indication of the nobility so well touted on his family crest that adorns each engine set. Aside from my snide comment on the dilution of a family crest, there is little anyone can do about a tiny company, with great inventive potential, that has 511,000,000 shares of near worthless stock.
I actually like the guy's grit, albeit on my dime. I actually like the guy's mechanical genius. However, he displays all the marks of an inventor who has been up and down every avenue in search of a way to produce his gem of an idea and the stockholders have advanced their hard earned dollars for his promise of fulfillment.
I am in for the ride, as a paying passenger, as an on board investor and as one with a desire to see him have success with an idea I share. MY money (in mind) was gone the day I invested. So if there is any left that is fine. If he succeeds though, in a very large way, there may be a green side for many. I will bide my time and see how it all unfolds. That is investing.
A brave decision for you. Glad you at least made some profit from your investment. On the other hand, even with the delays of profitability, it will be most interesting to see if the worlds blood centers beat a path to the Cerus door. Sweden, Delmarva and Sun Coast are harbingers of what is to come. I am still in for the long slog.
Moneyfrog, another well placed question, nicely done. Awesome A, yes the report seems disappointing. I will take this quote from Obi Greenman to the bank in $10 bills and leave the shorts to scramble for the penny dropped...."we do have a lot of inbound calls, which is nice. It's not a traditional sort of sales effort."
Shell3, is that an exclamation or a question?
Well put question Monkeyfrog..... I am looking forward to the news from Obi Greenman at 16:15 today for the quarter and year end wrap. My feeling is that they have been keeping the sales numbers very close to their corporate chest. The release of Sun Coast and Delmarva blood bank's adoption of the Cerus Inactivation system are a teaser of that to come. I cannot believe those are the only two about which I will hear over the next 24 hours. Bad surprises do happen. However, I feel their plans, marketing and sales drive are spot on.
Knock your socks off article why CERS is so valuable. Article is NOT a direct call for CERS. It allows the reader to understand what positive effect will happen, when a nation that currently has only 1/3 blood supply on hand and only critical surgery allowed, if pathogen inactivation is used. Disease is being spread by transfusion, forcing contributions to only 1% of population. Blood is being sold at $160/100cc (.2 pint). CERS could cure the problem in months not decades. The potential for Cerus is enormous. http://www.cnbc.com/id/102427075