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.
