InvestorsHub Logo
Followers 2
Posts 351
Boards Moderated 0
Alias Born 11/15/2007

Re: TPX post# 4697

Tuesday, 03/10/2015 12:21:29 PM

Tuesday, March 10, 2015 12:21:29 PM

Post# of 23802
"As collateral for payment of the US$100 million sublicensing fee, both Coates Power and Renown have placed shares of their capital stock representing a 25% ownership interest of each company into an escrow account for the benefit of Coates International, Ltd. These shares of stock will be released from escrow and revert back to Coates Power and Renown only after the US$100 million sublicensing fee is paid in full."

This one step closer to acwknowelding CIL investors, I don't like the give and take back of the stock! It should be, give the stock to CIL and KEEP IT!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.