Coates International Ltd. (fka COTE)

[mogman]

The 'exclusive' license will, in my opinion, never ever be permitted by GC.

This position put forward by the Chinese delegation is the start point of a Panmunjom (Korea) style set of negotiations. On the 38th parallel, months were burnt during negotiations just for the color of the tablecloth and the size of the table before any substantive talks were pursued.

Running out patience and the clock are part of the Chinese scheme while GC will try to make the license 'non-exclusive' world wide but with huge areas of exclusive license for certain Chinese interests. He will need a negotiator to play one Chinese interest against another to weave an acceptable web of mutual support in China for his idea of licensing.

This is a craft to be practiced and he has some very talented folks to do the bidding.

It will take months but is very doable.

I would never sell at this point, instead buy more shares as the stocks backslides for a while. A GREAT BUY OPPORTUNITY>>>> IMO