Coates International Ltd. (fka COTE)

[gregsrosen84]

With all due respect, I think what pretty much we're all saying is we know as much as you do (which isn't a lot). This isn't a question about being negative or positive but simply pragmatic.

Nobody is arguing that he hasn't sold a working product in 25 years. Nobody is arguing that the outstanding amount of shares are hellbent towards dilution. Nobody is even arguing that we've experienced textbook pump & dumps twice in two weeks.

The question comes down to what has transpired in the past several years. If Coates continued to successfully refine the technology, fixed the seal leaks, and has the ability to demonstrate long term efficiency & durability with a replicable product then the product becomes desirable.

If he didn't do any of those listed above, it remains to be a science project and nothing more.

That being said, if the Pentagon sent a couple of their guys to take a look at the technology then with almost 100% certainty they did preliminary due diligence prior to scheduling the visit.

Unless they are attempting to expedite the military's resistance to a looming EMP threat in the immediate future, this deal (should it move forward) will take quite a while.