Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

It appears that Cyclone notified the state of Florida that the authorized shares have been increased to 6 billion but have not notified the SEC. as would be requiered. The last filing with the SEC is a correction lowering the a/s from 8 to 4 billion shares. Buddy, any idea what this is all about?

Cyclone has often been far behind in filing reports with the SEC in recent years when they've had nothing flattering to report. Reporting raising the A/S probably isn't a priority for them, especially after putting out a PR telling shareholders that filings showing an increased A/S to 8 billion was a mistake.

For the entire time CYPW has been traded they've claimed to have engines at "preproduction prototype" stage. The two Mark 5 engines for Combilift were contracted for delivery in July 2012, and have spent years now finishing their "final" 50 hour testing and being prepared for shipment to Combilift.

The most recent contract for test engines going to that defense contractor in Denmark says engines only need to run for 10 hours before shipment, and they're about a year behind on that delivery, too.

Bottom line is that Cyclone can't make their engines work, after 13 years and tens of millions spent. This is a material fact they've never bothered to report to the SEC. Instead, in 2011 they reported to the SEC that all the technological problems had been "overcome", and ever since have predicted engine production would start in six months knowing fully well those predictions can never come true.

So, being behind in filing an increase in A/S is pretty minor in the grand scheme of CYPW.