Interesting perspective here, found on another COTE board:
“Hope is not a Smart investment we need facts,
From what I can research Coates is a excellent Investment for spot and long traders as they have real technology and patents to product a sale able product.
We can state Secure Supplies formed from engineers in chemical sector in 2011 to use the designs from several directors in the gas chemical business some directors brought them out and added several injection control systems to gas controls., they appear to be selling quite alot of parts to engine builders and possibly is a vendor to Coates for some parts.
Approximating I think Mosel Joined Secure Supplies in a subsidiary ,in Late November 2016 as a sales franchise from what we can gather from conversations ,he and subsidiary companies didn't secure any suitable business in time and didn't bring in any paid business to maintain it thus it got closed.
Looks like they fell out over the failure to have money or project with in allotted time given by Secure Supplies which would be understandable with most companies.
Mosel appears to have tried to absorb the franchise materials and knowledge and was out within 9 months with things ending in August 2017 with subsidiary company being dissolved , and Secure Supplies re assuming several key accounts and management and parts supply activities in USA directly.
This may have occurred mostly due to Mosel possibly being insolvent prior and not advising directors of his financial position prior causing doubt in his money handling ability and making several consecutive misleading statements about the use and status of readiness of Coates Technology in regards to application designed by Secure Supplies which has proposed stationary use only with partial loading.
Mosel is stating h2 Trucks and Products which to our knowledge Coates has never shown or advertised. Last we heard Truck were Lpg / Fuel only
From what we can tell , the project Mosel is presenting is rather interesting but could be very misleading in actual tech readiness or dollars for Coates and himself from Project Owners.
The approval he is stating online is for a solar component to a large bottling facility costing 35 to 40 million , the actual hydrogen approval and design process for Hydrogen is not presented in full nor a approved in full as a fuel handling space and is pending further approval at a latter date stated by Mosel in passing.
He appears to be showing re hashed information from his previous role but is not giving details or statements that lead us to believe his ability or knowledge or monetary relationships are valid for a Coates Investment or immediate engine purchase , nor valid beyond the bottling and solar farm basic approval which is actually under another companies name not his.
The community will have to issue a detailed for approval for hydrogen facility before a Coates sale on a engine can occur and I am sure a budget must be set before participation can occur.
Coates engine/s are a minor part in the project and not budgeted by Bottling facility yet to our knowledge as Coates himself has not stated the Price of such a engine development cost publicly.
And most likely Coates will be paid and supplied last after facility and all other items are installed inspected and signed for use meaning 1 to 2 years away from engines being sold to that project .
Which leads me to believe Mr Mosel is being rather misleading
and grasping at straws by trying to re invent him self using Coates Name after exiting Secure Supplies not fully understanding the readiness nor development costs to Coates or Secure.
I think a direct investment into Coates to accelerate them to start direct sales of Coates Products is a good idea but wonder why Secure Supplies has put orders to Coates on hold?
I am hoping it is Temporary and will still support Coates
Perhaps there is something happening behind the scenes in either company or another series of events or press releases are about to occur.
Coates seams to have some excellent opportunities with military and Governments, and should be able to sell some thing he may need the parts from Secure or maybe simply be buying time to get some new Patents in place before starting production for Sales and or Secure in a new way.
We simply hope to see some engine sales and income data on Coates.
I guess the faith full will support and invest in the companies with the tech development products/parts that are ready to go.
We do know Coates has engines for sale in several fuel categories but we are not 100% sure about h2 readiness due to patents and tech readiness etc
It is important to be very real and straight when dealing with investment and public monies. So I hope this clears some point ups with facts Lets wait and see if any one can turn a profit.
From what I can tell Secure is selling and making money from parts across globe from website www.securesupplyusa.biz with low overheads.
Hopefully Coates can do same with his patents and turn some coin and share price can get us all supporting to help him more.
Good Luck to All
COTE looks real nice for investment but must have income”
