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Re: arnold post# 26664

Friday, 12/29/2017 1:31:57 PM

Friday, December 29, 2017 1:31:57 PM

Post# of 28184
Good Grief...

If there is no revenues or gross profit why can't Cyclone file SEC reports?

ANSWER

President of Cyclone, " We have a small accounting staff and we do not have the robust employee resources and expertise needed to meet complex and intricate GAAP and SEC reporting requirements of a U.S. public company.


.... which is exactly the opposite of what Cyclone has been telling investors all these years, you know, about their highly skilled "management team".

But, this is classic Cyclone. Fail to deliver, then make excuses blaming others.

They couldn't run any engines at the investors' open house in 2011, because "the insurance" wouldn't let them.

They couldn't run the expensive land speed record car, because they needed someone to donate "safety equipment".

Harry bragged on the steam car board about the Mark 5 engine being "a beast" on the dyno, promised to release test results, then refused because of "SEC requirements".

The promised Cyclone lawn mowers, weedeaters, waste heat engines, solar generators, Chinese engine production, etc., etc., all failed because the customers couldn't follow Harry's "ingenious" plans.

Now, after making investors $65 million poorer, Cyclone turns out to have nobody smart enough to put together a balance sheet.
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