Cyclone Power Technologies, Inc. (fka CYPW)

[arnold]

Cyclone did not pay off debt!

"announce that we have entered into settlement agreements with all of the holders of judgments against the company,"

That means that the debt holders will hold off judgments against Cyclone and Cyclone will pays debt under new payment plan.

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This means that Cyclone is taking the debt of the books but payed nothing.

" is in the process of de-recognition of a substantial amount of aged payables that have been on the books for over 5 years"


Derecognition is the removal of a previously recognized financial asset or liability from an entity's balance sheet.
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Unknown investor and unknown payment.


Cyclone has been working very closely with the new investor group through the due diligence period and are continuing to receive payments per the schedule.

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The water lubricated engine of 1500hp has never been shown to exist. Not a single water lubricated engine is in use. The engineers at the University of OHIO confirmed the water lubrication issue.

The heart of the Microgrid system is the new Mark 10 engine producing 1500 plus horsepower at 7’ X 7’ footprint
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This is clearly a Press Release designed by the same scammers of the past.

One would have to be delusional to think you could collect enough BTU's from some thermal collector to power a 1500 hp engine. The collector would have to be as large as the state of Nevada and on a sunny day. This is known as irrational exuberance.