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Re: None

Monday, 07/09/2018 6:57:36 PM

Monday, July 09, 2018 6:57:36 PM

Post# of 28181
More Frankie Fruge dissembling on FB:

Frankie Fruge if you can read the audited financials you will see there are 4002 investors as Harry and I have more $ and investment than all 4000 and we have never taken any Salary or sold any stock. The simple answer is we have always been underfunded and 75% of all $ have gone to administrative to stay compliant. You have the right to say what you think but the words would ve different if tou considered facts. We see this next step of a seasoned investor group abd the seasoned consultant as something we should have had 5 years ago but we have them now to move Cyclone to the market place. We are all investors and as I have written many time before how is this a scam when Harry and I have gotten nothing in 10 years? Oh you see salaries on the financials which ate required to report EVEN IF YOUR NOT PAID and if you loik you will see the salaries are accrued and then in footnotes forgiven. No stock is issued to us amd if we try to sell any we have to file a form with SEC which we haven't. So please by all means show me where this is a scam. The biggest mistake we made was to go public in the R and D stage underfunded. GM AND FORD spend $250,000,000 just to change parts on a 100 year old engine and take 3 to 5 years to bring that change to market. Look at that by comparison.
Just my facts to consider.


Funny how no one from Cyclone is talking about how they told investors and customers over and over that all the technological problems with the engines had been overcome and engine production would start in six months.

Or being the least bit honest about the current state of engine performance.

Or sharing just how many millions disappeared into Schoell Marine without a trace. The story has now turned into the money went into "compliance".

Four engine models are going to be in production before the end of this year, we are told, and not only has there not been a public demonstration of any of them powering anything, there isn't even a staged video of a Cyclone engine powering anything.

Meanwhile, their new "Industry Leader" partner company, GoGreen Equipment has an address at 8200 Stockdale Highway M10-317
Bakersfield, CA 93311. Have a look a what Google Maps comes up with.

And, Current estimates show this company has an annual revenue of 236748 and employs a staff of approximately 1. "

Just like Revgine, who turned out to be no more than a rented post office box, or Topline Automotive, the "global" autoparts manufacturer that had one plant in Michigan with 20 employees which they bought out of bankruptcy, and an alternator and starter rebuilding shop in Argentina with another 20 employees. Or that major construction outfit that operated out of the empty storefront.

Different day, same old scam.

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