Not to mention the total lack of honesty about what they actually DO have.
Back when Harry was bragging on the steam car board about what a "beast" his engine was, he promised to post dyno test results. Of course he then started to run off a series of excuses for not making good on the promise, with the final one being the SEC wouldn't let him.
Frankie claimed on Facebook a couple years ago that the defense contractor customer from Denmark was going to be testing the new genset engine, and full test results would be posted. She even put up a photo of a rented electrical load bank. Frankie never even tried to make excuses later for not posting the results.
The few videos that have been posted over the last several years only show engines spinning for about a minute and never powering anything.
The law requires public companies to disclose all material facts. A material fact is one that might make a reasonable investor decide whether or not to invest in a company. Obviously, the fact that Cyclone can't make an engine that can power anything would be material.
But, they'll have 1500 hp Mark 10 engines running by the end of this year. This time, for sure.
