Buddy told Nforsure the following And I agree 100%
Read the PR carefully. Frankie Fruge is a master of manipulation of facts.
Cyclone doesn't have a contract with the people who own the 365,000 square feet of retirement homes, their contract is with some unknown party.
The contract doesn't pay them for the solar collectors, heat storage facilities and generators, it pays them below-market-rates for electricity. If and when the electricity is delivered.
Cyclone has to front all the money to design, build, install and maintain all that machinery. Money they don't have. For technology they haven't been able to make work in 14 years of trying.
Speaking of electricity from solar, Cyclone has been pushing that scam since at least 2007 when they announced they were going to place dozens of test generators at customers' sites.
Not only have they not built any of those solar generators, they have not even demonstrated a prototype of anything making electricity from solar power.
But, suddenly they will be in the large-scale long-term solar electricity generating business.
Three years ago Cyclone announced they had a "binding" letter of intent for $42 million in wood burning power systems. They never saw a penny from that.
Four years ago they announced a million dollar purchase order for engines. They couldn't make engines that ran, and never saw a penny from that.
Not to mention the deal with that international military contractor that turned out to be a little company in Denmark that went broke. Or the global autoparts manufacturer that had one old factory in Michigan with 20 employees they bought out of bankruptcy and an alternator rebuilding shop in Argentina with 20 employees. Or that major manufacturing concern that was going to have Cyclone lawn mowers on the market by 2009 but turned out to be nothing but a rented mailbox.
And on and on.
As for that GoGreen deal, their new partner is operating out of a rented mailbox in the UPS Store in Bakersfield CA. Just like many of their old partners. Find a nobody willing to deal with you, put out a PR claiming a major deal, then dump new stock on the market. Wash. Rinse. Repeat.
