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ChuckFinley305

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ChuckFinley305

Re: None

Tuesday, 09/04/2018 11:18:32 AM

Tuesday, September 04, 2018 11:18:32 AM

Post# of 28183
Cyclone sold off 76% of the performance division for only $15,000 and thought that was such a great deal they issued a PR about it, but neglected to mention the purchase price in order to generate more stock sales....

Further proof this is nothing more than a stock selling front...


In 2012, the Company established Cyclone Performance LLC (“Cyclone Performance”) f/k/a Cyclone-TeamSteam USA, LLC. The purpose of Cyclone Performance is to build, test and run various vehicles and vessels utilizing the Company’s engine. As of June 30, 2018, the company had a 95% controlling interest in Cyclone Performance. Effective July 24, 2018, the company sold 76% of its equity for $15,000, and retains a 19% interest.




-Chuck
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