Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

Well, Patrick certainly has his facts straight.

Frankie apparently has now moved on from Ford and GM needing $250 million to make a "small change" on a gasoline engine to Elon Musk needing $500 million to create a new car company and mass produce cars you can buy and see on the streets every day. (Hmmm, wasn't someone on this board making the same claim about Tesla a while ago?... )

Now we hear that Harry received no rent from Cyclone. Which is a complete contradiction of all the filings Cyclone has made to the SEC. More Frankie Fruge dissembling, of course. Patrick pointed out the rent went to Schoell Marine, owned, of course, by Harry Schoell. Good for him.

And, again, Frankie's only "proof" that Cyclone has working engines is those old videos on Youtube.

Funny, for a company that promised to have 1500 hp engines running by the end of this quarter she isn't able to point to any more recent successful tests.

Two months to go.

I expect the Q3 results will be filed late, or maybe not at all. First Frankie will tell the SEC they can't file on time due to delays with the auditing, then Cyclone will eventually file unaudited results. Meaning the delay wasn't due to the auditing.

In the Q2 report, Subsequent Events:

Pursuant to the binding letter of intent by an investor to provide $5 million to the company for additional development of the Cyclone Engines the Company has met all its milestones and has received $10,000 in the third quarter of 2018.

That works out to one person getting $19 per hour, gross, with no money going for anything else. Obviously not much progress was made.

Frankie still hasn't filed the contract with the Secret Investor with the SEC, as she is required by law to do with all material information. As this is the only customer Cyclone currently has, it certainly is material.

I wonder how long it will be before this investor realizes they are never going to get a working engine? But then, who would believe a company that has failed to make a working engine after 14 years and $67 million in accumulated deficit could suddenly start producing reliable 1500 hp engines for such peanuts in the first place?