Coates International Ltd. (fka COTE)

[Hurricane_Rick]

Dudedaddio,

You state:

1) George Coates is a con-artist
2) You do not believe an engine will ever be produced and shipped
3) Coates promised you options and never came through on that promise
4) You would contribute to a fund to expose any alleged criminality on him

Yet you STILL own stock in this company? Why on earth would you own ANY of this stock given such strong opinions you have of failure and criminality? Nobody is holding a gun to your head to hold onto your shares. And I don't believe there are any original COTE investors that have a cost average above .50 for their original shares. You've had several opportunities over the years to sell well above .50 to get your original investment back AND profit and relieve yourself of this nightmare that is obviously plaguing you. Certainly you must know of better managed and more reputable public companies with revenues and a solid track record to invest in.

I'm not criticizing your opinions of the company, the man or the stock...everyone is entitled to have and express them in this forum. However, I do question your judgment on maintaining an investment in this company since it has been public. COTE has given you an out several times, but at this point you really have no one to blame but yourself.