Coates International Ltd. (fka COTE)

[Hurricane_Rick]

John Vallay aka "Former Disgruntled Consultant",

I wonder if George Coates will find your comments as stupid as John Simmonds, CEO of Wireless Age Communications (WLSA) did earlier this summer. Like you said of Forrest Gump..."Stupid is as stupid does."


John_Vallay Share Tuesday, May 11, 2010 1:36:09 PM
Re: D theG post# 2853 Post # of 3992

RETRACTION

I received this email from [e-mail] (John Simmonds) at 9:14am this morning, and therefore am happy to retract my initial post and all other posts I've made since.

You have one opportunity to retract this publically before i commence a defamation of character and slander suit. You said in your first email to marc you had no reason for this attack. Be a man and admit why you are doing this. I didn’t care until you posted this on a public website. The accusations as you know are not true and easily proven to be false, ie number of marriages, legal fees on marriages, my father’s name(john is not any part of it) newlook consolidation of revenues from wireless age is proper accounting and if we didn’t consolidate that would be illegal. My brothers will be more than happy to testify in my defence and verify my history in business particularly my role in glenayre. So my friend from new york do you really want to start a fight or do you want this all to be forgotten. If you decide to retract this i expect it to be done quickly and you need to admit that you are a disgruntled former consultant. Please respond and retract this week or i will go public. I’m sure your other clients won’t be impressed with these false allegations.

I have absolutely no ax to grind with WLSA, John Simmonds or anyone else regarding an investment in or with John Simmonds companies. I hope this makes all of you happy and since am adhering to John Simmond's email by retracting all that I have said, I am avoiding a lawsuit.

I am sure this now will make all of you happy and now we can all move forward.

Good Luck to all.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50028722

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John_Vallay Share Monday, May 10, 2010 6:58:49 AM
Re: D theG post# 2830 Post # of 3992

asdfghj & D theG

I provide you with factual information on John Simmonds and you want to know more about me. This is a public forum, you both asdfghj and d andg hide behind fictitious names.

DO YOUR OWN DUE DILIGENCE
Look at the facts
Research the facts as much as you can
Then make your own conclusions

That's what I did and I came out with my analysis.

Facts don't lie.

Why did John have WLSA taken away?
Was he ever CEO of Glanayre?
Who started Sunbay? What contracts do they have? When do they expect revenues? How much money was it started with? What is the balance sheet of the company right now?
What about all the other public company's he manages?
Does anyone of his companies have money?
Why are they all in debt?
What about Newlook booking WLSA sales on their books?
Ask John, has he been divorced 6 times?

Do your own due diligence, but don't start criticizing and questioning me unless you can prove me wrong for my due diligence.

WLSA stock is down and you are already starting to point your finger on me, rather than John Simmonds.

Management of public companies should be held accountable for their actions, not posters on message boards in public forums.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49960473