Hi, I just joined the board since I'm a potential investor in CYPW trying to do some due dilligence. I heard about Harry Schoell's engine years ago but dismissed it immediately because of its unique water lubrication. Water is a terrible lubricant!
However, quite recently I read some news on another site about the engine/company being quite far along commercially. Anyways, here I am. The stock is ~23 c, down about 90% from the IPO price. The obvious question is why?
I noted that there were some thermal stress tests conducted recently and wonder if all the necessary engine testing has been done prior to this stage of commercialization. Cyclone's website says very little in this regard. My gut feeling is that the testing regimen is incomplete and at its earliest stages at best.
At the bare minimum extensive running on a dynamometer is a must, in addition to the aforementioned thermal testing of the heat exchangers. I'm curious to see how long piston rings are surviving with a piston port design with no oil?
I do beleive that Mr Schoell is onto something potentially big, but he needs to have rock solid reliability, longevity, and convenience at least equal to conventional gasoline or diesel powerplants.
Being I'm much more of a mechanical guy than a business type I'm very likely missing a whole pile of other reasons why the share price is 23 cents.
Feel free to expand on this if you would.
Drew