Cyclone Power Technologies, Inc. (fka CYPW)

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Revenues are now starting to come as they have now shown us.


As a result of fulfilling the Renovalia license requirements, the Company recorded revenues of $250,000 in the third quarter of 2011, an increase of 156% over the previous year period.

The Company had other income for the third quarter of 2011, which included $48,000 from the adjustment of a derivative liability.

They need to watch Company’s cash flow or operations they have just told us management has engaged an expert in the subject area and has implemented stricter internal control measures.

(Expense were up 54%) expenses third quarter of 2011 were $878,000 staff almost doubled over the last 12 months.
As of September 30, 2011, net working capital deficiency was $2.1 million, down 8% from the previous year.

Cyclone has approximately $1.5 million in backlog orders for prototype engines.

Contracts;
Combilift license and contracts with Raytheon Company and the U.S. Army(through the Company’s license with Advent Power Systems)

2011 Highlights discussed at the meeting included:

Received contract from Raytheon
Awarded contract with U.S. Army through licensee, Advent Power
Signed licensing agreement with Combilift
Entered manufacturing agreement with TopLine Automotive
Became SEC reporting and moved to OTCQB
Expanded team and facility by over 30%
Received 15 additional patents on engine technology in U.S. and worldwide.
http://www.cyclonepower.com/leadership.html
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