I went to the last shareholder meeting several years ago. Not impressed at all. You had a bunch of shareholders pissed off about how their investment into Coates has been a huge disapointment, and George trying to deflect the problems of the company by saying he needs financing. A few investors defended George, which is sad for these people. Almont reps were their trying to secure more investors, saying between Almont and Coates this technology was the way of the future. Pathetic. Nothing ever happened. I asked George specifically how many employees he currently had, he told me "8". I asked him in a year's time how many employees he expected to employ, he looked me in the eye and told me upwards to a "thousand". How many employees does Coates employ now? Probably about 8. For years all we have received is BS. If you go from 8 employees to 1000 employees, the stock doesn't stay and trade at .05 cents a share. Companies would want their product, which means production, which means $$$ to shareholders. All I ever expected from George is the truth. This has not happened. Like Leonardo Dicaprio asks in the current movie The Wolf of Wall Street " who buys this crap at .06 cents a share"? Well I guess it's myself and the other shareholders. I'm going to the Feb 14th meeting and all attending should grill George to find out what the Hell is going on. Does anyone know if Jr.s going? I would imagine he's the future of the company. George is in his 70's. He needs to answer questions too.
