Cyclone Power Technologies, Inc. (fka CYPW)

[pennypicker42]

"This will reduce our liabilities dramatically, and demonstrate management's strong faith in the future of Cyclone.

Somehow management getting paid their back pay by selling new shares doesn't increase my faith in management. It's hard to justify losing 8¢ a share and still borrowing more. I'm glad they're closer to production but wonder about the used oil clause in the Phoenix oil contract. I wonder how they plan on enforcing what a customer burns to run their Cyclone engine? I don't remember if the contract names a fine or what on breach of that point of the contract.