Kid,Texas, Mynuttoo, and others who feel their investment has been swamped by the Coates group, you all have my sympathy...... not my empathy. I do not invest founding shares in companies that have profit/loss sheets of which to be proud, established through hard work and long times slogging through the markets in which they compete. INVENTION is decidedly different, as is pure research (not development). A 'Popular Science' and other tech articles often pull in investors with a business savvy. The problem is that an inventor/entrepreneur individual is an atypical business model. The problems encountered are vastly different from a storefront business model. Such people live in a world that is closer to savants than to engineers, financial experts, programmers and retailers. It is by virtue of NOT adhering to sound and accepted principals that nets them the invention(s) in the first place. When they approach a typical market structure in which to 'sell' their idea, the market is nearly incomprehensible to the inventor/entrepreneur. The I/E must shift gears and become that which he never was... a wily, practiced business man, maybe like you.
To add to the I/E's misery, are the myriad dead ends through which he must learn, frittering away time and money to the enmity of his investors. You folks have done well in business and I applaud you and the powerful strides you have made. Please recognize that the I/E is beyond most people's and especially investor's culture. There is just no measure for George Coates, whom I admire and in whom I invest. I particularly look for and do find such rarities on occasion, to add to the more mundane and consistent equities currently held. Their success is a pleasure beyond financial rewards but I like the rewards too.
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