Replies to post #26290 on Cyclone Power Technologies, Inc. (fka CYPW)

[Tom Swift]

Maybe it's not a scam? How weird's that? Well, maybe I'm being overly optimistic... On the other hand, composting sounds like one heck of a more reasonable business model than Cyclone or the WHE. For one thing, composting is a real thing. For another, people pay money for black dirt. Beyond that, people pay money to have sticks, leaves, garden waste and the like hauled away. I used to live in a town that taxed you for fall leave pickup and then sold the resulting compost for a profit. There's something to be said about a business where people pay you to take the raw materials off their hands and then pay you again for the finished product --- a product that needs very little in the way of capital or expense to process. I can see, theoretically at least, how you could make money on something like this. The big thing would be getting all the right contacts for collection and marketing.

Maybe it is a scam but it sounds a lot more plausible than the previous ventures.

[BuddyWhazhizname]

It looks to me like a Ponzi scheme that falls just inside the law.

Nelson proved the Cyclone WHE engine is an irredeemable failure. He's now winding down that business? All the workers were laid off last May. What's left to wind down?

He's been trying to raise money to buy a composting operation in Georgia since then or before. Since Q2Power is just a shell with a lot of debt and no assets, it's not a surprise that no one has given him more millions so he can skim off another big share for himself.

Notice a couple things in the announcement:
1) They closed $1,000,000 note offering.
2) $1,000,000 in liabilities has been restructured.

They don't detail how much of the "new" million is really old debt in another form.

So the existing note holders who weren't getting paid can have new notes. This PR goes out predicting great things. If they find new suckers to put up cash money, Nelson takes his cut and the existing investors can get their money out.

If Q2Power ends up in the composting business it will be coincidental. The name of the game here is to get money from new investors to pay out to the old investors. Just like Mr. Ponzi did.

After all, if Chris Nelson wanted to get into the composting business he could simply rent a little land, collect tipping fees for truck loads of sewage sludge and wait. Barriers to entry are minimal. Capital requirement is minimal. The technology isn't complicated. But he hasn't. The composting business story is just bait.

[ChuckFinley305]

This is a great investment oppritunity! Probably the best one Nelson has ever work on! He finally has mastered his craft and after 10 years of raising funds for Harry Schoell's ingenious S*it designs he realized his passion was exactly that! It makes perfect sense that he moves into the composting business. His entire background has been peddling worthless s*it.

-Chuck