I think they are issuing stock to pay their auditor. Why are they bothering to have expensive audits done? When (if) there are public, commercial product sales, Cyclone stock can be traded by brokerage houses only if they meet SEC rules including re. up-to-date audits. The critics on this site loudly proclaimed that Cyclone would never complete their 10K (2016) audit. They said that the difficulties they were having with their auditor were Cyclone's fault and that Cyclone had stiffed this auditor when they changed to a new one. All of these statements proved to be untrue. Did your resident critics humbly admit their multiple errors in judgement? Of course not. This is because they are not interested in discussing reality. They instead are desperately trying to defeat Cyclone. Often with slander. There are many bent individuals out there with different agendas. Some people are frustrated with their own lives and have carved out a niche among a small group of amateurs as "resident steam engine experts". Cyclone's success will make a mockery of that posturing, which has consumed decades of their life. Others have imprudently invested too much money in this stock when it had a P/E ratio of infinity ($1-2/share with negative earnings.) Rather than admit that they were foolish, they attack Cyclone for misleading them. But what engineer ever, has not been overoptimistic about their inventions, at early stages? And so, we are pummeled with "analysis" that "proves" Cyclone is a fraud because of their previous overoptimism. Well, past performance does not guarantee future results, in both directions. In my opinion, Cyclone success is looming. This is a 10-20 billion dollar/year market. Cyclone is not public about their technology, proving its merit. This infuriates many junkyard steam hackers who think they are entitled to discuss all the details. They are not. This is a commercial endeavor, with important secrecy requirements. These junkyard geniuses are not entitled to know squat. In any event, my schadenfreude will be exquisite should Harry Schoell and his comrades succeed in their aims to have purchase order deposits in 1Q 2018 and deliveries and revenue in 2Q 2018. Stay tuned. By the way, if so, dilution won't matter that much. Expect perhaps a 10-1 reverse split to facilitate getting the stock traded on a major Exchange. Your mileage may vary. By the way, never trust screamers and yellers who obviously lack scientific humility. It is a dead giveaway.
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