Pre-foreclosure? Well, doesn't that just figure.
The two con artists are in their mid-70s, most of the more than $25 million of investors' cash they spent disappeared into "general and administrative expenses", and they were still making mortgage payments.
Frankie is still on Facebook telling people "a Rankine cycle including the Cyclone Engine, do not need transmissions or high hp as they have full torque at 1 rpm. Our first models will be peak 100hp and constant duty 1500 hp."
They still haven't demonstrated a Cyclone engine powering even a go-kart. As mentioned before, they never had the equipment to measure engine torque output at 1 rpm. If they had, they would have discovered that all the water lubricated bearings in their engine would be destroyed in that first rotation at full torque.
And still not even the slightest bit of honesty about the disaster known as the Cyclone engine. Fifteen years of unrelenting failure, tens of millions of investors' money wasted, and the con goes on.
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