To King 1
Being secretive on their technology & patents (secret sauce) is OK with me. I want to know more about Almont Energy Company. I cant find any information on them on the internet. I want to know about Almont's ability to pay the amount they have outstanding and I would like to know how much money Almont has already paid to Coates for the licensing agreement when it was signed.
I did call Almont today at 403-262-2950 but no one picked up.
There website kind of reflects their entire business is based on Coates products. If this is the case then I am wondering if Coates set-up Almont by either investing or loaning money to Almont.
I also want to know if the engine that they sent was a sale, or was it given as a demo.
Do they have any licensing agreements in the U.S. or anywhere else in the world.
In the last quarterly filing with the SEC Coates had no money. I would like to know how they plan on paying for the manufacturing of the engines.
Do they plan on getting a bank loan or an equity capital raise. If it is an equity capital raise I want to make sure its not a death spiral like a NIR, Cornell or Dutchess deal.
I would like to know the deal terms.
I am very interested in getting an understanding of the business.
I think Coates has really pissed off past and current investors, but that may provide new investors with an opportunity to make money as long as everything is in order and I get the answers I want to my questions.
If management wants to be secretive on public information, then I won't buy the stock or suggest it to my associates. And it will also mean the company is hiding something and that is never good.
I want information, if they don't want to provide it, then they dont want new investors.
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