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ralph4

10/08/13 9:51 AM

#22747 RE: Piecemaker #22746

This volume is telling... And it's still early!
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grajekk

10/08/13 10:12 AM

#22748 RE: Piecemaker #22746

Good morning Piecemaker! The undetermined price of the engines is a roadblock in my mind. If we end up getting a hundred bucks an engine this PR will be worth about as much as the lawn mower, great wall, LSR, and syngas PR's. If we get $1500/engine, the investing community takes notice, and we are off to the races.. Until I see some meat and potatoes it is just more Fabreeze in the air.. LOL! Later Bud!
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now invest

10/08/13 10:34 AM

#22751 RE: Piecemaker #22746

THERE IS NO COMMITMENT TO 6500 ENGINES... NONE according to what has been PR'd.. Please Document... Where YOU found that there was an OBLIGATION(commitment) to Buy 6500 engines??????

From the PR... MY BOLD!!

Under the terms of this new agreement, Phoenix will purchase engines for a period of at least five years from Cyclone-WHE at prices to be determined at a future date. In order to maintain its exclusivity under the ten-year license, Phoenix must purchase at least 6,500 engines during the initial five-year period after delivery of the first running prototypes




This PR IMO... is misleading.. OR was poorly written...!!!!!!! They ONLY have to buy 6500 IF they want to keep the exclusivity!!! NO WHERE DOES IT SAY THAT THERE IS ANY LEGAL COMMITTMENT TO BUY OR PAY For THOSE UNITS...!!!.

AND THERE IS NO PRICE... so no telling WHAT the profit would be..

ALSO.... NOTICE NO DATES GIVEN FOR DELIVERY!!!!!!!!!!!!!!!!!!!
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