Highlights of shareholders meeting(s) last week in which I attended.
1) Per George, Coates International needs 5-10M to begin production on one of their products.
2) They have real orders for a few of their generators/engines
3) Coates wants to do a preferred stock offering 100k minimum investment so they can receive the funds necessary to begin production
4) China deal is real, but the Chinese want majority ownership which George refuses to give
5) Per George, their are no durability issues with any of his products
6) High profibility on all Coates International products
7) Again, the only thing missing for this company to take off is the 5-10 million dollars investment into Coates
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