Coates International, Ltd. has Signed a Letter of Intent to Merge With an Established Chinese Industrial Engine and Generator Manufacturer Apr. 1, 2011 (PR Newswire) --
WALL TOWNSHIP, N.J., April 1, 2011 /PRNewswire/ -- Coates International, Ltd. (OTCBB: COTE) – Coates International Ltd. (the "Company") has signed a letter of intent to merge with an industrial engine and generator manufacturing company in China.
Management believes that if our company is to get into mass production soon, it must act now. The Chinese manufacturer currently employs more than 2,000 skilled plant workers and produces over 80,000 industrial electric power generator sets per year.
Since negotiations commenced eight months ago, the Chinese company has built a new one million square ft. manufacturing plant where the Coates CSRV natural gas electric power generators are planned to be manufactured.
Consummation of this merger would benefit both companies in a number of ways, including:
Mass production of the Coates CSRV natural gas industrial electric power engine generators will be assured. Lower manufacturing costs are anticipated. The Chinese company could possibly double its product output. The Chinese company would acquire the right to the patented CSRV technology for its existing products. "The Company" would begin generating revenues and cash flows from sales and license fees. Working capital would be generated to enable large scale expansion of CSRV products manufactured in the USA. The merger is expected to establish a significant global footprint in the market place. Access to working capital may become more readily accessible internationally. "The Company" will manufacture other CSRV products as demand increases. It is anticipated that this plan should enhance shareholder value of both merging companies.
The merger is subject to certain conditions and governmental approvals including raising capital internationally.
About Coates International, Ltd.: Coates has been developing over a period of more than 15 years a patented spherical rotary valve CSRV Internal Combustion Engine invented by George J. Coates and his son Gregory. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov
HAS BEEN A TON OF INSIDER BUYING.
Posted by CAPTNEMOS on :
Coates International, Ltd. Received Notice Today, April 6, 2011, From The World Business Group Of Dubai, United Arab Emirates That The Coates Flare Off Gas Power Plant Project Has Been Approved Written by TradersHuddle Staff Wednesday, 06 April 2011 15:17
WALL TOWNSHIP, N.J., April 6, 2011 /PRNewswire/ -- Coates International, Ltd. (OTCBB: COTE) – Coates International Ltd. (the "Company") is pleased to announce that it received notice that the flare off gas power plant project is approved. This project is approximately worth $400,000,000 USD.
The power plant was designed by George J. Coates and his son Gregory G. Coates, which will incorporate approximately 300 Coates CSRV 1 to 2 M.W. natural gas electric power engine generators that will be manufactured in China to Coates CSRV specifications.
Coates International, Ltd. will construct and set up a complete turnkey electric power plant in a designated Arab country. The companies that will participate in the project are: Sherman Engineering Company Luz Construction, Inc. J.S.A. Engineering, Inc. Almont Energy, Inc. The Chinese company that will manufacture the Coates CSRV natural gas engine generators and supply the systems for the project. Coates International, Ltd. will manage the entire project. 90% of the funding is from Dubai, U.A.E. and 10% from the Arab country where the power plant is required. As soon as contracts are signed and funds are received the project will start. The Dubai U.A.E. world business group is also talking with other countries where flare off gas is being released to mimic this project. Management is extremely satisfied with these events and believes this project will start the ball rolling, and will benefit all companies involved including our share holders.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.
SOURCE Coates International, Ltd.
Posted by CAPTNEMOS on :
gonna be the next big thing with all the people shying away from nuclear power.
Posted by CAPTNEMOS on :
moving up.cmon drop that ask i want more.
Posted by CAPTNEMOS on :
cfo/secretary just bought more stock.
COTE.OB Coates International Ltd \de\ Kaye Barry C (Treasurer and CFO) Buy 59,876 .18 10,478 10:50:44 2011-04-11 Kaye Barry C (Treasurer and CFO) Buy 19,000 .18 3,325 10:50:44 2011-04-12
Posted by CAPTNEMOS on :
hursday, April 28, 2011
The Chinese Delegation of top company executives to visit Almont Energy in Alberta, Canada
Coates International Ltd. was informed that the Chinese Company President, Mr. Li, and the delegation of top executives have expressed complete satisfaction with their last visit to Coates International Headquarters, where they observed a number of CSRV systems in operation such as:
The Coates CSRV Industrial Natural Gas Electric Power engine generators in operation under full load. Stand alone CSRV home generator operating on propane gas. A one cylinder industrial engine operating on gasoline. A performance V8 CSRV engine operating on gasoline. A Mercedes 380 SE vehicle retrofitted with the Coates CSRV system operating on Gasoline, demonstration over 10,000 RPM. Numerous engine, generators, and products under construction. Technical data and test results, etc. was also supplied to them.
They will now visit Almont Energy in Alberta, Canada and some of the oil fields to observe the Coates CSRV Industrial Electric Power Natural Gas engine generators in operation up there.
James Pang, the company’s exclusive liaison agent to China will accompany them. Coates management will also be in Alberta, Canada for the visit.
It is not necessary for the Chinese to visit Coates International a second time, as preliminary agreements were already executed by both parties. Chinese License agreements are expected to be executed in Canada.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov. Posted by CAPTNEMOS on :
Coates International, Ltd. Is Shipping More Industrial Natural Gas Electric Power CSRV Engine Generators To Alberta, Canada Written by TradersHuddle Staff Friday, 29 April 2011 15:17
WALL TOWNSHIP, N.J., April 29, 2011 /PRNewswire/ -- Coates International, Ltd. (OTCBB: COTE) – Coates International, Ltd. (the "Company") is pleased to report that on April 29, 2011 it shipped another Industrial Natural Gas Electric Power CSRV engine generator to Alberta, Canada. This CSRV generator will be one of the first of many to be installed in the field. The Company expects to ship additional units already in production in the near future and believes it is at the turning point to begin ramping up production to fulfill orders.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.
Contact Information:
Coates International Ltd.
Phone: 732-449-7717
E-Mail: info@coatesengine.com THE COATES OFFICIAL NEWS WEBSITE
SOURCE Coates International, Ltd.
Posted by CAPTNEMOS on :
wow up to .31c.Nice keep it coming.I am absolutly holding mine for alot longer.You sell now youll be sorry.More and more orders are coming in.With the Chinese total approval and backing.They havent even really got the factory even ramped up yet.
Posted by CAPTNEMOS on :
yes.!!! 10,000 more at .27c/keep selling people
Posted by CAPTNEMOS on :
keep selling at market people ill keep buying.someone asked me what my holding was and its as of now 185,000 shares with an approx avg of 22-23c.
Posted by CAPTNEMOS on :
bamm here we go.no more 27c.HOMERUN.!!!
Coates International, Ltd. Receives Major Funding Commitment for $10,000,000 May 4, 2011 (PR Newswire) --
WALL TOWNSHIP, N.J., May 4, 2011 /PRNewswire/ -- Coates International, Ltd. (OTCBB: COTE) – Coates International, Ltd. (the "Company") is pleased to report that on May 3, 2011, it obtained a firm commitment from Black Swan Capital Group, Inc. ("Black Swan") for $10,000,000 funding which would provide substantial new working capital (the "Funding"). The Funding Commitment is expected to close before the end of this month.
George J. Coates, President and CEO stated: This is a significant milestone in enabling the Company to proceed with its plans and I am very excited because this will enable us to ramp up production and fulfill orders for the Coates CSRV Natural Gas Industrial Electric Power Generator Sets to our customers throughout the Western Hemisphere.
The Company has licensing fees to be received totaling $54,800,000 of which payments are due this year. Other licenses are being negotiated. This will add to earnings along with production and sales of our products. The Company should have positive earnings soon.
This Funding was initiated by George J. Coates, President and CEO.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person* Coates George J. (Last) (First) (Middle) 1811 MURRAY DRIVE (Street) WALL TOWNSHIP NJ 07719 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol COATES INTERNATIONAL LTD \DE\ [cote.ob] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) President and CEO 3. Date of Earliest Transaction (Month/Day/Year) 04/29/2011 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 1,165,507 I By Self, as Trustee for The Coates Trust Common Stock 04/29/2011 S 112,395 (1) D $ 0.23 (2) 205,782,305 D Common Stock 05/02/2011 S V 90,710 (1) D $ 0.3 (2) 205,691,595 D Common Stock 1,957,760 I By Spouse Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. Mr. Coates has agreed to make a loan to the Company of the net proceeds, after deducting estimated taxes on these sales to provide new working capital. The loan will bear interest at the rate of 17% per annum and will be payable on demand. Mr. Coates will also receive additional shares of Series A Preferred Stock under anti-dilution provisions in effect. 2. Net proceeds, after selling expenses amounted to $50,400. /s/ George J. Coates 05/03/2011 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Posted by CAPTNEMOS on :
BUSTED THE 52WK NOW AT 40C. Posted by CAPTNEMOS on :
last 10k only 150k in sales.lost approx 1.2 mill last year.ill bet its gonna change this year.cant wait.
2010
2009
(Consolidated)
Sales $ 159,000 $ - Cost of Sales 95,517 - Gross Margin 63,483 - Revenue from research and development 850,000 840,000 Total Revenues 913,483 840,000
Expenses:
Research and development costs 483,185 303,552 General and administrative expenses 1,059,572 2,186,014 Depreciation and amortization 79,108 31,900 1,621,865 2,521,466 Other Operating Income (Expense):
Gain on sale of land and building - 978,479 Change in estimated fair value of embedded derivative liabilities (53,000 ) - (53,000 ) 978,479 (Loss) Income from Operations (761,382 ) (702,987 ) Interest expense, net 288,960 103,769 (Loss) Income Before Income Taxes (1,050,342 ) (806,756 ) Provision for income taxes - - Net (Loss) Income $ (1,050,342 ) $ (806,756 )
Basic net (loss) income per share $ - $ - Basic weighted average shares outstanding 275,518,171 274,296,319 Diluted net (loss) income per share $ - $ - Diluted weighted average shares outstanding 275,518,171 274,296,319
Posted by CAPTNEMOS on :
due 54 million in licensing fees so far.
Posted by CAPTNEMOS on :
10q should be out this month.
Posted by CAPTNEMOS on :
The new working capital that would be provided from funding of the Loan would enable the Registrant to ramp up production and fulfill orders for the Coates CSRV Natural Gas Industrial Electric Power Generator Sets for Almont Energy, Inc.
Posted by theman on :
You know i have to hand it to you.. You warned everyone well before this stock went up to 38c.. Some people could have made some money if they just listen to what you had to say... I will say this, i wish i saw this post before i rushed into ALZM. But its not to late to go into Cote, it definitely has major potential.
Posted by CAPTNEMOS on :
quote:Originally posted by theman: You know i have to hand it to you.. You warned everyone well before this stock went up to 38c.. Some people could have made some money if they just listen to what you had to say... I will say this, i wish i saw this post before i rushed into ALZM. But its not to late to go into Cote, it definitely has major potential.
NO OFFENSE.BUT I THINK YOUR PUMPING MY STOCK.NO NEED FOR THAT AROUND HERE.I AM IN COLLUSION WITH ABSOLUTLY NO ONE AND WHEN YOU POST STUFF LIKE THIS IT JUST DOESNT LOOK RIGHT.BUT I DO APPRECIATE THE PROPS.and if you do own cote no need to pump just factual.The people that really know me and the ones who have made money with me know the time isnt here yet for the full effect.They know im waiting on financials so if your in great ! youll be pleased.if your not oh well.sorry bout ur bad luck.and the ones who got out and took profit thank you for your shares. Posted by theman on :
UP .035cents
Posted by CAPTNEMOS on :
pff run hasnt even started really.youll see.
Posted by theman on :
Bought some shares today. Lets hope for the best! Posted by theman on :
Was a good buy, up 15%.
Posted by CAPTNEMOS on :
BANG.!!HERE WE GO.NOW THE TIME HAS COME TO SEE WHAT I HAVE BEEN SAYING ALL ALONG.STILL HOLDING MY SHARES.MASS PRODUCTION HASNT EVENT STARTED YET,BUT WE ARE GETTING CLOSER AND CLOSER.
Coates International, Ltd.'s and China-Based S.W.T. Have Agreed to Proceed with Merger Plans at Strategic Meetings in Alberta, Canada May 17, 2011 (PR Newswire) --
WALL TOWNSHIP, N.J., May 17, 2011 /PRNewswire/ -- Coates International, Ltd. (OTCBB: COTE) – Coates International, Ltd. (the "Company") is pleased to announce that Mr. George J. Coates, President & CEO, and Mr. James Pang, the company's Exclusive Liaison agent to China, conducted meetings with the President and a delegation of executives from S.W.T. of China in Alberta, Canada last week. The two companies reached full agreement to combine forces and merge the companies. S.W.T. is a major industrial engine and generator manufacturer in China with more than 2,000 skilled production workers that produce over 80,000 units per year, as well as other products.
Management is extremely pleased with the positive results of the meetings. Mr. George J. Coates, President & CEO stated that: "I believe that significant synergies will be created by this merger, including this being the quickest path for achieving mass production of the Coates CSRV Industrial Electric Power Natural Gas Generators and it should be considered as a turning point that will benefit Coates International, Ltd., its shareholders and S.W.T. of China."
A key event during the visit to Alberta was the inspection by the S.W.T.'s engineers of the Coates Industrial Natural Gas CSRV Generators in operation. They indicated that they were fully satisfied with the performance and emission results. Both companies are now fully engaged with the process of expediting the merger.
The Company has shipped another Natural Gas Generator to Alberta, Canada last week and will be shipping many more as components and parts are delivered to our plant for manufacturing and distribution from New Jersey.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.
SOURCE Coates International, Ltd.
Posted by theman on :
up another 5cents today. . Thank you to CAPTNEMOS!!
Posted by CAPTNEMOS on :
YOUR WELCOME.
Posted by CAPTNEMOS on :
SHES IS GONNA KEEP RIDING TO NEW HEIGHTS BABY.
Posted by CAPTNEMOS on :
.54C.!.DING.!" YOU ARE FREE TO MOVE ABOUT THE COUNTRY".!!(SOUTHWEST AIRLINES MOTTO).
Posted by theman on :
WOW up to .57cents, did not see it going up this quick in just 3 days lol
Posted by theman on :
but im not complaining lol who knows we may see COTE hit $1 at end of the month.
Posted by CAPTNEMOS on :
IM SURE THERE ARE/WERE ALOT OF DOUBTERS AROUND HERE.I always get the last laugh.Well at least most of the time.lol.Cant tell you how many people be giving the Capt and some love on this one.I am glad more than just me are making some jing.
Posted by CAPTNEMOS on :
ooooooghhhhhhhh look at all the sellers wow.i know its not me.im holding.looking for a 10 bagger.in at .18c-maybe out at $1.80??
Posted by dogwithem on :
If only I could have gotten in at .18
Posted by CAPTNEMOS on :
65c.!!!!!!!!!!wow.bet those sellers are kicking themselves.hahaha.and now that you sold your cote what are you gonna buy now?its nothing but up.with the production get ramped up.revs gonna keep getting higher and higher.last 10q they were still losing about $500,000 which is really nothing in the sub 1 dollar world.when all those licensing fees and the generator sets are start to fly.ill bet we see some nice profit.just imagine if 1 of the big three would quit being so stubborn and set in there ways and see there engines are garbage,and finally get on board.china,canada,middle east.so far love this engine.
Posted by CAPTNEMOS on :
70c.!!! wow drinks are on me.bartender serve the house some cold ones on capt.
Posted by CAPTNEMOS on :
quote:Originally posted by dogwithem: If only I could have gotten in at .18
Hey Dog dont feel bad.you made some cash on it and you still have your couple hundred shares.better than losing.i did tell people to hold.but everyone around here so scared of losing money they panic and jump ship.you wanna feel bad.how about losing 2 mil in 1 day watching my holdings.but because i beleive in all my holdings i set a target and try to stick to it.if you get good companies with good financials and promise.almost all the time it works out.so hang in there.EERG i think is gonna have a better 10q next filing.alot of people jumped ship cause the 10q wasnt what was expected.i will hold till then and accumalate eveerytime it dips below 38.
Posted by CAPTNEMOS on :
.725 with 265k in volume.
Posted by theman on :
CAOTNEMOS i just want you to know that i love you. No homo lol
Posted by CAPTNEMOS on :
quote:Originally posted by theman: CAOTNEMOS i just want you to know that i love you. No homo lol
WTF IS CAOTNEMOS??LOL.MAYBE COTENEMOS????AND SORRY BUT I CANT RECIPROCATE THE LOVE TO ANOTHER MAN.WELL I GUESS I COULD IF HE MADE ME SOME SERIOUS JING.I LOVE ME SOME CAPTNEMOS TOO.!!LMAO.ANYWAY.GLAD YOU MADE SOME MONEY.I TELL MOST PEOPLE SELL BACK WHAT YOU INVESTED IN IT PLUS 10-20% AND KEEP FREE SHARES.BUT I AM HOLDING ALL OF MINE.I DID SELL SOME WAY BACK AND KEPT MY FREEBIES.BUT WHEN IT DROPPED I REACQUIRED A BUNCH MORE.SO I WILL FOLD TILL THE COWS COME HOME. Posted by CAPTNEMOS on :
FOLD=HOLD
Posted by CAPTNEMOS on :
THATS IT PEOPLE TAKE SOME PROFIT FOR NOW.DONT SELL IT ALL.YOULL BE SORRY
Posted by CAPTNEMOS on :
theres more positive news coming next week or two.
Posted by theman on :
oh s***. I wanted to say your name CAPTNEMOS. My bad lol I was excited so i must have hit the wrong key when i wrote that lolcats
Posted by theman on :
I trust you, so im holding. Plus i lost so much from ALZM and now i have almost made my money back from switching into COTE. You are EPIC MAN!!
Posted by CAPTNEMOS on :
ding.ding.ding.the bell has rung and we had a great week with cote ending it on .70c.look for more gains as we near more production.have a great weekend folks.im out till mon.gonna soak up some sun and take out the nautilus this weekend.lol.no its not a submarine folks.72foot carver custom named the nautilus thou.and if you see a bunch of hot naked girls with some bald guy that looks like jessie the body ventura.well that be me.use the password captnemos and you may come and party with us,well be at Peanut island if you know where its at.hint.its in florida the 561.im out and peace and god bless.
Posted by theman on :
Like i said......THIS GUY IS ****ING EPIC!!!!!
Posted by CAPTNEMOS on :
you wont beleive this.but im chilling on the boat w some of my peeps and this dude come out of no where swimming up to my boat so i have the boys yank him out of the water and hes screaming captnemos.!captnemos.!.after a brief conversation.hes from freakin allstocks and knows where peanut island is,and found my boat.kinda hard to miss a big blue boat that say the nautilus with a bunch of girls tanning on the deck.as i said.hes like dude let me hang with you and he had a present for me.telling me his story how much money he has lost from peoples picks and cote has really bailed him and his family out of hard times and handed me some.hmm how to say this just right uh a green present.wow.so i thought it was you maybe?but its not.he wants to take a pic so bad of him and me with the girls.im like dude.i got to protect my identity for alot of reasons.had to snatch his camera from him.but hes here hanging with me and the girls.and actually trying to be a player with them.lmao.man he dont know the freaks hes messing with.i might just give them the nod to take him downstairs and give him something hell never forget.im willing to bet hell be snoring like a baby with his thumb in his mouth after they get hold of him.i give it 1 hr tops.hes looks in good shape.but ive seen them spit out some of the most in shape dudes.oh allright get em girls.its now 2.08pm est lets see how long it takes?uh i gotta run barbie is calling me for sumthin.cya fellas.
Posted by dogwithem on :
Too damn funny Capt. Gotta love it Posted by theman on :
What happened!! I feel like the stock was over sold. Went down 19cents. NOOOO!!
Posted by feverblooming on :
what are some thought on the drop in cote, anybody selling, holding, whats happening hear? i would love to hear some thoughts...
Posted by feverblooming on :
*here
Posted by buckstalker on :
IMO mm's are manipulating... I have had a buy order in at .43 for the last half hour with no fill even though .42 has printed several times
Posted by feverblooming on :
hhmmmm, i was hoping to see this stock climb some more, i fear they are walking it back down to the years low. i bought a bunch more thurs, and then it dips. lol, damnit.
Posted by feverblooming on :
not sure if i should sell or buy more, we'll see what happens, good luck.
Posted by theman on :
I dont know why the stock went down like this. I cant find any bad news that would cause such a drop. i lost all my profits, but i still think the stock is a good one, so i will hold. Im not giving up on this one. Where is CAPTNEMOS... we need an opinion. lol
Posted by dogwithem on :
Feels like a roller coaster ride Always brings a smile when it ends Posted by feverblooming on :
the ask is way up....i cant watch anymore, im taking the bike out.
Posted by theman on :
Told you, we are already back to 51cents. In a matter of min. Oh and buckstalker, the reason your order was not going through is because you put your price at the bid price. You have to set your price at the ask price. I hope you bought some shares because it just went up 14%
Posted by dogwithem on :
Does anyone know which Arab country the Flare Off Power Plant is being built in. Coates recieved notice April 6, 2011 from the World Buisness group of Dubai, United Arab Emirates that the project was approved. Dubai is kicking in 90% and the Arab country it is being built in is kicking in 10%. Just hope it's not Libya. Be a shame if NATO bombs the place and all my money goes up in smoke. Unless they end up buying replacement parts Posted by theman on :
damn down 4.5cents. Come on baby pull back up
Posted by CAPTNEMOS on :
quote:Originally posted by CAPTNEMOS: you wont beleive this.but im chilling on the boat w some of my peeps and this dude come out of no where swimming up to my boat so i have the boys yank him out of the water and hes screaming captnemos.!captnemos.!.after a brief conversation.hes from freakin allstocks and knows where peanut island is,and found my boat.kinda hard to miss a big blue boat that say the nautilus with a bunch of girls tanning on the deck.as i said.hes like dude let me hang with you and he had a present for me.telling me his story how much money he has lost from peoples picks and cote has really bailed him and his family out of hard times and handed me some.hmm how to say this just right uh a green present.wow.so i thought it was you maybe?but its not.he wants to take a pic so bad of him and me with the girls.im like dude.i got to protect my identity for alot of reasons.had to snatch his camera from him.but hes here hanging with me and the girls.and actually trying to be a player with them.lmao.man he dont know the freaks hes messing with.i might just give them the nod to take him downstairs and give him something hell never forget.im willing to bet hell be snoring like a baby with his thumb in his mouth after they get hold of him.i give it 1 hr tops.hes looks in good shape.but ive seen them spit out some of the most in shape dudes.oh allright get em girls.its now 2.08pm est lets see how long it takes?uh i gotta run barbie is calling me for sumthin.cya fellas.
ok the official time was 21 min.he came out from the cabin and was like.I LOVE YOU MAN.!!!!LOL.
OK NOW IM BACK AND I SEE COTE TAKING A BEATING.LOOKS LIKE SOME DILUTION MAYBE FOR THE WAY ITS ACTING.(PRICE DROP WITH NOT ALOT OF SELLING}.MEANS NEW SHARES ARE BEING RELEASED..BUT I AM LOOKING TO ACCUMALATE MORE AT THESE LEVELS.PEOPLE DONT SWEAT IT IF U DIDNT GET OUT.IM HOLDING MINE LONGER TERM. DONT GET SUCKED INTO A PANIC.RELEASING SOME SHARES TO RAISE MORE CAPITAL IS UNDERSTOOD.CAUSE HES INVESTING THE MONEY BACK INTO THE COMPANY.HEARD THEY HAVE THERE EYE ON A INDUSTRIAL PARK WITH 12 BUILDINGS ON IT.SO WONT COME FOR FREE WILL IT?GOTTA RAISE THE JING FOR IT.BUT IF THEY CAN STEAL IT FOR WHAT THEY WANT (WHICH ITS HIGHLY LIKELY IT WILL IN THIS MARKET)(.GONNA BE HUGE.GONNA BE MERGING WITH S.W.T..ALSO. Posted by CAPTNEMOS on :
YOUR JUST USED TO POS STOCKS THAT ARE PUMPED AND TANKED.THIS IS GONNA BE HUGE.THIS ISNT A SHELL.JUST WAIT TILL THE NUMBERS COME IN WHEN THEY ARE RAMPED UP SOME.TRUST ME.ACTUAL YOU CAN AVG DOWN A LITTLE.IM LOOKING FOR MORE.SO LET IT KEEP DROPPING.CANT BE HELD DOWN FOREVER.OK HERES A LINK TO S.W.T FOR STARTERS.
THEY HAVENT EVEN STARTING SELLING THEM YET.BUT WILL BE SWEET WHEN YOU LOOK AT THERE PAGE AND COATES ENG/GENERATORS OR ON THEM.CHING.!!!NEXT CHECK THIS OUT.
Dad and Son seal deal with China (COTE) History, Design, Science, Environment, Waldo
I won’t often do this…. a stock market success… so far…
‘Coates International, Ltd. (OTCBB: COTE) - Coates International, Ltd. (the “Company”) is pleased to announce that Mr. George J. Coates, President & CEO, and Mr. James Pang, the company’s Exclusive Liaison agent to China, conducted meetings with the President and a delegation of executives from S.W.T. of China in Alberta, Canada last week. The two companies reached full agreement to combine forces and merge the companies. S.W.T. is a major industrial engine and generator manufacturer in China with more than 2,000 skilled production workers that produce over 80,000 units per year, as well as other products. ’ PR Newswire
A dad and his son have revolutionized the internal combustion engine… by eliminating the poppet valves and replacing it with a rotary shaft which reduces the size, increases the efficiency, and longevity. Today a Chinese company has embraced the technology and agreed to develop it to further mankind’s potential to have ‘a better mouse trap’.
The Coates in a history piece were the first metallurgists in the colonies, in 1711 set up a forge in Pennsylvania… and it’s only taken 300 years to realize that they have placed a new keystone in the advance of human technology. Bravo.
I also hope and believe that this will make an important alliance between us and our Chinese brothers and sisters. Their first project is to utilize the flair gas from the oil wells of Dubai generate a 20 percent return on their efforts by just capturing the gas.
In an earlier new report I read that the Chinese were going to require this technology on every internal combustion engine….which is a great idea.
Wouldn’t it be wonderful if our GM, Ford, and Chrysler would embrace this advance, or are they ever more stuck in the stupid policy of wasted ‘catalytic converters’ and engines that need repair, need servicing continually…. Catalytic converters increase the back pressure, force the engine to run richer and waste fuel… and poppet valves allow the high pressure to enter the oil chamber and limit the rpms as well as degrade the lubrication…..
Bravo…. buy some COTE if you are able to risk $ and want some ‘skin in the game’. Write your government about the stupid and expensive and wasteful catalytic converters….
SO JUST CHILL AND ACCUMALATE WHILE ITS DOWN AND BE READY FOR THE RIDE.OH ON THE INDUSTIRAL PARK HERES A LITTLE TIDBIT ON IT.
CIL's Research and Development facility is 30,000 sq. ft. made of concrete and steel, situated on 6.5 acres of land site valued at approximately $3-4 million. The company is also negotiating the purchase of an industrial park that has 10 manufacturing plants on the site. The industrial park is on 130 acres of land. CIL has significant intangible assets and is planning a major expansion into mass production. Among intangible assets are:
A large number of highly valuable USA (18) and foreign (over 100) patents on combustion engines and new technologies relating to combustion engines worldwide A steam turbine engine valve patent A self adjusting wheel bearing patent Concepts in testing not yet patented Large numbers of working prototypes A pulse detonation rocket engine
Posted by CAPTNEMOS on :
AND I BELEIVE ITS GONNA BE ON OKLAHOMA.SO IF YOU LIVE THERE YOU MIGHT JUST BE WORKING THERE.!
Almont Energy, Inc. owes the Company a balance of $4,997,000 for the Canadian License fee and R&D Agreement, plus an additional $1,000,000 deposit on the USA License Agreement which totals $5,997,000. The balance of the USA Exclusive License of $49,000,000 is payable to the Company in installments over five years.
Almont Energy, Inc. owes the Company a balance of $4,997,000 for the Canadian License fee and R&D Agreement, plus an additional $1,000,000 deposit on the USA License Agreement which totals $5,997,000. The balance of the USA Exclusive License of $49,000,000 is payable to the Company in installments over five years.
Posted by CAPTNEMOS on :
YES CONFIRMED.MIAMI OKLAHOMA FROM THE DOCUMENT THEY SENT MR COATES.OK HERES A COPY.SO JUST CHILL.WE ARE IN ONLY THE 2YR OF THE 5YR PLAN SO JUST CHILL.SEND THEM A REQUEST AND AS A STOCKHOLDER THEY WILL SEND YOU A COPY OF THE 5YR PLAN IMPLEMENTED IN 2009 I BELEIVE,THIS IS GONNA BE GLOBAL.SO EITHER YOUR IN FOR THE NEXT YR OR YOUR NOT.I AM GONNA KEEP HOLDING WITHOUT ANY DOUBT OR FEASR ON THIS ONE.SO QUIT SENDING ME PMS ABOUT IT.THE SKY IS NOT FALLING JUST BE PATIENT.BEFORE YOU KNOW IT .THEY WILL BE REPORTING MILLIONS OF DOLLARS PROFITS.SO U THINK ITS GONNA BE AT .40c SOON? GOTTA RUN FOR AWHILE PEEPS.SO JUST REALX AND BE COOL UNDER FIRE.OR JSUT SELL ME YOUR SHARES.!!IM CLOSING A HOLDING I MADE A KILLING ON.AND WILL BE GOING TO BE A MAJOR SHAREHOLDER.APPROX 1100 PEOPLE HOLD THIS STOCK.YOU KNOW WHY?ITS GONNA BE HUGE.WHAT WE SAW WASNT THE BIG RUN ITS JUST STARTING SO ASTA LA VISTA BABY.ILL BE BACK.!~!
quote:Originally posted by feverblooming: the ask is way up....i cant watch anymore, im taking the bike out.
I HOPE YOU MEAN A MOTORCYCLE AND NOT A REG BICYCLE?LOL.OK EVERYONE SELL THEIR SHARES ASAP.THATS WHAT U SHOULD DO.PLEASE.!!LMAO.I DONT GET U PEEPS SOMETIMES.YOULL HOLD SOME POS U HAVE LOST YOUR AZZ ON.BUT U WONT HOLD A STOCK READY TO BUST AGAIN.I WOULD GET ALL I COULD AT THESE PRICES BEING HONEST.AVG DOWN IF YOU BOUGHT WAY ABOVE MY RECOMENDATION.I AM SO THRILLED TO GET A BUCNH MORE.DIDNT THINK I COULD GET MORE AT THESE PRICES SO.DO WANT YOU WANT.BUT DONT COME CRYING TO ME EVERYTIME A STOCK DROPS A LITTLE.IF U CANT STARE A DEMON IN HIS EYE YOU SHOULDNT BE TRADING STOCKS,HONESTLY.ANYWAY GOTTA GO.HEADING TO RIO WITH THE GIRLS AND MY NEW BUDDY SLICK TRADER..!!WILL CHECK IN TOMOROW MAYBE IF SATELITE HAS A SIGNAL.PEACE.! Posted by buckstalker on :
quote:Originally posted by theman: Oh and buckstalker, the reason your order was not going through is because you put your price at the bid price. You have to set your price at the ask price. I hope you bought some shares because it just went up 14%
OK thanks theman...LOL I can tell by your post that you are fairly new to this game...and while I appreciate the fact that you are trying to help, I have been in this arena for a looooong time.
I rarely pay the ask price for a stock and I almost never hold any of these POS stocks for more than a few days...
I sold my original position yesterday at .69 and bought back in today at .43 looking for a bounce
BTW...the ask was at .51 when I bought in today at .43
Posted by T e x on :
Posted by feverblooming on :
hahaha no way capt, i got me a sweet canondale. anyways thanx for all the scooby's of info you brought to the table on this one, i am new to stocks and havent developed a stomach for it quite yet, and still learning how to seperate the true from false in this. im in on cote and holding. cheers.
Posted by theman on :
Yes you are right, i am new to this trade. But that is really nice if you bought shares at .43cents when the ask is 51cents. Job well done. Im still holding!
Posted by CAPTNEMOS on :
canondales are nice,not cheap,but a sweet bike.anyway.spoke with s.w.g yesterday,about when the coates engine be sold and this is what i was told.i want to buy a new generator for my crib.i want a coates engine.more news coming soon.
COATES INTL ENGINE.GENERATORSThursday, May 26, 2011 1:41 AM From: This sender is DomainKeys verified"Owen Zhu" Add sender to Contacts To: Captnemos40@yahoo.com Dear sir,
Thanks for your letter on our company website "made-in-china". Our company shall be manufacture base of Coates intl engine generators in the future. and now we are builing and processing it. How much power of Coates intl engine generator you need? Best regards.
Owen
Shandong Weituo Group Co.,Ltd E-mail: zblowen@yahoo.com; gsb@cnswt.net MSN: zblzhmowen@hotmail.com; Skype: zblzhmowen Website: www.weituo.com Mobile: (086) 13793659155
Posted by CAPTNEMOS on :
Almont Energy Inc. is a private company formed for the purpose of supplying clean energy solutions to industry by burning biomass gases, natural gas and diesel to create electricity.
Almont has the rights to the exclusive Canadian and U.S. licenses to utilize proprietary technology (the Coates Spherical Rotary Valve "CSRV") in its power generation systems. This proprietary technology delivers ultra low emissions by burning at 95 to 98 % combustion, needs 20% less maintenance and uses 20% less fuel than competitive technologies. Commercial production has commenced and Almont has is positioned to immediately capitalize on the benefits of this new revolutionary technology.
Our products will have applications in industries such as the oil and gas industry, factory farms, sewage plants, landfills, municipal governments and emerging industrial markets as well as such diverse requirements as: military needs, unexpected disaster and relief operations services, residential and commercial applications.
NOT FOR LONG.GOT TO SPEAK TO SOMEONE FROM COATES TODAY(CANT SAY WHO,BUT BELEIVE ME ITS SOMEONE IMPORTANT OK.EXPLAINING THE UNDERTAKING AT HAND FOR PRODUCTION.THEY ARE GETTING ALL THE ASSEMBLIES AND MATERIALS REQUIRED FOR THE RAMPING UP OF PRODUCTION.ALOT OF DIFFERENT ENTITIES INVOLVED.AND WAS HINTED THEY WANT TO KEEP IT IN HOUSE EVENTUALLY.SO IM THINKING THAT MUST BE WHY THEY WANT THE INDUSTRIAL PARK FOR.TO CAST AND MFG PARTS NEEDE FOR ENGINES.THEN THEY SAY YOU KNOW HOW MANY PARTS THEY HAVE TO MAKE FOR THE ENGINE ITSELF?I WAS LIKE NO.HUNDREDS.THEN THEY EXPLAIN THAT THEY HAVE BARELY COVERED THE 3 NEW MARKETS THEIR IN NOW(CANADA,CHINA,EMIRATES)THAT THERES A LOT OF INTEREST FOR THIS ENGINE AND THERE STILL 100S MORE MARKETS TO COVER.SO I ONCE THEY GET THINGS IN SYNC WITH EACH OTHER THEY HAVE THERE EYES ON 100S OF MILLIONS OF DOLLARS WITHIN NEXT 3-5 YEARS(FRKIN SICK).ASK IF THERE WILL BE A PLACEMENT OF STOCK AND ANSWER I GOT WAS,NOT IF WE CAN HELP IT.THEY SAID THEY HAVE MANY INVESTORS WHO WANT IN,SO THEY ARE GOING TO TRY TO KEEP IT PRIVATE PLACEMENT,THEY DONT WANT ALOT ON THE STREET,BECAUSE THEY WANT TO REWARD THE INVESTORS WHO HAD BEEN WITH THEM ALL ALONG.ASKED ME WHAT IM HOLDING IN STOCK AND SAID U BELEIVE IN US I SEE.I SAID ABSOLUTLY SIR.I HAVE AN ORDER READY FOR A 40KW GENERATOR WITH YOUR TECHNOLOGY FOR MY CRIB.HE JUST LAUGHED.HE SAID WHEN THE TIME IS RIGHT SHOW ME YOUR CERTIFICATES OF STOCK AND I WILL SELL YOU WHAT U WANT LOCALLY AT HIS COST PLUS 10%.SWEET.ANYWAY THAT WAS ABOUT ALL I GOT.I WILL TELL YOU IM HOLDING FOR AT LEAST ANOTHER 2-3 YEARS AND GONNA BE BUYING MORE BLOCKS. AFTER THE MERGER
Posted by CAPTNEMOS on :
NICE 30K FILL AT .45C.THEN ANOTHER FILL AT .47C FOR 30K.20K FILL AT .048.KEEP DROOPING THE ASK MMS.I WILL TAKE YOUR STOCK THANKS.WONT BE ABLE TO HOLD THIS DOWN FOREVER.EVENTUALLY YOU WILL HAVE TO LET IT GO.I WILL KEEP FILLING AT .01C OVER BID.WHY THE BID IS GOING UP ALSO.YOU CANT SHAKE ME OF COATES HUDSON.!! TRY AGAIN
Posted by theman on :
15cents down, i tried to put a order in but it wont let me buy, the ask is too HIGH
Posted by CAPTNEMOS on :
yep it quit filling mine.the last dip looks like new shares hit the street and someone gulfed them up real quick.so there raising some loot to get this ramped up baby.Please Mr Coates issue some more.droop that ask Hudson of.55c.
Posted by buckstalker on :
Coates International, Ltd. to Receive Funding From Its Chinese Merger Partner a Good Faith Deposit of $1,000,000 Last update: 6/2/2011 12:17:00 PM WALL TOWNSHIP, N.J., June 2, 2011 /PRNewswire via COMTEX/ -- Coates International, Ltd. (COTE) - Coates International, Ltd. (the "Company") is pleased to announce the next step in the process to merge with SWT, a major Chinese heavy equipment manufacturer. SWT has signed another agreement which provides the Company with a good faith deposit of USD $1,000,000 to cover a portion of the expenses in connection with the consummation of the merger transaction. The Company is in the process of establishing a bank account in China for this purpose, upon which the funds will be deposited. The Company has also retained a highly respected Chinese law firm to orchestrate the merger transaction. Mr. George J. Coates, President and CEO stated: "We are excited about the pace of progress we are making with our future business partner in China and are enthusiastic about the synergies that will be created, including access to substantial existing manufacturing capacity and skilled labor in China; this is a win-win situation for both Companies and our shareholders." This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Our public filings with the SEC may be viewed and printed from the website maintained by the SEC at .
Posted by CAPTNEMOS on :
we are nearing the day.Thanks for the posting Buckstalker
Posted by theman on :
Im thinking of taking my money from SNSS and putting into COTE.
Posted by CAPTNEMOS on :
Eltp poops on snss.beteer company for less than 16c a share
Posted by theman on :
lol what about COTE?
Posted by theman on :
I should have sold SNSS when it was down only 37. cents then bought COTE when it was down .03 cents. now its up. PISSSS!!!!!!!!
Posted by CAPTNEMOS on :
cotes in waiting phase.i thought you held coate already.eltp is a bargain at this price.just look at snss books.400 million dollars accumulated deficit.no products yet.eltp has 3,yes 3 approved and ready for release,and like 8 more in pipeline.at 15c-16c,compared to $2-3 dollars what you think?its a huge pump snss.everybody and there brother is pushing this and waS ONLY A MATTER OF TIME bottom was gonna fallout.
Posted by theman on :
I sold shares first thing, CAPTEMOS is right, this stock is trash, i took my 50 cent profit and ran.
Posted by theman on :
Posted by CAPTNEMOS on :
Coates International, Ltd. Signs a $20,000,000 Equity Line of Credit Today With Dutchess, a Boston Based Investment Fund Jun. 7, 2011 (PR Newswire) --
WALL TOWNSHIP, N.J., June 7, 2011 /PRNewswire/ -- Coates International, Ltd. (OTCBB: COTE) – Coates International, Ltd. (the "Company") is pleased to announce that it executed an Agreement with Dutchess Opportunity Fund, II, LP ("Dutchess") for a $20,000,000 equity line of credit financing facility. Under this facility Dutchess will purchase shares of the Company's common stock.
The Company is required to register the shares of common stock with the Securities and Exchange Commission ("SEC").
The Company President and CEO, Mr. George J. Coates stated that, "the funds will be accessed at our sole discretion. It is necessary to have this line of credit to assist our production needs."
The $10 million firm commitment from Black Swan Capital Group, Inc. address 999 18th Street, 30th Floor, Denver, CO 80202, has not closed as of yet. More information will be forthcoming on Black Swan shortly.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.
SOURCE Coates International, Ltd.
Source: PR Newswire (June 7, 2011 - 11:49 AM EDT)
News by QuoteMedia
Posted by theman on :
I have a feeling that COTE is ready to turn up and head for the ski. Any day now because Cote is undervalued at the price of .42cents and its being oversold. tick tick tick
Posted by theman on :
I would think it is a good time to buy COTE. The price is low at .38cents
Posted by CAPTNEMOS on :
im just sitting here laughing.let them all get off.they will be sorry soon enough.just be patient and give her ,her time and she will burst.takes time to set up operations that they need to do.so im cool and patient.most of my stuff across the board is down.So while evryone is jumping im just smiling cause i know how it works.always are jumpers when the stock goes down.people are to afraid to hold,because they got stuck in some **** before.Coates is for real.Actually mr Coates just got a reward of stock from the directors for the job he is doing.just takes time.As i said before we are in only 2-3rd year of the 5 yr plan.so if u cant hold for that then be gone.
Posted by theman on :
Crap.. my stop was at .36 and it sold all my shares. Posted by CAPTNEMOS on :
thats gotta sukz
Posted by theman on :
yea im pissed off
Posted by dogwithem on :
If the price goes much lower I'm going to get nervous Posted by CAPTNEMOS on :
patience/remember in 3rd yr of 5yr plan,just chill boys
Posted by CAPTNEMOS on :
Good thing i was out at 36cents. I would be pulling my hair out at .26cents. But im still waiting for the uptrend
Posted by Tmoney on :
Posted by theman on :
hahaha wow
Posted by CAPTNEMOS on :
yep sure was,but im holding fer anudda yr or two,So im personally not even sweating this,rome wasnt built in a day.
Posted by theman on :
I am back in for a ride. I bought in today. Both of my projection models are showing a steady up trend from here and also the safe price is suggested at .32 cents so im going to sit on this one for a while.
Posted by theman on :
We are now up to 30 cents.. Im starting to feel good.
Posted by CAPTNEMOS on :
patience,
Posted by theman on :
Yea i know, it just takes time.
Posted by CAPTNEMOS on :
wait for it,wait for it.
Posted by dogwithem on :
I may have forgot why I'm waiting? Been watching too many stocks at once. Time to dig back thru my notes Posted by chehtet on :
Technically, COTE.OB has been showing support around 0.22 and resistance in the 0.3992 price range. The technicals are improving.
Check here: "http://www.allotcbb.com/quote.php?symbol=cote"
Posted by CAPTNEMOS on :
well the okl plant as i said is coming to fruition.the stock is gonna go down at this point.be cause they have to raise major funds to get this going,and u do that thru stock issuance.but still in yr 3 of the 5 yr plan.i will be looking to avg down on this one for the stock i didnt sell at 40c.hang in there if u still holding.
Posted by CAPTNEMOS on :
Coates International Ltd. Makes Plans to Start Up Operations of Its Wholly-owned Subsidiary, Coates Oklahoma Engine Manufacturing Ltd. WALL TOWNSHIP, N.J., June 6, 2012 /PRNewswire/ -- Coates International Ltd. (NASDAQ OTCBB: COTE) – Coates International Ltd. (the "Company") is planning to start up a large-scale Coates CSRV engine and generator manufacturing facility in Oklahoma with its wholly-owned subsidiary, Coates Oklahoma Engine Manufacturing Ltd. ("Coates Oklahoma").
The manufacturing facility has already been decided upon which consist of 1,415,000 square feet of manufacturing and office space on a 160 acre site which includes 30 acres of parking space and 34 acres of outdoor storage. An offer to purchase the entire facility in exchange for cash and company common stock has been accepted.
Oklahoma state and federal incentives have already offered to us of up to $787,526,057 with investment/new jobs tax credit package $779,158,557.
An agreement is already in place with Cummins Power Systems to manufacture the industrial short blocks for our large scale production. These short blocks will consist of crankshaft, conrods, pistons, bell housing, flywheel, starter motor, engine, mounts, and water pumps.
An agreement is in place with Marathon Electric to supply industrial electric generators for our production requirements.
Coates Oklahoma Engine Manufacturing Ltd. will manufacture and assemble the CSRV systems to the short blocks and generators to complete the Coates CSRV Electric Power Engine generator production.
Requirements from our customers of our industrial electric power natural gas CSRV generators and engines are as follows:
2012-2012 : 5,630 2013-2014 :11,145 2014-2015 : 11,220 2015-2016: 11,220 2016-2017: 11,220 These requirements are only for the territory of USA and Canada. There are many other potential customers throughout the world that have shown serious interest in our CSRV electric power generators and engines.
The Company is in the process of undertaking efforts to raise sufficient startup working capital to carry out these business plans.
There can be no assurance that it will be successful in raising the required start-up working capital to execute the business plans described above for large scale manufacturing in Oklahoma.
Green Technology
Posted by CAPTNEMOS on :
PLAN FELL THRU DUE TO GROUND BEING CONTAMINATED AND ASBESTOS.SUPPOSED TO HAVE MUCH BETTER OFFER FROM ANOTHER STATE.KEEP MY EYES OPEN.IF IT DROPS AGAIN.I WILL ACCUMALTE MORE.I AM STILL HOLDING MINE FOR AT LEAST ANUDDA YEAR OR SO.
Posted by CAPTNEMOS on :
still holding.the plan was for approx 5 yrs for production and i think its still another yr or two away,but gonna try to buy another block to add to my position,sense something is about to happen soon.They had cracks that were develping in the heads which sorta put a delay on things,but seems to be resolved and things are back in motion.Good luck
Posted by CAPTNEMOS on :
still holding and increased some more with the .028 drop in price.
Posted by CAPTNEMOS on :
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