Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
.11 and Up!
»
COTE-GONNA BURST,STRONG BUY
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by CAPTNEMOS: [QB] 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. Contact Information: Coates International Ltd. Phone: 732-449-7717 E-Mail: info@coatesengine.com THE COATES OFFICIAL NEWS WEBSITE [URL=http://www.coatesengine.com]www.coatesengine.com[/URL] [URL=http://www.mostadvancedengine.com]www.mostadvancedengine.com[/URL] SOURCE Coates International, Ltd. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2