posted
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.
Posts: 100 | From: DC | Registered: Mar 2011
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-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
I may have forgot why I'm waiting? Been watching too many stocks at once. Time to dig back thru my notes Posts: 21 | From: Sanford, Fl | Registered: Apr 2011
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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.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
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
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
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.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
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
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
still holding and increased some more with the .028 drop in price.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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