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COTE just started trading yesterday... where it will go short term, I'm not sure. The future for the company does have some huge potential though.
The Coates Spherical Rotary Valve System (CSRV) represents a revolutionary departure from the conventional poppet valve. It changes the means of delivering the air and fuel mixture to the firing chamber of an internal combustion engine and of expelling the exhaust produced when the mixture ignites.
The "Coates" system utilizes spherical valves which rotate in a cavity formed between a two-piece cylinder head. The valves include channels which connect to the intake and exhaust passages.
The Coates Spherical Rotary Valve System provides benefits of such magnitude that this system will revolutionize engine manufacturing and design. Already, major manufacturers have visited the Coates facility and opened discussions regarding the use of the technology, and to-date, Coates International has received several multi-million dollar orders for its CSRV based automotive and natural gas engines.
The major advantages of the CSRV design include: Increased engine efficiency and power output Substantially lower hydrocarbon and oxides of nitrogen emission Elimination of oil from engine heads Reduced lubrication and maintenance requirements Reduced manufacturing costs Adaptable to multiple fuel types such as gasoline and natural gas
WWE Minimum Purchase Requirement CIL and WWE have agreed that the minimum annual number of generators to be purchased by WWE in order to maintain exclusivity is 120. The current price per generator is $150K which equates to $18 million in annual revenue for CIL. This minimum purchase requirement starts in 2007.
-------------------- trashed and scattered again Posts: 629 | From: Boston | Registered: Jan 2006
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