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Coates International COTE
(Total Views: 380)
Posted On: 02/28/2017 10:26:47 AM
Post# of 3605
Posted By: vegasandre
We now know if GC received the 1 mill also yet= NO

Which We expected. If GC receives the 1 mill then we will also receive the 50 % deposit for orders.

cannot have one without the other.

However if we are counting on SS to be our gateway into production than I feel that is a bit of a stretch as they are very early in the startup phase and obviously cash strapped.

they are relying on prepayment of orders to prepay Coates for orders.

That kind of a gameplan usually doesnt pan out.

the outlier is that they are pretty motivated-sometimes you cant give someone enough credit for motivation.
Motivation is our hope














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