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Posted On: 04/04/2019 9:05:26 AM
Post# of 3602
As I did think yesterdays news was interesting and weird as if there was something else coming here is the latest today:
Wall Township, NJ, April 04, 2019 (GLOBE NEWSWIRE) -- Coates International, Ltd. (OTC PINK: COTE) (the “Company”) Coates Manufacturing Ltd., a wholly owned subsidiary of Coates International, Ltd., received a purchase order from an American alternator manufacturer for $24,000,000 USD for 12 - 2 M.W. multi-fuel CSRV® electric power generators.
▪ Company President and CEO, Mr. George J. Coates, comments: “This is a great start for this year. However, the company has already received many orders worth millions of USD.”
▪ Update: The Company management has decided not to extend its existing facilities and is selling its vacant parcel of land and is considering the purchase of a 102,000 sq. ft. manufacturing plant with expansion to another 145,000 sq. ft. The company is planning for the possibility of this to take place this year.
There can be no assurance that the Company will be successful in any of its endeavors.
I like to put that last line in BOLD because, well because....
Need to see who the order was from and needs to be backed up with a 8k filing.
But overall - it cant hurt
Wall Township, NJ, April 04, 2019 (GLOBE NEWSWIRE) -- Coates International, Ltd. (OTC PINK: COTE) (the “Company”) Coates Manufacturing Ltd., a wholly owned subsidiary of Coates International, Ltd., received a purchase order from an American alternator manufacturer for $24,000,000 USD for 12 - 2 M.W. multi-fuel CSRV® electric power generators.
▪ Company President and CEO, Mr. George J. Coates, comments: “This is a great start for this year. However, the company has already received many orders worth millions of USD.”
▪ Update: The Company management has decided not to extend its existing facilities and is selling its vacant parcel of land and is considering the purchase of a 102,000 sq. ft. manufacturing plant with expansion to another 145,000 sq. ft. The company is planning for the possibility of this to take place this year.
There can be no assurance that the Company will be successful in any of its endeavors.
I like to put that last line in BOLD because, well because....
Need to see who the order was from and needs to be backed up with a 8k filing.
But overall - it cant hurt
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