Just a few observations about this morning's PR.
Post# of 3601
Posted On: 12/30/2015 10:31:12 AM
Just a few observations about this morning's PR.
How does a company consummate a verbal agreement at the same time definitive agreements are being drawn up between the same two companies?
"This transaction is expected to be finalized in writing, shortly. Mr. Perkowski will return to China next Thursday, January 7, 2016."
My take on this is that Mr. P brought the papers to be signed by GC and the details are being discussed by phone with China. GC will sign the contract, Mr. P will deliver it to China for them to sign on or about Jan 7th 2016.
Other "opportunities" supposedly in progress include an agreement to arrange 100 gen sets to be manufactured and delivered to Coates for "finishing" to be shipped to customers.
Following that were still additional forward looking statements about "future sales, cash flow and profits once we start shipping the units."
All the above are the customary forward looking statements that we have come to expect from GC. The best we can gather from all this is that, according to GC, things are happening... just not finalized yet.
No failures have been mentioned. Then again, test results have not been revealed either. Yet, all in all, this series of events sounds encouraging to me. Call me a cool aid drinker if you like. But, IMO, buying COTE at anything under half a cent is similar to getting them for free, considering the tremendous potential of this stock.
I am long with a full position and intend to stay that way.
How does a company consummate a verbal agreement at the same time definitive agreements are being drawn up between the same two companies?
"This transaction is expected to be finalized in writing, shortly. Mr. Perkowski will return to China next Thursday, January 7, 2016."
My take on this is that Mr. P brought the papers to be signed by GC and the details are being discussed by phone with China. GC will sign the contract, Mr. P will deliver it to China for them to sign on or about Jan 7th 2016.
Other "opportunities" supposedly in progress include an agreement to arrange 100 gen sets to be manufactured and delivered to Coates for "finishing" to be shipped to customers.
Following that were still additional forward looking statements about "future sales, cash flow and profits once we start shipping the units."
All the above are the customary forward looking statements that we have come to expect from GC. The best we can gather from all this is that, according to GC, things are happening... just not finalized yet.
No failures have been mentioned. Then again, test results have not been revealed either. Yet, all in all, this series of events sounds encouraging to me. Call me a cool aid drinker if you like. But, IMO, buying COTE at anything under half a cent is similar to getting them for free, considering the tremendous potential of this stock.
I am long with a full position and intend to stay that way.
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