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  4. Coates International (COTE) Message Board

Folks, I call it like I hear and see it. Nothing h

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Post# of 3605
Posted On: 01/28/2016 11:25:40 AM
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Posted By: grubstake
Folks, I call it like I hear and see it. Nothing has changed since the 2/14 PR which stated:

"Some of the parts we are procuring from US manufacturers/suppliers are currently two months behind schedule; a disappointment considering that we strive to procure from US sources."

This is still the status according to the latest information I have. Delivery to take place as soon as a few remaining small parts arrive from the supplier.

The ambiguous wording used in his 2/15 PR stating "We expect to be able to effect delivery this month" indicates to me that at that time GC was not sure the parts would arrive in time for January delivery. Stockholders have to read between the lines and not be to wishful or anxious. I'm talking to my self as well.

No word as to when the parts will arrive. If you can trust George, shipments will happen. I hope all of you send GC a note as I did and ask him if everything is OK.

Can't wait to see if GC is man enough to announce the delay in a PR.


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