As you have already read... " The Company is wo
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" The Company is working in concert with Aqua Power, LLC, an energy resource development company and Dr. Patrick Hayes of WTF Asia International Ltd., a Hong Kong-based entity to bring the project to the commercialization stage. By reaching this milestone, Dr. Hayes is now in a position to complete the next phase of the technology by integrating the large hydrogen reactor with a technology that he has already developed to power larger commercial and industrial engines."
OK. It sounds as if this development holds future potential and the SP is up a little. Now, in addition to waiting for the delivery of small CSRV parts, we are also waiting for an upscale model of the hydrogen reactor from WTF Asia International Ltd. that may be years in coming.
This may actually be real progress. I do not wish to put a fly in the ointment, but could this also be a diversion from what everyone is really waiting for, production of the CSRV gen set.
Positive input from the experts on this blog and hints from George that parts are expected any day now are the only things keeping me positive. The production parts due to have arrived in November are still not in. That is supposedly the only thing holding up CSRV gen set production and there is zero transparency from Coates. This makes me wonder if the compression rings they are waiting for have ever been successfully developed. With today's manufacturing technology, they should have been produced long ago.
Can somebody help me with this?
Grubstake