Two talking points in the Feb 9 press release:
Post# of 3601
- The Cummins industrial electric power generator set retrofitting project with the Coates CSRV system is almost complete; we are simply waiting on delivery of certain small parts which are comprised of specialty materials
- Coates CSRV electric power generators are almost complete; only waiting on delivery of certain proprietary parts being manufactured
February 18th note from David Blackwood, supplier, United Ring and Seal Inc.:
"We are making these parts now and expect to have some completed at the end of next week or early the following week. Coates has kept us informed of the urgency of the situation but we have been affected by conditions outside of our control.* We originally promised to have them completed at the end of January and are doing everything we can to expedite the process."
*Installing new plant equipment.
Read this post two weeks from now and you may wonder why you didn't load up on COTE when the SP was low. After the next PR from Coates, you may never see .005 again.
Now is the time to get in before the PR that we have all been looking for is released.
Do your own DD and invest only what you can afford to loose. IMO, I see great potential at this time, more so than ever.
Stay long. DO NOT SELL.
GLTA, Grubstake