It would not surprise me if the new China company has some kind of contingency agreement with Coates in the beginning. They will have to see a proven product before they will produce it for sale to their customers. This will take some time but at least whatever agreement GC has with them is now on the move. This could be highly positive for the SP in the near future.
Go Coates! I am fully in and will stay in to see how this plays out. Don't see why anyone would want to sell under current conditions.