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  4. Coates International (COTE) Message Board

A long time has passed since he should have shippe

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Post# of 3605
Posted On: 03/16/2016 2:28:31 PM
Posted By: bbb2006
Re: grubstake #602
A long time has passed since he should have shipped something. It looks like dilution continues and I think next month (April) more conversion of stock, Going back to around Oct Nov or Dec of 2015 on the other board is where I think it was posted. Does that mean we will get another PR then and stock will be sold into it and the price fall again like it did after the last few pr's? George is not concerned about the stock price probably because it does not matter to him if the price falls...Doesn't he gift himself shares after every time the company dilutes and by doing that he can still hold the same large percentage of the company? Another thing isn't the conversion price 20% lower than the 3 lowest daily closing prices of the preceding month share price? What will the lowest three day price be this month .0022?

As of June 2015 PR made it look like that they were ready to ship....then a few weeks later PR stated no shipping yet because they had to test for a few hundred hours before shipping and again we longs waited. Latest PR they completed Feasibility study

Feasibility study...

http://www.investopedia.com/terms/f/feasibility-study.asp

Now we have news today on a truck being retrofitted with the CSRV
which looks good but is it, or just more testing? I don't really care what else it would work in...SELL SOMETHING!!!

What I want to see is something sold shipped and delivered.

Still long and not ever buying more. GL to all longs.

All in my opinion


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