I agree with you DV303. We could be on the verg

I agree with you DV303.

We could be on the verge of something big, yet Coates needs to dilute the company to oblivion to get a measly 41k?

I mean he could of just called a friend to get that money or something.
it is a pittance.

There is so much money available from venture caps , funds, wealthy people out there that it would make your head spin.

Anyone with a good idea can basically get millions for anything. These guys are trying to find any return and they are willing to spend the bucks for ideas.

So obviously it begs the question:

If George needs to get a 41k loan and put his company on the path to a catastrophic R/S by borrowing insignificant sums of money then what do we really have here?

it is one of several things:

1- He just needs some cash to keep things going till the big deal drops
2- He doesnt really care about the shares, shareholders and stock price and these loans are just easy as he thinks he will pay them off anyway.
3- Maybe he cant get the real financing due to engine issues
4- He is just a tinkerer at heart and just wants to R&D and needs some money to keep operations going.


if he is on the verge of 9 to ten figure deals why aren't there any true funding companies out there for him?

While I remain positive for some reason, every time I see a new finance deal like this it knocks me down to below where I was before.

I am a realist. always was. I say it as I see it.
Until he gets real deals, real financing, real cash - We are just in for more of the same, Empty promises.