The latest PR is dated today, 8/26/16.
George is pumped up by this. He made a great decision not to accept China's first offer requesting worldwide licensing on a broad product scale. Either he walked away from that deal after reading Trump's "The Art of The Deal" or he is following some very good advise. China needs those gen sets very badly, and George knows it. There is no mention of any other product on the negotiation table in this latest round of negotiations. So, it appears that whatever deal China and George agree to will mainly involve the production of natural gas generator sets. Maybe some smaller engines as well.
When production starts in China, that will open the door for a possible contract with a company like Cummins to produce domestic, auto and other high performance engines. It is publicly known that representatives from Cummins have met with George several times. There must be a reason for that. This may sound far fetched to some but I think it is only a matter of time before Coates and Cummins tie the knot.
At this time I have more confidence in George than ever before and that confidence has come from him. O.M.O., when this SP reaches a dollar, you will wish you had bought at $0.50. I have used only risk capital that I could afford to loose and am not advising anyone to either buy or sell this stock.
Good luck to all in the coming weeks.
George is pumped up by this. He made a great decision not to accept China's first offer requesting worldwide licensing on a broad product scale. Either he walked away from that deal after reading Trump's "The Art of The Deal" or he is following some very good advise. China needs those gen sets very badly, and George knows it. There is no mention of any other product on the negotiation table in this latest round of negotiations. So, it appears that whatever deal China and George agree to will mainly involve the production of natural gas generator sets. Maybe some smaller engines as well.
When production starts in China, that will open the door for a possible contract with a company like Cummins to produce domestic, auto and other high performance engines. It is publicly known that representatives from Cummins have met with George several times. There must be a reason for that. This may sound far fetched to some but I think it is only a matter of time before Coates and Cummins tie the knot.
At this time I have more confidence in George than ever before and that confidence has come from him. O.M.O., when this SP reaches a dollar, you will wish you had bought at $0.50. I have used only risk capital that I could afford to loose and am not advising anyone to either buy or sell this stock.
Good luck to all in the coming weeks.
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