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  4. Coates International (COTE) Message Board

Maybe I've become numb to it but when I read the 1

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Post# of 3605
Posted On: 11/11/2016 9:55:52 AM
Posted By: DV303
Re: kidmarco #1560
Maybe I've become numb to it but when I read the 10-Q I felt like it was nearly a carbon copy of previous versions. I too have been trying to wrap my brain around the numbers, wanting badly to understand potential for earnings. Without knowing the cost of goods sold v profit margins I think you're asking for an answer to a question that no one but the inner circle has answers to. With to history of sales and earnings I believe it is impossible for anyone outside of HQ to answer you.
One valuable piece of information that GC could release in a PR that would give us some clarity and inspire new money is projected revenues. These 100MM licensing deals make it seem like sales will be in the 10's of millions a year on the low end. Naturally since the deals have never come to fruition we are all sitting in the dark.


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