Today was an exciting day for several reasons:
1- Form 8 filed showing license agreement is in writing-Real Deal!
2- 1 mill payable to Coates by EOM.
3- with 1 mill payment- GC will now not need to do future toxic debt to finance staying afloat. .
4- 30 mill due January to commence production
5- Obtaining bonafide large financing will be extremely viable.
6- No r/s - forget about it. Its toast.
7-GC can now buy out any exisiting /remaining toxic debt overhang
8-Once this remaining debt works through system- stock price will begin to move significantly.
9- With first order payment, company should be valued at 100 million plus(we are now at 2 mill)
10. At 100 million valuation we are at at over 3-4 cents easy- which is just a start.
11-When we get the first order deposit - other agreements will fall into place due to new financing, production start up and then some
12- Once we trade over 1 penny for a couple months we can get off the pink sheets and move back to the OTCQB (we already have the audited financials) and begin our eyes on a big board.
This is actually the best news we have gotten in over a year. I am Hoping that Secure LLC comes through in flying colors - That is the catch 22 . They are a small company. We arent sure how broad their wings are. Lets hope theere is more than meets the eye.
I know many of us have been on the edge of frustration with COTE(as seen by the replies/emails and PM's between us) but maybe we are closer to the Dream becoming reality than we might have realized.
Could GC be Santa? maybe not , but you never know.....
1- Form 8 filed showing license agreement is in writing-Real Deal!
2- 1 mill payable to Coates by EOM.
3- with 1 mill payment- GC will now not need to do future toxic debt to finance staying afloat. .
4- 30 mill due January to commence production
5- Obtaining bonafide large financing will be extremely viable.
6- No r/s - forget about it. Its toast.
7-GC can now buy out any exisiting /remaining toxic debt overhang
8-Once this remaining debt works through system- stock price will begin to move significantly.
9- With first order payment, company should be valued at 100 million plus(we are now at 2 mill)
10. At 100 million valuation we are at at over 3-4 cents easy- which is just a start.
11-When we get the first order deposit - other agreements will fall into place due to new financing, production start up and then some
12- Once we trade over 1 penny for a couple months we can get off the pink sheets and move back to the OTCQB (we already have the audited financials) and begin our eyes on a big board.
This is actually the best news we have gotten in over a year. I am Hoping that Secure LLC comes through in flying colors - That is the catch 22 . They are a small company. We arent sure how broad their wings are. Lets hope theere is more than meets the eye.
I know many of us have been on the edge of frustration with COTE(as seen by the replies/emails and PM's between us) but maybe we are closer to the Dream becoming reality than we might have realized.
Could GC be Santa? maybe not , but you never know.....
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