Walt, I am thinking it will show up but I have to
Post# of 3605
Posted On: 12/17/2016 11:55:12 AM
Walt, I am thinking it will show up but I have to give it like a 75-80% chance and that is only due to past history and the unknowns surrounding Secure llc.
Those new pictures on the Coates site look pretty decent- I am researching some of those companies and that locale in MX right now.
Here is how apparantly this deal will work:
1- Secure LLC gets orders from one of their clients , Proton, Core, Hoffer etc
2-Secure receives deposit from them
3-Secure calls GC and orders engines and gives 50% deposit
4-GC gets parts needed from Secure and orders engine blocks from Cummins
5-GC gets Wall Twp location ramped up quickly for this initial production.
6-Coates produces engines.
7-If development goes smoothly - GC will look for addtional larger production facilites
8-GC will also be trying to obtain large financing needed for such facilities and larger scale production as disclosed in their 5 year plan
9-This is where the large massive growth can happen quickly: Successful delivery, new facilites, new deals, large financing- we are golden. It will just be a question of how much golden? could be the "living comfortable" kind or it could even be "life changing" golden.
10-And this all starts with the payment of $1 Million. No payment equals pipe dream and hopeful ambitions: "Lets just sign the deal now and hope I can secure the money and deals needed to place the orders in due time"
Now the reasons for my unsureness are threefold:
1-Secure LLC is a very unknown quanitity and Daniel seems very much like GC with huge aspirations (not a bad thing) and seems to want to take over the hydro market and unleash its potential upon the world. But he is a start up too, So -you know how that goes.
2- Remember Well to Wire. We had to wait years to get dribbles of their license fee when it was initially always promised to arrive "soon". This later became Almont Energy.
3- Engine working as promised. This is the big one. We all now the history behind this. IF the engines get deveolped in masse and work as promised- it will be life changing. If not ,then you may get a quick pop(after production and before delivery) and maybe might want to take some off the table- before we find out the outcome of this.
this is all IMO of course but I think based on my long long long expereince here, it should/could be fairly close to this.
As far as the current share price- There is still dilution that needs to be done.
We need to weed through this and with payment , GC can extinguish any remaining debt and not need future toxic financing. The share price will go up slowly at first but when it becomes apparant the 1 mill is paid then we will get a pop into double zeros. Probably over .0025 . Once the inital order is made with the 30 mill depsoit that is when we will get up and over a penny.
GC will need to ramp up fast. and he will release PR's quick. Once everyone sees that its not the "GC who cried wolf and that this is bonafide"- the share price will react significantly AND move into the penny catagory.
IF he ramps up , gets the production going AND secures any of the other asian deals with payment AND financing - we will be up around and possibly over a dime.
Once the quarterlies reflect this - which could happen by 3rd qtr 2017 - then its off to the races.....and the NASDAQ within 2-3 years.
so there it is.
That is the potential. Lets cross our fingers that its not some plan to extract and sell more shares.
Those new pictures on the Coates site look pretty decent- I am researching some of those companies and that locale in MX right now.
Here is how apparantly this deal will work:
1- Secure LLC gets orders from one of their clients , Proton, Core, Hoffer etc
2-Secure receives deposit from them
3-Secure calls GC and orders engines and gives 50% deposit
4-GC gets parts needed from Secure and orders engine blocks from Cummins
5-GC gets Wall Twp location ramped up quickly for this initial production.
6-Coates produces engines.
7-If development goes smoothly - GC will look for addtional larger production facilites
8-GC will also be trying to obtain large financing needed for such facilities and larger scale production as disclosed in their 5 year plan
9-This is where the large massive growth can happen quickly: Successful delivery, new facilites, new deals, large financing- we are golden. It will just be a question of how much golden? could be the "living comfortable" kind or it could even be "life changing" golden.
10-And this all starts with the payment of $1 Million. No payment equals pipe dream and hopeful ambitions: "Lets just sign the deal now and hope I can secure the money and deals needed to place the orders in due time"
Now the reasons for my unsureness are threefold:
1-Secure LLC is a very unknown quanitity and Daniel seems very much like GC with huge aspirations (not a bad thing) and seems to want to take over the hydro market and unleash its potential upon the world. But he is a start up too, So -you know how that goes.
2- Remember Well to Wire. We had to wait years to get dribbles of their license fee when it was initially always promised to arrive "soon". This later became Almont Energy.
3- Engine working as promised. This is the big one. We all now the history behind this. IF the engines get deveolped in masse and work as promised- it will be life changing. If not ,then you may get a quick pop(after production and before delivery) and maybe might want to take some off the table- before we find out the outcome of this.
this is all IMO of course but I think based on my long long long expereince here, it should/could be fairly close to this.
As far as the current share price- There is still dilution that needs to be done.
We need to weed through this and with payment , GC can extinguish any remaining debt and not need future toxic financing. The share price will go up slowly at first but when it becomes apparant the 1 mill is paid then we will get a pop into double zeros. Probably over .0025 . Once the inital order is made with the 30 mill depsoit that is when we will get up and over a penny.
GC will need to ramp up fast. and he will release PR's quick. Once everyone sees that its not the "GC who cried wolf and that this is bonafide"- the share price will react significantly AND move into the penny catagory.
IF he ramps up , gets the production going AND secures any of the other asian deals with payment AND financing - we will be up around and possibly over a dime.
Once the quarterlies reflect this - which could happen by 3rd qtr 2017 - then its off to the races.....and the NASDAQ within 2-3 years.
so there it is.
That is the potential. Lets cross our fingers that its not some plan to extract and sell more shares.
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