1) January 4, 2017 marks the end of the 10 - 20 day period that was announced for Secure Supplies to pay the initial deposit of $1,000,000USD to Coates, after which
2) the ..."license has acknowledged its intent to fund a 50% deposit by the end of January 2017, amounting to $30,000,000USD for the first 60 One MW Generator Sets."
If #1 happens, I would say the odds are better than even that #2 will also. George really has his neck out on this one. I hope he is right. I am also curious to know what was behind all the form 4's last month. That set a record for form 4's in a single month.
It would be nice to see Secure Supplies acknowledge the agreement. To my knowledge, all they have done is confirm that they have a business relationship with Coates.
That is enough reason for me to stay long.
2) the ..."license has acknowledged its intent to fund a 50% deposit by the end of January 2017, amounting to $30,000,000USD for the first 60 One MW Generator Sets."
If #1 happens, I would say the odds are better than even that #2 will also. George really has his neck out on this one. I hope he is right. I am also curious to know what was behind all the form 4's last month. That set a record for form 4's in a single month.
It would be nice to see Secure Supplies acknowledge the agreement. To my knowledge, all they have done is confirm that they have a business relationship with Coates.
That is enough reason for me to stay long.
2
