CYPW - Cyclone Power Technologies (Bulls Board) Message Board

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Gold/Mining/Energy : CYPW - Cyclone Power Technologies (Bulls Board)

CYPW 0.0001000

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Jun 22 5:00 PM EST

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From: matt_the_nerd	2/3/2016 4:26:20 PM
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Update: In November, a press release announced progress toward mass production with two licensees. The first shipments are scheduled for Q2 2016. Also indicated, that no financials would be posted until production, and therefore revenue, had been arranged. At the end of December, it appears Cyclone stopped the most recent issuance of shares, resulting in the price climbing to its current range of .002 - .003 / share from the par value of .001 / share. Given the November press release, I do not expect any further information prior to final announcement of start of production in the April - June 2016 timeframe. The lack of recent financials creates a risk of delist. Again, given the background of the inventor, it looks like Mr. Schoell is head-down and putting everything toward production, which makes sense. If the resources necessary to reach production go toward paying an accountant, no production = no revenue. If conserving the accountant money results in enough resource to reach production, then the financials can always be accomplish in arrears with the proceeds.

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