Mr. Jack Perkowski, a Director of Coates International, Ltd., provides insight into the economy and stock market in China.
THE $100,000,000.00 USD LICENSE AND MANUFACTURING DEAL WITH RENOWN POWER INC. HONG KONG AND COATES POWER INC., LTD. IS ON. COATES INTERNATIONAL, LTD. EXECUTIVES RETURNED FROM THEIR HIGHLY SUCCESSFUL THREE WEEK VISIT TO CHINA.
CUMMINS POWER SYSTEMS, LLC DELIVERED A 250KW INDUSTRIAL NATURAL GAS ELECTRIC POWER GENERATOR SET TO COATES INTERNATIONAL, LTD. HEADQUARTERS/PLANT YESTERDAY, NOVEMBER 10, 2015 – THIS GEN SET WILL BE RETROFITTED WITH THE COATES PATENTED CSRV SYSTEM
Wall Township, NJ – (Marketwired – November 11, 2015) Coates International, Ltd. (OTC PINK: COTE) (the “Company”) received delivery of an industrial 250KW natural gas electric power generator set from Cummins Power Systems, LLC on November 10, 2015. Work will begin immediately on retrofitting this generator set with the Coates patented CSRV system and the Coates patented fuel management system.
Company President and CEO, Mr. George J. Coates, comments: “Work has already commenced to adapt the Coates CSRV system to this Cummins emergency stand-by gen set. When it is connected to the Coates system, it will have dual-fuel and prime time continuous operation. The Coates CSRV system is the most advanced system in the world. The Company is considering filming the progress of this project and posting it on our website. We believe it will be of interest for our customers. Also, the Company has already received the 50KW gen set and expects to receive a 35KW gen set soon.”
There can be no assurance that the Company will be successful in any of its endeavors. Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.