Coates International, Ltd. Stockholders Update

Rhea-AI Summary

Coates International, Ltd. (COTE) announces completion of R&D for patented green technology products, including hydrogen-powered generators and multi-fuel management systems. The company plans to list its shares on the exchange this year after investing over $40 million in research and development.

Coates International, Ltd. is planning to list its shares on the exchange this year

Wall Township, NJ, Jan. 03, 2024 (GLOBE NEWSWIRE) -- The company is pleased to announce that it has completed its R&D design and manufacturing the following products:

• The patented CSRV green industrial electric power generators that operate on hydrogen (H₂) and diesel or hydrogen and natural gas. Orders have been received for these products
• The patented multi-fuel sequential management system for hydrogen, natural gas, propane, and all other engine fuels
• The Coates Hydrogen (H₂) Reactor and all its green technologies is in the patent process. This reactor system produces gaseous hydrogen (H2) from ordinary water or sea water and uses only 1% of the energy produced by the electric power generator.
• The Coates Magnetized Charcoal Ambient Air Cleaning System that attaches to the radiators in vehicles is in the patenting process
• The Coates Internal Turbine Windvane is in the patenting process
• And our industrial diesel and gaseous hydrogen (H₂) electric power generator-sets

Our company was in R&D for many years and invested over $40 million dollars in research and development in the design of these new green technology products. The company is now planning production operations.

Coates International, Ltd. President and CEO George J. Coates, EE ME commented, “Company management and I are very pleased with the company’s progress and success with all our green products. People always comment on public articles. For answers to any questions, go to www.georgejcoates.com, go to stories, and find available information. Or go to the company website www.coatesengine.com.” Please call our office with any questions (732) 449-7717.

Coates International, Ltd. is contemplating a private offering. For more information, please contact the company directly.

FAQ

What products has Coates International, Ltd. (COTE) completed R&D for?

The company has completed R&D for patented CSRV green industrial electric power generators, multi-fuel sequential management system, Coates Hydrogen (H2) Reactor, Magnetized Charcoal Ambient Air Cleaning System, Internal Turbine Windvane, and industrial diesel and gaseous hydrogen (H2) electric power generator-sets.

What is the company's investment in research and development?

Coates International, Ltd. (COTE) has invested over $40 million in the design of new green technology products.

Who is the President and CEO of Coates International, Ltd. (COTE)?

The President and CEO of Coates International, Ltd. (COTE) is George J. Coates, EE ME.

What is the company's plan regarding share listing?

Coates International, Ltd. (COTE) plans to list its shares on the exchange this year.

Is Coates International, Ltd. (COTE) contemplating a private offering?

Yes, the company is contemplating a private offering. For more information, please contact the company directly.