Last $0.02 USD
Change Today -0.0002 / -1.08%
Volume 251.0K
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As of 5:10 PM 11/28/14 All times are local (Market data is delayed by at least 15 minutes).

coates international ltd (COTE) Snapshot

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01/3/14 - $0.06
52 Week Low
11/24/14 - $0.01
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coates international ltd (COTE) Details

Coates International, Ltd. develops Coates spherical rotary valve (CSRV) system technology that is used in piston-driven internal combustion engines. Its CSRV system technology is designed to replace the intake and exhaust conventional poppet valves used in piston-driven stationary, automotive, motorcycle, and marine engines. The company’s CSRV system technology is used in various applications, such as engines for electric power generators for home use, industrial complexes, and grid installations; and engines to power motorcycles, automobiles, light trucks, heavy trucks, machinery, railroads, marine engines, military equipment, light aircraft, helicopters, lawn mowers, snowmobiles, jet skis, etc. It holds the exclusive licensing rights for the CSRV system technology in North America, Central America, and South America. The company was founded in 1988 and is based in Wall Township, New Jersey.

7 Employees
Last Reported Date: 08/29/14
Founded in 1988

coates international ltd (COTE) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $250.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: --
President of Technology Division and Director
Total Annual Compensation: $150.0K
Secretary and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

coates international ltd (COTE) Key Developments

Coates International Ltd. Selling Non-Exclusive License to Renown Power Development Ltd. for Distribution Rights Throughout the Western Hemisphere

Coates International Ltd. announced that Renown Power Development Ltd. is the company that is purchasing the License from Coates International Ltd. for USD 100,000,000.00 with non-exclusive rights to distribute CSRV Products throughout the Western Hemisphere and exclusive rights to manufacture the Coates CSRV Products in China and sub-license other companies in China only. License from the Coates family with distribution rights throughout the Eastern Hemisphere. The Coates family is acquiring exclusive rights to manufacture all CSRV Products in China and will have the rights to sublicense other companies in China to manufacture other engine applications. The Coates CSRV Green Engine Technology will reduce the production of harmful emissions and help reduce CO2 that causes global warning. The CSRV Engines operate on natural gas, propane, hydrogen and a blend of alternative fuels.

Coates International Ltd. Auditor Raises 'Going Concern' Doubt

Coates International Ltd. filed its 10-K on Mar 31, 2014 for the period ending Dec 31, 2013. In this report its auditor, Cowan, Gunteski & Co., P.A., gave an unqualified opinion expressing doubt that the company can continue as a going concern.

James Xiaoshi Pang to Become Coates International, Ltd.'s Board Member and Director of International Marketing and Sales

Coates International Ltd. announced that an Open House meeting will be held at the company's headquarters in NJ located at 2100 Highway 24, Wall Township, NJ 07719. Mr. James Xiaoshi Pang, the company's exclusive liaison agent to China is to become a company board member and director of international marketing and sales. Mr. Pang is versed in many languages and has a vast experience in business, marketing, and sales of products worldwide. He is accredited with Company's negotiations and deal in China.


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