Coates International, Ltd. (PC)
Ticker Symbol: USOTC:COTE
OTC Market Tier: Pink No Information
CIK Number: 0000948426
Security Type: Common Stock
COTE Address: Highway 34 & Ridgewood Road
Wall Township, New Jersey 07719
COTE Country: USA
COTE Phone: (732) 449-7717
COTE Fax #: (732) 449-7736
Description: Coates International, Ltd. ("we" or the "Company") has been developing over a period of more than 20 years a patented Coates Spherical Rotary Valve' ("CSRV") system technology which is adaptable for use in piston-driven internal combustion engines of many types. Independent testing of various engines in which we incorporated our CSRV system technology ("CSRV Engines") confirmed meaningful fuel savings when compared with internal combustion engines based on the conventional "poppet valve" assembly prevalent in most internal combustion engines throughout the world. In addition, our CSRV Engines produced only ultra-low levels of harmful emissions while in operation. Engines operating on the CSRV system technology can be powered by a wide selection of fuels. We believe that these three major advantages of the CSRV system technology constitute the first revolutionary technological advancement of the internal combustion engine suitable for large scale production since its introduction more than one hundred years ago. The CSRV system is designed to replace the intake and exhaust conventional "poppet valves" currently used in almost all piston-driven stationary, automotive, motorcycle, and marine engines. Unlike conventional valves which protrude into the engine combustion chamber, the Coates rotary valve system utilizes spherical valves that rotate in a cavity formed between a two-piece cylinder head. The Coates' rotary valve system uses approximately 1/10th the moving parts of conventional poppet valve assemblies. As a result of these design improvements, management believes that the engines incorporating the Coates' rotary valve system (Coates engines) will last significantly longer and will require less lubrication over the life of the engine, as compared to conventional engines. In addition, Coates' rotary valves can be designed with a larger opening into the engine cylinder than conventional valves so that more fuel and air can be inducted into and expelled from the cylinder in a shorter period of time. Larger valve openings permit higher revolutions-per-minute (RPM's) and permit higher compression ratios with lower combustion chamber temperatures, allowing the Coates engine to produce more power than equivalent conventional engines. The CSRV' engine is a highly thermal-efficient power unit. We have been granted an exclusive license to this technology from our founder, George J. Coates and his son, Gregory Coates (the "Coates License Agreement"), in the Territory defined to include North America, Central America and South America (the "Americas").
SIC Code / Description: 3510 / Engines & Turbines
Shares Authorized: 5,000,000,000
Shares Outstanding: 2,892,734,996
Shares Outstanding Date: 07/15/2019
Shares Holder Count: 676
Shares Holder Date: 02/28/2019
Market Capitalization: $ 289,273.50
Key Executives: Glenn Crocker - Dir.
Barry Kaye - Dir.
Gregory Coates - Dir.
Frank Adipietro - Dir.
Richard Whitworth - Dir.
George Coates - Chairman
Number of Employees: 5
Incorporation State: NV
Incorporation Country: USA
Incorporation Year: 2018
Auditor: MSPC Certified Accountants and Advisors, P.C.
Auditor Address: 340 North Avenue East
3rd Floor
Cranford, NJ 07016
United States
Auditor Website:
IR Firm: N/A
Legal Counsel: Lucosky Brookman LLP
Legal Counsel Address: 101 Wood Avenue South
101 Wood Avenue South
Woodbridge, NJ 08830
Legal Counsel Website:
Fiscal Year End: 12/31
Reporting Status: SEC Reporting
Bankrupt: No
Shell: No
Audit Status: Yes
ADR Ratio: N/A
Transfer Agent: American Stock Transfer & Trust Company
TA Address: 6201 15th Avenue
Brooklyn, NY 11219
Depository Website: N/A
SHO Flag: N/A
3210 Flag: N/A
Short Volume: 5,000
Short Date: 06/14/2019
Closing MMID: 7
BFCMmid: 1
Tier ID: 22
Status: Active

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Coates Int..
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