Climbing Technology - Analyst Report Issued by BrokerBank Securities, Inc.
NEW YORK, June 4, 2015 /PRNewswire/ -- The internal combustion engine has been in use for more than 100 years and is the most widely used engine in the world. Industry sources indicate that there are more than 120 million new combustion engines built in the world every year and that 40 million engines are rebuilt annually. Poppet valves are the most troublesome part of the internal combustion engine. The basic inefficiencies of the conventional poppet valve design result in engine inefficiency and decreases in engine life, thermal efficiency, fuel efficiency, engine power output and increased pollution. Coates Spherical Rotary Valve (CSRV) system technology significantly mitigates these problems. CSRV rotary valves are vented and charged on the opposite side of each valve sphere and rotate away from the combustion chamber, reducing combustion chamber constant temperature and allowing higher compression ratios that make the engine significantly more efficient and powerful.
Coates International, Ltd. (OTCBB: COTE) is a developer of Coates Spherical Rotary Valve (CSRV) system technology that is used in piston-driven internal combustion 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.
This week Coates International announced that that some of the company's existing orders have been updated and reconfirmed in 2015. Over the last week, shares of COTE have rallied from an opening price of $0.0016 on Monday to highs of $0.0143 with volume trending above average and bullish.
A brief analysis and recommendation can be viewed in its' entirety by opening the link below. There is no cost obligation required to view this report.
http://bit.ly/_COTE_AnalystReport
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This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this report have not been compensated in any form by profiled company. A full disclaimer can be found by viewing the full analyst report.
This document, article or report is written and authored by a 3rd party research analyst. However, we are only human and may make mistakes. If you notice any errors or omissions, please notify us below.
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
Related Links
http://www.brokerbanksecurities.com
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