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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
948426	Coates International Ltd	COTE	Engines & Turbines (3510)	222925432

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1160170	J. George Coates	1811 Murray Drive Wall Township NJ 07719	President And C Eo	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-05-30	12,749,162	$0.03	260,478,267	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,165,507	Indirect	By Self, as Trustee for The Coates Trus
Common Stock	1,956,960	Indirect	By Spouse

Footnotes

On May 30, 2014, pursuant to a board resolution, George J. Coates and the Company mutually agreed to convert $369,726 principal amount of 17% promissory notes due to Mr. Coates into shares of common stock of the Company at the closing price per share of $0.029 per share on May 30, 2014. Accrued interest on these notes was not converted and interest on this accrued interest will continue to accrue. These promissory notes arose from cash lent to the Corporation from Mr. Coates' personal funds. Accordingly, the Company issued 12,749,162 unregistered, restricted shares of its common stock to Mr. Coates. As a result, current liabilities were reduced by $369,726 and the stockholder's deficiency was reduced by the same amount.
This amended Form 4 is being filed due to a computational error in the resulting number of share owned by Mr. Coates after this transaction. The corrected number of shares is presented herein.