Posted on 01/11/2007 5:58:32 AM PST by Neville72
Dublin, 11th January 2007: Steorn, the Irish technology development company, has today announced that its free energy technology will be made widely available to the development community immediately after the independent scientific validation process that is currently underway.
Under the terms of a modified general purpose licence and for a nominal fee, Steorn's intellectual property will be made available concurrently to all interested parties, from individual enthusiasts to larger research organisations. Steorn is taking this bold move to accelerate the deployment and acceptance of its technology for both humanitarian and commercial products.
Steorn's technology is based on the interaction of magnetic fields and allows the production of clean, free and constant energy. The technology can be applied to virtually all devices requiring energy, from cellular phones to cars.
Steorn placed an advertisement in The Economist in August 2006 to attract the attention of the world's leading scientists working in the field of experimental physics. It has now completed the selection of its jury of scientists who have embarked on the testing of the technology prior to publishing their results worldwide.
Sean McCarthy, CEO of Steorn, commented: "We have experienced enormous levels of interest in our free energy technology from the product development community.
"Experience tells us that opening up access to technology to all interested parties via the internet allows for rapid third party development. We believe that our technology can have a profound impact on people's lives and are confident that the delivery of our intellectual property via this type of online development and engineering support environment will lead to the rapid deployment of all kinds of different products."
Sign me up! I'm sick of paying out the wazoo for electricity for some "Public Utilities Company" to post Billion dollar profits over each quarter, while energy costs practically bankrupt me!
It is so gratifying to see that Science Fiction is still popular.
http://www.lutec.com.au/
They have them beat. Lutec has even created a site where you can invest.
An Iron Maiden song comes to mind...something about hills.
based on the interaction of magnetic fields
generator/alternator
Nobel material or Cold Fusion redux?
And here I thought it was going to based on the endless blabber and craic emanating from Irish pubs.
Actually cold-fusion actually works (run a Nexus Lexus search). Problem is that the output requires so much material and input that the costs far exceed the return on energy.
And all you have to do to make it work is plug it into the as wall socket.
At their website the page revealing their technology and test method is blank. I think that says it all.
Let's try it again....
And all you have to do to make it work is plug it into a wall socket.
I always botch the punch line.
So Einstein, what's Steorn's scam? They've refused all attempts at investment, they're paying for the activities of the 12 scientists on the validation jury themselves and they spent somewhere in the neighborhood of $90,000 on the Economist ad that kicked this whole thing off.
My question is sincere? Without retreating to the Overunity is impossible meme, give me one plausble scenario whereby a scam benefits Steorn in any way. Frankly, if it's a scam or they've merely made a mistake which they've missed in the three years of testing the technology, it won't matter. Either will be professionally fatal.
Every scam has it's behavioral clues and some foreseeable financial benefit to the scammer. I've been looking for one out of Steorn since August and find none.
Name a scam which refuses investors or any other input of money. Name a scam which spends $90,000 running ads.
Please help me out.
I don't believe it, but this isn't an investor scam if th guy is giving away all his secrets. I feel a need to follow this one.
I love the smell of snake-oil in the morning.
I saw this the other day on one of my energy websites I cruze thru looking for biodiesel news. I dismissed it as phoney baloney investment scam. I thought about posting then as a warning, but decided against it. You think its got merit?........
see #13.......posted to wrong person.....
oops! #15!......need more coffee..........
I need to read more on it. They aren't out scamming. wonder if the tech is there, but I doubt it. I'm not dismissing it, but don't buy it.
They may be impinging on a previous patent. I think Isaac Asimov invented this years ago.
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