|
| |
Genesis-Scientific Claims Trillion Dollar Licensing Interest for
Not-Yet-Launched Products
Says they have secured nearly 1 trillion in licenses, with a near 2
trillion yet to secure in backlog. Red flags persist as to whether this is
a bona fide company with legitimate product.
Opinion
by Sterling
D. Allan
Pure Energy Systems News
The following statement was posted to the Genesis-Scientific (formerly Genesis
World Energy) website on March 25, 2005.
quoting from:
http://www.genesis-scientific.org/gen_progress.htm
| Our
Current Licensing And Backlog Status |
To date, Genesis Scientific has completed processing
approximately 6% of its qualified license applications into
licenses. Additional licenses will be issued to existing and
new qualified applicants as Genesis' production capabilities
come online. Genesis Scientific's contractually obligated
backlog of orders is substantial (not including pre-order
interest). The following table provides an overview of the
value of Genesis Scientific's currently issued licenses and
backlog:
|
Current
Minimum Value Of Licenses
Issued To Date
|
$717,987,984,457
US
|
Current
Gross Market Value of
Contractual Backlog |
$1,894,643,587,220
US
|
Note: This information was added and the above figures
are current as of 3/25/05. |
|
|
What is not stated is how much of that first amount
has already exchanged hands. Nor is there any method for verifying these
numbers.
In the world of alternative energy, promises of money
fly around at breathtaking speed, but rarely materialize into hard cash.
The means of confirming the solvency of these alleged license amounts is not
addressed.
 In
January 2005, Genesis published data from the performance of one of their
systems, allegedly from an independent test. PES Network Inc. posted a rebuttal
from several scientists who itemized reasons to be dubious about the data,
pointing out how its presentation bespeaks something prepared by a
non-professional. "Watts" was used incorrectly, as were gas
volume references and significant digits.
The Genesis presentation of this material has gone unchanged to this day.
For a company with so many resources and scientists allegedly at its disposal,
such such fuzziness of technical information and inconsistency should raise a
red flag for any persons or parties contemplating involvement with the company.
No company mailing address, phone number, or email
address is given on the Genesis website.
"Eschew Obfuscation" is a motto that might
come in handy in this case.
The comeback by those who defend Genesis is that there is so much at stake in
terms of the balance of power on the planet. Such secrecy and security is
warranted.
A response to this rejoinder might be that if Genesis is seeking to keep things
"under the radar" from the powers that be, why would they post such
grandiose figures on their site which if true would put them on a par with the
major power brokers on the planet. Yet they fail to post any kind of contact
information on their site -- as if "the big guys" don't have means to
track them down and shut them down if they wanted to?
It seems at this point that the only people Genesis is probably trying to
hide from is the many people it is bilking out of hard earned monies and time,
who think they are on the brink of finding the Holy Grail of inexhaustible,
clean energy. If only they really were legitimate.
# # #
Thanks to Mary-Sue
Haliburton for editorial assistance.
Subsequent Developments
- Genesis
Website Updated - They state that all
the world's resources combined would not be sufficient to cover their
production needs. (ZPEnergy; July 7,
2005)
[Wait. If you think about it, does not this compute to the
ultimate admission of an unworkable technology?]
See also
Page composed by Sterling
D. Allan March 29, 2005
Last updated July 16, 2005
| |
|
Feed