ORLANDO, FLA, USA -- If GMC Holdings Corp (OTC Pink Sheets: GMCC)
accomplishes their objective, the world will begin seeing clean, no-fuel
motor-generators within six months.
GMC says their system could drastically reduce the world's reliance upon nuclear
and fossil fuels for the production of energy.
Like with solar or wind energy, because the energy source is essentially free,
GMS says the only costs involved are the amortization cost of the equipment,
installation, and maintenance. Unlike solar or wind energy, this energy
source is ever present and non-fluctuating. It is not
weather-dependant. If they have what they say they have.
Company spokesman, William Windsor, expects that the energy generation cost
could come in at less than one cent per kilowatt-hour, all costs
considered. This is nearly four times cheaper that the least expensive
conventional energy source now available, and it is clean. It may be a bit
premature to calculate that number, but Windsor said preliminary analysis looks
promising.
Independent Verification
GMC announced today the results of internal testing and independent verification
of the company's high-efficiency electromagnetic pulse motor-generator.
The system is based on the Company's proprietary technology, coined REMAT, an
acronym for Rare Earth Magnetic Amplification Technology.
The tests were conducted independently by Eugene P. Augustin, PE, of Technical
Systems Associates, Inc. in Orlando. Augustin taught AC/DC motor
technology at the University of San Diego for many years, and is the holder of
numerous patents. He is said to be one of the top scientists in the world
in the area of microwave technology. "An extreme academic", is
how William Windsor, a spokesman for GMC, described Augustin.
Augustin reported that the first test produced about 140% efficiency, measuring
input/output power ratio. In following tests, using a capacitor bank with a
resistive load, the observed efficiency was measured at 150%.
Augustin issued the following statement today:
"These observations were demonstrating a 'greater than unity
performance' device, which I thought that I would never see in my lifetime. In
my 50 years of professional experience that includes patents on several
inventions, teaching AC/DC machinery, including electric motors and
generators, numerous designs in the field of microwave radiation and
propagation and professional consulting in these fields, I believed that
'greater than unity devices' were an impossibility. I am now convinced that
REMAT devices need to be explored, researched and tested so that this unique
technology can be utilized for all the world."
How it Works
The REMAT system circuitry captures a significant amount of back EMF
(electromagnetic flux) that is produced during the motor's operation. By
harnessing this otherwise wasted energy, the captured EMF is reintroduced back
into the system, thereby providing sufficient power to operate the motor.
Not only does the REMAT system use its energy efficiently, but it actually
derives energy from somewhere -- energy that was not put into the system
by wires or hoses. As the name, "Rare Earth Magnetic
Amplification" suggests, GMC is apparently harnessing a
not-yet-fully-understood power of rare earth magnets, which does not result in a
diminishing of the magnet's strength beyond the natural, very slow loss of
magnet strength.
Scalability and Applicability
GMC says the REMAT system can be built to any size and output range, with
obvious applications wherever motors or generators are used, such as powering
individual homes, businesses, and vehicles, as well as contributing energy to
power the grids of the world.
The number of applications is therefore immense, ranging from powering water
pumps in remote regions, to refrigeration in trucking. Third world
countries will be able to afford energy more readily, enabling them to prosper.
Production Prototype
At
present, GMC says they are having two production models made by an Underwriter's
Laboratory (U.L.) production facility, meaning
the facility is U.L. certified to be able to place the U.L. imprimatur on
devices that meet their standards. These will be high-RPM units with
flywheels made of titanium.
One of these production models will be used to show investors. The other
will be shown live on a GMC website for public view.
Based on the performance of those production models, GMC will then proceed to
manufacture the device.
Windsor estimates that a unit will be available for civilian use in "less
than 180 days," affixed to another technology so as to not be too
disruptive.
"Disruptive" Technology
Though the applications are many, GMC plans to introduce the technology in a
non-disruptive manner so as to not "shock" the world with this sudden
boon. Otherwise, it could have an unsettling effect on stock markets as
well as geopolitics, for example. Another reason for a methodical
introduction would be to handle demand and build up production capacity. If GMC
released a standalone generator, the machines would be likely to sell much
faster than they could be manufactured, resulting in long delays and frustrated
customers.
To help accomplish this planned release, GMC says two liaisons from the U.S.
government have been assigned to help the company, and are working closely with
them in their planning and strategy, as well as in helping them establish
strategic business partners to bring their product to market.
Windsor says these liaisons have introduced GMC to a top 50 U.S. company, with
whom GMC is in process of establishing a join venture development company with
ownership being approximately 50:50.
At first, the device will not be released as a stand-alone motor-generator, but
will be released as a module attached to some other existing technology,
augmenting its value.
Applications Presently Being Forged
Windsor says GMC is in process of forging contracts with a number of companies
and governments to implement their REMAT system. A municipality in
California is discussing a contract.
An industrial air conditioning package and a vacuum installation are two other
contracts being discussed, according to Windsor.
Another GMC innovation will be to pioneer a DC plasma technology, instead of the
usual AC power source now in place. A large project entails a means by
which cities can rebuild their plasma facilities whereby they could then use the
millions of acres of high-sulfur coal, which presently cannot be sold in the
U.S., crush it, and run it through the revised plasma arc to make ethanol for 50
cents per gallon.
Windsor said GMC is looking to find the best electrolizer technology to pair
their REMAT system with whereby they could split water into oxygen and
hydrogen for use in the emerging hydrogen economy.
Another avenue being pursued is to piggy-back the REMAT with a rooftop wind
generator system enabling a low-wind (and even no-wind) generation capability.
Patents
GMC is in process of filing a number of patents: three on the motor, two on
the coils, and six on the electronic controls.
GMC Holdings Corporation Developments
The company has begun to expand its management team by selecting Mr. Bruce
McKenzie as President. His professional background includes an invention of
technologies currently used by all of the major satellite TV companies. Mr.
Richard Brace will continue as CEO. Mr. Dan York and Mr. Theodore Wojtowicz of
Dallas are joining the Advisory Board. Their years of experience in the emerging
alternative energy technology field will assist in the Company's R&D. The
Company's Advisory Board members have extensive experience in business, finance,
electrical engineering, and chemistry. The Company will utilize the diverse
talents of its unique team of members to bring its revolutionary REMAT system
into full production.
GMC has filed to move their pink-sheet OTC stock to the U.S. Stock Exchange, and
expect that to be approved within 45 days.
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