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SHT visits SRI; "This could be the biggest discovery in the history of mankind"
Solar Hydrogen Trends recently attended an investment conference at
Stanford Research Institute, during which they were able to spend several hours
with Michael McKubre, who, until he sees a convincing demo for himself, is not
ready to give a public statement, but is encouraged.
Pure Energy Systems News
The following report comes from Hakop Aganyan (Jack) of Solar
Hydrogen Trends, Inc (SHT) in Pasadena, California, with headquarters in
Menlo Park, California, USA.
Over the last week important events took place in the life of SHT, which I hope will be of interest to you and your readers. On August 5, a delegation from Solar Hydrogen Trends participated in the very highly regarded Green Tech Investing conference at SRI (Menlo Park, CA) with names such as Shell VC, Siemens VC, GM VC and etc.
I present to you the thesis of my report, specifically made for this conference.
|As you all know there are 3 parameters in business that you are all familiar
[with] and you meet daily in your business practice.
# 1. Conflict of interest;
# 2. Investment risks;
# 3. Mismatches of supply and demand;
Typically, such events occur one at a time. Our company Solar Hydrogen Trends is faced with all three simultaneously. I'll start with supply and demand. Solar Hydrogen Trends scientists and engineers created a unique hydrogen reactor called "Symphony 7", capable of producing hundreds of thousands of gallons of hydrogen per hour.
Serial production of our hydrogen reactors will not only meet all the hydrogen demand in the U.S., but will also make our country a major exporter of hydrogen in the world. [STERLING'S COMMENT: "export" becomes moot when on-site production makes so much more sense by licensing the technology worldwide.] Despite the fact that investment in hydrogen production will allow complete dominance in all energy segments, which is about $8 trillion
[USD]. I would like to inform you that big US investors are beginning to notice us, but the recognition process is a bit slow.
According to specialists, it is a consequence of excessive investment risks. We understand the investor's position. Solar Hydrogen Trends is a young company, not well known, and whatever she claims causes doubt or uncertainty. My guess is because Solar Hydrogen's scientific team mainly consists of scientists from Russia,
and thus is not very favorable to the image of the company, despite the fact that people who immigrated to the United States are the best of the best, as evidenced by numerous awards and grants including the Nobel prize received by Russian-American scientists over the past 5 years.
Our company does everything to minimize investment risks. Our control tests are performed by the best American companies that are rated and trusted, in the U.S. and worldwide. We are open, transparent, we allow investors to conduct their own control tests. We believe all doubts will be over soon, and we will finally have American investors to be interested in our technology, as it is already happening with
the Chinese, Indians and Europeans.
A few words about the conflict of interest. It's no secret that a significant part of the largest investors in our country have stakes in oil and energy business. Therefore, their participation in hydrogen business can lead to conflicts of interest. In reality, it's vice versa. It is the Petrochemical and energy companies that urgently need to go into the hydrogen business and become leaders in it. The wheel of history cannot be turned
back; the Hydrogen Era is here to stay. It is a reality of today and it is not possible to cancel, ignore or suppress it.
Everyone will benefit from this, including those who think their own business will become unprofitable. Ladies and gentlemen, have the courage, please open your minds, mobilize resources, and you will be victorious.
As part of the conference, there were many useful meetings with investors. Because, as you know, no investor will invest a penny in a project if
they're not confident in the success of the project.
In one of the meetings, Michael McKubre was invited as an expert.
From left to right: Michael Aganyan of SHT; Fran Tanzella,
PhD of SRI; Jack of SHT; Michael McKubre, PhD of SRI; Prof. Konstantin
Balakiryan of SHT. Cropped out is a potential investor, well-known
in LENR circles.
There is no need to remind you who Michael McKubre is. As a scientist, he is one of the most authoritative experts in the world. At the beginning of the meeting, Dr. McKubre, with his whole appearance, showed skepticism in all this.
However, by submitting our documents including [three third-party] test results of "Symphony 7A", convincing evidence and theoretical underpinnings of physical and chemical processes made by our top scientist Prof. Konstantin
Balakiryan, who was present, persuaded him to recognize the validity of the agreeable facts.
Nevertheless, Dr. McKubre rightly noted that the submissions did not disclose to him the full picture and composition of the gaseous mixture on the exit. That is, he does not question the figure of 97.5% hydrogen content but rather it would be interesting for him to know of the presence and origins of other hydrogen isotopes in the gas.
Theoretically and practically, such studies could be carried out, but this will require additional time and effort. Besides that, our potential investors absolutely do not care, and like our lawyers, they believe that such isotopic fingerprinting can wait.
ADDITIONAL COMMENTS BY STERLING D. ALLAN
The above report downplays the significance of what took place, from what I can gather.
After reviewing the data and the theory for about 3.5 hours, Mike McKubre preliminarily stated, "This could be the
the biggest discovery in the history of mankind". Bear in mind that this is
contingent on if they truly have what they claim to have. See his remarks
McKubre also cautioned the SHT crew, saying: "You guys need to be very careful."
Already, they have contingency plans in place, with 12 sealed envelops containing a full set of instructions sequestered around the globe, with instructions of how to proceed in the event that something should happen to Konstanin, the primary inventor and/or Jack, who has also contributed substantially to the invention. I don't know if one of their contingencies is instruction to open source the plans under certain circumstances, but that certainly would be a good way to stop the thugs from thinking they can suppress them by whacking them.
McKubre was glad to hear they have international patents and not just U.S. patents, which
could otherwise be subjected to U.S. National Security gag order. "You did the right thing." Also, as long as at least one of the team is a foreign citizen, it limits what the U.S. government can do.
Regarding possible testing at SRI, McKubre noted that at their facility in Menlo
Park, they presently do not have the capability to handle the hydrogen flow rates that SHT is producing. They would need a scaled down version, reducing it by 10-15 times. At SHT's present output rate, there's a facility in Washington D.C., with a 30-40 foot dome roof, capable of handling that much hydrogen production for
SHT would like to be able to build a 10,000 ft2 facility with a 1000 ft2 space for testing the reactors, with reinforced concrete walls. Jack checked with 10 different rentals in the LA area, but none of them were interested in renting, saying that after they did the modifications needed, no one would want to rent thereafter; or it would be unreasonably expensive to restore the building to the way it had been.
Within 2-3 months, Konstantin would like to connect their Symphony 7 to a generator or fuel cell.
In financial matters, Jack mentioned that they have more people willing to come up with 2-4
million dollars. He thinks maybe a syndication would be an option for investors.
Here is an email I received today from McKubre:
|From: Michael Mc Kubre
To: Sterling Allan
Sent: Tuesday, August 12, 2014 8:55 AM [MDT]
Sorry I missed your previous request (below) but must decline the interview request. Until I see the machine in operation and have a chance to run at least zeroth level checks, there is very little I can or should contribute publicly. I liked the guys. They seem honest and knowledgeable but acknowledge that they are concealing elements of the chemical reactions that occur inside the box. This is their right, and obviously if the third party tests are valid (as they seem to be) then something is happening well beyond chemistry. But I do not want to give the impression of selling a pig in a poke - especially a poke (box) I have not seen and watched operate.
As a clarification to your story SRI does have the capability of handling their hydrogen production at present rates but not at our Menlo Park (urban) facility. What they propose seems far more sensible at this point. Run a downscaled (or throttled) unit into a fuel cell and quantify the electricity out. This would immediately demonstrate practicality. Hydrogen is a bit like Excess Heat hard to see, hard to store, and in the case of
H2, potentially hazardous.
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