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Genesis Scientific updated License details
Posted on Thursday, May 19, 2005 @ 12:04:58 GMT by rob

Devices Anonymous writes: Genesis has updated their site with detailed info on the different licenses and the process behind them...It just seems to expand on info they have already mentioned in the past.


http://www.genesis-scientific.org/licensing/index.htm


 
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"Genesis Scientific updated License details" | Login/Create an Account | 4 comments | Search Discussion
The comments are owned by the poster. We aren't responsible for their content.

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Re: Genesis Scientific updated License details (Score: 1)
by malc on Friday, May 20, 2005 @ 01:17:48 GMT
(User Info | Send a Message) http://web.ukonline.co.uk/mripley
Now I was quite willing to give Genesis a chance, given the need for secrecy and obvious problems with the holier than thou exceptionally narrow minded physics community. However the information on that website proves its a joke. 158Million dollars for an upfront licence fee. Then at least 46million per month for a 12 month run. So assuming that the production run is 12 months only then the manufacturer will have to recoup 688million dollars plus tooling costs plus marketing costs plus labour costs etc just to break even. Probably about a Billion dollars just to break even.

Not a hope in hell for a new product that is untested and untried in the market place, no matter how good it is.

No sane person would ever put up front a Billion in the hope that a new product sells (except governments and nuclear fusion duh!). Even if it did sell where is the cash flow coming from since there will be a lag between paying for licences, product costs etc and receiveing money from sales.

This is clearly a joke site intended to provoke discussion amongst the alternate energy community to see who is gullable.



Re: Genesis Scientific updated License details (Score: 1)
by pulsed_ignition on Friday, May 20, 2005 @ 23:26:26 GMT
(User Info | Send a Message) http://diamondlube.com
What happened to the "TEAM" that was supposed to verify that this thing really worked, or was the need for cheap advertising simply greater?

What is the patent number?

Chris



Re: Genesis Scientific updated License details (Score: 1)
by mlmitton on Saturday, May 21, 2005 @ 12:57:35 GMT
(User Info | Send a Message)
I think it's obvious this is a scam.

That said....if the device worked as claimed, they would essentially be able to capture the entire energy market. The current U.S. economy is in the neigborhood of $12 trillion, and I think roughly 10% of that goes to energy. So the energy market in the U.S. alone is $1.2 trillion. They would be a monopoly, so they would have no incentive to particularly undercut in price, so they'd be looking at $1 trillion annually in revenues. That's the context in which Genesis is putting forward these super-high numbers.

Still, it's a scam.



Re: Genesis Scientific updated License details (Score: 1)
by sparks35 on Sunday, May 22, 2005 @ 02:43:34 GMT
(User Info | Send a Message)
It's really amazing to me that this GWE/Genesis-Scientific thing can seemingly be moving forward,
and still have such a complete "LOCKDOWN" on information that can be gathered from this internet. Their Website is awesome. Very Well put together. It's professional!!! Excepting for the TEST DATA, which, I understand is a CROCK-O-CRAP.
If the whole thing is a SCAM, then, who are they SCAMMING...ENTIRE COUNTRIES???...Do they expect to SCAM a few million $$$s and then run and hide??? Without any Legal ramifications??
Why has no one broken rank, and exposed them??

John Lichtenstein's last update was in 2003

I registered... "Register To Be Notified When Our Products Are Available In Your Area"

http://www.genesis-scientific.org/preorder_info.htm

and received a prompt email responce from them, not asking for money.

I DON"T KNOW....I hope they are true....but....until more info surfaces....I am spending my $$ eleswhere.... just spent $500 of my hard earned bucks on a Air-X Wind Machine...to be installed in the Great Big-Sky State of Montana.



 

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