Overtone writes: As the Chairman & CEO of Magnetic Power Inc., a number
of individuals have written to me asking how they can help accelerate our
progress toward Demonstration Devices, and Magnetic Power Modules™, that can
power homes and cars. My 2005 end of
the year letter, mentioned that the firm suffers under a scarcity of working
capital. Very large, financial transactions are likely to end the problem, but they may take a bit longer to close than we had anticipated.
In the meantime, we
could sure use some immediate help. Accredited Angel investors (individuals with
a net worth of $1 million or more, etc.) are welcome to consider modest, unsecured,
loans to the Company. These can carry
Options allowing the purchase of
stock, up to the amount of the loan, at the current price, for three years.
To learn more about the Company, please see our
website: www.magneticpowerinc.com
We believe the moment is long overdue for a profound energy
revolution. Feel free to contact me if
you are a potential investor, and would like to have additional information.
If, back in 1876, more encouragement was given to Wesley
Gary, a Pennsylvania inventor, oil
might have remained a lubricant. Instead
of burning fossil fuel, the world’s vehicles and
power plants would probably run on inexpensive, renewable, magnetic power. An article describing Gary’s Magnetic Motor
appeared in an 1879 issue of Harper’s Magazine (see
the link in the Chronology on our website). Gary’s pioneering work could have triggered the development of
powerful magnets – cars, ships and aircraft might all be
powered by magnetic engines today had that happened. Decentralized small power plants would have
sprouted in individual homes, offices and factories. Such strong magnets now exist. Magnetic motors, and solid-state magnetic
generators, are under development in several private laboratories, around the world.
Hans Coler, a German inventor, supported during World War II
by Hitler's Navy, demonstrated a 6 kW solid-state, self-powered magnetic
generator in 1937. A British Intelligence Report originally
written in 1946, indicates the work was
genuine. The Report was declassified in 1979 and is readily available on the
internet (see the link in the Chronology on our
website).
An
electrical engineer with decades of experience in magnetic design, has been
working with MPI in the UK. He has recently completed a Paper that
discusses Coler. This document explains
how Coler’s earliest machine,
demonstrated in the 1920's, functioned.
It should interest any open minded scientist or engineer, and is
available upon request. The world is suffering from an ignorance crisis -- a
crisis resulting from scientific dogma.
Manufacturing plants anywhere can readily produce magnetic devices under license.
These will run our vehicles, and provide all of the power we need for
universal abundance.
Magnetic generators produce no pollution or heat. The huge quantities of heat, released by our
many sources of energy, now threaten human survival. Rapidly melting arctic
permafrost, will release
life smothering quantities of Methane, a greenhouse gas 20 times more potent than carbon
dioxide. According to one well informed
individual, worst case, in 15-25 years all human and mammalian life in the
arctic could start to be snuffed by
Methane “burps which will start a world altering chain
reaction no one can stop.” See
the Baltimore Sun OpEd "Ticking Time Bomb" article by John Atcheson, December 15th, 2004, for a geologists view of
this potential threat to all human life on the planet. Twice before in the history of the planet,
life was almost eliminated by Methane.
The need is for modest assistance.
The time is now. Please lend this
urgent work a hand while it still needs the help.
Mark Goldes
Chairman & CEO
magneticpower@gmail.com
© 2005-2006 Magnetic Power
Inc. All Rights Reserved.
