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    MPI - Updated Executive Summary
    Posted on Wednesday, February 21, 2007 @ 20:39:47 GMT by vlad

    Investors MPI’s Mission

    MPI’s mission is to supply the world with clean, abundant, and inexpensive electricity.

    The company is developing technology it calls Magnetic Power ModulesTM. Based upon proprietary breakthrough discoveries in MPI’s labs, Magnetic Power Modules are being designed that operate continuously, without fuel, extracting electricity by converting abundant, renewable, Virtual Photon Flux (VPF), an energy source that exists everywhere in the universe. The process will create no pollution. The cost of electricity is estimated to be significantly less than any competing form of power generation today or in the foreseeable future.

    Magnetic Power Modules will be scaled to a wide range of applications. They appear suitable for the relatively small power needs of consumer devices up through the massive needs of power generation plants.

    Magnetic Power Modules Range of Applications


    Application/ Output
    Consumer devices - cell phones, laptop computers, etc./ A few watts
    Portable and emergency generators / 1kW (Kilowatt)
    Homes / 4 or more kW
    Modular units for distributed power generation (DG)/ 50 kW or more
    Vehicle propulsion / Up to 150 kW
    Aerospace industry and power plants/ 1 mW (Megawatt)

    Prototypes are currently being built in MPI laboratories. A proof-of-concept of one design was recently evaluated by a distinguished Electrical Engineer. He felt it was analogous to the early work on the transistor, which eventually led to a Nobel Prize and the creation of Silicon Valley. The first in a series of patent applications was published in July, 2006. During 2007, this newer design could yield a 1 kW self-sustaining generator perhaps 5”x5”x16” in size. A plug-in hybrid car may become a prototype powered by VPF for local driving, by the year end.

    The commercial potential of Magnetic Power Modules is huge, with applications throughout the roughly $2 trillion worldwide market for energy. The Company forecasts rapidly growing revenues and profits, with revenues beginning in 2007. Positive impacts on global social, economic, and environmental conditions are anticipated.

    As we establish the commercial viability of Magnetic Power Modules in proprietary labs operated by the Company, MPI will implement a global partnering, patenting and licensing strategy to catalyze worldwide adoption of the technology. This strategy maximizes chances of ongoing success by:

    1) generating early contract revenues and investment through key strategic alliances;
    2) protecting MPI’s proprietary technology with a formidable patent portfolio;
    3) building a foundation to support worldwide market adoption of MPI technology.

    Revenues from licenses of Magnetic Power Modules are conservatively projected to exceed $1 billion annually by 2011.

    2007: $25 million; 2008: $100 million; 2009: $300 million; 2010: $600 million, 2011: $1 b.
    If market conditions are right, the Company will consider an Initial Public Offering within three years, providing investors with an attractive exit strategy.

    Virtual Photon Flux -- A Brief Overview

    Conventional wisdom suggests we will be dependent on oil, gas, coal and nuclear power for the foreseeable future. Alternative energy sources are thought to be limited to solar, wind, fuel cells, biofuels, and other solutions with little chance of rapidly replacing oil, gas, coal and nuclear power. However, a far more vital family of energy conversion processes has begun to emerge, which we believe may be accurately described as Virtual Photon Flux (VPF) energy conversion. VPF holds the promise of cost competitive electric power and automotive propulsion. VPF extraction processes consume no fuel in the traditional sense and produce no pollution.

    Scientists have long been aware the earth is immersed in an extremely dense sea of energy that permeates every nook and cranny of the universe. For many years, only visionaries like Nikola Tesla recognized this huge reservoir could be a source of usable energy. Tesla, the genius who gave birth to alternating current, said in a talk to electrical engineers in 1891: "Ere many generations pass, our machinery will be driven by a power obtainable at any point in the universe. …Throughout space there is energy.” A growing number of scientists and engineers consider it possible to tap energy from space for practical use.

    MPI engineers have determined that our experiments, which extract energy from what we term Quantum Dynamos, lead directly to practical, cost-effective, technology. We have concluded that our generators are converting a limitless source often referred to as Zero Point Energy. When magnetic systems are employed, this is best described by the term, Virtual Photon Flux (VPF).

    MPI’s proprietary technology extracts VPF by utilizing the interaction of magnetic fields. This concept has long fascinated inventors. Nobel physicist Werner Heisenberg is quoted as stating: “We could utilize magnetism as an energy source”. The first successful example was built by Wesley Gary in 1874 and shown to Harvard and MIT professors. Hans Coler, a German inventor supported by the German Admiralty, demonstrated a working 6 Kilowatt, solid-state, magnetic "space energy receiver” in 1937. His work was destroyed by an Allied bomb during WWII. At the time, there was no comprehension as to the source of the energy. Coler wrote: “These fundamental researches…have made the first real and large breach in the citadel of present scientific belief.”

    VPF conversion devices have been prototyped in laboratories throughout the world. MPI has a team of outstanding engineers developing pre-commercial generators leading to the development of Demonstration Devices and toys as well as immediately practical designs. Prototype 100 Watt generators are anticipated in the first half of 2007. 1 kW Modules will follow and are a goal for the year end. Modules can be combined for greater power output, in a manner analogous to solar cells. A prototype hybrid automotive power system may be demonstrated late in 2007. Megawatt modules will follow with additional development.

    If MPI and others developing related technologies succeed, this heralds the beginning of a profound transition in the global economy and the quality of life on earth. Great numbers of new jobs will emerge. Energy independence is likely to be realized by all countries, large and small, rich and poor. Reversing the rising prices of gas and oil, as well as reducing air pollution -- and slowing what is becoming extremely dangerous global warming, is inherent in the achievement. MPI management believes this is likely to be a near-term event.

    A Brief History of MPI

    In recent decades, the search for clean, commercially viable sources of energy has been the goal of many inventors, scientists and visionaries, including MPI founder, CEO and Chairman, Mark Goldes.

    In 1984, a magnetic system that seemed promising came to his attention and MPI began that year. The firm was incorporated in 1987, to acquire and commercialize breakthrough technologies for electricity generation and distribution. MPI engineers and scientists have closely scrutinized many technologies and devices claiming such advances. From the hundreds examined in this rigorous process, only two have survived to become core MPI technologies: Magnetic Power Modules, described above, and superconducting polymers the Company calls UltraconductorsTM, a product being developed in an MPI subsidiary company called RTS (Room Temperature Superconductors, Inc.). As the emergence of commercially practical energy technology in the parent has ended the need for RTS to be a separate firm, it will become a Division of MPI later this year.

    Ultraconductors are the commercial equivalent of a room temperature superconductor. They result from more than twenty years of published, peer reviewed, scientific research, including fourteen years of development. Scientific American has said the development of such a superconductor would “surely initiate a second industrial revolution.” Potential markets are estimated in multiple billions of dollars.

    In 1995, MPI was awarded a Phase I, Small Business Innovation Research (SBIR) contract by the U.S. Air Force to identify early commercial applications of Ultraconductors. Following Ultraconductor tests by the USAF, a highly competitive Phase II SBIR contract was awarded to MPI. The two MPI contracts — and two additional SBIR awards which went to RTS – were completed by the RTS scientific team. Ultraconductors have now been independently reproduced and tested in the U.S. by Fractal Systems Inc., under a USAF contract.

    More information about RTS, along with a business plan in a password protected area, can be found on the website: www.ultraconductors.com MPI and RTS technologies are highly synergistic. Plans for the RTS subsidiary include a sale to a strategic partner, a larger firm, or perhaps even an IPO, within two to three years.

    Some Key MPI People

    Mark Goldes - Chairman and CEO – Founded the non-profit Aesop Institute and began full-time work to uncover alternatives to fossil and uranium fuels in 1973. Earlier served as Chairman and CEO of the Aesop Company, a specialized financial consulting firm, and later founded SunWind Ltd., a renewable energy company, as the first Institute commercial affiliate. MPI was the second commercial firm to be born as an Institute affiliate. Mr. Goldes is also Co-Founder, Chairman and CEO of Room Temperature Superconductors Inc., MPI’s subsidiary. Bio: http://www.zoominfo.com/Search/PersonDetail.aspx?PersonID=56175561

    Henry Waxman - President and Chief Operating Officer – Named Entrepreneur of the Year in 1991 by Ernst and Young, Mr. Waxman has spent the last 20+ years in entrepreneurial ventures with positive social and environmental impact. In 1995 he created his third company, MM Reserves, Ltd. (MMRL), a consulting firm focusing on startups, pre-revenue or turn-around situations. For more information see: http://www.zoominfo.com/Search/PersonDetail.aspx?PersonID=129098092

    Sue Engle - Corporate Secretary & Project Manager - After a decade of Backstage Management in music, film and television in her native Britain, Europe, and later N.Y. and L.A., Ms. Engle performed Project Management and Product Development with The Children's Group’s several major children's toy catalogs. In 1993, she began overseeing manufacturing in Asia, including development of products from early design stage to final shipment. She also inspected factories for compliance with decent worker and environmental practices and materials sourcing. In 1999, she established her own company, Marble Hill, focusing on product development and manufacturing in Asia, working with individuals and existing domestic companies.

    Dr. Kevin Shambrook – Scientific Consultant – Dr. Shambrook was previously a Senior Project Manager with Hughes Aircraft Co. and a Vice President at Doric Scientific Inc. His work experience spans 30 years and includes the management of diverse engineering and manufacturing projects, corporate planning, and new product introductions. Dr. Shambrook earned his Ph.D. at UCLA. For fourteen years he served as President, Chief Scientist, and co-founder of MPI’s subsidiary company, Room Temperature Superconductors Inc.

    Funding Status

    MPI and RTS together have raised a total of more than $8 million in capital provided by private Angel investors. Included was $4 million directly, and another $1 million indirectly, invested in our RTS subsidiary. A total of $600,000 was provided by the four completed U.S. government contracts related to Ultraconductors.

    E-Mail: magneticpower@gmail.com



     
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    "MPI - Updated Executive Summary" | Login/Create an Account | 20 comments | Search Discussion
    The comments are owned by the poster. We aren't responsible for their content.

    No Comments Allowed for Anonymous, please register

    Re: MPI - Updated Executive Summary (Score: 1)
    by sparks35 on Wednesday, February 21, 2007 @ 22:25:59 GMT
    (User Info | Send a Message)
    And I can buy one of these at Home Depot when?



    Re: MPI - Updated Executive Summary (Score: 1)
    by Sigma on Wednesday, February 21, 2007 @ 23:03:03 GMT
    (User Info | Send a Message)
    This year some time... just don't quote me.



    Re: MPI - Updated Executive Summary (Score: 1)
    by malc on Thursday, February 22, 2007 @ 00:38:25 GMT
    (User Info | Send a Message) http://web.ukonline.co.uk/mripley
    We know all about the MPI modules. We know that there are demo devices etc  etc etc. We know that a public device is imminent. After all this kind of claim has been posted many times before for quite a long time. We do not want yet another posting telling us the same thing. What we want is the ability to purchase one NOW or rather purchase one as soon as we read a posting that they are in production.  Anything less adds to the total skepticism about the claim.



    Re: MPI - Updated Executive Summary (Score: 1)
    by bender772 on Thursday, February 22, 2007 @ 03:52:13 GMT
    (User Info | Send a Message) http://www.suppressedscience.net
    I would like to know when we can buy demonstration devices. An update posted on August 16th, 2006 said "Next year, desktop Demonstration Devices will light a few LEDs and spin a small fan. They will serve to prove that these remarkable machines are real. " http://www.zpenergy.com/modules.php?name=News&file=article&sid=2010 I hope that these will be available soon, so we can buy them and show them to physics teachers and professors, journalists and politicians.



     

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