SuperMag Update: SuperMag Engineers Prepare for Production
Date: Tuesday, February 20, 2007 @ 19:52:02 UTC
Topic: Devices
Hal Ade (modernsteam) writes: Hello, This is the latest I've found on the SuperMag magnetic motor situation: Feb
12, 2007:
SuperVision Entertainment Inc. Press Release
SuperVision says it's planning for production of a 10-Kw unit, but that they'll be having it thoroughly tested by an independent organization first. That's as it should be, to validate it as functioning as claimed, to protect the buying public and investors in the company, and to rightfully protect the company or its principals from wrongful prosecution for fraud which it did not commit.
Hal Ade
SuperVision Entertainment Inc.: (Ticker Symbol: SVET) SuperMag Update: SuperMag Engineers Prepare for Production
LOS ANGELES, CA -- (MARKET WIRE) -- February 12, 2007 -- SuperVision Entertainment Inc. (PINKSHEETS: SVET)
The company is pleased to announce that the SuperMag electric generator, which manipulates very powerful magnetic fields to produce clean efficient electricity and heat, is moving through the process of production planning.
The first model will be a 10Kw system that is quite capable of powering an average home, removing the homeowner's reliance on the utility company's provision of electricity and also removing reliance on fossil fuels for heat.
The first production model will be known as the "SuperMag MI5" and will be designed for the North American market. Rapidly following this will be the "SuperMag MI6" which is designed for the European market.
The SuperMag, which has generated worldwide interest over the last year, will undergo a period of independent testing and certification prior to its market introduction. However, it is anticipated that a major unveiling of the technology will occur in the not-too-distant future. This will be organized in Southern California to approximately 1000 interested scientists, engineers, investors and hedge funds. All those interested in attending this event are invited to contact the company as space will be limited.
SuperVision Entertainment is a company involved in hi-tech, entertainment product and acquisitions. It has major deals with approximately 50 video on demand companies through its VOD division. These companies include Google, Bit Torrent, Netflix and others.
Various web sites for the SuperMag, WPGL professional video gaming league and SuperVision are currently under construction. They should start to come on line around the end of March 2007.
Safe Harbor Statement:
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the Company's future, revenues and earnings, and all other forward-looking statements (i.e. future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and are factors that are subject to uncertainties, risks and other influences which are outside the Company's control and which may yield results differing materially and substantially from those anticipated. All information is subject to change, deletion or insertion.
For info please contact:
SuperVision Entertainment Inc.
Email: Email Contact
SOURCE: SuperVision Entertainment Inc.
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