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Foundation and LLC launched to nurture new energy technologies
Posted on Saturday, December 16, 2006 @ 17:21:57 UTC by vlad
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 From PESN NEws: Brooks Agnew, Ph.D., has launched Phoenix Science Foundation to provide
funding for energy technology prototype development, and Advanced Scientific
Explorations LLC for funding and managing technologies to bring them to market.
KENTUCKY, USA -- On Dec. 16 from 3:00 to 3:55 pm Pacific time, Sterling Allan
will be conducting a live interview with
Dr. Brooks Agnew, a highly accomplished commercial scientist and engineer, as
well as visionary.
Agnew recently launched the Phoenix Science Foundation to help clean, efficient
energy and propulsion technology come to market by providing the two critical
tools of success: access to capital and experienced launch management
experience.
The Foundation, which is a non-profit (pending) organization, specializes in
providing funding and management expertise to promising ideas for which working
prototypes have not yet been built.
In addition to the Foundation, Agnew has also launched Advanced Scientific
Explorations LLC, a for-profit organization designed for technologies that are
further along, to bring them to market. Presently, Agnew has access to
around $100 million dollars for such projects, along with manufacturing
management expertise.
Agnew envisions the Foundation to serve as a perpetual incubator fund.
Inventions that are assisted by the fund, which become successful, will
replenish the moneys they used.
Agnew said he would welcome participation by the New
Energy Congress, founded by Allan, to assist in vetting the various
technologies that will be submitted for funding and development. The
relationship is deemed synergistic for both groups.
...
Read the whole article and download the interview here.
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Re: Foundation and LLC launched to nurture new energy technologies (Score: 1)
by Sigma on Saturday, December 16, 2006 @ 20:45:48 UTC
(User Info | Send a Message) | | While this sounds very good, I'm not sure it is legit. I attempted to find more about Dr. Brooks Agnew and all I could find was his book and radio show. I truly hope this guy is for real... but for some reason I get this sinking feeling. Anyone else want to discuss this? |
Re: Foundation and LLC launched to nurture new energy technologies (Score: 1)
by modernsteam on Sunday, January 07, 2007 @ 11:33:46 UTC
(User Info | Send a Message) | Yes! See my reply to "avenger" above.
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Re: Foundation and LLC launched to nurture new energy technologies (Score: 1)
by illuminaughty on Sunday, December 17, 2006 @ 17:26:42 UTC
(User Info | Send a Message) | Maybe legitimate, maybe not.
I will say one thing, you wear a Phoenix Science Foundation leather jacket in my neighborhood and you'll receive a legitimate butt kicking.
Especially, if they find out you shelled out a grand for it. |
Re: Foundation and LLC launched to nurture new energy technologies (Score: 1)
by modernsteam on Sunday, January 07, 2007 @ 12:23:07 UTC
(User Info | Send a Message) | A grand for a leather jacket?? Now, I wonder whom the customer would be helping by spending that much, hmmm?
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Re: Foundation and LLC launched to nurture new energy technologies (Score: 1)
by avenger on Sunday, December 31, 2006 @ 15:16:51 UTC
(User Info | Send a Message) | Mr. Agnew has a history of leaving the scene after the investors money is spent. He is 8% fact blended with 91% pure Bull Crap.
OH! You think my numbers don't add up?
Neither do Mr. Agnews.
If you're smart, you will stay away from this circus huster. No, I'm not really so smart . . . just already been screwed by this smoothie.
Avenger
Always practice safe science. |
Re: Foundation and LLC launched to nurture new energy technologies (Score: 1)
by modernsteam on Sunday, January 07, 2007 @ 11:31:49 UTC
(User Info | Send a Message) | Agreed!
I normally have it in for skeptics who disparage F-E development
attempts; you may have seen some of my replies to them. This time,
however, regarding Agnew and "Phoenix Science Foundation", I'm
the skeptic. As soon as I entered the Phoenix web-site, then pulled
down the PDF which Agnew (doesn't deserve "Dr." IMO), sharply ordered
readers to complete, I "discovered" the obligations the energy
technology inventing/development company would have as Agnew's
"client". Agnew mentions "extra" charges, never specified, over and
above the percentage to be paid to "Phoenix", (really Agnew, I think)
for bringing forth the investors, with whom he said he has
"connections". I can only assume such charges are for writing his one
check (or cheque) at a time for a "tube of titanium", a "diode",
or some other good or service for which he would charge an - again
unspecified - fee. Please note that the investors are not the
ones paying Agnew; the technology developers are. If the investors are
legite, they and the developing company would simply watch the
investment funds go down the drain.
I'd have no problem with Agnew, or some other manager acting in the
investors' interest, scrutinizing expenditures of investors' funds by
the inventors/developers. The payment to said manager for his/her
services, though, should be from the investors through an employment or
other business agreement between them and the manager.
Furthermore, it is only toward the end of Agnew's pitch (it all sounds
so heavenly wonderful to the inventors in the beginning), after the
reader is astute enough to access and read the PDF, that the inventors learn that they are
the ones charged with paying up - an unfair business practice for sure,
the mark of a scumbag, and a hair's breadth from being a true scam,
were it not that Agnew does
mention, via a sort of
innuendo, like a few "needles" in a bunch of "haystacks" who the clients are and their obligations to pay. Very clever,
Agnew!
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Re: Foundation and LLC launched to nurture new energy technologies (Score: 1)
by modernsteam on Sunday, January 07, 2007 @ 12:20:45 UTC
(User Info | Send a Message) | I should add the "empirical evidence" for the above.
The Phoenix Science Foundation Agreement PDF,
http://www.phoenixsciencefoundation.org/Phoenix%20Fee%20Agreement.pdf
states the following under paragraph 4, "Limitation of Service":
"Any and all additional services provided by the
Foundation, or its assigns, are separate from this agreement and may
require additional agreements and/or instruments to be established
prior to those services being rendered."
Those, I believe, are the additional "fees" which could severely
diminish the investment funds. As such, Agnew should have had the
integrity to state such at the beginning of his "spiel".
Note also that the expression, "There is a PSF fee agreement for this
introduction.", virtually hidden from view on many screens because of a
very dark blue font on a black background, and the demanding tone in
this expression: "Print it, sign it, and send it to us", as if to
dissuade the reader from pondering the matter, lest he decide against
it. Since I already felt Agnew was rather sneaky in his "business"
manner, and I noticed a gap in his text, I highlighted that gap, and
found the warning for the "PSF fee agreement". Legally, Agnew was
probably "covered", and could claim that he disclosed all potential
"client" obligations "up front". The dark font on black background,
however, could be evidence for an invention company in any possible
litigation, the threat of which Agnew strongly implies in his PDF.
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