ZPEnergy.com - SEEKING A FEW MORE ANGELS

Global warming is clearly accelerating. The author of the Ticking Time Bomb article that appeared in the Baltimore Sun last December 15th, (which I posted earlier), agrees with a science writer who has estimated that, worst case, within as little as 15 to 25 years, all mammalian life in the arctic could begin to be snuffed out by methane clouds. Such clouds would gradually drift south, endangering all human life on earth.

Any expectation that government will lead the way toward eliminating our increasingly dangerous reliance on oil and gas, as the President’s Energy Bill sadly illustrates, is futile. Current record prices for these fuels, with further increases on the horizon, herald severe economic problems.

However, the necessary breakthrough Zero Point Energy conversion technologies to free us from all fossil fuels are being born now in small companies.

At Magnetic Power Inc., based on a number of successful laboratory experiments, we are striving to complete pre-production prototypes of 1 kW Magnetic Power Modules, with the goal of production before the end of next year in a Joint-Venture with a Strategic Partner.

A second goal for 2006 is converting a “plug-in” hybrid Prius into a car with a Zero Point Energy recharge system. This would allow local driving to be done using ZPE, eliminating any need to plug-in. Such an automobile would demonstrate the potential for powering transportation without fuel.

Fortunately, investors who can afford the high risk have been stepping in to support this new, environmentally clean, safe, cost-effective, 24/7, technology. The need is so obvious, and the potential rewards so great, that private capital is beginning to pay attention. A handful of additional modest injections, by well-to-do Angels, will allow us to bridge the shrinking gap that separates this work from the close of pending major capital commitments.

Mark Goldes
Chairman & CEO
Magnetic Power Inc.
mgoldes@msn.com