----- Original Message ----- From: "Mark Goldes"

This may be of interest. http://www.aiada.org/article.asp?id=45693


Wow Mark,

A few weeks back I must have been taping into a technology "meme" which these guys created in neurospace, because this concept is exactly how I envisioned a heat-->electric converter for the low-grade heat output of the MAHG.

Curiously, they did not mention the word "thermoacoustics". I wonder if that is part of the strategy to try to distance their IP claims from prior art, which is fairly well developed under that particular name. But can you distance this MPG technology from thermoacoustics, really?

Even more "curiously" is this bit from their recent SEC filing-

"We do not expect the Encore Business to achieve profitability in the near future and we expect to incur substantial operating losses for at least the next twelve months. If we are unable to develop a significant revenue stream or if expenses are larger than expected, the Encore Business may never become profitable."

Now, even if it is boilerplate, that is a shocker coming from a company with such an obvious desire to see their name in print that they send out a glowing press release to a PR outfit.

This technology bears a closer look, even if the company which licensed it is "on the brink". More later.

Jones


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