Mark Goldes replied

Hi Richard,

The first task is to develop wire. That is a three year program at $6 million/year = $18 million. We expect to begin that program by the end of this quarter.


I'm glad to hear that you're getting close to fabricating a wire Mark


Once wire exists, a licensee is likely to focus on the energy storage application. We would expect to work with them and cross license any patents they develop.


I've heard you talk about the potential for doing things like magnetic levitation, which I assume would involve winding a coil out of it. Your post raised a question about ultra capacitors. If you were to fabricate a plate of your material, and sandwitch it between a layer of high dielectric strength material, would it be possible to produce a ultra capacitor? When we had the tread about ultra capacitors, I read the pages of the manufactures of the existing ultra capacitors. As I recall, they were operating at a rather low voltage, 2 volts, I'm wondering why so low voltage? As I recall, the amount of energy that a capacitor can store is directly related to the voltage.


Since our parent firm, Magnetic Power Inc., (www.magneticpowerinc.com) expects to license generators widely beginning later this year, candidate firms for developing the UMES are likely to emerge synergistically.

Are you talking about a F E generator? In the remainder of this message the diesel motor was mentioned. Unfortunately the additional cost of a diesel motor just about compensates for the fuel that it saves. As for a Wankel, they are no more efficient than any other I C E. IMHO, the only way that this technology will ever appeal to joe sixpack, AKA the average guy, is when it saves more money than it costs. Till then hybrids will appeal to the Volvo Democrats, which isn't all bad, they've got money.


As with the energy work, the paucity of Angel investment since the dot.com crash, has delayed what could have been in production by now...had there been sufficient availability of the necessary capital.

Mark

From: "RC Macaulay wrote

Hi Mark,
Please give us an update on your comments regarding UMES.

What is a UMES?


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