At 11:55 AM 12/18/2009, OrionWorks - Steven V Johnson wrote:
Well, as Deep Throat sed: "Follow the money."
What's the payoff.
Smuggling donkeys.
While this scam is running, do you have any idea what salaries Steorn
executives are drawing? Do you know if any payments are being made to
investors? Where is the money coming from? Absolutely. Follow the money.
Steorn may be showing a loss, even. But suppose if the major expense
has been those salaries, and those drawing the large salaries are
among the investors. They may even have been fully paid off and are
still drawing the salaries. They can lose their investment and it
will give them a fat tax deduction, blunting the effect.
What would be of real interest would be the cash flow. What's coming
in and what is going out, and from where and to where?
For the moment it's still looking to me, personally, as if Steorn IS
attempting to perform a major slam-dunk. I fear for their lives.
Only because you are disposed to think an over unity device is
possible. Who is going to kill them for a hoax? Only some burned
investor would even consider it, and if they don't have any of those,
if they are keeping their investors happy, no danger. If they don't
have investors who have been deceived, they aren't in danger.
The engineers who have blessed Orbo, have they been deceived? Sure,
maybe. But they were also paid, I might guess. What would be the
basis for revenge? That they were fooled? They would hang their heads
in shame all the way to the bank....
Or they know the scheme, fully, and are enjoying it.
Under such an obviously elaborate scenario (a scenario that is NOT
Occam Razor's approved) it seems to me that the only chance they have
of succeeding would be to have the equivalent of another ORBO
contraption waiting under wraps, a device that DOES perform the
equivalent of powering a light bulb, and also has no deceptive battery
attached to the housing confusing everyone to no end. Preferably a
capacitor.
Nah. You are not defining "succeeding" as "making money." I think
they are or will be making money, for some, at the expense of others.
The "others" will each lose only a little, and they will have done so
by making a speculative investment at the wrong time. Too late.
Happens all the time!
To me, it's speculative whether they will or will not show an
actually fraudulent machine, with no obvious faults. They might. That
would be the last stage in the game, or approaching it. At that
point, people who invest in this by buying a developer license will
almost certainly lose their money, or most of it. Because the only
way to recover would be to allow, then, within a reasonable time (a
year?) independent replication, which will blow the covers off. On
the other hand, perhaps they will figure out a way to keep it going.
Tell me, folks, would you have predicted that Steorn would be, three
years later, still on this track? Murky as ever?
My wacky reasoning: One of Steorn's advertisement clearly states that
their magic juju bean technology is capable of powering laptops, even
cars.
Yeah, but they also prohibit Companies in the proposed company
licensing from being companies that will develop those applications.
Interesting, eh?
And as we all know powering cars (50 kw for starts) would
obviously take a lot of juju been juice. Meanwhile, what's obviously
on public display right now at the Waterfront is pathetically
inadequate in suggesting to anyone that such juju bean juice is in the
works. It's as if Steorn has deliberately placed a straw dog in front
of a bunch of bullies in a calculated attempt to entice them to start
swinging at the decoy, and then at the right moment swap out the decoy
with the real McCoy.
Nah. All they would need to do to keep it all going would be to
replace the obviously defective toy with one that looks better.
I have to admit... it's a romantic scenario I've concocted. Worth a
good screen play!
Not very realistic, however. ;-)
That's right. It requires a device which is probably impossible, with
anything like the technology they are using, if it's possible at all.
