At 01:36 PM 1/21/2010, Michel Jullian wrote:
> This premise assumes that Stoern BELIEVES their ORBO is valid
> technology... that Steorn just needs a few of those big spending
> corporate entities to buy a cheap (for them) licenses and subsequently
> work out a few minor pesky bugs!
Well not exactly, your premise assumes that the technology IS valid
(what Steorn believes is irrelevant to what will ultimately happen).
Mine assumes it isn't, but whether it is valid or not, they will make
money. I have seen dumber schemes :)
The cheap licenses provide no production rights, only
experimentation, I forget the details that they have disclosed. I'm
sure that to buy a license of any kind, you must first agree to a
nondisclosure of the license terms, i.e., a non-disclosure of the
final non-disclosure agreement, which must be binding, before they
even send you the complete NDA. they'd be stupid not to do that.
Otherwise the license terms are out of the bag, quickly.
They will have both big and small customers. The internet is vast and
what would be insanely small markets can be lucrative now. An ability
to generate publicity is a very good way to tap this diffuse market,
and they've been doing that quite well.
To the small customers, they sell the investigational license. Some
of those in this market will also buy equipment from them.
To the large customers, more profit may come from equipment sales
than from actual disclosure licensing, and a company will look at
equipment purchase as an investment. The equipment sales are quite
legally safe for Steorn, as long as the equipment itself is not represented.
Some of the comments here refer to selling a device that doesn't work
as advertised. That would variously be puffery or fraud, depending.
But they are not selling, to my knowledge, devices claimed to "work"
for energy production. At most, it seems, they might sell a device
that is claimed to show some anomaly, and it's quite possible that it
does. What they believe themselves, personally, about this device is
not actually legally relevant.
However, if they induce people to directly give them money based on
lies as to performance, as investors, not merely as purchasers of a
disclosure, they could be in very hot water. My guess is that this
has been avoided.
If an NDA is signed, I'm sure it would have a clause that private or
public comments made by Steorn representatives were to be disregarded
and only what is included in the NDA as the "product" being sold --
which might be just a core dump of research results -- is legally
binding on Steorn and represented as truthful and accurate. That's
very common in contracts: "This document constitutes the whole of the
agreement between the parties and verbal or other representations not
included herein are not a part of the agreement."
So Sean can claim 2:1 in public until the cows come home, and there
can be no basis for it at all in the actual evidence to be disclosed,
and Steorn -- and Sean -- are safe.
Get this: lying, as such, is not illegal. Most subscribers to this
list are really space aliens, and I'm not yet revealing my secret
knowledge, because I must protect my sources. However, I need money,
so if you want the evidence apply for a disclosure license, which I
will sell to anyone I decide to trust, for the modest sum of $49.95.
To inquire, use the email address provided with this mail. Skeptics
welcome. I have also placed the necessary proof in a sealed envelope,
mailed to an undisclosed friend, so that if anything happens to me,
it will all be revealed. Space aliens, you better hope I don't have
an accident, because if so, your secret is out!
