James, Thanks for the details of the bio project. I think the ideas has been around for awhile and I agree that it is very intriguing. I actually have a little experience from the field and do understand that it is like LENR hard to control. It is still very intriguing. So, back to why it is hard to get money to this project. First my generic answer still stands, except for that the technology is established. Specific problems are that it is not a ten million dollar test to get there. I think you talk billions. The vision is great and once the project is up and running - many will follow and the result could be a savior for future generation's food supply. However, the investment is enormous measured by what any risk taker can provide (try Bill Gates). I do not think there is any need for research before taking action. The research money is very small - perhaps not even the $10M you suggested. However, the research is a dead end. There are several steps to fulfill before you can see any ROI. 1. Building of the 'atolls' . Yes, an engineering thing and experience from oil platforms will help. It will cost lots of money. You do not want to live on an atoll with ten people. To build an atoll structure so it can be the home for 1,000 and make it possible for them to earn their living and have a meaningful life will require resources, read dollars. 2. Convincing people to live there (at least the first group of immigrants). 3. Transportation system for algae in one direction and everything else the inhabitants need (want) in the other direction. A totally new infrastructure. 4. Build the market for this algae instead of corn, soy etc. There is a built in resistance to change - so even with very logical, economical and environmental reasons it will be hard. In addition we are still in a society, which find it necessary to have borders between the tribes. There are no clear jurisdiction for the areas you talk about. Not that I dislike that but I am sure that after success is proven some nearby 'king' will proclaim sovereignty over the atoll. In other words the risk factor is great. not a mapped territory. I do not have ten million dollars, but if the project would be profitable with such small of an investment I can guarantee funding. The idea is in my opinion great and deserve interest and financing. I am sure that will come a time, as other resources and areal becomes more and more sparse, when this will be reality. Probably, initiated by a government with a direct need for food, energy and seafront lots. I have one idea to get to the result. Find an oil platform that is fixed over a dry hole. Venezuela anybody?:). They are close to land and only the 'crew' needs to live there. No, I do not think $10M will be enough anyhow. >From experience I know that size matters in this industry. Very big difference in ROI between a unit producing x ton per year and one producing 10x, at least a factor 10,000.
Best Regards , Lennart Thornros www.StrategicLeadershipSac.com [email protected] +1 916 436 1899 202 Granite Park Court, Lincoln CA 95648 “Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” PJM On Sun, Aug 17, 2014 at 10:25 AM, Jojo Iznart <[email protected]> wrote: > Thanks James. I have a few questions: > > 1. What is the infrastructure cost of such an Alga6 photobioreactor? > What is the ongoing energy cost? > > 2. It appears that it has to be installed in tropical doldrums? right? > Areas with no storms? cause I presume a storm would run havoc with the > photobioreactors? > > 3. Has the problem with algae contamination been solved. Contamination > of other algae species seems to be a perenial problem with Algae reactors. > > 4. What's the required ocean area for an algal field sufficient to > support the nutritional needs of say 10,000 people? > > 5. So, the primary output would be algae primarily for oil (for biofuel) > and algae dry matter for livestock? No direct food for humans? Do you > know of a system for direct production of human food? > > > > Jojo > > > > ----- Original Message ----- > *From:* James Bowery <[email protected]> > *To:* vortex-l <[email protected]> > *Sent:* Monday, August 18, 2014 12:25 AM > *Subject:* Re: [Vo]:BLP picks up another 11 M from investors > > http://jimbowery.blogspot.com/2014/05/greenhouses-are-not-next-green.html > > > On Sat, Aug 16, 2014 at 9:22 PM, Jojo Iznart <[email protected]> > wrote: > >> James, Please elaborate on this technology. If it is enormously >> profitable as you claim, I might be able to integrate this with my wave >> power to produce food. We need cheap food here in the Philippines to feed >> an exponentially growing population. >> >> >> Jojo >> >> >> >> ----- Original Message ----- >> *From:* James Bowery <[email protected]> >> *To:* Analog Fan <[email protected]> >> *Cc:* [email protected] >> *Sent:* Sunday, August 17, 2014 3:34 AM >> *Subject:* Re: [Vo]:BLP picks up another 11 M from investors >> >> As far as I can see there is nothing _but_ dumb money out there. Let >> me define what I mean: >> >> I know of at least one technology that has, since 2009, been waiting on >> nothing more than about $10M dollars to reduce civilization's ecological >> footprint by at least a factor of 2 while increasing protein production to >> the point that, even passing through multiple trophic layers in the >> agricultural foodchain to high value meat and fish, would provide a diet so >> rich the problem wouldn't be malnutrition but gout. >> >> When I say "waiting on" I mean it is demonstrated and the production line >> to manufacture it is already specified. >> >> Oh, I guess I failed to point out that what I mean by "demonstrated" is >> that its economics are not just profitable, they are _enormously_ >> profitable. >> >> >> On Sat, Aug 16, 2014 at 1:47 PM, Analog Fan <[email protected]> >> wrote: >> >>> On Thursday, August 14, 2014 6:43 PM, Jojo Iznart < >>> [email protected]> wrote: >>> >>> >>> >>> >Why would you assume that the investors would have done lousy due >>> diligence? >>> >>> I never assume lousy due diligence. But it is fair to wonder how much >>> diligence they did do. >>> >>> It's indisputable that there is 'dumb money' out there - the history of >>> poor due diligence on investments is legendary. I've seen a ~$90 million >>> dollar investment fund up close, and you would be surprised at the lack of >>> due diligence. I was surprised when the SEC stepped in to reveal the fund >>> was a house of cards. >>> >>> >Why is it that we always believe that we understand more than the >>> investors >>> >who would have been up close and personal with the people and >>> scientists at >>> >BLP and have seen the technologies and prototypes more closely? >>> >>> You may as well ask why people do inexplicable things? It's clear that >>> Mills has personal charisma and is able to raise money, and that is >>> impressive. But in my opinion any sort of scientific or business results >>> look to be extremely unlikely at this stage. Mills has raised and spent a >>> lot of money, that's for sure. >>> >>> The details do not add up to me - for example, why on earth does a >>> company involved in speculative research spend millions to buy a fifty >>> thousand square foot building in New Jersey, when their team could fit in a >>> smaller leased lab? >>> >>> 493 EDINBURG RD, East Windsor Township owned by BLACKLIGHT REAL ESTATE >>> C/O R.MILLS - NJParcels.com New Jersey Property Data >>> <http://njparcels.com/property/1101/5/3> >>> >>> >>> >Let's give BLP some time and credit shall we? >>> >>> Surely you jest? As I pointed out, they've had 22 years, and yet it is >>> they that keep shifting the goalposts. All of this skepticism would cease >>> if they had a working product. >>> >>> AF >>> >>> >>> 493 EDINBURG RD, East Windsor Township owned by BLACKLIGHT REAL >>> ESTATE C/O R.MILLS... <http://njparcels.com/property/1101/5/3> >>> Information regarding Block 5, Lot 3 (493 EDINBURG RD), owned by >>> BLACKLIGHT REAL ESTATE C/O R.MILLS in East Windsor Township. >>> View on njparcels.com <http://njparcels.com/property/1101/5/3> >>> Preview by Yahoo >>> >>> >> >> >
