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This is good, release your inner feelings, it will assist in your rehabilitation.
How does seeing this video reposted again make you feel?
You are certainly incensed and obsessed by my being here. Tell me, how does this make you feel? I want to know how you really feel:
No funder is touching the African projects - commercial banks want 80% first financed by development banks. Development banks are not investing in Astra’s African Portfolio of Projects.
Tanzania, Zanzibar, Lesotho and many other African countries are unable to underwrite finance packages.
The Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees to provide security in meeting financing and funders lending terms and conditions.
These governments are also unable to underwrite a substantiable energy unit price to guarantee lenders and investors ROI, despite what’s written on the MOUs.
Astra has entered into these African MOU’s with no funding initiatives in place, they are trying to leverage the MOUs to raise funds, and I must admit, at first investors, funders and financiers get excited but when they review the detail they walk away, not even the addition of the Holcomb generator is enough to convince the lenders and financiers.
When doing due diligence, look at all the multinational energy companies who have walked away from these projects because the economic fundamentals underpinning the projects do not stack up, and these multinationals have deep pockets. Astra cannot deliver on what the multinationals cannot, as the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator? It is one thing hyping the market with MOU’s and exclusive agreements and another with money coming into the bank.
This is why the Astra stock continues to languish. Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects, this is a fact as otherwise it would have happened.
How utterly profound coming from someone who boasts about being "Lighter than Air." Such deep insights, indeed.
It seems you suffer from the same unfortunate diagnosis as Eyes.
In case you missed it, below is my reply to the two posts in question:
Your emotional volatility and tendency to excessively emphasize your accomplishments and credentials indicate that you suffer from feelings of insecurity and inadequacy.
In this communication setting, where diverse opinions are valued, it appears that you are internalizing feedback in a personal manner.
Perhaps a worthwhile remedy would be to watch this educational video:
Only three projects? Is that it? How qualified are you?
Below is some guidance on the economic principles of the African Projects:
No funder is touching the African projects - commercial banks want 80% first financed by development banks. Development banks are not investing in Astra’s African Portfolio of Projects.
Tanzania, Zanzibar, Lesotho and many other African countries are unable to underwrite finance packages.
The Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees to provide security in meeting financing and funders lending terms and conditions.
These governments are also unable to underwrite a substantiable energy unit price to guarantee lenders and investors ROI, despite what’s written on the MOUs.
Astra has entered into these African MOU’s with no funding initiatives in place, they are trying to leverage the MOUs to raise funds, and I must admit, at first investors, funders and financiers get excited but when they review the detail they walk away, not even the addition of the Holcomb generator is enough to convince the lenders and financiers.
When doing due diligence, look at all the multinational energy companies who have walked away from these projects because the economic fundamentals underpinning the projects do not stack up, and these multinationals have deep pockets. Astra cannot deliver on what the multinationals cannot, as the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator? It is one thing hyping the market with MOU’s and exclusive agreements and another with money coming into the bank.
This is why the Astra stock continues to languish. Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects, this is a fact as otherwise it would have happened.
Certainly:
A kind reminder on the realities of the Astra Africa and Holcomb portfolio.
No funder is touching the African projects - commercial banks want 80% first financed by development banks. Development banks are not investing in Astra’s African Portfolio of Projects.
Tanzania, Zanzibar, Lesotho and many other African countries are unable to underwrite finance packages.
The Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees to provide security in meeting financing and funders lending terms and conditions.
These governments are also unable to underwrite a substantiable energy unit price to guarantee lenders and investors ROI, despite what’s written on the MOUs.
Astra has entered into these African MOU’s with no funding initiatives in place, they are trying to leverage the MOUs to raise funds, and I must admit, at first investors, funders and financiers get excited but when they review the detail they walk away, not even the addition of the Holcomb generator is enough to convince the lenders and financiers.
When doing due diligence, look at all the multinational energy companies who have walked away from these projects because the economic fundamentals underpinning the projects do not stack up, and these multinationals have deep pockets. Astra cannot deliver on what the multinationals cannot, as the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator? It is one thing hyping the market with MOU’s and exclusive agreements and another with money coming into the bank.
This is why the Astra stock continues to languish. Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects, this is a fact as otherwise it would have happened.
If Astra was so sure of the Holcomb technology it would have raised money at the time of entering into the manufacturing agreement and paid for the UL compliance. This would have raised the share price through the roof, and it then would have had multiple options of funding available to it to develop not only Africa’s energy needs but the worlds. But instead, Astra just keep on collecting worthless MOU’s, hyping the market, and not focusing on core fundamentals of its business.
The CEO of this company is more interested in executive compensation than developing a sustainable business and profitable company, time for somebody else to step in and steer the ship.
If it passes UL then that would be money in the bank however, how do you overcome these issues?
Holcomb is extremely reluctant to not be included in any form of testing, it insists on its own testing procedures and wiring, as was the case with SGS and DNV, so let's see what happens.
This test was not very encouraging, and many others have come before and after and reached the same conclusion.
[Extract Start]
System C System C (Figure 19) was examined on Thursday, October 27, 2022. This device is a split phase to three phase converter. Power is supplied by a standard Florida Power and Light (FPL) hookup.
Original data from DENT showed doubling of power:
However, voltage for split phase was found to be approximately 225.9 VAC (as split phase is two ‘hot’ lines, 180 degrees out of phase):
Hooking up the DENT as per the manual, in Figure 23 resulted in input power as double the previous value, and hence output power was less than input power.
[Extract End]
Not sure how all this can assist with UL?
There is a massive massive massive bank of resistors, the building is not configured as you asked.
With all these extracts its very interesting to what you have to say.
[Extract Start]
System B – Oscilloscope Tests To verify the voltage/current relationships in the DENT measurement system, the SIGINT 4 channel scope, normally only monitoring the voltages of the device, was configured with a current to voltage transducer on the fourth channel. By moving this coil (Tektronix A622; Figure 15) to the three inputs and three outputs, the current/voltage relationships could be cross checked against the DENT units.
Basic convention is that lagging power factor is when current lags voltage; this is for inductive loads. Leading power factor is when current leads voltage; this is for capacitive loads. Note the sign conventions can be different, based on the IEC and IEEE conventions; the IEC convention has power factor that is dependent on power flow direction; the IEEE convention uses negative for inductive loads and positive for capacitive loads: https://www.se.com/ww/en/faqs/FA212521/ The six screen shots are: Input, phase 1, SDS00015.jpg Input, phase 2, SDS00016.jpg Input, phase 3, SDS00017.jpg Output, phase 1, SDS00018.jpg Output, phase 2, SDS00019.jpg Output, phase 3, SDS00020.jpg By measuring the offset in time from the peak voltage to the peak current, the power factor as displayed by the DENT unit could be verified approximately. Only screen shots of the oscilloscope were taken, so the approximate time values of period and offset were calculated using the raw pixel values, and converting them to times. In the output measurements, the time delay from peak of the voltage to the peak of the current could only be estimated, and hence the power factor and phase angles did not correlate. The algorithm for calculation of the power factor and phase angle in the DENT unit is not known. The manual does not appear to be explicit about power factor sign; an inquiry has been made to DENT. In this test, 195 uF of capacitance was on the load.
Two of these oscilloscope plots are shown in Figure 17 and Figure 18. A corresponding spreadsheet, pf_calc_based_on_time.xls is included in the data files to show how these values were calculated. These approximate (due to the nature of the waveforms) calculations seem to indicate that the calculations by the DENT are correct.
[Extract End]
[Extract Start]
Dr. Robert Holcomb and team have designed and built these units in house. Overview Three different units were tested at the main HES location, in Sarasota, FL.
System A: 3 phase to 3 phase, delta, 208 VAC (40 kW)
System B: 3 phase to 3 phase, delta, 480 VAC
System C: Split phase to 3 phase, 208 VAC Additionally, a site visit to a building where a 15 kW 3 phase to 3 phase device was installed:
System D: 3 phase to 3 phase, delta, 208 VAC (15 kW)
[Extract End]
All these extracts make more sense with the photographs of the devices and wiring.
[Extract Start]
System A System A (Figure 1) was examined on Tuesday, October 25, 2022. This device is a three phase to three phase converter. Three phase power was supplied by a diesel generator outside the building.
Note that in all of these devices are using the same configuration, where the input and output voltage taps are at the same connection points:
Two smaller gage wires per phase are hooked up to the system (total of six wires) to run the system in ‘normal’ mode. When these wires are disconnected, the system is said to be in ‘bypass’ mode. Voltage taps for the DENT Elite Pro XC Power Meter are shown below. The DENT power measurement unit uses the colors black=L1, red=L2, and blue=L3 for both voltage and current in its standard configuration as per the manual.
Comparison of clamp-on current measurement using an independent Mastech MS2115A meter and HES (Klein Tools CL800) showed some differences, but variations in the signal were seen in all meters due to the orientation of the meters. Given previous testing by other independent firms, it is unlikely measurement devices are suspect (Table 1).
With the system loaded in a standard HES configuration, with load, the clamp on meters showed respective input and output currents as shown in Table 2.
However, this is an AC, not DC system, so simple multiplication of currents and voltages cannot be done to calculate true power, due to the phase angle differences (power factor, PF = cosine(phase angle)) between voltage and current. This can be done at HES by two different methods, using the DENT instruments Elite Pro XC Power Meter, and the handheld PCE Instruments PCM1 (PCE PCM1). The DENT system uses current coils to measure AC current, but a minimum of approximately 5 Amps must be flowing for current to be measured. Measurements by the DENT data acquisition system, as originally configured showed power output exceeding power input (see Figure 4 and Figure 5); 4.1kW input and 7.9 kW output:
Temperatures of the core of the system were taken (Figure 6); temperatures rose from 24.9C to 26.4C in approximately 8 minutes. Cooling fans on external power were used to keep the system cool, but no large temperature excursions were found.
Moving the system did not show any change to the voltages and currents from the system.
[Extract End]
You are absolutely correct; this is what Clipboard were saying but in a very diplomatic tone. There is more.
[Extract Start]
System D System D (Figure 25) was examined on Friday, October 28, 2022. This device is a three phase to three phase converter. Power is supplied by a standard Florida Power and Light (FPL) hookup. This system was connected with a large UPS:
The setup is as follows; input 3-phase is in the ‘wye’ configuration, but the HES systems are in ‘delta’ configuration. The measurement is done in the ‘wye’ configuration.
The setup is as follows; input 3-phase is in the ‘wye’ configuration, but the HES systems are in ‘delta’ configuration. The measurement is done in the ‘wye’ configuration.
The system, as found, used the following configurations: Input; black, L1, red, L2, blue, L3 (as per manual, 1-2-3) Output; red, L1, blue, L2, black, L3 (as per HES protocol, 2-3-1)
Likewise, the resulting power input and outputs as found resulted in power output being greater than power input (Figure 28).
Configuring the DENT units as per the manual (Figure 29), power output is less than power input (Figure 30).
In all cases, the power factors (PF) were negative. This may be due to reversal of current coils, but at the time, we were unable to ascertain the reason for the error in current coil orientation. Both Clipboard and HES traced the path of the current from the panel through the system, and coils appeared to be in the correct orientation and wiring. This may be related to the convention of IEC and IEEE power factor as noted previously. The DENT manual does not specify which convention is used. Two Accuenergy power measurement systems were installed, with the same voltage/current measurement protocol as specified by HES. The voltage tap locations were not able to modified on this live system.
[Extract End]
Please reach out to Andrew P. Anselmo of Clipboard Engineering http://clipboardengineering.com/about-2/ or I can send you the full report.
The incorrect configuration is how Holcomb claim the increased power output, Clipboard disagreed with this.
The realities of the Astra Africa portfolio.
No funder is touching the projects - commercial banks want 80% first financed by development banks.
Development banks are not investing as Tanzania, Zanzibar, Lesotho and many other African countries cannot underwrite the finance packages as the Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees or in any other capacity. In the same manner these governments are also unable to underwrite a substantiable energy unit price despite what’s written on the MOUs.
Astra enters into these African MOU’s with faux promises that they can deliver on energy infrastructure investment and funding where not even the multinational can deliver despite having vast financial resources. Why? It is because the economics of these African projects do not stack up, and the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator; all these MOU’s and exclusive agreements continue to gather dust with no money coming into the bank.
This is why the Astra stock suffers and will continue to suffer, Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects it has rights to under any MOU or exclusive agreement.
Below is an extract from a Report commissioned by Holcomb and undertaken by Andrew P. Anselmo of Clipboard Engineering in October 2022. http://clipboardengineering.com/about-2/
The official report (27 pages) was amended inhouse by Holcomb as is it did align with Holcomb.
The official report questioned the testing procedures of Holcomb and incorrect wiring to achieve increased power output.
[Extract start]
System B (Figure 10) was examined on Wednesday, October 26, 2022 through Friday, October 28, 2022. This device is a three phase to three phase converter. Power was supplied by in-building inverters, that create three phase power, in a delta configuration.
Tracing of wires and connections for the DENT units turned up a potential issue of power measurement, which may have been the cause of anomalously high output readings. In the standard configuration of inputs as per the DENT manual (Figure 11), power output was less than power input ( Figure 14). In the configuration used by HES (Figure 12), power output exceeds power input (Figure 13). The standard measurement protocol has L1=black, L2=red, and L3=blue (1-2-3):
The explanation put forth by HES is that the construction of the device has the first leg of the input power influencing the second leg, and so forth, which is the reason for the configuration of the DENT current and voltage sensors. The HES protocol has L1=blue, L2=black, and L3=red (3-1-2):
Note that for the DENT voltage/current monitoring systems, the LEDs on the units have the following meanings: ▪ LED is red—there is a CT voltage phase placement error (or the Power Factor is less than 0.55) ▪ LED is blue—the CT is on backwards (-kW) with the arrow pointed away from the load ▪ LED flashes red and blue—CT is on backwards and on the wrong voltage phase.
[Extract end]
Below is an extract from a Report commissioned by Holcomb and undertaken by Andrew P. Anselmo of Clipboard Engineering in October 2022. http://clipboardengineering.com/about-2/
The official report (27 pages) was amended inhouse by Holcomb as is it did align with Holcomb.
The official report questioned the testing procedures of Holcomb and incorrect wiring to achieve increased power output.
[Extract start]
System B (Figure 10) was examined on Wednesday, October 26, 2022 through Friday, October 28, 2022. This device is a three phase to three phase converter. Power was supplied by in-building inverters, that create three phase power, in a delta configuration.
Tracing of wires and connections for the DENT units turned up a potential issue of power measurement, which may have been the cause of anomalously high output readings. In the standard configuration of inputs as per the DENT manual (Figure 11), power output was less than power input ( Figure 14). In the configuration used by HES (Figure 12), power output exceeds power input (Figure 13). The standard measurement protocol has L1=black, L2=red, and L3=blue (1-2-3):
The explanation put forth by HES is that the construction of the device has the first leg of the input power influencing the second leg, and so forth, which is the reason for the configuration of the DENT current and voltage sensors. The HES protocol has L1=blue, L2=black, and L3=red (3-1-2):
Note that for the DENT voltage/current monitoring systems, the LEDs on the units have the following meanings: ▪ LED is red—there is a CT voltage phase placement error (or the Power Factor is less than 0.55) ▪ LED is blue—the CT is on backwards (-kW) with the arrow pointed away from the load ▪ LED flashes red and blue—CT is on backwards and on the wrong voltage phase.
[Extract end]
The realities of the Astra Africa portfolio.
No funder is touching the projects - commercial banks want 80% first financed by development banks.
Development banks are not investing as Tanzania, Zanzibar, Lesotho and many other African countries cannot underwrite the finance packages as the Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees or in any other capacity. In the same manner these governments are also unable to underwrite a substantiable energy unit price despite what’s written on the MOUs.
Astra enters into these African MOU’s with faux promises that they can deliver on energy infrastructure investment and funding where not even the multinational can deliver despite having vast financial resources. Why? It is because the economics of these African projects do not stack up, and the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator; all these MOU’s and exclusive agreements continue to gather dust with no money coming into the bank.
This is why the Astra stock suffers and will continue to suffer, Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects it has rights to under any MOU or exclusive agreement.
Below is an extract from a Report commissioned by Holcomb and undertaken by Andrew P. Anselmo of Clipboard Engineering in October 2022. http://clipboardengineering.com/about-2/
The official report (27 pages) was amended inhouse by Holcomb as is it did align with Holcomb.
The official report questioned the testing procedures of Holcomb and incorrect wiring to achieve increased power output.
[Extract start]
System B (Figure 10) was examined on Wednesday, October 26, 2022 through Friday, October 28, 2022. This device is a three phase to three phase converter. Power was supplied by in-building inverters, that create three phase power, in a delta configuration.
Tracing of wires and connections for the DENT units turned up a potential issue of power measurement, which may have been the cause of anomalously high output readings. In the standard configuration of inputs as per the DENT manual (Figure 11), power output was less than power input ( Figure 14). In the configuration used by HES (Figure 12), power output exceeds power input (Figure 13). The standard measurement protocol has L1=black, L2=red, and L3=blue (1-2-3):
The explanation put forth by HES is that the construction of the device has the first leg of the input power influencing the second leg, and so forth, which is the reason for the configuration of the DENT current and voltage sensors. The HES protocol has L1=blue, L2=black, and L3=red (3-1-2):
Note that for the DENT voltage/current monitoring systems, the LEDs on the units have the following meanings: ▪ LED is red—there is a CT voltage phase placement error (or the Power Factor is less than 0.55) ▪ LED is blue—the CT is on backwards (-kW) with the arrow pointed away from the load ▪ LED flashes red and blue—CT is on backwards and on the wrong voltage phase.
[Extract end]
The realities of the Astra Africa portfolio.
No funder is touching the projects - commercial banks want 80% first financed by development banks.
Development banks are not investing as Tanzania, Zanzibar, Lesotho and many other African countries cannot underwrite the finance packages as the Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees or in any other capacity. In the same manner these governments are also unable to underwrite a substantiable energy unit price despite what’s written on the MOUs.
Astra enters into these African MOU’s with faux promises that they can deliver on energy infrastructure investment and funding where not even the multinational can deliver despite having vast financial resources. Why? It is because the economics of these African projects do not stack up, and the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator; all these MOU’s and exclusive agreements continue to gather dust with no money coming into the bank.
This is why the Astra stock suffers and will continue to suffer, Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects it has rights to under any MOU or exclusive agreement.
Below is an extract from a Report commissioned by Holcomb and undertaken by Andrew P. Anselmo of Clipboard Engineering in October 2022. http://clipboardengineering.com/about-2/
The official report (27 pages) was amended inhouse by Holcomb as is it did align with Holcomb.
The official report questioned the testing procedures of Holcomb and incorrect wiring to achieve increased power output.
[Extract start]
System B (Figure 10) was examined on Wednesday, October 26, 2022 through Friday, October 28, 2022. This device is a three phase to three phase converter. Power was supplied by in-building inverters, that create three phase power, in a delta configuration.
Tracing of wires and connections for the DENT units turned up a potential issue of power measurement, which may have been the cause of anomalously high output readings. In the standard configuration of inputs as per the DENT manual (Figure 11), power output was less than power input ( Figure 14). In the configuration used by HES (Figure 12), power output exceeds power input (Figure 13). The standard measurement protocol has L1=black, L2=red, and L3=blue (1-2-3):
The explanation put forth by HES is that the construction of the device has the first leg of the input power influencing the second leg, and so forth, which is the reason for the configuration of the DENT current and voltage sensors. The HES protocol has L1=blue, L2=black, and L3=red (3-1-2):
Note that for the DENT voltage/current monitoring systems, the LEDs on the units have the following meanings: ▪ LED is red—there is a CT voltage phase placement error (or the Power Factor is less than 0.55) ▪ LED is blue—the CT is on backwards (-kW) with the arrow pointed away from the load ▪ LED flashes red and blue—CT is on backwards and on the wrong voltage phase.
[Extract end]
The realities of the Astra Africa portfolio.
No funder is touching the projects - commercial banks want 80% first financed by development banks.
Development banks are not investing as Tanzania, Zanzibar, Lesotho and many other African countries cannot underwrite the finance packages as the Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees or in any other capacity. In the same manner these governments are also unable to underwrite a substantiable energy unit price despite what’s written on the MOUs.
Astra enters into these African MOU’s with faux promises that they can deliver on energy infrastructure investment and funding where not even the multinational can deliver despite having vast financial resources. Why? It is because the economics of these African projects do not stack up, and the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator; all these MOU’s and exclusive agreements continue to gather dust with no money coming into the bank.
This is why the Astra stock suffers and will continue to suffer, Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects it has rights to under any MOU or exclusive agreement.
Keep on 'Learning the Truth' here:
The realities of the Astra Africa portfolio.
No funder is touching the projects - commercial banks want 80% first financed by development banks.
Development banks are not investing as Tanzania, Zanzibar, Lesotho and many other African countries cannot underwrite the finance packages as the Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees or in any other capacity. In the same manner these governments are also unable to underwrite a substantiable energy unit price despite what’s written on the MOUs.
Astra enters into these African MOU’s with faux promises that they can deliver on energy infrastructure investment and funding where not even the multinational can deliver despite having vast financial resources. Why? It is because the economics of these African projects do not stack up, and the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator; all these MOU’s and exclusive agreements continue to gather dust with no money coming into the bank.
This is why the Astra stock suffers and will continue to suffer, Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects it has rights to under any MOU or exclusive agreement.
In case you missed it:
Below is an extract from a Report commissioned by Holcomb and undertaken by Andrew P. Anselmo of Clipboard Engineering in October 2022. http://clipboardengineering.com/about-2/
The official report (27 pages) was amended inhouse by Holcomb as is it did align with Holcomb.
The official report questioned the testing procedures of Holcomb and incorrect wiring to achieve increased power output.
[Extract start]
System B (Figure 10) was examined on Wednesday, October 26, 2022 through Friday, October 28, 2022. This device is a three phase to three phase converter. Power was supplied by in-building inverters, that create three phase power, in a delta configuration.
Tracing of wires and connections for the DENT units turned up a potential issue of power measurement, which may have been the cause of anomalously high output readings. In the standard configuration of inputs as per the DENT manual (Figure 11), power output was less than power input ( Figure 14). In the configuration used by HES (Figure 12), power output exceeds power input (Figure 13). The standard measurement protocol has L1=black, L2=red, and L3=blue (1-2-3):
The explanation put forth by HES is that the construction of the device has the first leg of the input power influencing the second leg, and so forth, which is the reason for the configuration of the DENT current and voltage sensors. The HES protocol has L1=blue, L2=black, and L3=red (3-1-2):
Note that for the DENT voltage/current monitoring systems, the LEDs on the units have the following meanings: ▪ LED is red—there is a CT voltage phase placement error (or the Power Factor is less than 0.55) ▪ LED is blue—the CT is on backwards (-kW) with the arrow pointed away from the load ▪ LED flashes red and blue—CT is on backwards and on the wrong voltage phase.
[Extract end]
You reinforce my previous comment.
Your lack of control over your emotions is painting a picture of you as a person that lacks serious credibility.
I think you mean that Astra should be concerned about the investigation into its short selling practices.
Why do you feel so insecure that you have to make baseless threats?
Sure, will do.
I just hope that the market news of Astra supporting the increased stock price is not 'Lighter than Air'.
Just putting forward a pragmatic analysis.
I suggest you review the past 12 months of Astra filings against its accounts and market news on projects highlighting a lack of funding initiatives and then look at how the market is reacting with a lack of confidence, reflective of the languishing stock price.
Unfortunately, when the truth is shared it can invoke emotive reactions of denial.
On financing initiatives in Africa, any funder and economic reporting outlet will highlight the risks involved in financing such infrastructure activities. This is why these projects remain unfinanced by tier one banks, developments banks without secure syndication, investors, funders and multinationals; even vendor financing arrangements will not entertain financial risk without some form of bond or guarantee.
As for the Holcomb test, please contact the Engineering firm to verify verbatim the extract from the testing reports.
No need to get angry, it's the reality.
The economic fundamentals do not stack up for any prudent investor/funder when you take into account socio-economic and political factors.
The instability and unknowns are far too much of risk on capital.
The realities of the Astra Africa portfolio.
No funder is touching the projects - commercial banks want 80% first financed by development banks.
Development banks are not investing as Tanzania, Zanzibar, Lesotho and many other African countries cannot underwrite the finance packages as the Fitch, S&P, and Moody’s ratings of these countries do not qualify backing by government bonds, sovereign guarantees or in any other capacity. In the same manner these governments are also unable to underwrite a substantiable energy unit price despite what’s written on the MOUs.
Astra enters into these African MOU’s with faux promises that they can deliver on energy infrastructure investment and funding where not even the multinational can deliver despite having vast financial resources. Why? It is because the economics of these African projects do not stack up, and the ROI is simply not secure or sustainable.
When was the last time Astra released news on any of the projects being funded in Africa or to manufacture the Holcomb generator; all these MOU’s and exclusive agreements continue to gather dust with no money coming into the bank.
This is why the Astra stock suffers and will continue to suffer, Astra is not in a financial position to invest, develop, grow, and commercialize any of its projects it has rights to under any MOU or exclusive agreement.
Below is an extract from a Report commissioned by Holcomb and undertaken by Andrew P. Anselmo of Clipboard Engineering in October 2022. http://clipboardengineering.com/about-2/
The official report (27 pages) was amended inhouse by Holcomb as is it did align with Holcomb.
The official report questioned the testing procedures of Holcomb and incorrect wiring to achieve increased power output.
[Extract start]
System B (Figure 10) was examined on Wednesday, October 26, 2022 through Friday, October 28, 2022. This device is a three phase to three phase converter. Power was supplied by in-building inverters, that create three phase power, in a delta configuration.
Tracing of wires and connections for the DENT units turned up a potential issue of power measurement, which may have been the cause of anomalously high output readings. In the standard configuration of inputs as per the DENT manual (Figure 11), power output was less than power input ( Figure 14). In the configuration used by HES (Figure 12), power output exceeds power input (Figure 13). The standard measurement protocol has L1=black, L2=red, and L3=blue (1-2-3):
The explanation put forth by HES is that the construction of the device has the first leg of the input power influencing the second leg, and so forth, which is the reason for the configuration of the DENT current and voltage sensors. The HES protocol has L1=blue, L2=black, and L3=red (3-1-2):
Note that for the DENT voltage/current monitoring systems, the LEDs on the units have the following meanings: ▪ LED is red—there is a CT voltage phase placement error (or the Power Factor is less than 0.55) ▪ LED is blue—the CT is on backwards (-kW) with the arrow pointed away from the load ▪ LED flashes red and blue—CT is on backwards and on the wrong voltage phase.
[Extract end]
Uber, you have become an authority on the technical aspects here. How do I send to you a full report done by an engineering firm on the tech? It will assist your analysis towards UL certification.
This link has nothing to do with the Court matter being thrown out or damages and costs awarded to Holcomb.
This is Holcomb's counterclaim, they are claiming that there is fraud because they are trying to convince the Court that the $1.5m loan is some kind of vendor financing for Holcomb to purchase the building and hence claiming an equitable mortgage, equitable lien and constructive trust.
To claim relief of constructive trust for constructive fraud you first need to have a legal or beneficial or equitable ownership interest in the property; in this instance Holcomb have neither, there is no contract to prove this and certainly there is no evidence of any equitable mortgage to support these facts.
So how can Holcomb possibly claim to be at detriment in the first instance if they have no rights to the property?
A very flawed Counterclaim: just like the B&K one where Holcomb state that it never guaranteed the generator would work or the patents perform.
Still cannot fund one Project in Africa. Stock price in decline on news of Lesotho. Legal troubles with the biggest investment on its balance sheet, namely the Holcomb generator not working. Executive compensation in question. No revenue. Loss of market confidence. So Eyes, please keep buying.
Astra collecting worthless MOU's in Africa like Junk Bonds, that all other Energy companies and funders have rejected.
Do you know what they are claiming; it's all equitable.
Unfortunately, anything equitable at law is secondary to something which is legally registered.
What is legal, is the Counter Defendant /Plaintiff - Kelmar owns the building, as per the registered title deed, the same party has a signed legal loan note, where Holcomb agrees to pay and return the outstanding sums under the loan agreement to Kelmar.
Holcomb's counter is that there is fraud because they are trying to convince the Court that the loan is some kind of vendor financing for Holcomb to purchase the building and hence claiming an equitable mortgage, equitable lien and constructive trust, but all the evidence points in the opposite direction.
How can Holcomb claim the remedy of constructive trust where they have no legal or beneficial or equitable ownership interest in the property; there is no contract to prove this and certainly there is no evidence of any equitable mortgage to support these facts. So how can they possibly be damaged in the first instance if they have no rights to the property? We watch with interest on how they prove this supported by real evidence and how this amounts to constructive fraud on the real actual owner of the property and lender of funds. It is Holcomb perpetrating the fraud as they always do.
A very flawed Counterclaim: just like the B&K one where Holcomb state that it never guaranteed the generator would work or the patents perform.