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BuddyWhazhizname

03/09/16 1:15 PM

#25776 RE: Tom Swift #25775

And the Mark 6 was never anything more than a mock-up, even when they did still brag about it.

It gets even worse, if you can believe that. Notice mention of "Cyclone's solar trough, and Cyclone's Thermal Storage Units"?

The solar trough was way back when the WHE was first mentioned maybe 2007. They took a mock-up to a local home show or some such, claimed it worked better than PV cells at lower cost and got some interest. Cyclone was then going to put it in production right away. That's when Harry was claiming he could generate electricity with steam at 230 degrees.

The thermal storage unit is new. That seems to be the hook on this deal, that it can absorb solar heat during the day and keep generating electricity at night. At night, when there's no market for any new generating capacity.

So now that not only do the Marks 1 through 6 engines not work and the Mark 7 is in design for that Danish/Chinese promotion, Cyclone's "engineering staff" (i.e., Harry Schoell) is going to be inventing a thermal storage system that will collect enough solar heat during the day to create steam all night.

Boy, the Laws of Thermodynamics are going to be in for another fight. I wonder who is going to win this round?

I also wonder if this new brain trust has figured out that wholesale electricity prices drop towards zero at night? Big power plants at the utilities don't like to be turned up and down constantly, so they produce excess electricity at night.

It does seem, though, that each of these nonsensical press releases is put out during a day just before trading volume spikes. One probably goes out every time a bill comes due that they can't put off. New stock is issued and sold to get some cash. No doubt Harry and Frankie rationalize the practice as being "for the good of the shareholders."

Although it does restore my faith in humanity a little. Harry and Frankie used to be able to con people with money. Now they are limited to only other BS artists.

MTM

03/09/16 4:44 PM

#25777 RE: Tom Swift #25775

Hi Tom -

People are still here? Amazing.

FWIW, I divested my CYPW stock a while ago. I won a few million shares in a lawsuit many years ago, back when it was around $0.40/share. So, I picked up a few bucks.

The guys who owned the shell (Jim DiPrima, Robin Moody, et al) screwed some shareholders and I was one of them. I was able to get the IRS on them as well - that was indeed fun.

Harry was and remains a dupe on the biz side. He was never "in on the scam" but merely provided a corporate facade for the pump -and-dump scam to be played out. Quite a few dollars were made on this in the early days (July 2007-2009).

Clearly, Harry remains blind to engineering as well. When I spoke with him (one time, during the settlement phase) his comportment was that of a typical "basement bomber": uneducated, arrogant, very brusque, thought he was really smart at this stuff, never got the credit he deserved, etc. I recognized the "somatype" quickly and simply dealt with him succinctly and as briefly as possible to settle the issue.

Sad.