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4MR4

06/09/04 7:08 PM

#532 RE: Rager #509

This is so wrong:

>also again our resident basher keeps stating over and over how "the cost of 6 cents per cubic foot is too high, tell that too folks in industry that have no power available to them in remote sections of the world or even underwater like say submarines. I must again bring notice to the fact that they have a sell-able by product that reduces the cost.

Good. Let's take your example. Nuclear subs have gigiantic reactors that drive turbines to produce electricity to power their motors. Whatever they are, they are not without power!

Hey, you think HYVR has any market niche then show me. Show me where it is ever going to be cheaper to generate your own hydrogen with their process than buying it compressed or using propane or butane as a more easily transportable, storable and usable alternative.


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chipotle_pickle

06/09/04 9:00 PM

#535 RE: Rager #509

6 cents/cuft is in in latest 10ksb.

When the company is willing to go on the record with another figure, I will use that instead. But they haven't. The 10Q that would have exposed the revenue they got from the sale of the "marketable byproduct" to be a joke is now a month late. I wonder if we will ever see that 10Q.

You will find that diesel is a better way to get power to subs than whatever metals they were using. But the subs idea is good out-of-the-box thinking. They should have thought about what niches make sense, rather than treating the metals process as a "fits all" solution. In cases where
1 - The per unit volume cost of the H2 isn't very important, since the customer isn't going to use a lot;
2 - The equipment and maintenance cost of the reactor needs to be low, again, since the customer isn't going to use it a lot;
3 - Safety is paramount; the system needs to not leak or burn ever (even in an earthquake, power outage, left unmaintained);
4 - Purity is important.

School chemistry labs and mobile equipment for trade shows or military balloons might be good fits. The problem might be that the "invention" is just such old hat, it can't be made into a product.

All the ideas they ever came up with imagined that the process was energy efficient, which it is *not*. The problem isn't that the management was a bunch of crooks, but rather that the management was sold a bill of goods by *one* crook and then took forever to wake up.

I don't have any patents. But neither does HYVR. And Nevada wont ever dissolve me. Let's see if HYVR can say the same a year from now.