The volcano Mount EEstor
has been observed spewing ash for the first time in months and apparently we
can expect critical third party test results in a few weeks. This surely means that a working device has
been delivered to the testing facility.
As an old market hand, it is pleasant
to see strong upward buying pressure appear in the shares of Zenn. Someone always knows and pre arranged
subterfuge will always alert insider buying somehow however careful everyone
is. (wink wink)
In fact I take little seriously
in a closely watched situation until the pigs show up. Well folks, the flag has been raised and it
is safe to assume that the game is on.
Followers know just how
extraordinarily important this work is and its success will simplify the
transportation industry overnight. Let
us hope they can now deliver as the wait while unsurprising is always trying.
EEstor’s ultracapacitor technology seems to have been on the verge of
being released for years now. The Calgary
Herald reports that we may not have to wait too much longer to see if it is
real – Zenn and the art of electric batteries.
Like other companies selling alternative transportation in an
oil-dependent world, Toronto-based Zenn has suddenly become a sexy stock. Its
shares have gained 81 per cent over the past three months on the Toronto Venture Exchange
despite the fact the company has yet to post a profit.
Thing is, Zenn could soon be much more than sexy. It could be downright
disruptive, turning the automotive industry on its head.
Sometime over the next several weeks, a privately held and
ultra-secretive company named EEStor Inc., based in Cedar Park , Texas ,
is expected to release the results of independent third-party testing of its
electrical-energy storage unit, which aims to replace the electrochemical
batteries we now use in everything from hybrid cars to laptop computers. EEStor
says its system, combining battery and ultra-capacitor technology and based on
modified barium titanate ceramic powder, could power a car for 400 kilometres
with regular performance. It claims the unit would charge in a few minutes and
weigh less than 10 per cent of current lead-acid batteries for the same cost.
If it is proven to work, EEStor, and its equity and business partners,
including Zenn and U.S. defence contractor Lockheed Martin Corp., will have a
technology that could change the transportation industry, with implications for
renewable energy and any sector that needs electrical energy storage
technology. …
EEStor has said it expects its technology to be commercially ready
within six months. “This is not small potatoes here. If this works, it really
changes the transportation sector,” says Massimo Fiore, an analyst with Versant
Partners in Montreal .
4 comments:
The phrase "perpetual motion device" is not applied only to devices which could never exist-- which are impossible. The term is also applied to real-world devices for which perpetual motion type claims are being made... like the EESU.
The "foolish" ones here are those insisting the phrase "perpetual motion device" can only apply to non-existent things. The foolishness is in committing the etymological fallacy.
You are referencing an old article!
This is old news.
correct the article. you are referencing years old news as if it were fresh. wake up.
It is possible Google Alerts has grabbed an old item. Thanks
The long lapse in news allows that unfortunately
thanks
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