One of the many reasons to have been a Borealis skeptic all these years is their claim to have multiple breakthrough technologies, not just one (and to have a small fortune in mineral wealth besides). And yet its Chorus Motors technology really has powered commercial jets around the tarmac, and so seems to be real. Alone, and just for airplanes — via the WheelTug subsidiary — that technology could be worth billions. (And what if it found application in cars? forklifts? elevators?)
What if some of the other technologies were real, too?
From yesterday’s weekly update:
Avto Metals/Cool Chips/Power Chips
Our University Research Facility has finished the construction of the structures needed to test the Ev for these structures.
The structures look very good, the build was very successful. We had months of the usual problems associated with such builds.
The Avto Metal™ devices are now in the hands of our lead in-house researcher and they are off to be tested at another University facility.
This is the culmination of about 18 years of work for our scientific teams in facilities around the world.
If the tests show a significant reduction in work function, confirming earlier work that was repeated thousands of times in several laboratories, we will first build additional structures to increase our understanding of the Avto Effect and then proceed to build test PowerChips™. This will be followed by the building sufficient quantities of PowerChips to build probably 100 watt prototype devices, that can be scaled up, to be initially 1000 KW devices and larger. With any luck Power Chips can be a money spinner in probably 30 months, which in this business is tomorrow.
We would like to thank Dr. Hans J. Walitzki for staying with the project for many years and directing the research for the past few years. Dr. Walitzki’s work is much appreciated.
It is now a question of properly testing the Avto Metal Structures to increase our understanding of the Avto Effect and then to build working, standalone prototype devices.
We will see if the last two decades of work and millions of dollars have been wasted in the next couple of months. This is show time for many of our technology companies.
Well, you never know.
(Technically, Power Chips is a public company, another of the Borealis subsidiaries . . . but it hasn’t traded in — forever.)
One thing for sure: Where they say, above, “with any luck,” it would be more accurate to say, “with enormous luck.”
Quote of the Day
Borrow money from pessimists -- they don't expect it back.~Steven Wright
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