ZPEnergy.com - American Antigravity gets 501c[3] non-profit tax status

Approved!

American Antigravity received IRS approval today for 501c[3] non-profit tax status. The IRS review & acceptance process was completed in record time -- a mere 25 days of consideration in comparison to the typical 4 to 6 month processing delay. This rapid approval has raised the question of whether certain elements in government are stepping in to "expedite" the development and release of new energy and breakthrough propulsion technologies. Analysts have suggested that the motive might be related to a growing recognition in government and corporate America of the worsening crisis in energy and transportation that we're currently facing, as well as the recognition that contemporary R&D paths have been unable to provide workable solutions in either of these key fields.

American Antigravity is pursuing a combination of public donations, grants, and corporate sponsorship to fund the development of key Antigravity technologies being developed in a unique, open-source environment. American Antigravity utilizes a "dream team" volunteer-collaboration including top scientists, engineers, and innovators in Breakthrough Propulsion from organizations including the Department of Defense, NASA, Boeing, Lockheed, Janes Defense Review, and other cutting-edge organizations.

In addition to funding experiments, American Antigravity will continue to provide the highest-quality news & analysis on the top stories in Antigravity research & breakthrough propulsion physics, serving as a dedicated media-venue for cutting edge technology research. AAG's primary goal is to become the backbone organization for a new R&D infrastructure focused on developing breakthrough technologies for the 21st century and beyond.

Sincerely;

Tim Ventura
Founder & CEO
http://www.americanantigravity.com
tventura6@comcast.net


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