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    MPI - Executive Summary updated
    Posted on Wednesday, August 30, 2006 @ 21:45:11 UTC by vlad

    Manufacturers Extracts: "MPI’s mission is to supply the world with clean, abundant, and inexpensive electricity.

    The company is developing technology it calls Magnetic Power ModulesTM. Based upon breakthrough discoveries in MPI’s labs, Magnetic Power Modules are being designed that operate continuously, without fuel, extracting electricity by converting abundant, renewable, Virtual Photon Flux (VPF), an energy source that exists everywhere in the universe. The process will create no pollution. The cost of electricity is estimated to be significantly less than any competing form of power generation today or in the foreseeable future...



    ...Following VPF research in several laboratories around the world, and based on recent breakthroughs in MPI laboratories, prototypes are currently being built that the Company expects will soon receive external validation. The first in a substantial series of patent applications was filed in January, 2005 and was published in July, 2006. A plug-in hybrid car may be modified, to become a prototype powered by VPF for local driving, by the close of next year...

    ...VPF conversion devices have been prototyped in laboratories throughout the world. MPI has a team of outstanding engineers developing pre-commercial generators leading to the development of Demonstration Devices and toys to illustrate the feasibility of practical designs. Prototypes of these could be completed at the end of 2006. One kilowatt Modules aimed at the market for homes and portable generators might be completed in March, 2007. They will be in production by the end of 2007. Modules can be combined for greater power output, in a manner analogous to solar cells. Compact automotive power systems, as well as megawatt modules and small battery replacements, powering cell phone and laptop computers, will follow...

    ...
    Funding Status

    MPI and RTS together have raised a total of more than $7.6 million in capital from private Angel investors. Of this amount, over $4 million was directly, and another $1 million indirectly, invested in RTS. Additional funding has been provided by four completed U.S. government contracts related to Ultraconductors. A $5 million investment and an unrelated $6 million commitment are pending. A Strategic Partner has signed an agreement to provide an additional investment of $5 million to support early, pilot plant, production of Magnetic Power Modules in cooperation with MPI. "

    E-Mail: magneticpower@gmail.com

    Read the whole document here: http://magneticpowerinc.com/exec.html

     
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    "MPI - Executive Summary updated" | Login/Create an Account | 14 comments | Search Discussion
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    Re: MPI - Executive Summary updated (Score: 1)
    by mach946 on Thursday, August 31, 2006 @ 10:22:17 UTC
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    Once again there are a lot of coulds and shoulds in thiere article. Bottom line is this: If you have a viable product that you truly believe in, then the word could and should, cant possibly used to say when it is commimg to market. Just do it! I still believe MPI will come up with the same old lame excuses that Thom Bearden came up with regarding his MEG. i.e. "We need more funding" or "We need to study this thing so we can explain the physics" or the " Powers that be have threatened our families, so we are supplying you with the blue prints to carry our gift to humanity" ad infinitum. and the most famous excuse is the perpetual deadline when thes devices should hit the market or production. It's always next year or the end of next year! When will it end?



    Re: Re: MPI - Executive Summary updated (Score: 1)
    by techmac on Thursday, August 31, 2006 @ 12:47:54 UTC
    (User Info | Send a Message) http://www.geocities.com/mgmlab04
    mach946, from what I understand after reading over the many concerns and experience of MPI, Steorn, and MEG is that their goals which besides bringing the world cheaper energy, is to protect their intellectual property. Because their devices are tapping into the same energy that flows into everything on earth and space, yet is unseen by the earth's blind intellectuals, we have a problem.
    The force unrecognized by the masses of scientists and engineers described as the virtual photon flux (VPF) is not the same scary 'perpetual motion' that scares them away. But they do not know that.
    And since their are people in government who are of the same un-education, there is a problem getting solid patent protection for these new energy harvesting devices. Without solid IP protection, investors are very nervous about putting up the required cash for product development.
    So, mach946 I see your concern, but I believe they are doing the best they can considering that they are world pioneers in this new energy field.


    ]


    Re: Re: Re: MPI - Executive Summary updated (Score: 1)
    by mach946 on Thursday, August 31, 2006 @ 14:04:00 UTC
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    MPI, Bearden, Steorn, Bedinni, ETC will all fail as long as they try and secure a patent in the OIL BASED countries, i.e. USA, Britain, Russia, etc. The USA for example has a law that enables them to put a gag order on any disruptive technology for fifty years. When I say disruptive IM talking about financial. These countries generate a huge amount of revenue via taxation that supports government programs from Military, public schools, medicare, social security, etc etc. Now if these inventors are that naive to believe that these government institutions will stand by and let them supplant oil with a technology that cant be taxed they are crazy. Insanity is doing the same thing over and over and expecting a different result. That is what all these inventors have been doing, thus there true reason for failing. You cannot try to implement technology of this nature in countries already established in centralized ways of producing energy! It wont work. They have to go to countries that dont have a vested interest in centralized energy. Until they get that simple concept in theire heads, they will continue to have perpetual time lines and excuses for not being able to mass produce thes inventions. MPI will fail because they do not realize that our government is the biggest mafia on the planet.


    ]


    Re: MPI Executive Summary, energy taxation (Score: 1)
    by modernsteam on Thursday, August 31, 2006 @ 17:21:39 UTC
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    Wrong, mach946!!

    There are various ways of taxing other than the energy itself.

    1) As I mentioned on another web-site, use a F-E vehicle's odometer reading, and figure, through legislation, a tax for the distance travelled over, say, 12 months. On renewing one's motor vehicle license, that's the time to also pay the tax on the distance travelled. Not really rocket science.

    2) I would imagine home generators could be licensed, and have a meter on them. The TAx would be based on the meter reading. Possessing unlicensed generators would be illegal under such a regimen. One would not be paying a tax on the VAcuum Energy used, because that is free. Instead, the **SERVICE** of the generator would be taxed.

    Notwithstanding the above, I'd hate such a tax. You'd not just be taxing the middle class and the rich, but also the poor who are ill or frail, who may, for example need the electricity to run an air condtioner just to stay alive.

    Hal Ade


    ]


    Re: Re: MPI Executive Summary, energy taxation (Score: 1)
    by mach946 on Thursday, August 31, 2006 @ 18:41:05 UTC
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    I think not. The tax scheme you propose is for honest people. What about countries that as I have stated previously have no vested interest in a centralized energy infrastructure, countries that do not have to replace tax revenus lost to such inventions.They would take advantage of our need to tax by giving theire citizens a break by not taxing them for energy, then they would produce goods and not factor in the energy to produce those goods thus selling at a cheaper cost. eventually we could not compete economically. What you prppose is the equivelant of taxing rain water that collects in a persons back yard pale. You cant tax what is freely given to us via nature.Why do you think Nikola Tesla and Westinghouse parted ways? Westinghouse knew he could not meter and charge for the enrgy concept Tesla proposed! Sooner or later your device would be copied and it would eventually circumvent any metering you propose. That is why centralized energy producing countries loath such technology. It would be too hard to control, and you know it. I guess if someone invented solar panels that could capture all spectrms of light and convert it into electricity and be 99.95 % efficient, the government would tax light from the sun....NOT! People would disconect from the grid so fast the utilitiy companies wouldnt know what hit them. Centralized governments have spent billions to stay centralized, i.e. hydoelctric dams, nuclear, coal, natural gas power plants etc. Our governments have known about free energy technology for decades, and yet they shelve it, and maintain the status quoe. Why do you think that? If it was easy as you indicate it to be, they would have switched gears long ago. They have money invested in cetralized energy producing projects, and they expect a return on there investment, and if you think you can convince them to take a loss, then your wrong.they will go to war to prevent it. Why do you think we are in IRAQ? Dont get me wrong I want this type of technology to come forth and be massed produced! IM tired of our youg women, and men going to war for a cause that is dying. IM tired of seeing humanity not venturing to the stars, or just being able to produce abundant energy to desalinate and purify water for everyone, not just the elite. This type of energy would be a boon for all. I just believe that your route along with bearden et al is wrong and you will fail. 2008 will have come and gone, and you and the others will still be singing the same old sad song. I truly hope you prove me wrong though.



    ]


    Re: Re: Re: MPI - Executive Summary updated (Score: 1)
    by seanu on Friday, September 08, 2006 @ 04:51:21 UTC
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    Intellectual proprty laws amount to nothing when the individual is concerned.  If this technology taps into an existsing energy source (which it must do) then the only thing that can be patented is the mechanism to extract said energy. 

    I know of no law that prohibits the reverse engineering of a product for ones own private study and use.  All laws are designed to protect the exploitation of a market by giving the patent holder license to exploit the mechanism for 20 years.

    Two interesting things can happen when MPI, Steorn etc release their products for sale.

    1) People can and will reverse engineer the technology to understand the underlying principles of their magic machines and thus the mechanism will be understood, theories built upon it and new mechanisms made to perform the same function.

    2) being that they are tapping into an energy source, MPI et al might be able to apply for an extraction license in every country, thereby privatising the energy source and illegalising legitimate private individuals who make their own energy tapping mechanisms based on (1).

    With ill-educated goveners, as techmac suggests, (2) above might be a possibility if the goveners believe the mechanisms for extracting energy actually creates energy; in effect through the patent process MPI could gain a monopoly on all "free-energy" (or energy-transducer) devices.




    ]


    Re: MPI - a monopoly is not possible! (Score: 1)
    by Overtone on Friday, September 08, 2006 @ 07:55:45 UTC
    (User Info | Send a Message) http://www.magneticpowerinc.com
    There are a huge variety of technologies that can tap VPF.

    Think of car engines. Nobody can possibly obtain a monopoly.

    We are developing at least a dozen diffenernt designs ourselves.

    There are hundred, if not thousands, of probable designs that are patentable.

    This is the beginning of a huge new industry. There will be many companies inventing and producing designs that help us to supersede fossil and nuclear fuels asap.




    ]


    Re: Re: MPI - Executive Summary updated (Score: 1)
    by modernsteam on Thursday, August 31, 2006 @ 18:38:07 UTC
    (User Info | Send a Message)
    Yes, mach946, "there are a lot of 'could's and 'should's in [their] article". And I would'nt have given any time lines, because it draws the kind of unproductive criticism you've just given.

    But it's also unfair to imply they don't need any more money. They've barely moved from the US$7 mill. level sInce 1998, when I bought my shares. But, any industrialist will tell you it takes a lot more than US$7 mill. and change to develop brand new technology to the engineering prototype level, mainly, I would gather, in salaries; engineers and scientists don't work cheap, if they're going to be at it 40 hrs./wk minimum. And there's more very costly lab equipment to buy - big bucks right there. Sorry, mach946, but I'm surprised at how little MPI has - a bit more than US$7 mill. is just a shoestring. How about US$30 mill just for starters, when you're considering:

    a ) completing the patenting process -world wide
    b) hiring full-time staff for 24/7 operations, some with 6-fig. salaries
    c) machine shop work - mucho dollares there!, and building and testing
    several lab-level prototypes, just to derive the maths empirically
    d) paying for the validation - not done for free
    e) travel costs for demonstrations

    The above are just some of the unavoidable expenses.

    Now if I were a big investor,- and I'm not -, I'd be watching the accounts to see how the funds are spent. Having signed an NDA, I'd be visiting the shops to see work in progress. Were I satisfied, you'd not hear a peep outta me. Investors don't shout to the highest places what progress is being made, because that would surely tip off potential IP cheats, and there would go their investment. And that's why only Mark is talking about progress, and he's careful to speak only in general terms.

    Mark expected much more funding over two years ago, as did I. I would think if that were available to hire knowledgeable staff full time, 24 hrs/day, 7 days a week, we would truly have had the self-running engineering prototypes ready and demontrating by the beginning of 2005 to those who could put in the extra US$ millions needed for the production prototype, pilot plant etc. This is "chicken and egg". The money is needed to build the self-running engineering prototype. But the money may not be there unless the engineering prototype is running to the satisfaction of the potential "BIG-BUCKS" investors.

    And those maths I mentioned? That's where much of the US millions would be going: to pay for the lab equipment and the engineers and scientists to develop the maths equations which don't yet exist in the literature, and are so new and so complex, they can't be derived by theoretical deductions alone. It'd be one empirical experiment after another, noting the input and output data as tables of values in lab books, just as Faraday, Ohm, Lenz and Planck did, and just as unpaid students do today in schools and universities. It's too new for computer simulation, because there's nothing yet on which to base a computer simulation application, hence the multi prototypes. Finally, after paying the professional, technical, and support staff salaries for their ernest efforts, one gets (probably differential) equations which see-ee-ee-m to work ... we hope, because, of course, one does the reverse of what one has been doing: test the equations by more empirical work with many different sets of values. When one finds the equations which do work, of course, one keeps them secret, because of the money and sweat equity spent to derive them. That's how Steorn said they did much of their work, though they still do not understand the phenomena they're getting as well as many members of our F-E "community" do; I doubt if they have a suffcient understanding of Quantum Physics to even hypothesize how their device may work. But I have every reason to believe that MPI does, and I'd hazard a guess that MPI is doing their work much like Steorn:

    1) use good engineering practise in trial and
    error empiricism to derive the maths (kept secret, of course)

    2) start with these brand new maths, and test them empirically
    with many value sets, to validate these new maths

    3) if the maths test correct, use them to quickly design and
    build more productive (usually more powerful) versions
    of the engineering prototype

    As I said, the above "works of the mind" are very, very expensive in terms of salaries and utilized lab equipment - no getting away from that. US$30 mill. for that effort is not unreasonable, when other companies have spent far more to achieve far less. How much was spend by Microsoft to develop Win XP? (about which I'd have a few things to say...)

    Could these maths and other developments in F-E get the Nobel prize in physics? If they're published, I believe so, if other F-E invention teams don't beat them to it.

    Hal Ade.




    ]


    Re: Re: Re: MPI - Executive Summary updated (Score: 1)
    by mach946 on Thursday, August 31, 2006 @ 21:49:39 UTC
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    All good points, and valid they are. Yet you are still not addressing the main point, and that is the fact that this technology has existed before and was shot down by governments that have a vested interest in centralized energy production, energy that can be taxed. I totally understand what you are conveying with regards to bringing this new technology to market. But do you understand the inertia you and those before you are encountering trying to bring such technology to market in countries that are predicated on centralized energy? I stated earlier that the United States has a law that enables them to put a gag order on such potentially economically disruptive technology, as I would assume other countries like Great Brittain, Russia, etc do to. What are you prepared to do to get around such measures? How are you prepared to go up against countries like the United States and others who will gladly go and start wars just to control oil? Countries that will spill the blood of our most precious asset; our young men and women in the military, who are sent to wars predicated on controlling oil? You can apply for all the patents you want, but if it is in countries predicated on a centralized way of producing energy, you will fail.
    Just like Tesla, and all the others. IM interested in how you will get around this. It's not the lack of physics describing such an invention nor is it anything else you pointed out that will slow you down. It's the institutions that have an idea of when such devices shall be mde available that you have to address, and you have not done that. Until you figure that out you are destined to fail. Look at all those before you.2008 will have come and gone and I will say it again, and nothing will be on the market...NOTHING! until you guys figure out how to be just as ruthless and covert as our governments are. Remember what I said 2008.


    ]


    Re: MPI - Executive Summary updated (Score: 1)
    by modernsteam on Friday, September 01, 2006 @ 10:25:03 UTC
    (User Info | Send a Message)
    Given that you have at least accepted the viability of funded R & D in Vacuum Energy, I agree with you on your points on governments finding energy a useful source of tax revenue. If I understood you correctly, you felt that governments could not find a replacement source of taxation to replace energy. I disagreed, and suggested alternate sources, including motor vehicle odometer readings, which could be "spot" audited by inspectors more easily than income tax returns are.

    You will note, though, that I was replying to the first of your messages on MPI, which seemed to insinuate that asking for funds for F-E R&D was somehow almost a scam. What I inferred from your message, was that the technology, in your view, did not exist, and that therefore, no funds should be solicited for its development. I reiterate that I agree that governments, some big corporations, criminal organizations, extreme religious aggregates, and "control-freak" physicists and other so-called scientists would try to quash F-E development almost at any cost. But some of us will try for F-E anyway, it's just that now we have a bunch of us who can fight together.

    I don't know what you mean by the apparently auspicious year, "2008". Whatever it is, it should not mean that we should not at least attempt to implement F-E technology into the hands of ordinary people as soon as possible. Some of us will put our "neck on the line" and, to the best of our ability, fight any opposition to get F-E into place. I think I can speak for many others in the F-E "community" when I say that we will not simply give up and endure an oncoming hell. Yes, a sort of war may be coming our way, and to answer your concern as to how we'll "get around" the problems emanating from that war, I quite frankly don't know. But we'll have to fight it, for the sake of the world's people, and the potential of a better life for all, except for the rich, who would simply be less rich under a F-E regime.

    Hal Ade


    ]


    Re: Re: MPI - Executive Summary updated (Score: 1)
    by mach946 on Friday, September 01, 2006 @ 10:56:19 UTC
    (User Info | Send a Message)
    What IM trying to convey about 2008 is the following. You indicate that in 2007 some of your devices should be produced and in the hands of some folks whetehr it be a toy or something else. I am being generous by saying it wont happen, thus my saying 2008. It's just like when Bearden claimed his MEG would be rolling off the assembly lines. It never happened. As I stated then. Why come up with deadlines when you know full well the obstacles you face. Why not nail them down before claiming when you will produce something. This is where the severe sceptisism comes in. Is it any wonder no one wants  to invest in such technology? Would you, after seeing time frames being habitually pushed back, and suplanted with excuse after excuse? I hope you succeed, but I already see what you dont see. You even admit that you dont know how to get around the potential war that will confront you trying to bring this device to market. It is this lack of knowledge that will stop you. The centralized governments already have a plan to contend with such schemes.That is why they prevail. It is not the lack of mathematical formulaes, or physics describing your invention, or money that will kill your device. It is your lack of approaching this like a war, because that is what it is! Can you come up with a plan to infiltrate and tople governments stronghold on selling energy in a centralized way? If the answers is no, then you realize it will not bear fruit. IM just being real, and presenting you with the biggest threat you and the others rarely talk about. You indicate you will pour your necks on the line, that is a noble cause but our governments could care less, you see how they waste our youth on foolish wars to control oil. I believe in fighting , but fighting wisely. You cant beat the centralized energy producing governments head up. You have to infest them in a covert way like a virus, by the time they figure out whats happening its too late! They would have to kill too many people to put the "Genie" back into the bottle. Then they would have to embrace it. Godd luck.


    ]


    Re: MPI - Executive Summary and Deadlines (Score: 1)
    by modernsteam on Friday, September 01, 2006 @ 11:16:43 UTC
    (User Info | Send a Message)
    Those are not deadlines I contrived. I'm just a very small investor in MPI, and under the rules, would not normally have been permitted to invest, since I do not meet the criteria for an Angel Investor. Quite rightly, I exercise no function, let alone any control, in the company whatsoever.

    I believe that MPI is doing an excellent job with the funds they have, but I also said in a previous message that I believed MPI would have met their own published deadlines for a working self-running device had the funding they expected been realized as fact in a timely manner.

    Hal Ade


    ]


    Re: MPI and RTS - Capital Desired (Score: 1)
    by Overtone on Friday, September 01, 2006 @ 00:25:17 UTC
    (User Info | Send a Message) http://www.magneticpowerinc.com
    We believe we can utilize $100 million USD in MPI, but would like most of that to come from revenues and other non-dilutive sources of funds.

    More than the $30 million you mention is presently pending.

    All high tech firms in the U.S. without revenues have had great difficulty raising capital since the dot.com crash. It is beginning to change, but not as rapidly as we would like.

    We can utilize another $100 million to accelerate Ultraconductor development. $18 million over the next three years will get us to wire. That should trigger substantial license revenues. Some substantial Ultraconductor transactions are also presently in the hands of potential large funders.

    The most urgent need is modest additional working capital from Angel investors who meet the Accredited Investor rules of the SEC. If they are U.S. citizens they need a net worth of $1 million or more, or an income of $200,000 USD. In Canada, each Province has its own requirements.  Tthey usually require a smaller net worth than is the case in the U.S.

    Mark




    ]


    Re: Re: MPI and RTS - Capital Desired (Score: 1)
    by modernsteam on Friday, September 01, 2006 @ 10:32:15 UTC
    (User Info | Send a Message)
    That's good, Mark. Glad to see the funds at least pending, and we hope the "pending" becomes reality.

    By the way, I listened to Steve Krivit's interview with Sean McCarthy of Steorn. Mr. McCarthy said the output of the Steorn device is wholly mechanical. Obviously, ordinary electro-mechanical engineering can put a glorified reciprocating "electric shaver"-type generator on that, and make some "juice", albeit with losses, unfortunately.

    Hal Ade


    ]


     

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