
2003 Year-End Report
Date: Saturday, December 27, 2003 @ 20:28:34 UTC Topic: General
"Happy Holidays" from Archer Enterprises! We hope all of you enjoyed a Merry Christmas, and extend our best wishes for a happy and prosperous New Year. 2003 proved to be a difficult and at times frustrating year for supporting and advancing the important work we've undertaken in developing our EDF Generator as a new over-unity energy source. However, we are extremely pleased and proud to announce that we now have a duly-executed Term Sheet and Joint Venture Agreement with our current Sponsor, Dr. Robert Langgons of Icefire Systems, Inc. in Corinth, MI, which should provide sufficient funding over the course of the next 6 to 8 months for us to complete the construction and testing of our prototype 24kw StarDrive Generator.
Dr. Langgons has been instrumental this year not only in ensuring that we've had the resources to complete our proof-of-concept experimentation, the final assembly for which will be incorporated as-is into the initial prototype, but also in making sure that we are current in meeting the substantial expenses incurred in the foreign Patent rights campaign (for the EDF Generator) and will remain so through at least June of 2004. Our profound gratitude is hereby acknlowdged.
It is our feeling that the coming year will be a pivotal one in our esoteric and controversial field of endeavor, and we sincerely hope and intend to demonstrate in 2004 a fundamental breakthrough in over-unity power generation on a large scale – when so few of the other notable developers in this field have yet been able to make any substantive forward strides in promoting their work. We wish all of our "competitors" the best of luck in this respect, for there are very few scientific undertakings indeed that are more important at this time in history yet for which it is more difficult to secure proper underwriting.
For more information about the EDF Generator's simplified electric power output variant, please visit our Power Plant webpage.
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