A booming segment of the Perpetual Motion Machine industry is capitalizing on the hype over the "Hydrogen Economy" with claims to produce Hydrogen for impossibly low cost.

2004-07-01

Too Good To Be True Hydrogen Companies

Summary below.

















Company Claimed Cost How are they doing?
Hydrogenerte 6 cents per cuft or 10X propane Founded by a fugitive on the run from an unrelated charge, they brought in respectable management, led by CEO David Rosenberg, in 2002. The company's old perpetual motion claims are visible now only on the Wayback. In January 2004, Rosenberg resigned. The stock has since fallen to the pink sheets as the company has stopped reporting. Of the companies listed here, this is the one to watch as Hydrogenerate was the first to file for a patent, or announce a sale.
Genesis World Energy $3000 powers a home 20 years. Company is privately held by a few hundred investors, mostly from New Jersey and New York. Claims to the contrary are oversimplifications. Company claims to be trying to sell licenses, but hasn't sold any yet.
Alternate Energy Corporation Below 10 cents per kw sic Good coverage by Sterling Allen. Company has filed SLAPP suit against h2fc.com.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home