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Manunited31
Posts: 194
Price: 0.0625
No Opinion
RE: JAN 2020 Swedish marine engine demonstrationFri 13:40
Maidit308
Only Mon-Friday Left for this 'PROMISED/ARRANGED/PLANNED?SCHEDULED-Display of a Working Prototype'
Horse sh*t
JG has Fraudulently scammed peoples monies, Glad you got out and back in profit-will you keep it IF this crashes, LOL
So Monday-308- I expect you to tell ALL invested here the DAY next week (M-F) this meeting is arranged for !
Lets see who is posting RUBBISH then 308.........I will remind you daily, lol
ReplyRecommend (1)Report P
£80,000
Oldblue
Thing is he is on £60k per annum but what does he actually do to earn it. They have no products no revenue a small amount of staff (not sure what they even do) so what does he do to earn this. Of course he has a vested interest to keep the company going buying a small amount of shares every now and again gives the impression he actually believes in the company. However it seems to have fooled a lot of investors into pumping money in just to pay his salary.
The longer he can keep the gravy train going the more money he will make from private investors.
Oldblue
You assume there is something existing to make the company profitable. I'm sure John Gunn has found the company quite profitable over the past decade or so. The next step is to raise more money for the imminent production. That's your share diluted once more.
The new cleansed web site states 15% efficiency for electrical generation. To gt 6.4 kW out then I reckon you need 42.6 kW going in but the Key Data says the maximum input is 20 kW. How does that work ? In fact 15 % is a far more realistic efficiency for a Sterling engine. So with 15 % efficiency and the maximum input that would give you 3 kW out. BUT BUT
you've paid the Gas company about 3.5p x 20 kW = 70p to get 3kW of electricity i.e. 70p/3 kW = 23.3 p far more than you would pay the electric company. How does that work ?
Someone please explain these riddles. Perhaps you can ask Mr. Gunn at the Annual Meeting. Ask why it seems to no longer use waste heat after years of development and why all of a sudden after years f development, exhaustive testing trials etc it can no longer produce what has been stated on the old web site for a decade or more. Of course no-one has ever seen any results from trials or testing.
Also noticed it is no longer a World Class product !
MR GUNN I KNOW YOU ARE READING THIS - ANSWER THE QUESTIONS
agm on the 30th jan as well none talking about that (on new website) I would rather they didn't spend loads on a fancy website and spent the money on testing and development...
ohh god there talking it down again....right the thing that really gets me is that gunn has what 25% off the shares and is only on 60k a year hes a vested interest in the company to profitable and is not using the company as a personal atm which a lot do....
RNS 3399J 17 December 2015
Remember this: ... "prototype of the appliance has been independently tested and shown to be capable of simultaneous generation of up to 15k W thermal and up to 3 kW electrical output".
There are longer references to using waste heat to run the Stirling engine, they have cleansed !!!
The new web site only has a single reference to to the word simultaneously i.e. "The appliance produces hot water (for domestic water or central heating) and electrical output simultaneously" Note now there are no figures relating to how much is produced at the same time ? It's fair to say it can't do both at the same time and we know why because it was impossible. Strangely it slipped through independent testing !!
So the latest figures show that heat output can be 5 kW to 15 kW max and electrical output from 1 kW to 6.4 kW. Since it can't do both max outputs simultaneously anymore - apparently, because then output would be 21.4 kW out but only 20 kW in and we know that's impossible.
Lets assume we will get minimum electric output when heat output is maximum i.e. 15 kW, a fair assumption I think. So if we burn the maximum gas input of 20 kW that leaves 0 kW for electric because the boiler is only 75% efficient. We cannot obtain the minimum electric out ???? This means if you want full heat output you get no electric, your house is in darkness - no TV either. It also means that you are paying over the odds, 75% is poor compared to a modern condensing boiler. So we need to produce some cheap electricity otherwise we may as well just buy a modern combi boiler. Now Inspirit are saying that their Stirling engine generator produces electricity far cheaper than the National Grid. This begs the question, why don't they ditch the boiler part of the Charger and simply sell the Charger as an electric generator. Customers could then but a combi boiler at 90 % efficiency to provide thermal energy.
All you investors should go to the annual meeting and give John Gunn a serious quizzing. The goal posts have changed again.