Member Info for Phimx

Maidit: You wrote.

" we will soon find out i suppose which way the wind will blow'' I'm not desperate or anything like that, as i have only left 100 quid's worth in this to see what happens, but would like some answers soon, and certainly not from the trolls who is bias to the extreme, and has made there position clear thought the years without trading it like everyone else or owning a single share."

We can all see the trolls were absolutely correct in their appraisals of this company. You were totally wrong and if we are to believe anything you write about your holdings then you have lost a lot of money. You have previously state you bought lorry loads years ago when the price was around 0.7p.

Shame you didn't heed sensible advice. Personally I still think you have lorry loads and you are still desperately hoping to get something back, Good luck

Maidit:

How many times do you have to be told, there are no patents for the mCHP or WHR. What original patents there were lapsed years ago.

Maidit:

" I still say JG has been gotten at'' by EQT ..."

John Gunn could simply produce accurate and informative technical performance figures, written by one of the consultants for the project, the world would fall at his feet to back this project. He would become a very rich man along with many shareholders but he's pulled the plug and this company will disappear from AIM shortly along with what's left of your money. You describe it as a sting, I describe as an eternal project. There is just enough substance in the project to provide a veil of credibility. Although i doubt it would stand up in court if shareholders were to bring actions against those involved.

Salvage what you can and get out with something before it drops further. This is certainly another AIM write off and unfortunately another win for the derampers - ignore them at your peril !!

LEARN FROM THIS LESSON

Maidit: You write " ,,,,with all those contracts he has been feeding us with over the years ..."

What contracts ???

You've been fooled by the waffle RNS. You were told many times over many years but you chose to ignore common sense and instead believed in the obvious spin and waffle.

You continue to believe in the spin in your other shares and ignore the good advice given by others.

Your choice your losses!

Maidit:

The only thing you know is what's been told in RNS. As I've pointed out many many times those RNS have absurd, amateurish, cut and paste and evasive on technical detail.

John Gunn will let this die and olong with it the truth of this project t

Maidit:

This site is becoming difficult to use on my phone !

Won't waste anymore effort tonight

Maidit:

You write: "but what we know so far'' for the last year is that the TECH work 99.9% after 3 years of testing''

You don't know anything of the sort. Simply -if it works why would you then give up on th

Maidit

You will dream until they switch off the lights. You seem to be suggesting the last RNS was to mislead investors

Into parting with their shares so that they can be bought up in readiness for THE big RNS.

I think not, your money is going. You have ignored and derided my posts for years, this is where you lorry loads of shares turn to dust. You seem determined to throw your money away!

Noferkinamesleft:

I'm shocked, who would have thought it?

Buffalo:

No, only one sale but an OPTION to buy more. Who is going to buy

an old clapped out Disenco Stirling at £150,000 each?

As someone has already stated it reflects badly on EQT dealing with INSP, particularly after this last pathetic RNS.

RNS 16 March 2023

" John Gunn, Chairman, commented: "The board of Inspirit has no doubt that the technology the Company has developed could have a significant impact on applications within the automotive industry where manufacturers seek to enhance performance from the recovery and electrification of waste heat. The commercial potential would seem boundless and Inspirit is extremely optimistic about the commercial prospects for the business. To the best of our understanding, we remain unique in this space at a time where manufactures of combustion engines are seeking to create more efficient engines for commercial vehicles. "

How many of you bought in because of statements like these ?

Ian12:

Ask yourself " what is a product ?"

I think I've mostly said they have no viable product. The sad fact is what junk they do have could be sold on to others, perhaps in the States, to create the same endless development. There are thousands of naive, gullible people out there waiting to through their money away in the hope of getting rich. This company must have about a thousand private investors, each having lost significant money based upon the RNS that promised so much. Even now after the latest RNS they still buy in desperate for a miracle. Any money the company can bring over the next few months will be owed to others e.g. EQT, GIS or John Gunn. You can be sure the PI won't see a penny.

Where did all the money go ?

Ninetails:

That's not how the world works - unfortunately. Government/our money is given to far too many undeserving companies by people who are easily fooled.

As for investigations, why should anyone get of their seat and create a stir that no one cares about. They're all too busy making money.

RNS 26 April 2019:

" Improvements to the current charger includes:

● Further simplification as part of the 'design for manufacture' ("DFM") process,

● Enhanced manufacturing processes used in the further development of the Charger, in particular the new casting which was developed using the 3D printing method. Where possible, welding has been removed to reduce welding failure,

● Unit base & support frame is made from a single bio-degradable plastic composite,

● Other new composite materials that are awaiting classification, will be used in the manufacturing process.

The above improvements have attributed to:

● Cost savings achieved across all elements of the charger unit.

● Electronics will use more cost-effective systems

● The drive system will consist of a single offset crank, leading to less components and more cost efficiencies,

● Materials - steel, composite plastic and metal derivatives.

● Single interface on the boiler that will provide greater ease of use

● Non electricity grid start reliant that can use a 12 volt start option

The above improvements and efficiencies have provided the Charger with peak electrical output in excess of 6.4kW of electricity during a running cycle of 2,000 hours against the unit's previous output of 3.0kW, whist maintaining 15kW thermal output and a 20% reduction in the size of the appliance to below 800mm.

The Company has also embarked multiple applications for the Stirling technology and have developed schematics for the following projects

● Inspirit Marine - currently in discussion with a large car/marine engine manufacturer to develop a unit for the shipping industry with current output of 11.68kw.

● Inspirit Solar - In-house design, incorporating the new development of our Stirling engine

● Inspirit Cooler - Refrigeration system

● Inspirit Motor/ Generator - designed in line with the Inspirit Charger to start the unit & convert electrical output to the grid.

Wow - wonder how all those projects and progress have progressed to commercialisation.

Five and 1/2 years of hard work by the brilliant engineering minds to produce ABSOLUTELY NOTHING

Laura2022"

" I assume this makes Van more attractive? "

Why ?

Maidit:

Of course it's just another example of their inability to back up their words with the action. We are on the verge of going into the fourth quarter of 2024.

Back in August 2023 they actually said

" During this period the team have continued to carry out longevity testing on stage one and two of the WHR system and it is now projected that should be completed by the 1st quarter of 2024."

Yet another example of failure to deliver, its endless !

Maidit:

And, their previous announcement was in the final result in Dec 2023 and said

" The team have continued to carry out longevity testing on stage one and two of the WHR system and it is now projected that should be completed by between mid to end of the 2nd quarter of 2024."

Maidit.

If you read the snippet you posted with a bit more care you will note it relates to the longevity testing only. The last sentence simply states when the WHR is finished it is meant to produce 131 kW of something! Essentially it says when it's finished it will be finished.

" The team are aiming to complete stage four over the next few weeks. They will then continue to carry out longevity testing of the WHR system. The company is still on track to complete this task on the projected timeline between mid to end of the 2nd quarter of 2024 as per our previous announcement. On completion of the WHR system, the unit is targeted to achieve its intended peak performance of 131kW "

So the reality is no date has been given for completion for the WHR system !!

" The company is still on track to complete this task on the projected timeline between mid to end of the 2nd quarter of 2024 as per our previous announcement. On completion of the WHR system, the unit is targeted to achieve its intended peak performance of 131kW."

Companies can print virtually anything they want.

When all said the only thing that has value is their actions! Time and time again In-spirit don't back up their words with actions and that is the only thing you need to know and believe in !

Maidit:

" ... but there is always that FOMO if it does reach the final product, and ultimately commerciality with lots of contracts in this energy hungry world we now live in."

The many years you spoke of were during the so called development of the Charger. Remember it, the mCHP world class product were supposed to be building ..... where is that now?

In-spirit have simply switched to another endless project and are following the same path but with less enthusiasm from naive private investors.

I note you are beginning to feel less supportive as the Volvo trial disappears further into the distance. The company has little to say because there is little taking place.