Member Info for Phimx

What is there to check?

The company makes no money, it sells nothing and spends very little on Development and wages.

I initially glanced through the RNS but from the snippets you've all posted it seems it is a lot more than encouraging!

Very encouraging RNS. Very nice to see good news flow from a company.

Cut and Paste must have packed in at In-spirit HQ.

By the way, anyone know where that is ?

RNS 17 December 2015

It is now 7 years ago In-spirit released these words to investors and the market. 7 years later they still don't have a certified and viable product. Why ?

" The board is delighted to report that the appliance has met or exceeded all internal quality requirements for safety, reliability and durability. This is the successful culmination of many months of hard work by our engineering team. In recognition of this success and commitment, the board has promoted Paul Booker to the senior management team in the role of Design & Development Director of Inspirit Energy Ltd, our wholly owned subsidiary.

The significance of concluding this test phase should not be underestimated given the superior performance of the Inspirit Charger versus the current competition. This coupled with the balanced drive, low noise levels, low maintenance and enhanced durability make this a unique and world-leading product.

Looks like John is not releasing the bad news just yet!

What an awesome deal for Riverfort! They give In-spirit £65,624 and immediately get £5,250 back in shares. On top of that they get warrants for almost 100 Million shares with a value of £42,648 they can exercise in the next 4 years. On top of that they get 1.5% per month on the outstanding debt, equivalent to 18 %APR.

Its a pity the shareholders have to pay with dilution !

It looks like there will be more more pumping of this stock in the near future or does it indicate John Gunn thinks he's has something to offer Volvo in the near future - after all ?

Roll the dice and make your choice punters

No one thinks here !

NEVERENDING DEVELOPMENT - 6 YEARS AND COUNTING !

31 March 2022
During the reporting period, the Group continued to develop its microCHP boiler, Marine engine and Waste Hear Recovery (WHR) applications and were also in discussions with a British certification company Enertek International Ltd

2 Nov 2021
Inspirit are in early-stage discussions with a view to entering into an agreement with a British certification company Enertek International Ltd. ("Enertek International")

32 March 2021
During the reporting period, the Group continued to develop its microCHP boiler
Specifically, the Company has spent time working to refine Inspirit's Stirling technology, reviewing the potential supply chain and detailing the product specifics

30 March 2020
During the period, the Group continued to advance its microCHP boiler and marine engine application with its European partners

29 Dec 2019
During the period, the Group continued to advance its microCHP boiler (the "Charger") closer towards the goal of commercialisation.

13 Nov 2019
Regarding the next stage in the manufacturing process of the 6.4kW mCHP with a 15kW thermal output boiler, the Company has continued with focusing on the improvements to the design of the Company's Inspirit Charger

29 March 2019
During the period, the Group has continued to advance its microCHP boiler closer towards the goal of commercialisation.

28 Dec 2018
During the year, the Group has continued to advance its microCHP boiler closer to towards the goal of commercialisation.

29 March 2018
The DFM process continues to yield several engineering improvements and manufacturing cost reductions whilst others are still expected.
Whilst this DFM process remains ongoing, the Group is now looking to proceed to the certification process

28 Dec 2017
During the year, the Group has been working to advance its microCHP boiler towards commercialisation.
The DFM process is the means by which the manufacturing cost of the technology is reduced through engineering improvements and through improved manufacturability. The DFM process has already yielded several engineering improvements and manufacturing cost reductions and more are expected

30 Dec 2016
This has been another progressive year for the Company where our mCHP boiler is getting closer to commercialisation

I think Oldblue finally saw the light!

First rule: Dont give your money away !

RNS 29 December 21

"The Company is in discussion with an organisation that can modify and re-engineer the heater head that is potentially applicable in the rapidly emerging hydrogen market."

Virtually a year gone by and not a thing to show. Will they have the nerve to say discussions are still on-going in the xmas RNS. Now that would be taking the ****

31 March 2022
During the reporting period, the Group continued to develop its microCHP boiler ...

BUT

According to in-spirit, for the last 5 years, they have been Designing for Manufacture ?

When the design is finalised and tested THEN you can fine hone the details to shave money off the the manufactured version. Of course you can continue developing then one day you produce a Model 2. But first you need model 1.

These guys are full of nonsense, im being polite!

31 March 2022
During the reporting period, the Group continued to develop its microCHP boiler, Marine engine and Waste Hear Recovery (WHR) applications and were also in discussions with a British certification company Enertek International Ltd.

29 Dec 2021
The Company is in discussion with an organisation that can modify and re-engineer the heater head that is potentially applicable in the rapidly emerging hydrogen market.

2 Nov 2021
With the above in mind, Inspirit are in early-stage discussions with a view to entering into an agreement with a British certification company Enertek International Ltd. ("Enertek International").

24 Dec 2020
The mCHP boiler is powered by natural gas OR HYDROGEN and designed to produce hot water

BUT IT WAS POWERED BY HYDROGEN IN DEC 2020 - GET YOUR STORY STRAIGHT

Mannan:

That's an extortionate price, keep your shares !

More dilution coming your way, remember there are 0.5 Billion shares just waiting to be issued.

Final phase, that will be the day !

Mannan:

Don't you have Google ?

And does anyone think forecasts are worth anything but fooling PIs !

Earlofaim:

Unfortunately you are not posting facts. You are simply copying spin from in-spirits web site. I have pointed out the absurdities and ambiguities they write in their many flop RNS over several years and no doubt years to come.

It is a shame you could not use your energies conducting decent research and use some common sense but no it seems the highest level you can attain is the common insult.

What I write will not influence what In-spirit may achieve or become, so stick with your beliefs and put your money where your mouth is.

Earlofaim:

Here is another example of In-spirit nonsense, thanks for posting and allowing me to spot this absurdity.

" Our waste heat recovery (WHR) solution is suitable for any industry; it’s open and scalable ..."

Now, open technology would mean there is no restrictive license conditions and the technology may be used by anyone.

How can that be when In-spirit have previously written they will make more money licensing than selling production Chargers.

More words to fill out space, more spin than substance. Real amateur stuff from the brilliant engineering minds.

Earlofaim:

It's pointless regurgitating in-spirits spin because they still have yet to produce something.

They failed to provide anything to Volvo to demonstrate they have a working system.

They have failed to demonstrate to shareholders they have a working system in 12 very long years

No one believes a word they say anymore. !

Netzeroready:

How many times have you said that. But big then !

How many many time have these make-believe stories been said.

No reality in what rampers say. Keep saying it son, the more the better for me.