Member Info for Phimx

RNS 2 November 2021

" We are confident that we should have a prototype in the first quarter of 2022 having all major items of the WHR system complete by the end of 2021."

RNS 31 March 2017

" The Company continued to engage with key launch customers for the Inspirit Charger and prepare for the commercial launch of the product during the period."

RNS 23 December 2019

" With the continued growth demand for electric cars, the board are currently setting up an automotive division to utilise the sterling engine to provide a source of power to charge electric motor cars."

RNS 3 Nov 2020

" The technology will be tested over the next 12 months and if successful may lead to a test of the system in a Volvo engine to confirm the efficiency and output."

17 December 2015

" Enertek will complete safety and performance testing during January and February prior to EC Certification via BSI Certification which involves testing the appliance to European Standards covering gas safety, electrical safety and thermal/electrical efficiency. Once certified to the relevant European Directives the Inspirit Charger will be released for field trials."

RNS 15 March 2016

"John Gunn, Chairman and CEO of Inspirit, commented, "The challenge for the Company in 2016 is to complete the testing and field trial phases and move towards commercial production of the Inspirit Charger by the end of the year. The results of our in-house trials over the past 12 months have given us a great deal of confidence that this schedule will be adhered to ... "

Wonder how long the shipping agent excuse will set back the 'project'

Any bets 1, 2, 3 months ?

I have it on good authority the cable ties weren't cleared to pass through Polish custom!

But they will be sourced from an alternative supply chain and should/might/maybe/possibly/etc. Reach the shiny new workshop in time for Xmas.

What's happened to the rampers? Come on guys make some good stuff up from this FLOP RNS.

Tell everyone how many millions you are buying !

Where is Oldblue ? Gosh I miss those incoherent posts of his.

One of my favourites!

RNS 29 December 2021

2 days before the end of 2021, the following words of wisdom were written !

... and it is hoped that by the end of 2021 all major items of the WHR system will be complete, with a view to having the

Cut and paste and not a care in the world about what it means. It shows a lack of care and interest in In-spirit's affairs and a disregard of investors intelligence.

RNS 14 June 2020: Details on the electrical and the main mechanical systems are near completion

RNS: 29 December 2020: Details on the electrical and the main mechanical systems are near completion

Perhaps they decided they couldn't use this excuse again, possibly roll it out in June, a year after " nearing completion" !!

Latest RNS

.... Inspirit also set up a workshop facility in Poland.

What a bizzare one-liner but a few lines are missing!

We have hammers, metric and imperial. Lots of screwdrivers, a vice, tons of shiny spanners, drill for making holes. In fact it's the bestest Worksop ever.

Scraping the barrell for content now.

"They have gained the knowledge which could be very beneficial to Inspirit in developing a Hydrogen product and our existing products to ... "

Hands up anyone that can name an existing product ???

RNS 2 Nov 2020
“Further to the announcement of 14 June 2021, the team at Inspirit have just returned from a successful visit to our manufacturing partners in Poland, where the team met with our suppliers to finalise the manufacture of the components to build our waste heat recovery system (WHR) for the Volvo marine engine application”
So the team met with the partners producing the components for the WHR system. The probability is these partners are
in Poland, after all this is a glorified boiler and not a billion dollar engineering project. In fact, looking at the accounts peanuts are spent on development each year.

Then why did the shippers have problems shipping from one part of Poland to another.

Do they not have vans in Poland ?

Looks like someone is trying to give the impression lots of buying going on. These buys usually get sold off later for a small loss.

What happened to the In-spirit Helix Accelerator - more innovative than anything currently on the market.

What happened to the engineering teams beavering away on all the other applications for the Stirling technology ?

It appears more of an update for Enertek than In-spirit !

I find it difficult to believe that shippers in Europe would have problems shipping to Poland, a country that has had EU membership since 2004. Also remember In-spirit went out of their way to prevent supplier problems

“To reduce the impact of Covid Inspirit Energy are diversifying our supplier base with multiple suppliers in different countries. If any country has further lockdowns or restrictions we should be able to swap suppliers with minimum impact on our project plan”

Presumably those other countries were in the EU.

Of course you may ask, why can’t copper pipes, wire, valves, temperature sensors, relays, DC power supplies, nuts, bolts etc. etc. not be bought in Poland. If you can’t buy those things why did you go to Poland in the first place ?

Just swap to DHL, everyone else has no problems shipping stuff around Europe

As I said earlier, the latest update is pathetic – here is my justification

The story goes (RNS 26 April 2019) virtually 3 years ago the Sheffield facility was moved to Poland in collaboration with a European engineering group. Just exactly what a ‘facility’ is no one knows.

A year later (RNS 30 March 2020) 2 years ago, In-spirit stated “At the start of 2020 Inspirit Energy set up a manufacturing and testing site in Poland in readiness to implement the manufacturing and testing of the Charger unit. The facility is set up for the manufacturing and testing of our developing technology”

Now the latest RNS says “In late 2021 … Inspirit also set up a workshop facility in Poland”

These RNS should raise serious concerns for serious, by that I mean long term investors, not kids trying to make a fast buck.

What was actually moved from Sheffield to Poland ? In photos and videos of the Sheffield site it consisted of some electrical, gas and water supplies i.e. building services, so they weren’t moved. Also, there appeared to be no testing equipment in view, to verify this world class performance!

Is it actually believable that this European engineering group helping to develop the Charger/Stirling engine has no workshop facilities ? What kind of cowboy outfit is this ?
Are we also to believe the manufacturing and testing site set up by In-spirit did not contain a workshop to build this so called world class product. What exactly is this facility supposed to be.

Or perhaps the simplest reason for this shambles is the author forgot all that had been written before or they just couldn’t be a***d to check what was supposed to exist in Poland in this 5 minute update.

I'm actually astonished at how pathetic this update is. There is no pretence of anything being accomplished, It insults investors.

I'm expecting something along the lines of " the designs have been finalised and we are in discussions with our suppliers to have a prototype built" Of course of that will take many more months followed by testing, perhaps more discussions with Enertek! Then add in some changes to the Helix Accelerator to improve efficiency etc etc. Before you know it Volvo diesels will be museum pieces

RNS 2 Nov 2021.

" We are confident that we should have a prototype in the first quarter of 2022 having all major items of the WHR system complete by the end of 2021."

We are so confident we'll say 'should' instead of 'will'

Not long to go now ! How many times have investors waited for news only to be disappointed again and again