RE: Wow phimx14 Mar 2021 12:13
Santiago666: AIM company CEOs tread a fine line between truth and lies, proving a lie is very difficult. Take for example the Inspirit statement that they are working on a 300 kW version, exactly what this is for I don’t know and there have been no updates. What exactly does 'working on' mean? A team of people working on the design, development, parts procurement and testing of a prototype device or men in greasy overalls clamber over a large Stirling engine fitting parts and wiring. On the other hand it could mean JG and NJ scratching their heads and wondering how a Stirling engine works.
Another example I've mentioned previously is:
“At the start of 2020 Inspirit Energy set up the manufacturing and testing site in Poland in readiness to implement the manufacturing and testing of the charger unit”
Is it a multimillion pound hi-tech site or a garden shed, rented for £50 a year ? In fact where is the rent, lease or purchase money accounted for ? Their research facility in Sheffield was a small industrial unit, my money is on a garden shed. You can look at the Sheffield unit on Google street view – very amatuerish and unimpressive . Why keep the location secret, why not proudly display to the shareholders just what they’ve got for their money – unless of course it’s actually very little.
Next
"The Company embarked on multiple applications for the Stirling technology and have developed schematics for the following projects.
? Inspirit Marine
? Inspirit Solar - In-house design
? Inspirit Cooler - Refrigeration system
? Inspirit Motor/ Generator - designed in line with the Inspirit Charger to start the unit and convert electrical output to the grid
Where does this complex original development take place and where is the work force ? Where is the wage bill for all the undoubted talent that is required to develop a world class product ?
But - exactly what is meant by ‘have developed schematics’ What is a schematic ? Some rough sketch or outline of what the device is comprised of or an impression of the finished article – who knows apart from John Gunn!
Since about 2016 when he realised the Charger wasn’t going to be a world class money maker, JG has stretched the story to the limits of credibility. He can simply provide more insight to development and blow all of us derampers away, at the same time raising the share price to make it more difficult for predators to snatch the company away. Why are there no patents on the technology if it is ‘world class’ ? Again he could simply issue a RNS with the numbers to assure his shareholders. But why spent money when idiotic shareholders defend him and his story.
Every RNS open to interpretation, no lies - that would be fraud.
'll bet my money on the Charger never seeing the light of day !
And if you think reporting Inspirit will change anything, you are misguided and naive. The guys in the city have to make their millions from the little dreamers at the bot