|
Project X Update (2)
----- Original Message -----
From: Grant
Romundt
Sent: Tuesday, June 03, 2003 4:09 AM
Subject: Project X Update
Hi Sterling, I hope you are well and this email finds you in good health. Here is the promised update on the status of the Project X Device for June 3rd. When we began working with alternative energy technologies we expected it would take 6 months to a year to identify the best technology available and an additional 6 months to a year to get it into mass production and into the hands of the public. It seems as though everyone from the time of Tesla has encountered just about every kind of delay conceivable. Now, with the Project X device we seem to be breaking all the rules. We are actually ahead of schedule! We anticipated a 12 month or longer development time to complete the Project X technology and to set up a production facility. We also expected needing $2 million in start up capital. Since our last email to you we have had some pleasant surprises. The time needed to complete the technology is now only a fraction of what it was before and as a result the necessary $2 million start up capital requirement has fallen to only $50,000. Here are some of the answers to questions that we have been asked frequently: Q - What is the Project X technology? A - What we can say at this time is that the Project X technology is a Material Science Technology that allows us to produce some products at a significantly lower price than the most efficient competitive process. The calculated difference in cost is up to 95-99% less. In addition to this, we already have buyers that have committed to purchasing as much as can be produced. Q - Is it a viable technology? A - Yes. We completed our first financial feasibility pilot project in mid-May and it became profitable the same day! Q - How is this technology going to help change the world if it is not a clean energy technology? A - It solves the biggest problem that all alternative energy research (as well as alternative propulsion and health research) has encountered in the past. Almost every energy research group that we are working with or have looked at have shared one common problem - there has always been a severe lack of funding. The Project X device solves this problem once and for all. Since we have already spent many years identifying the best technologies available we will now be able to distribute the funding to where it can be best used. So even though this technology does not have a deep social, political or economic impact or have a major impact on the average person it is a critical step that has been needed to bring out one of the most important technological breakthroughs ever - renewable, non-polluting, inexpensive and abundant energy. All of the profits this technology generates will be used to fund environmentally beneficial technology (primarily in the field of energy). One of the other benefits of this technology is that it is a great tool to open people's minds about what is possible because no scientist that is classically trained would say that what it is doing can be done until he/she sees it being done in front of their face measured by their own instruments. They have no choice but to rethink their position on the matter. It is our hope that by doing this it will also open their minds to the possibility of alternative energy technologies as well. We will be ready to send more updates on the Project X Device and other news at the beginning of July. Warm Personal Regards, Grant Romundt For more information visit: http://www.EvolvedTechnology.com/projectx.html
9663 Santa Monica Blvd., Suite 3000, Beverly Hills, California, USA, 90210
Webpage: www.EvolvedTechnology.com Email: info@EvolvedTechnology.com Posted by SDA June 3, 2003 |
|
|
