BlackLight Power in Europe.... first commercial license with GeoEnergie SpA

[HysteryDiagnosis]

http://www.blacklightpower.com/


Press Release: BlackLight Announces First Commercial License in Europe with GeoEnergie SpA, Energy Subsidiary of Geogreen - Non-Exclusive License To Produce Up To 750 MW of Continuous Power

[NickB79]

1. Have any of the 6 other commercial licences they've gotten produced energy yet? nt

[HysteryDiagnosis]

2. 7 is a charm....

http://www.ecoseed.org/en/home/6681

BlackLight Power receives its seventh commercial license agreement
BlackLight Power Inc. receives its seventh commercial license agreement with GEOENERGIE SpA, an energy subsidiary of Geogreen, for the production of 750 megawatts of electric power in Italy. The agreement also marks BlackLight’s first license deal in Europe.

[NNadir]

3. If they burn all the paper they've generated, they might actually produce energy. Otherwise

they're out of luck.

They're a classic ponzi scheme.

[HysteryDiagnosis]

4. I see. I was getting hopeful for a minute. n/t

[Statistical]

5. The founder of the company has lot of unproven "theories" which has been debunked

by scienctific community.

http://en.wikipedia.org/wiki/Blacklight_Power

Sounds like a rehash of

http://en.wikipedia.org/wiki/Steorn

These companies popup every once and a while. Investors often have too much money and are always looking for the next huge thing.

[OnlinePoker]

6. Other way around

BLP's been around since the 90's. Steorn's only been around since about 2000.

[Statistical]

7. Ah. I hadn't heard of BLP till now. I guess Steorn just got more media attention.

[HysteryDiagnosis]

8. I guess whatever money he has "stolen" from investors will now be

given to utility companies in the form of lawsuits... for fraud.