LightSail Energy Closes $37 Million Round

Author:
Keef (scam destructor) Wivanef

Date Posted:
12/18/12 07:31 AM

I call BULLSHIT on this one. Smells like another GREEN WIDGET SCAM! Of course we are all looking for renewable energy improvements but there is nothing new in this idea. Compressed air storage is inefficient, uneconomic and dangerous. Many companies have sprung up claiming to have solved the problems by using an adiabatic process. Nothing ever eventuates except that the company directors get to drive around in Ferraris for years spending investors and taxpayers money whilst delivering nothing but excuses. Warm water is not a rare commodity! If it was really that simple to generate more energy by the addition of a little hot water then you'd be on a winner. Why in the world do you need $37M ? You claim it is a low cost system. Why don't you go ahead and build a few systems and SELL them? (Better mousetrap, beating a path to your door etc.) No, much more fun to be had from a GREEN WIDGET SCAM. Original investors (claim) to be putting in $37M and wait for the dummies to climb on board. Original investors take back their money (with interest) and leave the bag-holders to enjoy the "trough of disappointment" A hype cycle in Gartner's interpretation comprises five phases: "Technology Trigger" — The first phase of a hype cycle is the "technology trigger" or breakthrough, product launch or other event that generates significant press and interest."Peak of Inflated Expectations" — In the next phase, a frenzy of publicity typically generates over-enthusiasm and unrealistic expectations. There may be some successful applications of a technology, but there are typically more failures."Trough of Disillusionment" — Technologies enter the "trough of disillusionment" because they fail to meet expectations and quickly become unfashionable. Consequently, the press usually abandons the topic and the technology."Slope of Enlightenment" — Although the press may have stopped covering the technology, some businesses continue through the "slope of enlightenment" and experiment to understand the benefits and practical application of the technology."Plateau of Productivity" — A technology reaches the "plateau of productivity" as the benefits of it become widely demonstrated and accepted. The technology becomes increasingly stable and evolves in second and third generations. The final height of the plateau varies according to whether the technology is broadly applicable or benefits only a niche market. Of course in the case of GREEN SCAMS - there is never any plateau ......just a trough....with directors snouts deeply in it! (Hat, knife and fork on standby)