Secretive Startup EEStor Worth More Than $1.5 Billion

http://www.wired.com/autopia/2009/10/eestor/#Replay

That doesn't say anything. Mark Cuban was paid close to 6 billion dollars for Broadcast.com and what became of it?

There is one possible reason for EEStor's continued silence and this could well involve Lockheed Martin. The smart grid projects have been classified to an extent even before Obama was in office. Someone could have told them to keep quiet.

http://seekingalpha.com/article/160075- ... smart-grid

http://www.greentechnologydaily.com/sma ... rid-market

http://www.greentechnologydaily.com/sol ... wer-system

If this technology pans out, it is indeed the next lightbulb. Even if the ceramics turn out to be too fragile for a vehicle power plant at this time, a cheap, compact and set/forget way to store any type of off grid or off peak grid power is major. First run specs with 1 million charge cycles before significant degradation occurs makes lead acid batteries look like a stone age hand axe.

Really, it's wait and see. I really can't see the names behind EEStor risking serious prison time for some kind of Zenn stock kickback. I'm hoping if this tech is legit, the feds will make EEStor share the patent rights with all comers for a minimal cost, thus making it widely and quickly adopted.

I'd also recommend against buying Zenn stock as they are parasites at this point and will be a confounding factor in getting this technology spread as fast as it should be.

I wouldn't count on that at all.

...tick tock...tick tock...

Waiting

for

something

to

happen

How long have you bee waiting? How many excuses?

Really, at this point- it is not about excuses and missed deadlines. Only a handful of investors and zen stock holders have anything to gripe over.

The science behind a barium/ceramic super capacitor with almost instant charge times, very long life and battery like storage capacity is possible. EEStore's initial claims look plain outlandish.

So, it's really just a fun game at this point, watching to see if this silver bullet is the real McCoy. And silver bullet it would be. Just the shift from lithium batteries to bulk ceramics coated with barium sprinkles is huge, economically and environmentally.

I also agree that if this technology was everything Richard Weir has initially claimed, someone would have informed the White House by now and EEstor would be front page news. Or for the nuts out there, Weir would have been killed by black helicopters by now. I also agree it makes zero sense for EEstor to be working on the full assembly line before a working prototype.

The fact EEstor had invested so soon into production then suddenly went silent lends itself to guess they encountered a major problem that made this tech unsuitable for auto useage. Either the ceramics are too delicate, the temp range is too narrow, the unit explodes violently on impact or it plain just does not work. Any number of things could have happened.

The notion this was and is a scam is very possible but makes about as much sense as starting a production line before a working prototype. Small initial investments considering the amount confirmed spent and little potential for a big pump and dump since so many eyes are on them. Most scam artist would also steer well away from defense contractors simply due to routine security checks.

So, with a big grain of salt and a lot of cynicsm, I follow EEstor simply because it's the most credible of all the snake oil.

Richard Weir hard at work at his Austin facility...

Back in 2006-08-25 you had more faith when you introduced this thread:



Such bitterness

Dorothy had a lot of faith too when she first arrived at the Emerald City.