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INVESTMENT |
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Background From small acorns mighty oaks grow! This project is very much at the small acorn stage. Anyone who is interested in the potential for investment should make contact. You will be kept informed of developments. As and when it feels right to do so, you can become more involved. As a general principle, it would not be right to take investment capital unless and until a specific development phase requires it. At present I am self-funding this project, putting my own money where my mouth is. However, there will be a point at which my own funds will not be sufficient to make further progress. By then I would hope to have something worthwhile to show for my efforts! Development Phases It is helpful to break down the overall project into a number of phases. This will help with planning the schedules and funding requirements. The initial effort will be focused upon the wave generator machine. The overall concept allows for a novel tidal flow generator to be integrated on the same platform as the wave generator. This approach gives a more cost effective installation overall, and hence a shorter payback period. Provision will be made for that integration. The tidal flow generator can almost be considered as a separate development project. The development phases are as follows: I have already produced a scale model and done some initial testing of the wave machine. This demonstrates that the basic concept is valid, and gives confidence to continue. Have identified areas for improvement. To do: 1. Produce another scale model, incorporating the improvements. Test it. 2. Obtain patent. 3. Obtain funding. 4. Further development and refinement of prototype. 5. Deploy prototype, measure actual performance, and apply further refinements. 6. Production and deployment. Note that phases may overlap, and there is likely to be some iteration. Reasons for Investment Of course, you would hope to achieve a return on investment! Due to the relatively new nature of this technology, you should be prepared to be patient. However, money is not everything. We must strive to do good in the world, and hopefully to leave it in a better state than we inherited it. We do not really own the world, not in any meaningful sense. Instead, we are holding it in trust, for the benefit of the next generation. We should strive to avoid despoiling the natural environment. Maybe you live on the coast, in an area which is scheduled to be abandoned to the sea. Probably you are not too happy with the prospect of your house and your land being consumed by the waves. But what can you do? A machine for extracting energy from the waves will also have a beneficial side effect: The rate of coastal erosion will very probably be reduced. It may not ultimately protect your property, particularly as we are facing the prospect of sea levels rising, but it might give you some time. For now, if you are a potential investor, then make contact. You will be kept informed of developments. |
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