Interesting too that each demonstration lasts for less than 5 minutes
of "run time", requiring less than (for the 9 bulb light string) 12
watt hours of power. A 2AH Li-Ion battery costs $12, and has 7.4WH of
power.

If he weren't a fraud he would be a billionare.  Given that he's not a
billionare, he must be a fraud.  He only needs to demonstrate his
device a few times a year to pull in a few hundred thousand in funding
to "complete development" and he can go on indefinitely.  Given a good
NDA, and very tight controls on publicity he can dupe a lot of
investors since they can't publicize the fraud so others don't fall
into the trap.  They also don't want to publicize it as it may hurt
their funds if their investors see how they've used their money.

It's a pretty solid scam.  He seems to have some history in learning
how to run these shows prior to this particular device.

I imagine there's a list out there of things you need to do to pull a
good con.  Such a list might include:
- appear to be a regular person, not an intellectual ("We see an
effect when I turn the coil upside down - it drops in voltage.  I
don't know why that is, but I'm close to an answer")
- drag the con on as long as there's money ("We have a few main
problems, heat, orientation, etc which we now know how to overcome. 
We expect it will take a year and $x in funding to develop the next
generation prototype without these issues")
- Involved all of the target's senses in the demonstration (hot
lightbulb, feel vibrations of coil, scent of overheated electrical
tape, sight of bright light, sound of motors, good catering)
- promise of exceptional [wealth|celebrity|happiness|etc]

etc.

Who wants to take bets on how long until a con artist reality show is
developed?  It'd be an easy trip from American Inventor/Apprentice to
American Con Artist.  14 con artists attempt to trick several judges
into giving them the prize while also foiling their competitors.  The
judges are also reality contestants who believe they are on the
"average joe venture capitalist" reality show and are attempting to
select the best investment available and get the best return on
investment compared to their competitors.  They'll be fighting over
the best con artists, who will be fighting over the best venture
capitalists.

I wonder why the sky suddenly darkened...

-Adam

On 5/2/06, McReynolds, Alan A <alan.mcreynolds@hp.com> wrote:
> Odd that these generators make just the right voltage and current to
> provide stable power for an household incandescent light.
>
> That constant ~75W output ought to make a great battery recharger.  I
> trust this 'inventor' drives an electric car ;-)
>
> ...Alan
>
> -----Original Message-----
> From: piclist-bounces@mit.edu [mailto:piclist-bounces@mit.edu] On Behalf
> Of Mark Jordan
> Sent: Monday, May 01, 2006 7:03 PM
> To: piclist@mit.edu
> Subject: [EE] Energy coil
>
>
> Now that's very weird:
>
> http://www.overunity.com/stevenmark/
>
> See those videos!
>
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