I came across a new website called Ning, which allows anyone to set up a custom social network, like Facebook or MySpace. I've set up Free Energy Trackers for all of us who are interested in what is going on with Steorn. Our first members are Dr. Mike, Sean McCarthy, and myself. Join and connect, and maybe we can figure this out together!
On November 22nd, Steorn submitted another allocation of shares document to the Irish Government. Steorn raised another 1.08 million Euros. Three existing investors, Eamon McKinna, James Murphy, and JJ Sullivan bought a total of 661 shares of Steorn for 1640 Euros each. These three are the top investors in Steorn, investing more than a combined 9 million Euros. Thanks go to 15-India-Street for pointing us all to the latest allocation of shares document. Note that nleseul also mentions that Steorn's annual return has been filed, but has not yet been scanned for all to see.
Along with 9 other gadgets, Wired has selected Steorn's Orbo as one of the 10 Great Snake-Oil Gadgets. From the article:
... File this one under deluded: enthusiastically setting up a public display, the inventors were humiliated when it failed to operate. But wait! Steorn gave its deal to 22 scientists who'll "validate" the device. Don't hold your breath, chaps. ...They seem to have sided with Dr. Mike on their opinion of Steorn.
... Think it might be real? For the love of Liebniz, get a freakin' clue: if it looks like a toy and the net gain is almost imperceptibly small, you're selling a measurement error. ...
As seen in this picture from Steorn's most recent press release, Irish President Mary McAleese visited Steorn in early October as part of the Bolton Trust 20th anniversary celebrations. Steorn Executivees Roger Hatfield, Sean McCarthy, and Richard Walshe stand beside President McAleese in the photo.
(Photographed by David O'Shea)