‘Free energy’ firm raises €1.1 million

It looks like 15-india-street isn't the only one checking out Steorn's latest financials. Gavin Daly, a writer with The Post.IE, writes his second Steorn article:

Steorn, a Dublin firm that claims to be developing a system that creates free energy, has raised €1.1million in funds amid rising losses.

Gavin Daly was the first to write about Steorn and its free energy ambitions, a few months before their official Economist announcement. In the article Firm strives to extend mobile battery lifespans, Sean McCarthy, CEO of Steorn, compares Steorn's tech to kinetic watches.

Perpetual Nonsense

Along with so many others, The Economist felt it necessary to chime in on Steorn's failed demo. The article is light on any Steorn specific information. I wish these reporters would do more than quote each other, instead maybe they should try to get to the bottom of what is going on?

In many ways we are stuck here waiting again to see what Steorn's next move will be. Some have posted here saying that it's not worth our time to comment on the subject, and maybe they are right. I'm still intrigued. I want to get to the bottom of this, I want evidence one way or another showing us that this is a hoax, fraud, delusion, or real. Instead we have a company claiming the impossible, who is well funded and seeking publicity, and when they get it the whole thing seems to fall apart.

I just don't get it yet.