"Within about 14 months, the technology of BlackLight Power, Inc. is expected to go live on a larger scale, and the debate over its value will soon be closed.GIThruster wrote:BLP has never made such a claim, at least not in the 15 years I've been following them. What have you been smoking?
"We are scaling up our first prototype now," a spokesperson for Blacklight Power told me last week. "We will have pilot plants generating electricity in the fall of 2009 and we plan to announce the validators (the first utility companies to test the system) in late August or early September.""
"By 2009 BLP had raised about $60 million in venture capital, and claims to have seven commercial agreements to license BLP energy technology for the production of thermal or electric power to utilities and private corporations."
Where exactly did that money go? Were the guys at Rowans that expensive?
"Rowan University staff have been actively involved with BLP for many years. BLP is described as an affiliate company in an undergraduate report of BLP related experiments. Rowan BLP related research has, at least, been partially funded by BLP  and it has often used materials and equipment supplied by BLP for the experiments. Peter Jansson, a Rowan University Associate professor, has been involved with BLP since at least 1997. He was an executive with Altlantic Energy (a subsidiary of Conectiv in in 1999) when Conectiv invested in BLP. Jansson's 1997 master thesis was related to BLP theories, and he has been a credited author on several BLP related papers including two of the four most recently released. BLP has provided an academic scholarship for at least one of the Rowan University staff that have taken part in the BLP related research by Rowan University."