EMC2 needs to become a for profit company.
Posted: Fri Jun 25, 2010 7:15 am
I was speaking to a fellow who had invested in some concepts and he stated that the fact that EMC2 was a charitable organization pretty much was a show stopper for him for the following reasons.
1. If it is ever proved, other people will make money off of his investment.
2. "Free" = worthless. How can you expect others to trust you if you don't have enough confidence in your design to offer stock that will one day pay dividends.
I was thinking about this-- there have been many corporations that have amassed huge amounts of capital for quite odd concepts-- maybe the time has come for EMC2 to bite the bullet, become a corporation, and offer stock, dividends to be paid out of the fees made from licensing polywell technology, when and if it is developed.
1. If it is ever proved, other people will make money off of his investment.
2. "Free" = worthless. How can you expect others to trust you if you don't have enough confidence in your design to offer stock that will one day pay dividends.
I was thinking about this-- there have been many corporations that have amassed huge amounts of capital for quite odd concepts-- maybe the time has come for EMC2 to bite the bullet, become a corporation, and offer stock, dividends to be paid out of the fees made from licensing polywell technology, when and if it is developed.