Yet another perpetual motion machine company with 60M in funding
spectrum.ieee.org
spectrum.ieee.org
And here is something of a summary of his theory: http://en.wikipedia.org/wiki/Hydrino
I (and a few co-founders) could set up gas->electric vehicle conversion centers around the country and rake in the dough for this amount of money. How can someone like this get sixty million!?
Is it then any surprise that people who are very good at faking it can raise a lot of money?
Why do you think business guys wear suits, it's a costume, for theater.
So many people want to believe that this can be true. However, like consistent 12% annual returns, and flying cars, it seems more likely that 'BlackLight Power' is more of a vehicle to fund Randall Mills retirement, than a real possibility of a revolutionary source of near-free energy.
Obviously, if it does turn out to be true, the scientific world may have to take his grand-unified theory a little bit more seriously.
You don't need to recycle catalyst's. One off bursts of energy are easy to fudge so it seems like something interesting is happening when it's not.