Disappointing news from Steorn the Irish company which was working on free energy devices, after 16 years in operation and twenty million € in funding seems to have come to nothing, what went wrong? will we ever get to the truth?
"What went wrong" was that the investors should have insisted on a working product before they invested.
€20m over 16 years is over 1 million per year, a very expensive dud which gives a bad name to energy research.
McCarthy doesn't know how the technology "works" but is staying on as the operations officer, hilarious.
It's hard to know what the truth is, Steorn set up a separate company Hepha Heat which was to use their device to heat water in a domestic setting but it seems to have come to nothing, how can that be? they supposedly signed contracts supposed to be worth millions in royalties!!