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Steorn morons out of business

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  • 13-11-2016 7:08pm
    #1
    take everything
    Registered Users Posts: 9,804 ✭✭✭


    These morons have finally gone out of business with their free energy bull****.

    Dunno if they were bull****ting themselves or others. The investors losing 23 million were worse.

    The hubris of the Celtic Tiger and truthiness got badly beaten up by the laws of physics.
    Thank God.


    Edit: these clowns
    http://dispatchesfromthefuture.com


«1

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    #2
    punisher5112
    Registered Users Posts: 24,647 ✭✭✭✭punisher5112


    take everything wrote: »
    This morons have finally gone out of business with their free energy bull****.

    Dunno if they were bull****ting themselves or others. The investors losing 23 million were worse.

    The hubris of the Celtic Tiger and truthiness got badly beaten up by the laws of physics.
    Thank God.


    Link. And what¿??????????????


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    #3
    Grayson
    Registered Users Posts: 16,155 ✭✭✭✭Grayson


    punisher5112 wrote: »
    Link. And what¿??????????????

    These guys,.

    https://en.wikipedia.org/wiki/Steorn


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    #4
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Because basking in the unemployment of people is exactly what we should be doing.


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    #5
    Ted111
    Closed Accounts Posts: 990 ✭✭✭Ted111


    shadenfrod as the germans say.
    'in this house we obey the laws of thermodynamics...' as homer would say


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    #6
    ChippingSodbury
    Registered Users Posts: 1,345 ✭✭✭ChippingSodbury


    Deleted User wrote: »
    Because basking in the unemployment of people is exactly what we should be doing.
    From Wiki: It announced in August 2006 it had developed a technology which provides "free, clean, and constant energy", apparently in violation of the law of conservation of energy, a fundamental principle of physics.[4]

    Steorn challenged the scientific community to investigate their claim[5] and, in December 2006, said that it had chosen a jury of scientists to do so.[6] In June 2009 the jury gave its unanimous verdict that Steorn had not demonstrated the production of energy.

    I think the issue is that they seemed to be poo poo-ing the laws of thermodynamics without being able (obviously!) to show any proof. Maybe they were doing other good work, who knows, but the free energy claims were laughed at a long time ago...


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    #7
    Away From Home
    Banned (with Prison Access) Posts: 45 ✭Away From Home


    So was flying.


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    #8
    humanji
    Registered Users Posts: 19,976 ✭✭✭✭humanji


    Deleted User wrote: »
    Because basking in the unemployment of people is exactly what we should be doing.
    Or basking in con artists being outed, maybe?


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    #9
    tomwaterford
    Closed Accounts Posts: 16,768 ✭✭✭✭tomwaterford


    What exactly used they do all day in work??


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    #10
    RayCun
    Registered Users Posts: 15,704 ✭✭✭✭RayCun


    [Deleted User] wrote: »
    Because basking in the unemployment of people is exactly what we should be doing.

    Con artists finally ran out of people to con
    Cry me a river


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    #11
    frag420
    Registered Users Posts: 6,158 ✭✭✭frag420


    It was obvious from the beginning that it was unsusteornable...


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    #12
    Capt'n Midnight
    Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 90,852 Mod ✭✭✭✭Capt'n Midnight


    China is installing a new wind turbine every 30 minutes. And globally there'll be about 73GW of solar installed this year.

    Thermocouples have been used to power digital watches. You can get wireless light switches that use piezo so the act of pressing the button is enough to power them.

    Wireless charging of mobile phones is a thing now.

    Free energy isn't all that attractive if the capital costs , maintenance or operational costs re too high. That's why we don't have much tidal or wave power yet.


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    #13
    stimpson
    Registered Users Posts: 7,815 ✭✭✭stimpson


    tomwaterford wrote: »
    What exactly used they do all day in work??

    They had an "exhibition" on grand canal dock about 5 or 6 years ago. Myself and a colleague went down one lunchtime for the craic. We got talking to one of their "engineers". About 3 minutes into the conversation (about the time we started contradicting him) an alarm went off in another room and he excused himself and left. We did get free t-shirts so they're not all bad.


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    #14
    Junkyard Tom
    Registered Users Posts: 10,117 ✭✭✭✭Junkyard Tom


    It would have been handy for powering those wind turbines yokes when there was no wind.


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    #15
    Ted111
    Closed Accounts Posts: 990 ✭✭✭Ted111


    They might take some small consolation, as they wind their
    business up, in leaving unpaid energy bills.


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    #16
    entropi
    Moderators, Education Moderators Posts: 21,730 Mod ✭✭✭✭entropi


    I remember they first came up in conversation here in AH a long time ago, people thought they were a joke back then also.


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    #17
    Peregrine
    Moderators, Education Moderators Posts: 26,399 Mod ✭✭✭✭Peregrine


    In this country, we obey the laws of thermodynamics!


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    #18
    osarusan
    Registered Users Posts: 16,571 ✭✭✭✭osarusan


    Unfortunate that people who lost their jobs, but can't find much sympathy for people who invested in a perpetual motion device.


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    #19
    ohnonotgmail
    Registered Users Posts: 40,215 ✭✭✭✭ohnonotgmail


    How many people did they have working for them? and what were they actually doing given that the whole thing was a scam?


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    #20
    RobbingBandit
    Registered Users Posts: 18,094 ✭✭✭✭RobbingBandit


    Physics and god in the same exclamation, what sorcery is this!


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    #21
    diomed
    Closed Accounts Posts: 4,744 ✭✭✭diomed


    And he is now going to make a living playing poker. Not.


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    #22
    ohnonotgmail
    Registered Users Posts: 40,215 ✭✭✭✭ohnonotgmail


    The Sunday Business Post article was interesting. It seems that they had a load of small investors who kept doubling down to keep the thing afloat but even they realised they were being conned.


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    #23
    conorhal
    Registered Users Posts: 6,986 ✭✭✭conorhal


    Away From Home wrote: »
    So was flying.

    Yeah, but these guys were no Wright brothers, they were the green energy equivilent of a bloke with a feather duster up his arse claiming to have achieved 'manned flight'.


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    #24
    conorhal
    Registered Users Posts: 6,986 ✭✭✭conorhal


    osarusan wrote: »
    Unfortunate that people who lost their jobs, but can't find much sympathy for people who invested in a perpetual motion device.

    I've not much sympathy for people involved in a pyramid scheme designed to scam people out of money loosing their jobs TBH.


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    #25
    eeguy
    Closed Accounts Posts: 3,478 ✭✭✭eeguy


    ohnonotgmail wrote: »
    The Sunday Business Post article was interesting. It seems that they had a load of small investors who kept doubling down to keep the thing afloat but even they realised they were being conned.

    Nothing new there.

    Plenty of companies do the same thing to keep afloat with bullsh*t products. The solarroadways.com crowd are still going, despite being debunked many times.

    Their crappy, half broken demo is still going and can be viewed here: http://www.cityofsandpoint.com/visiting-sandpoint/solar-roadways#ad-image-6


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    #26
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    ohnonotgmail wrote: »
    The Sunday Business Post article was interesting. It seems that they had a load of small investors who kept doubling down to keep the thing afloat but even they realised they were being conned.
    Sunken costs fallacy.

    The guy at the top was also clever enough to keep promising big product launches. On the back of this he could gather some additional funding that would keep him afloat when eventually the product launch came to nothing.

    Looks like a couple of months ago the main investors attempted to oust the CEO/Founder and just rebrand as a technology company. When he wouldn't go, they walked away and lo and behold six weeks later the company is out of business since they have no money.

    The CEO is a great guy for convincing people to give him money for vapourware, no so great at the engineering part.


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    #27
    Canis Lupus
    Registered Users Posts: 9,893 ✭✭✭Canis Lupus


    Cowboys Ted, they're a bunch of cowboys.


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    #28
    Boom_Bap
    Moderators, Music Moderators, Society & Culture Moderators Posts: 25,730 Mod ✭✭✭✭Boom_Bap


    Every day I woke up hoping this company went out of business. In fact, it was my last thought at night.
    Come to think of it, it has dominated my thoughts for the last year or so now and had a daily internal fued that I can finally say is over.


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    #29
    Akrasia
    Registered Users Posts: 22,251 ✭✭✭✭Akrasia


    Away From Home wrote: »
    So was flying.

    Look out the window.

    See those flappy feathery things in the sky?

    They've been flying for millions of years. Anyone who laughed at the concept of flying is an idiot.

    Free energy, on the other hand, violates one of the most fundamental laws of nature, and if anything claims to get energy from nothing, then they're either lying, or they're tapping into an energy source that they hadn't included in their calculations


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    #30
    Zillah
    Registered Users Posts: 17,371 ✭✭✭✭Zillah


    Deleted User wrote: »
    Because basking in the unemployment of people is exactly what we should be doing.

    They were a gang of charlatans who took 23 million euro of investors' money and whittled it away on their own salaries on an idea that was always, 100% guaranteed to fail because it was complete and utter nonsense.

    They deserved to fail and I'm delighted that economics has forced them to stop where the collective opinion of the world's scientists wasn't able to.


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    #31
    jester77
    Registered Users Posts: 11,262 ✭✭✭✭jester77


    So, they finally ran out of energy


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