A realistic pitch about breakthrough coil

Ken RasmussenIt’s timely to hear about a funding-raising venture that is a refreshing change from the bogus promises I mentioned in the previous blogpost.

I first heard about it today, when I received a message from colleague Ken Rasmussen.  (I had photographed him a few years ago in the San Francisco Bay area when he was listening to an inventor.  A group of us had gathered; we came from the East coast, Utah, California and Canada.)

The email began “Hi Jean” (minor correction, Ken, my name has an unusual spelling: Jeane),

“My company has a break through coil design. It needs funding to implement into an electric motor. We are running a crowd funding project on Indiegogo through Friday next week April 26. I’d appreciate you giving us a glance at first opportunity. http://www.ElectricJumpStart.com
Thanks,  Ken Rasmussen “

So I did. The pitch video sounds a bit too smooth at first, but then you realize that it deals with real people who come on camera and are telling you about their backgrounds and credentials. The team has been solving cutting-edge tech challenges for more than 30 years. And the claims made for their Electric Jump Start technology are reasonable in light of what I’ve been hearing about emerging knowledge, even though their breakthrough is potentially game-changing for electric motors.

They only have until Friday April 26 to meet their goal. Check out the honesty — that’s my impression — of their written version of who and what they have. It begins with: “Electric motors need an interaction between magnets and coils. Our new configuration boosts that interaction by an astounding factor.”

“Seanic View is a team of ex-aerospace engineers and technicians who have discovered a major breakthrough in the use of electromagnetic energy.  This concept will make a tremendous boost in electric motor efficiency.”
“What we need:  We need $100,000 to make a final prototype with all safety modifications to then go to university-level testing, then on to major funding for full patenting, licensing and making small quantities of niche market motors to begin revenue.
“We unfortunately do not have funds at this point for T-shirts, caps or pens (referring to typical giveaway gifts of other fund-raisers). ” But anyone helping us out will be notified as soon as this technology begins to show up in available products. When word gets out what an electric motor using this technology can do and becomes available, there will no doubt be waiting lines.  Be at the head of the line with any size contribution now.”
“What a contribution will do: The US economy needs a Jump Start with a technology that will change our infrastructure as to how electricity is used.  You can help it happen.”
“As our video explains, R&D is expensive and best done by mega-buck corporations.  It is expensive beyond belief, and often bankrupts the garage inventor who comes close, but doesn’t quite succeed.  We now have the crucial component the big guys thought was impossible.  Fools rush in where Angels fear to tread, but only a fool tackles the impossible.  Please join our group of misfits.”
Ken Rasmusssen: president
Seanic View, Inc.
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