Well the scam goes on. How does he get away with it? Simple. It's the old NDA trick!! Greg Watson and the NDA trick 27-Oct-09 04:08 pm Here is what Dr Richard George thought of the SunPube. On April 13, 2008 11:12 AM, New Energy Congress member, Richard P. George, Ph.D. wrote: Greg has announced ~$78 million worth of orders placed with Emcore, but Emcore has only received $500,000 through the end of the 2008 1st quarter. These "orders" appear to be vapor, much like some of the huge telecom orders in 1999-2001 like the $500 million order in 2000 for Sun servers that Enron's telecom unit placed but never actually purchased. The lack of actual sales from this order was a major factor behind Emcore's stock crashing ~75% in the past several months. He has sold several licenses but where are the working units (even pilot production ones) in verifiable installations with any independent measurement data validating output claims? The Korean deal was announced over a year ago but there remains no evidence that anything has actually materialized or that any product is actually being delivered, even in limited volumes. Looking good (on paper) is not enough. Given the large number of red flags discovered to date while doing due diligence on Green and Gold Energy, we have to verify every detail. - - - - On January 25, 2008 7:28 PM, New Energy Congress member, Richard P. George, Ph.D. wrote: I am downgrading my vote on Green & Gold Energy Suncubes from a Top 2 ranking to "Not Enough Information". I am increasingly suspecting that the SunCube is a fraud. There is absolutely no proof that there is a single suncube actually installed and running. Likewise, there is no verifiable proof that their system delivers the output claimed. None of the licensees have manufactured, installed, or sold a single system. The U.S. licensee remains secret and undisclosed. Multiple deadlines have past. The product remains intriguing vaporware. The company's employees have lied to me on several occassions (statements independently verified as being false). I read through the last four months worth of postings on the yahoo sungrid forum about the SunCubes. Greg Watson is now claiming that his "legal people" will not let him sell Suncubes until he gets the IEC 61208 solar concentrator certification (http://tech.groups.yahoo.com/group/SunGr... . However, there is no IEC standard yet, the working group has not delivered a final standard despite seven years of meetings and work, there will not be a standard for another 12-18+ months (with continuing uncertainty about how to actually measure concentrator output given the myriad design and concentration approaches and uses of tracking on one or two axis being a major barrier to radification), there will be no products certified under this standard for another 6-12 months after the final standard is approved, and both UL and the California Energy Commission have decided to take an alternate certification route (UL engineering inspection) as an alternative given the long gap (something that Greg has known since I informed him of this alternative in September 2007). This [is the] latest excuse from Greg. He has a long history of failing to deliver on promises and claims. But then Greg Watson had a word in his ear!! continued Rating : (1 Rating) keefwivanef 117/Male globetrotte... View Messages Report Abuse Re: Greg Watson and the NDA trick 27-Oct-09 04:10 pm What Rover doesn't know is that Dr Richard P George (via Lite Solar) is a former failed US SCIG licensee, just out to try to screw us up with more lies. In fact, up until I read his recent posting (hey Rover you actually did me a favour posting that!), he was in daily contact trying to discuss doing business with us again. Sorry Rich but the only folks you will be hearing from are our legal guys. Hey Rich, we have your signed NDA and all your emails. Remember? So Richard got scared and wrote this one! ----- Original Message ----- From: Richard George To: 'Andrew Left' Cc: Greg Watson Sent: Monday, May 19, 2008 1:44 AM Subject: RE: green and gold energy Andrew, The SunCube technology is viable and their design is very solid. The basic concept is to have a module with one square meter of collection area feeding the light to nine fresnel lenses that focus the light on nine Emcore tripple junction 37% efficiency CPV chips. This module is then integrated with a two axis tracking system. Some of the advantages of this design is that they can be mounted on roofs, the weight is low (about the same as a flat plate monocrystalline or polycrystalline module), it can be handled and installed without cranes, it doesn't have the wind load problems that larger arrays (e.g. Solfocus; any array 2KW to 11KW on a 2 axis tracker - a big PV sail), and it should be relatively easy to mass manufacture. I read your reports on Emcore. You made a misstatement in one about their tripple junction CPV chips being 100X more expensive than standard PV. This is true when comparing their space applications to terrestrial flat plate pv at one sun concentration (e.g. no concentration) . However, this is only true when comparing a unit of size (e.g. one square meter of Emcore's tripple junction cells vs one square meter of Sunpower A300 cells). When one accounts for concentration, the costs drop dramatically. The SunCubes operate at ~1100 suns. Other competitors using the same Emcore CPV chips are using them at concentrations between 500X and 1200X. Essentially, these applications use a chip 1 square centimeter in size but that one chip harvests the power of 1 square foot worth of sunlight at 37% efficiency. Going back to the one square meter of Emcore's tripple junction cells vs one square meter of Sunpower A300 cells example, the one square meter of Emcore cells operating at 1100 suns generates ~300,000 watts of power while the 1 square meter of Sunpower's monocrystalline cells (SunPower 305 module) operating without concentration generates 187 watts of power. The Emcore chips use significantly less silicon per watt of power output and use inexpensive fresnel lens or reflective materials to focus the light from a large area onto their I cannot discuss commercial size orders at this time but I am in the process of scheduling trips to Australia and South Korea to meet with Green and Gold Energy and their Korean licensee, ES Systems, in the next month or two. A colleague will be visiting their Indian licensee in Pune India as well. I would prefer to withold any further comments until I have had the chance to complete these visits. In addition, there are a lot of positive developments and progress here that are not publicly available at this time. I have reviewed and talked with every CPV player that has a realistic chance of shipping product in the next two years and plenty more that are further behind. Green and Gold Energy and their licensees are significantly further ahead everyone else in this industry and will ship more product this year than the rest of the industry combined. Blah de blah Dr. Richard George Ah yes...the old NDA trick... Nice one Greggy! Rating : http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview?m=te&bn=6046&tid=57469&mid=57469&tof=20&frt=2#57469
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