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JOURNAL OF NEW ENERGY
Volume 1, Number 4
Winter 1996
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Untitled
EDITORIAL COMMENTS
We welcome new authors to this issue of the Journal of New Energy. We also are pleased to invite others to present professional papers on new energy topics. Occasionally, we will publish a student paper on new energy topics. We recognize that today's students will be among those who will develop the energy systems of the next century.
There are many who, knowing that there will be new energy sources, wish to invest in new energy companies. We get several queries a month from persons who want to know where to invest in the coming energy revolution. These questions elicited a discussion with a friend who is a securities attorney. Here are some things to think about:
- Any securities to be offered for sale must first be registered with either the federal or state (or both) securities exchange agencies. These agencies were established to help protect unskilled investors from being bilked by irresponsible entrepreneurs. As with most government agencies, there has been an attempt to protect unskilled investors from being swindled by writing new regulations in response to the latest ingenious financial gimmicks by the dishonest promoter. The laws are not written to protect the wealthy (the term used is "accredited investors"). Accredited investors are exempted.
- The laws and regulations of both federal and state are now so numerous that it requires hiring an attorney skilled in securities law before one can offer a security for sale. The definition of a security is so broad that one presidential candidate was even jailed for borrowing money to finance his campaign. The end result is that we have essentially denied the right of a small investor to "get in on the ground floor" (defined as before the company has filed its securities with the appropriate federal and state agencies). Therefore, only the wealthy are left to take advantage of ground-floor investment opportunities. This is an excellent example of the laws that were intended to protect, end up prohibiting or penalizing the group to be protected.
- It has been suggested that we should form investment clubs. Previously, any corporation, including an investment club, was treated as a "sophisticated investor" and was exempt. The concept was that the laws were not provided to protect corporations. However, due to unethical promoters who took advantage of "investment clubs", the regulations have now been changed so that the members of the investment club or closely-held corporation must be "accredited investors" in order to be exempt from SEC regulations.
- There have been a number of suggestions for the formation of mutual fund corporations which would have a qualified expert to select appropriate new-energy stocks to purchase. Some of the requirements for a mutual fund are an initial investment by the founders of a minimum of $100,000 and the mutual fund cannot own more than 5% of the stock of any one company. Many other regulations must be followed by the mutual fund company.
If you are a small investor and wish to invest in a new-energy company, it is suggested that you join with others and start your own company. The "others" should include a knowledgeable broker-dealer who will help get your company's shares sold and traded OTC (Over The Counter). Then file in your own state to raise up to one million dollars under the federal exemption from federal regulation (rule 504, I believe, but check with your securities attorney). Hire an excellent marketing manger and set up a company to sell and install new-energy systems. By the time you get your company set up and your stock sold, there should be some good new-energy products ready to market.
Happy New-Energy Year from the editor.
JOURNAL OF NEW ENERGY
Volume 1, Number 4, Winter 1996
Contents:
Page
1 EDITORIAL Hal Fox
5 CHARACTERISTICS OF HIGH-DENSITY CHARGE CLUSTERS: A THEORETICAL MODEL
Shang-Xian Jin and Hal Fox
21 NUCLEAR TRANSMUTATION IN COLD FUSION EXPERIMENTS
Hideo Kozima, Masahiro Nomura,, Katsuhiko Hiroe and Masayuki Ohta
26 HYDROGEN REDISTRIBUTION BY CATASTROPHIC DESORPTION IN SELECT
TRANSITION METALS
Mitchell R. Swartz
34 EXCESS HEAT MEASUREMENT IN GAS-LOADING D/Pd SYSTEM
Xing Zhong Li et al.
40 NUCLEAR REACTION CAUSED BY ELECTROLYSIS IN LIGHT AND HEAVY WATER
SOLUTIONS
Reiko Notoya, Toshiyuki Ohnishi and Yohichi Noya
44 A NEW APPROACH TOWARDS FUSION ENERGY WITH NO STRONG NUCLEAR
RADIATION
Xing Zhong Li
55 CARBON PRODUCTION ON PALLADIUM POINT ELECTRODE WITH NEUTRON BURST
UNDER DC GLOW DISCHARGE IN PRESSURIZED DEUTERIUM GAS
H. Yamada, H. Nonaka, A. Dohi, H. Hirahara, T. Fujiwara, X. Li
and A. Chiba
59 EXPERIMENTAL EVIDENCE FAVORING BRIGHTSEN'S NUCLEON CLUSTER MODEL
Robert W. Bass
62 ELECTRON CHARGE CLUSTER SPARKING IN AQUEOUS SOLUTIONS
Atul Bhadkamkar and Hal Fox
69 SOME FEATURES OF H2O LOW-PRESSURE DISCHARGE IN PULSE MODE
E.E. Antonov, V.G. Dresvyannikov, V.I. Popovich
76 ANTI-GRAVITY IMPLIES INFINITE FREE ENERGY
Robert Bass
EDITOR'S CHOICE
79 EXPERIMENTS OF UNDERWATER SPARK DISCHARGES WITH PINCHED ELECTRODES
Takaaki Matsumoto
93 AN ALTERNATIVE SOLAR ENERGY SOURCE
David R. Criswell and Philip R. Harris
(Originally appearing in Earth Space Review, vol 2, no 2, 1993)
98 IN SEARCH OF A WARP DRIVE
Norman Silliman
105 LETTER TO THE EDITOR
Letter from Wingate A. Lambertson, Ph.D.
"Unemployment Gives One Time To Think"
Letter from Ernest Criddle
107 FUSION FACTS ABSTRACTS
Abstracts from Fusion Technology, Cold Fusion and other sources
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