Not a Real Company
3 weeks ago
Larry,
The latest issue of Investors Business Daily features a company called American Superconductor. AMSC is the ticker. From IBD:
AMSC provides megawatt-scale power control gear. Its solutions are designed to improve energy efficiency, alleviate power capacity and other constraints, and ensure system resiliency.
The Wind segment designs wind turbines and provides electrical control systems for them. The company also provides field service and spare parts to a global installed base of more than 17 gigawatts of wind power systems.
17% of their $145 million in annual revenue comes from wind.
How about trying to sell our (long suffering shareholder here) technology, patents, spare parts, whatever, to a company that would benefit from this stuff? It's not doing me or any of the other shareholders any good here at negative 1 cent or wherever the stock price is currently floundering.
I would be more than happy to forward to you the latest IBD with this article.
Thanks again for trying to restore value to this organization. Feel free to call or email if you would like to discuss.
Pink 2 long
3 months ago
.
11+ years ago!
Turbine builder needs more time
FRONT PAGE NEWS
DEC 23, 2013
ISHPEMING – After years of delays, design issues and legal problems with the company that owns the wind turbine at the Pioneer Bluffs Apartments in Ishpeming, additional delays in the manufacturing process of the replacement turbine have Clean Green Energy LLC asking residents to wait just a little longer.
The company originally intended to replace the prototype turbine this past summer, it said in a press release Friday, but with unspecified manufacturing delays, it now hopes to bring the WIND-e20 replacement model to market sometime in 2014.
“We have not backed away from the original plan and we are working very hard to move forward on this as expediently as possible,” said Bryan Zaplitny, president of CGE, in the press release titled, “Ishpeming Wind Turbine Not Forgotten.”
The 162-foot tower, which can be seen from many places around the city, has in the past been quite controversial for the city and the Ishpeming Housing Commission, which owns the Pioneer Bluffs Apartments. Some residents have called the motionless turbine an eyesore and the city council has on at least one occasion called for its removal.
“It’s been a long road for all of us,” Zaplitny said. “We are just as excited to have a WIND-e20 spinning outside Pioneer Bluff as the residents are.”
The press release states that the current prototype turbine is completed and operational, but “due to interconnection issues and not being able to agree on an acceptable price for excess electricity sale to the utility, the company feels it is in the best interests of both CGE and the Ishpeming Housing Commission to replace it entirely.”
Though CGE maintains that the current prototype turbine is operational, in fact it has never operated, and was determined to have been too expensive and labor-intensive to produce and install or to run on a large scale, with blades that would likely fail. The newer 105-foot, 65 kwh WIND-e20 will address those design issues, and is also much easier to install. While installation of the prototype required a long process and several large cranes, the new model will arrive on a flatbed truck and can be set up using a hydraulic control system and a standard backhoe.
On Thursday, CGE announced that Burtek Enterprises Inc., a metal fabricator and military contractor based in downstate Chesterfield, would be its “strategic manufacturing and assembly partner” for the new turbine models.
The two companies have signed a memorandum of understanding, according to a Burtek press release, and Burtek “shall be responsible for fabricating and assembly of the WIND-e20” and will work with CGE to “check and improve CGE’s design for cost-effective manufacturability.”
“As a partner of CGE on the WIND-e20 program, we are going to have to be responsive,” said Burtek President Jeff Daniel in the release. “We are going into production in 2014.”
The press release also says CGE is “exploring merger opportunities” with McKenzie Bay International Ltd. – the same company that designed the original prototype, then ran out of money for the project and lost their management team. In 2007, Zaplitny, then president of MTI Energy Management, filed a federal lawsuit against McKenzie Bay seeking more than $75,000 in financial damages and injunctive relief.
Last year, Zaplitny told the Ishpeming Housing Commission that he had invested $8 million of his own money in the project and intended to see it through.
Phone calls to Clean Green Energy regarding details of its potential merger with McKenzie Bay were not returned as of press time this morning.
Zach Jay can be reached at 906-486-4401.
NEWSLETTER
Pink 2 long
3 months ago
By ALEXANDRIA
BOURNONVILLE
Journal Staff Writer
ISHPEMING — Affectionately nicknamed the Big Egg Beater, Ishpeming’s wind turbine continues to stand unused on Ishpeming Housing Commission property.
Initially installed in 2006 as a prototype, the turbine was meant to power the then- under-construction Pioneer Bluffs development, a senior apartment complex.
In its 14-year history, the turbine has “never produced any electricity to the high rise,” according to Ishpeming Mayor Jason Chapman.
A subsidiary of McKenzie Bay International, the WindStor Power Company designed the 2006 prototype for its 200-kilowatt WindStor vertical-axis turbine.
The housing commission, which owns Pioneer Bluffs, entered into a power purchase agreement — a financial arrangement where a third party installs, owns and operates an energy system on a client’s property. The company and the housing commission agreed to the PPA knowing that WindStor’s turbine was only prototype technology.
Under the PPA, all costs to run and maintain the turbine fall to the company.
The turbine changed hands in 2009, when Clean Green Energy LLC, a company based in downstate Brighton acquired MKBI.
The new owners say they were unaware of the financial problems and disagreements that MKBI had with its initial engineering firm, which is what prevented the wind turbine project in Ishpeming from moving forward. CGE officials said the only way forward was to improve upon the existing turbine.
According to CGE’s chief financial officer, Harold Telners, his company had “re-engineered and completed the turbine” by late 2010.
Telners said “innovative blade lifting techniques that have never been accomplished (before were introduced), and subsequently commenced the testing phase of the installation.”
The turbine “successfully produced energy,” during those tests in 2010, Telners said.
But nothing has happened in over a decade since then. “Changes in technology, market needs and requirements, and in the ownership and management of WPC and MKBY led to unanticipated delays in the rollout of a new system. This is not a ‘problem’ to ‘remedy’ but rather a typical hurdle encountered on the road to rolling out innovative, new technologies.”
On the subject of the idle turbine, Ishpeming City Manager Craig Cugini said the outcome of any changes in energy production has to benefit city residents.
“The City of Ishpeming believes in an all-of-the-above approach to energy, no matter what Lansing tries to dictate to rural communities like ours. Our hope for projects within our city is that they’re functional and deliver promised results to our seniors, veterans and other members of our community who ultimately absorb the cost of rising energy prices.”
Both Chapman and IHC Executive Director Doreen Shelley agree that if the turbine doesn’t begin producing energy soon, it should be taken down.
“Something needs to be done,” Shelley said.
Chapman has renewed concerns about newly enacted state legislation governing green energy.
Gov. Gretchen Whitmer signed the package of bills on Nov. 28, mandating 100% clean energy by 2040.
But in order to reach that goal, state government will take away local control of large solar, wind and energy storage projects.
“I fully support finding ways to reduce and eventually eliminate sources of electricity that hurt our environment,” Chapman said. “However, our area still needs a stable, long-term solution, which I haven’t seen yet. Taking away local control isn’t the answer either, unless the state is ready to support our area … I’m worried that enacting laws without solutions could hurt us up here.”
Regardless, Telners’ statement continues to be the same: “The plan has always been to replace the WindStor turbine in Ishpeming with a new design. When a replacement turbine is installed and operational, it will, as planned, supply that power.”
Shelley hopes to host a meeting with the IHC Board of Directors and CGE’s President and CEO Bryan Zaplinty in 2024 to discuss what will happen next.
Alexandria Bournonville can be reached at 906-228-2500, ext. 506. Her email address is abournonville@miningjournal.net.
Pink 2 long
3 months ago
contact these scumbags on a daily basis to torment them for a shareholder update. at the very least we can be a burr in their saddles.
this is what i sent them yesterday----
larry@aradatum, bryan@aradatum, paul@aradatum.
If there is a NDA, advising your shareholders of such is not a violation of the NDA.
If you are concerned about insider trading, updating your shareholders is not insider trading.
If you are flat on your asses broke and failed at being a viable business, advise your shareholders to write it off.
If you are just complete scum bags with a low sense of morality and ethics, just keep doing what you are doing and vote Democrat this fall.
If you are the Christian you claim to be, do some soul searching. I personally have over $100,000 invested in your lies and I will not stop until I have answers.
Pink 2 long
5 months ago
US Patent for Self-Powered Telecommunications Tower D1035630 patent July 16th
Patents by Inventor Paul Jacob Schneider
Paul Jacob Schneider has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
Self-powered telecommunications tower
Patent number: D1035630
Type: Grant
Filed: April 12, 2021
Date of Patent: July 16, 2024
Assignee: Aradatum, Inc.
Inventors: Bryan Joseph Zaplitny, Rupert Stephen Tull de Salis, Paul Jacob Schneider, Lawrence Francis Leete, III
Saving Grace
6 months ago
Aradutum is made up bull shit that doesn't exist in the real world. Ask Bryan Paul, He's the next office over from you. Maybe you'll get some bull shit carbon credits, since we're talking about, not having a clue in the real world. Sea Level is sea level. "LEVEL" no matter where you are on Earth, Russia, US, Canada, Australia, Europe, Africa, South America. LEVEL means Level. Horizon means Horizontal and that too is Level. Obviously
Research that with an open mind unlike a globalist who are narrow minded in my book. Is it closer to New York or by Train? Did you walk to school or carry your lunch? It is what it is, no more and no less.
Aradatum is FAKE as they were suppose to have 4 turbines up and running but the only thing running is Bryan from shareholders.
Did anybody get Aradatum shares yet in their account? Obviously not because Aradatum doesn't exist in the real world but on paper to drain what's left of CGEI accounts and party like Rock Stars on the beach with Larry.
No office, no turbines, no nothing! 100% SCAM
Saving Grace
6 months ago
Aradatum is a Paper Moon company and Scam.
There is nothing to prove the subsidiary even exists. Larry Leete 3 years of documented Bull Shit, Lies and Deceit with absolutely nothing to show for it. Aradatum is a made up scam that doesn't exist.
BRIGHTON, Mich, April 22, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc.’s (OTCPink: CGEI) subsidiary, Aradatum, is making it’s strategic moves and is looking to soon publicly discuss it’s rollout plans in greater detail.
Aradatum is currently in a scale-up phase, with a sales network established to build pre-sales for deliveries beginning in 2022, readying the towers for commercial manufacturing, and speaking to investors to expedite their growth.
The market and short interest is readying for these moves. There has been a large drop in short interest. https://www.americanbankingnews.com/2021/04/14/cge-energy-inc-otcmktscgei-sees-large-decrease-in-short-interest.html
It has been previously made public that at some point in the future, CGE intends to spin-off its subsidiary, Aradatum, to own and operate self-powered cell towers for the telecom and technology markets.
As a point of clarity concerning the future ownership of Aradatum by CGE Energy Shareholders, when the spin-off occurs, the intent is that every CGE Shareholder on the date of the spin-off will receive Aradatum Shares on the basis of one Aradatum Share for every oneCGE Share owned, as of the last trading day prior to the spin-off. Only CGE Shareholders at spin-off will receive Aradatum Shares.
Until the spin-off occurs, the primary way to obtain Aradatum ownership is through the ownership of CGE Shares purchased in the open market or a large private placement.
“I see great value in the opportunity of Aradatum’s self-powered wireless towers in the market,” said Bryan Zaplitny, CGE’s President and CEO, “As a CGE shareholder myself, I am excited to also be part of a groundbreaking tech company that, when spun out, is poised to have greater long-term enterprise value potential than a single company, as structured today. Our companies' unique and differentiated types of power solutions can both shine independently and are in alignment with each organization’s sales activities.”
There are more than 300,000 additional cell towers needed to be constructed in the U.S. This will require a $500 Billion investment in new 5G infrastructure and Aradatum uniquely offers a solution to the geographic and power challenges that have limited the reach of next-generation wireless networks to date. Powered by clean, renewable energy with energy storage, Aradatum’s tower design is an environmentally responsible way to meet the growing demand for connectivity and for telecom providers to attain targeted and specific renewable energy goals.
About CGE Energy, Inc.
CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits.
http://www.cgeenergy.com/
About Aradatum, Inc.
Aradatum is a technology company that provides the keys to ubiquitous wireless connectivity. Aradatum puts the infrastructure in place to solve geographic and power challenges that have limited the reach of next-generation wireless networks, offering a simple way to provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks, and edge computing. Aradatum, Inc. is a subsidiary CGE Energy, Inc. www.aradatum.com
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
https://markets.businessinsider.com/news/stocks/cge-energy-s-subsidiary-aradatum-is-making-next-moves-1030333864?op=
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