New Energy Technologies Magazine nr 3 2005.pdf - Index of

has just not gotten around within EADS yet. I've
submitted and email asking about this, and am
awaiting their response.
Fig. 2. Author with Mike Brady, Dec. 2002,
Johannesburg
Fig. 3. June 17, 2003 Prototype Rendering
Like so many other inventors, Mike Brady tends
to talk far ahead of himself. Part of that future
vision in Brady's case includes dreams of dripping
wealth. Though my first encounters with him gave
me the impression of a person with an altruistic
drive to help the planet, since that time it seems
more apparent to me that for him, money and fame
have become the primary driving factors. He
expects to be paid today as if his device actually
performs like he says it does, when in fact he has
proven time and again to be misrepresenting just
how far along he is.
He somehow seems to continue his work
despite the clashes that inevitably occur when
the optimism of the inventor disconnects with
the rubber-hits-the-road practical nature of the
investors and business partners. The further a
technology is from the mainstream, the more
pronounced this phenomenon seems to become.
Those that are far enough away from the
mainstream hardly get any money in the first
place. Because of his prototype claims, Mike
has been able to bridge that gap. That does not
mean, necessarily, that he really is just months
away from market readiness. Anyone investing
or considering investing there should be aware
of this.
I wish him well. Meanwhile, I've mothballed
PerenTech.com, to which Perendev.com points.
However, just because the team I pulled together
three years ago to manufacture and market
Brady's device in North America wilted away a
good many months ago due to delays and broken
promises from Brady, does not mean that Brady's
device will never materialize. It merely serves as
a point of advice for any person or party intending
to engage.
A Word of Caution
I have known Mike Brady since May 2002. At
that time, when I inquired about his magnetic
motor, he said, "yes the motor is running and
almost ready for the market, only the commercial
packaging [is] still to be done." You will see below,
in a letter soliciting licensing and investment
funds, that he is still representing himself and his
company as being this far along with the magnet
motor.
As one who has been intimate to the workings of
Perendev (I own Perendev.com and I built a team
to spearhead the manufacturing and marketing
of his magnet motor in North America), and as
one who has stood by Mike through much
skepticism and criticism, I feel I need to issue a
caution in regard to this most recent development,
as it involves the actual solicitation of funds.
Previously this has not been the case.
Since our team was unable to verify what stage of
development Mike has really reached with his
magnet motor and other technology claims, we
cannot vouch for their readiness to be marketed.
I do believe he has created something worth while.
However, in the past I have observed him to
exhibit a strong tendency to talk far ahead of
himself, thinking he’s much farther along than he
really is. Therefore it is important to take all
statements with a grain of salt, and independently
verify any claims, which can be difficult not only
because of the distances involved, but because of
the difficulty of pinning Mike down at a time when
he actually has a prototype to view.
16 New Energy Technologies #3(22) 2005