The Business End of Genesis World Energy
2003-02-06
Summary:
While Genesis World Energy claims to own the Edison device, and that they are not seeking investment, someone claiming to be their principal inventor, Patrick Kelly, claims that United Fuel Cell Technologies owns the Edison device. He's been selling stock in UFCT.
Genesis World Energy claims that the Edison device is owned by the 400 people who worked on the development of the Edison's development. Only a few people on the project understood what it was they were working on. GWE claims that they are not looking for investors and have no investors. The identities of the project team members are all kept secret by GWE.
Patrick Kelly, who claims to be the primary inventor has a different story. Several people have reported to Genesis World Energy Watch that they have been approached by Patrick Kelly, who claims to have invented the Edison device. Kelly claims to have invented the device on his own, and placed the ownership of the device in a Delaware corporation, United Fuel Cell Technologies. Kelly claims Genesis World Energy is simply a front company to sell his device while keeping his identity "secret". The consortium of 400 visionaries is simply a story Kelly gave GWE to add color to their company history. And GWE is all wrong about investment. Kelly has been selling stock in UFCT, what he says is the true owner of the Edison device, for a year now. He has been running demonstrations in fields and hotels all over the state of New Jersey and selling stock with a minimum one thousand dollar investment.
How could anyone buy stock in UFCT after reading that GWE claims that the 400 visionaries own the device? Faults in the GWE web page itself make it clear that they can't be counted on to get a story straight. Just look at how they use watts and watts per day as a unit of energy (watts per day?). If you believe in the Edison device, then you believe that the most important scientific breakthrough ever is being announced by a front company staffed by scientific illiterates. Maybe their handle on the corporate structure is no better than their grasp of the science.
The GWE site outlines several corporate entities that are supposed to be involved in the Edison device. First there is the unnamed 50 year old R&D firm that assembled the 400 visionaries who produced the Edison. These individuals then formed a partnership, GWE. This partnership then gave exclusive marketing rights to another partnership, World Energy Management.(There is no evidence they have formed either partnership. Genesis World Energy and World Energy Management are not registered in Idaho.) A seperate, unamed "specially organized energy supply consortium" is given exclusive manufacturing rights. And then actual sales and assembly will be done by licensees. This is a pretty complex set of inter-company relationships for a single product. How is GWE supposed to make any money when World Energy Management is selling all the licenses and the "energy supply consortium" is selling all the parts? I guess that's not our problem. Suffice it to say that after reading about all the sister companies GWE claims are sprouting up around it, it does not seem implausible that there are a few more.
Kelly's claim is that the unamed 50 year old R&D firm is General Systems Companies, of which he is the CEO. The General Systems web page does not list a phone number or a street address, which suggests that General Systems itself is not an actual enterprise, but only a web page intended to support the claim that Kelly has a background in R&D. The company history page highlights two projects, the formation of Primary Health and Pet's Choice, but mails to these two companies failed to confirm any relationship to General Systems, or Patrick Kelly. Kelly claims that he created Genesis World Energy as a front company to hype the Edison device without having to make his own identity public. (I don't see how GWE is supposed to make money hyping another company's product either. But that's not our problem.)
Update 2003-05-24: The claimed General-Systems link to Pet's Choice and Primary Health are still unconfirmed, however, Shane Kelly is the former CEO of both.
Confronted with evidence that their partner Patrick Kelly is selling stock in a company he claims owns the Edison device, something that Genesis World Energy also claims to own, both Charles Shaw and Nejhla Shaw have no comment. Emailed at his address at General Systems, Patrick Kelly also has no comment.