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Akcie.cz»Zpravodajství»Komentáře a doporučení»Borealis Exploration Limited Weekly Update for the Week Ended...

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Borealis Exploration Limited Weekly Update for the Week Ended 3 October 2013 - Part I

08.10.2013 18:30:00 | Borealis Exploration Limited

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AMTPF / BOREF, BOREY / CHOMF / COLCF / FWYPF / PHPWF/ PWCHF / RCHBF,

WheelTug plc and other members of the Borealis Family of Companies

Update for the week ending 03 October 2013

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The following information does not constitute mandatory disclosure under applicable European Union and/or Czech regulations. As such, we are disclosing the following information on a voluntary basis only.

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Toulouse Video

This is a most important Video:

We finally have a version posted on our web site where all the questions can be heard.

Go to media.wheeltug.gi or

http://www.youtube.com/watch?feature=player_embedded&v=LBpl6NO0GgA

Understand that the video is almost two hours long but it gives a really good feel for what is happening with WheelTug!

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New look for the new WheelTug webpages

We are constantly making new postings as we get more Video’s and articles.

Just a flood of information and we are trying to keep up.

Take a look - http://www.wheeltug.gi/

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WheelTug plc New Private Placement Memorandum

The current PPM is dated 02 August 2013.

It is available to qualified investors under Non-Disclosure Agreement.

Please contact kalin@wheeltug.gi

NO OFFER OR SALE OF SHARES OF WHEELTUG PLC IS BEING MADE HEREBY.

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Avto Metals/Cool Chips/Power Chips

Same status as last week.

All new equipment needed has been ordered. We are awaiting delivery and tests will begin immediately.

We now have a handle on the test equipment and on the tests including getting independent verification.

Thanks for all the help.

We will get these tests run just as quickly as possible-but it will now be at least 2-3 weeks.

These are just standard problems that happen when one runs scientific experiments.

Again, anybody know Any CalTech, or University of Moscow PhD before 1990 in any of the standard physical sciences who got anywhere near Kelvin Probe work certainly be a super part time addition to our team. We have to get independent verification in any event.

As we reported last week, we are just delighted with the results up to this point.

Please read the below summary of the tests to date. We are handling the equipment problems.

“The second round of tests, which was conducted last week, was successful!

These tests are necessary but not sufficient to prove the science and to build working devices.

We have much better characterizations of the “Avto Effect”.

Looks like next week we will be doing Kelvin Probe work. If this confirms our visual evidence to date, we will proceed to the building of Power Chips™. This will probably take less than two months but there are a lot of variables here that are out of our control.

Our first goal is to build a Power Chip which has double digit efficiency. The basic thermal electric power producing device, in normal operation operates at 5% or less of Carnot Thermal Efficiency. Our initial devices will at least double this efficiency and we expect to get at least an order of magnitude increase in the Carnot Thermal Efficiency. Instead of it taking 20 watts of heat to produce 1 watt of electric power, with Power Chips we will product at least 10 watts of electric power from 20 watts of heat.

The implications are simply wonderful.

We have to get through the next set of tests. This cannot become a reality till the work on the ground verifies that we are right. So far superb results!

Thanks to all who helped. It looks pretty clear that we have not wasted a couple of decades of work. Thanks to all for their support through the decades!

“We have moved the airplane!”

If the Kelvin Probe work is successful we will be offering TO QUALIFIED PURCHASERS under signed ”Investment Letters”, and no offer of shares is hereby made, a maximum of 500,000 shares each of Cool Chips plc, Avto Metals plc and Power Chips plc at US$20/share. This US$30 million should give the companies enough funding to go cash flow and earnings positive and become real players in their respective markets.”

Again, we are working hard to get the initial Kelvin Probe Results. These kinds of problems happen all the time with the kind of scientific work in which we are engaged.

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Prague Stock Exchange

Please note again that Borealis is now listed on the Prague Stock Exchange, www.pse.cz

We do indeed want trading of BOREY on Prague Stock Exchange.

Click under Trading where we are listed as Borealis. There are not nearly enough bids though we have had as many as 100,000 shares on the bid at nominal prices and one bid for a day or so at the equivalent of over US$12/share since listing all without generating any trading. We need bids and offers on the PSE with trading. We really want trading on the PSE.

Every US Broker should be able to trade on the PSE electronically. The same should be true for all brokers from Shanghai to Toronto.

http://xetra.com/xetra/dispatch/de/kir/navigation/xetra

We have tried to provide, everyone with instructions for each individual broker so they can trade BOREY on the Prague Stock Exchange. Remember the brokers have shown that they do not want to trade BOREY in Prague. We need to get all the machines reset, which is not trivial. We have basically failed in this effort so far.

We are here to help to get trading going at http://www.pse.cz/Cenne-Papiry/Detail.aspx?isin=GI000A1J9JJ0#OL

Prague is on the right platform for worldwide trading; we just have to get the right switches turned on. We are planning in the future to list all of our companies in Prague.

We are working on the issues. Thanks for everybody who is working to buy and sell BOREY on the Prague Stock Exchange. Please call either of us to discuss if you have any ideas to get this going. Thanks for your patience.

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