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Author Topic: MAGP Magplane technology
MillerTIME
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Upticking
.065x.07

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Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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a surfer
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quote:
Originally posted by RagingBull:
silver surfer??

I do surf and I do hold real silver......

Hmmmm. Maybe you're right...

I am debating on adding to my position on this.

My long term patient side is telling me to.

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lostone
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ouch.. what's going on..
is it a good idea to average down?

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lostone

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10of13
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July 5, 2007 - 10:05 AM EDT


Magplane CTO Returns to France for Multi-Billion Dollar International Joint Project ITER Magnet System Review Committee
BEDFORD, Mass., July 5 /PRNewswire/ -- Dr. Bruce Montgomery, Chairman and Chief Technology Officer of Magplane Technology, Inc. (Pink Sheets: MAGP), returned to France this week to continue the magnet system review for the international nuclear fusion experimental reactor.

Dr. Montgomery sits on the review committee as one of four outside experts asked to review the magnet systems for the fusion reactor to be built in Southern France. The experimental reactor, called ITER, is a multi-billion dollar joint project between seven parties that include the European Community, Japan, China and Russia. Dr. Montgomery led the US magnet design team working on ITER prior to leaving the Massachusetts Institute of Technology in 1996 to join the private sector.

Magplane's passenger and pipeline systems rely on advanced magnetic technology to create strong levitation and propulsion forces to significantly improve the speed and capacity of transportation systems for people and materials. Magplane's recently announced agreements in Inner Mongolia to apply its pipeline technology to coal transportation will substantially reduce the cost and pollution associated with the use of diesel trucks.

Montgomery said, 'It's an honor to be selected for an ITER review committee. The magnet systems are a crucial component of fusion reactors and are equally important in the Magplane system. Magnetic drive and control systems allow Magplane to design efficient and cost effective pipelines to transport dry materials that are normally transported with diesel trucks. Diesel fuel is one of the most significant environmental pollutants so a reduction in diesel consumption will improve air quality and help to reduce global warming.'

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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a surfer
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moving steadily up on small volume. .08
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.10
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