The company does not claim to have prototypes because the cost of developing a prototype or production model is at least $3M to $5M; short of that is delaying this technology into the marketplace. Therefore, the opportunity is still open for qualified investors to fund the SEG project. However, the SEG Team is progressing at any rate with a series of research and development steps that have resulted in several proof-of-concept (POC) demonstration units. We are leading up to a prototype or the final POC demonstration unit.
We plan to develop the 15kW version of the SEG for mass production. Mass production costs range from $50M to $500M, and that is the only way to reduce the cost of the SEG to less than a comparable conventional generator of the same power rating. Once that level of institutional funding is gained, the SEG units will be available within two years.
No. The SEG concept at this stage is part of a Research & Development project and NOT a product of mass production, being the only way to make it affordable to the general public. Markets will determine the selling price, but we can estimate $15K for a 15kW SEG. Only a trusted $3M investor in this project will be privileged to own an SEG prototype because that is the project development cost.
No, but public announcements or updates will be posted on this website. However, note that this is a corporation and not a public forum for the public. Therefore, only officers, directors, executives, shareholders, and business partners are privileged to get highly confidential information and development updates.
We hope the SEG will be in the market before your graduation, and then we can hire you. However, to fully appreciate this technology, one requires knowledge of advanced materials, electromagnetics, and quantum particle physics. On the other hand, when it comes to manufacturing, we will need a wide range of skills from machining to robotics, like SpaceX and Tesla production plants.
Yes. The SEG is designed to be scalable up to one megawatt or more. The rule of thumb is 90 watts per pound of the generator’s mass weight. Therefore, a 200kW SEG will be about 13 times more massive than the initial 15kW version of the SEG currently under development. The generator is configured with pick-up coils that can be arranged for AC or DC output and fed to an inverter for any specific voltage and frequency.
Watch for updates on our website for any production plans and how SEG power can be purchased: not units initially. We are engaging accredited investors and funding groups interested in getting the SEG into the marketplace; only the lack of funding keeps SEG from deployment.
This company will not be involved in sales because all resources focus on research. The SEG is not a DIY subject matter. It can only be redeveloped in a laboratory and machine shops with industrial resources typically costing millions in infrastructure as it was done in the past by the inventor. It is wrong to assume the SEG was made in the past in a kitchen or garage, but rather the inventor was an employee of a national UK electricity company that allowed him to use all of the resources of its facilities during the 1950s.
First, we need to know if you qualify as an accredited investor. This is a private corporation this is selective about who can join our business venture; this means we need to know more about you and your interests to determine if you are like-minded with the SEG project's objectives. If you agree to proceed as an accredited investor, we will consider your request to invest in the company.
It boils down to a lack of trust and money between the inventor and past associations. However, Searl lacked the business infrastructure to make it more than just a personal research hobby of UK club members. The last working unit was confiscated from his home in 1982.
On the contrary, the lack of resources prevents rapid progress toward a prototype or at least the final Proof-Of-Concept (POC). This research corporation was formed after twenty years of personally investigating the inventor's stories and determining the technical details of the SEG concept. However, as a research company, the experimentation and the positive results drive this project forward. It is what has validated the technology beyond a reasonable doubt for the company's business to continue. Rest assured, the SEG Team relies on science, physics, and innovative engineering for progress. Much of it is now self-evident on the POC Demonstration table at our research facility. We are also confident in achieving more SEG POC progress as research continues.
Note: we do not claim the SEG is an over-unity device, but rather an energy-converting system of natural ambient energy into electrical power like solar, Windmills, and Hydroelectric systems.
It’s due to the rules and regulations the US Government imposes on small investors. Our company is registered with the SEC as 506c Corporation, and that allows SEG Magnetics to advertise the offering the rules states:
Under Rule 506(c), a company can broadly solicit and generally advertise the offering but still be deemed to be undertaking a private offering under Section 4(a)(2) if: The investors in the offering are all accredited investors; and The company has taken reasonable steps to verify that its investors are accredited investors, which could include reviewing documentation, such as W-2s, tax returns, bank and brokerage statements, credit reports and the like.
It all depends on the level of support this project receives from investors for the SEG R&D and production stages. Since the funds are not in place for mass production to make it available to the public, this is no way to inform anyone of any production dates.
1. You must be an accredited investor as detailed by the share agreement within the Invest section.
2. Submit your CV or resume summarizing your business experience for review and appraisal.
3. A shareholder of at least 20 SEG Magnetics, Inc shares.
4. A business location within the country of interest to securely showcase the technology.
5. Travel to our California location to meet and sign up with a license agreement.
The smallest version of the SEG that could be built is the 15kW SEG design. But it is possible to utilize only the first stage of Rings and Rollers to make a 3kW portable version for boating or camping applications. It would be about 30cm in diameter.
The SEGM project is more active and capable than ever before and building up with each passing year. Once funding for production is achieved, only then will it be possible to predict any SEG deployment dates. Such announcements will be made within the News and Events webpage. However, it is you the public, and investors that will determine how soon or later this technology will be available to the energy markets.
SEGM is structured as a Corporation with annual shareholder meetings. We do not assign tasks to anyone not employed and working full-time at our facilities. We need industrial and technical skills; submit your CV for such considerations. We are open to accredited investors who are like-minded to our mission goals. However, thank you for your interest in the SEG for a better future.
You or Greer must first reimburse our shareholders for their investments, but the proposal should be no less than $3M; otherwise, your recommendation can only appeal to freeloaders at SEGM shareholder's expense. However, SEGM will likely reject such proposals.
All investments, especially Bitcoin, involve risk, yet you are merely consumer-minded against a far more rewarding energy technology; cryptocurrencies will need it to reduce their carbon footprint.
Only SEGM shareholders can own an SEG; otherwise, only the electrons from the generator will be sold to industries.
Our progress has nothing to do with “luck” but rather hard work and determination, unlike your Bitcoin, which requires lots of luck that is more akin to casino gambling.