Market and the EV world paying more attention to SEFE, Inc. stock and atmospheric energy
Founded in 2004 as Midnight Candle Company, SEFE, Inc. changed its name in July 2010. Headquartered in Scottsdale, Arizona, little did the general public know that SEFE, Inc. would so quickly get compared to other alternate energy giants such as First Solar; yet, it favors atmospheric energy over solar energy.
And speaking of footprint, unlike other forms of energy collection, SEFE has virtually no carbon footprint. So, it’s greener than green alternatives.
The finance page of Yahoo, for example, lists SEFE, Inc. on the OTCBB exchange as well as an alternative energy company, engaging in developing, producing, and selling atmospheric energy technology. Right now, the company is developing its flagship product, Harmony, an aerostatic collector to harness atmospheric electricity and convert atmospheric electricity into usable power.
The system’s design employs an airborne carrier, which can be a high-altitude weather balloon or blimp, to send a conductive cable into the atmosphere, where it is suspended and tethered in constant contact with a ground unit. Attached to the conductive cable is a “black box” which converts the naturally occurring electricity into usable form. The electricity is sent down the conductive cable to a power generator, which, in turn, can send the power to an existing electric company’s infrastructure and grid for commercial and residential consumption. This platform generator also can convert the electricity for longer-term storage.
In plain English, it captures static electricity from the atmosphere and makes it usable for human function such as mining, manufacturing, and construction companies; utility companies; and mining relief organizations. The system could also reconvert the alternating current back into direct current form for longer-term storage in banks of batteries.
Its history record on its website records its first approach to atmospheric energy:
In 2008, SEFE began research into the possibility of capturing pervasive electricity from the atmosphere into a usable commercial form. The company filed a patent application for an Atmospheric Electrical Generator, with the patent awarded as #7,855,476. During that time period, a patent application was also filed for a Dynamic Electrical Converter System, which would be the conduit between the static electricity and energy storage.
Then, in 2009, the team developed a prototype to field test the functionality of capturing and converting energy from the atmosphere. During this testing phase, the team found that atmospheric electricity holds relatively constant, with no great fluctuations. This finding accelerated testing, in that the team could now be assured that the unlimited and continual supply of electricity warranted further exploration. To this end, patents were filed for an Atmospheric Static Electricity Generator and an Atmospheric Electrical Generator with Change of State.
So, when you think about it, their website really says a mouthful when it states that it isn’t alternative energy, because alternative energy—like wind farms, solar arrays and the like—actually need to create electricity from some other means.
Why is this company getting so much attention in the past few weeks, though? Reason is, investors see the potential, not to mention its target as a takeover by larger companies such as General Electric (NYSE: GE), for example, which already has a major interest and stake in windpower. It’s getting article attention from MarketWatch.com and a host of other financial news sources as well; and the reason is simple. SEFE’s patent bin alone is larger than the patent bin that First Solar (NASDAQ: FSLR) had when it went public.
The greener and more natural our power sources become, the more ready will out society be to attain full independence from fossil fuels as a transport fuel.
That’s why SEFE calls it True Energy, because it’s not an alternative to anything. It IS the source—unadulterated, carbon-free, always-on and without all the inherent issues and potential dangers of nuclear, coal-fired, hydro-electric or other types of power.
True Energy is pure, and it is ubiquitous. So, think everywhere, the future of power. SEFE technology is merely the harness, while business and automotive is the conduit as usual.
Of course, there is a long way to go to get this kind of thinking contributing to the national grid in a meaningful way.
[Full Disclosure: Frank picked up 100 shares today as a token part of the family’s long-term IRA holdings]