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EMC2 needs to become a for profit company.

Posted: Fri Jun 25, 2010 7:15 am
by cgray45
I was speaking to a fellow who had invested in some concepts and he stated that the fact that EMC2 was a charitable organization pretty much was a show stopper for him for the following reasons.

1. If it is ever proved, other people will make money off of his investment.

2. "Free" = worthless. How can you expect others to trust you if you don't have enough confidence in your design to offer stock that will one day pay dividends.

I was thinking about this-- there have been many corporations that have amassed huge amounts of capital for quite odd concepts-- maybe the time has come for EMC2 to bite the bullet, become a corporation, and offer stock, dividends to be paid out of the fees made from licensing polywell technology, when and if it is developed.

Posted: Fri Jun 25, 2010 9:29 am
by MSimon
EMC2 is a corporation. It just doesn't offer stock at this point except to insiders.

I imagine they will go public when they feel the time is right.

Free does not preclude development. It just lowers the profit potential. There is a LOT of free technology out there. And yet people can still buy shirts and pants. But the margins are low.

Posted: Fri Jun 25, 2010 11:40 am
by KitemanSA
JEEZ people, please think about what you read! EMC2 IS a for profit corporation. It is not now nor was it ever a NOT for profit corporation.

EMC2 Fusion Development Corporation, a DIFFERENT entity, is a not for profit corporation seeking money to hire EMC2 to do some not for profit research.

Got it? Yet? Please!!!

TWO DIFFERENT ORGANIZATIONS!!!

Now?

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