Chava Energy’s “UMES” fraud consists of soliciting and obtaining investments and grants in a blatantly fraudulent manner, making use in particular of the set of false pretenses, false statements, false claims and empty promises to be found in their “Ultraconductor Magnetic Energy Storage” fraudcraft.
Chava Energy’s “UMES” Fraudcraft
Even though neither MPI nor Chava Energy ever presented the slightest fulfillment of their endless claims to be on the verge of creating any “Ultraconductor” wire, and even though the creation of “Ultraconductor” wire would be a prerequisite for developing any Ultraconductor Magnetic Energy Storage (UMES) system , that didn’t stop Chava Energy from pretending that they were already developing the UMES system. After all, if they could develop a “Fractional Hydrogen” engine utilizing a type of hydrogen that doesn’t exist, and cannot exist, why shouldn’t they be able to develop an energy storage system utilizing a type of wire that doesn’t exist?
Chava Energy’s claims regarding “Ultraconductor” Magnetic Energy Storage (“UMES”) were fraudulent first of all because Chava Energy had never been “working towards achieving greater lengths of Ultraconductor Wire,” at all. They have only falsely claimed to be doing so, without ever actually doing any such work. The reference to “greater lengths of Ultraconductor Wire” misrepesents the true status of the “Ultraconductor” by giving the impression that at least a short “Ultraconductor” wire had already been developed – which is not true. Goldes’ company MPI had worked with a film which they claimed to be “ultraconductive” to current across the thin dimension, but had never succeeded in making any “ultraconductive” wire, at all.
“Superconducting Magnetic Energy Storage (SMES) systems store energy in the magnetic field of a superconducting coil. Direct Current flow in a superconducting coil creates the magnetic field and will last forever while the coil is cryogenically cooled to a temperature below its superconductive critical temperature.
“A typical SMES system includes three parts: superconducting coil; power conditioning system; and cryogenically cooled refrigerator. Once the superconducting coil is charged, the current will not decay and the magnetic energy can be stored indefinitely.
“The stored energy can be released by discharging the coil. Because of its superconductive ability, SMES systems are highly efficient with the least amount of electricity loss in the transfer process compared to other currently known or utilized methods of energy storage.
“However, the requirement for cryogenic cooling makes SMES systems very expensive and often impracticable.
“Chava’s Ultraconductor technology eliminates the need for cryogenic cooling since our proprietary conductive polymer material is superconductive at room temperature.
“Chava’s is working towards achieving greater lengths of Ultraconductor Wire™ from which a room temperature Ultraconductor Magnetic Energy Storage (UMES™) system can be made.
“UMES™ systems could be stacked and linked together to provide major utilities and industrial plant sites with efficient and cost effective energy storage. This allows for better planning for energy uses during the day and night without impacting present day power generation processes and would have substantial positive impact on lowering carbon footprints.
“In time, it is anticipated that UMES systems could be made small enough to be usable in numerous applications where peak energy demands are unpredictable or sporadic, such as in transportation systems like trains, marine vessels, automobiles, air transport.”