Defkalion Update

There’s not much news here, but I have been trying to find out more about the current status of affairs at Defkalion Green Technology, so I recently wrote to them asking if they could provide an update. I asked specifically about whether they were still planning to list shares on the Toronto Stock Exchange, something that their CEO Alex Xanthoulis earlier this year mentioned could happen this month.

This is the response I received from Defkalion:

Dear Mr. Frank Acland,

In response to your email of the 23rd November 2013. We regret to inform you that due to our current reorganization of our R&D centers and the commissioning of a new reactor, we are not in a position to meet and or discuss anything
At this stage. However we should be ready once again to do so by mid January 2014. At that time you will be welcomed.

Thanking You
Best Regards

There’s no mention here of going public, and it’s unclear what is meant by the reorganization of the R&D centers. They have been operating out of Vancouver Canada, and have had a partnership with MOSE in Milan which they have referred to as Defkalion Europe, but this center froze business operations following some unspecified measurement issues earlier this year.

I will contact them again early next year to see if they can provide more information.


  • tlp

    Peter Gluck’s insider information:

    http://egooutpeters.blogspot.fi/2013/11/cold-fusion-needs-new-paradigm-now.html#comment-form

    It is not good and not bad, it is standard but very fast R&D and who
    knows development work from very practice and not from books,
    newspaper or imagination can understand the implications of the
    action. I wrote about the first 5 generations of Hyperion in my blog paper about Yiannis’s visits to PIM Cluj (HENI architect..)

    Now
    comes Hyperion 6 a decisive step in development- preindustrial and the
    one aimed to do all those perfect, beyond any possible doubt DEMOs and
    third party tests that will convince the World that DGT has The new
    source of energy.
    According to the plan, the labs will be open for visitors next year mid February.
    Hopefully the so called Cold Fusion War will last no more than 25 years.
    Peter

  • Marc Ellenbroek

    I would be very sad if Defkalion would not succeed in their effort to bring LENR on the market. The only reason I can think of is that the test results of their prototypes (and Rossi’s?) are not consistant. This means that there are still too many unknowns in the LENR process. That can only be resolved by fundamental research, but who will pay for that? I would do that if I had the money.

  • Curbina

    I think many people that has been in contact with DGT would agree they are going through a rough financial spot. Not to be surprised any way, as selling a technology that has most of the scientific world against it was never an easy task. I certaibly hope they can get through, as the more players, the quicker LENR will become an everyday technology.

  • NCkhawk

    They must be out of money – the document links under the “Technology” page of their website show “account suspended” when clicked:

    http://defkalion-energy.com/technology/

    • ecatworld

      Well, those links are hosted on a different site (aromapress.com). Not sure if that would be a DGT owned site. Their own domain is live.

      • NCkhawk

        Noted but you have to wonder why they are leaving up “account suspended” on anything associated with their website. Its been that way for weeks. They can move the links to their own website – seems like something you would want to be paying attention to. To me it is indicative of much bigger problems – why create the doubt with something that should be easily fixable. Wishing them the best nonetheless.

      • Sanjeev

        Their site seems to show a wordpress template since last one year approx. Neither corrected nor updated after they closed down the forum.
        About their reply, it looks like the person is not a pro and did not understand your email or just pasted a canned reply to you. You are asking about the stocks and he is talking about a meeting.
        A lack of staff, money or both, not a good sign when world’s top 10 cos are their partner.