Wednesday, November 21, 2012

KNSC on a Roll

Kenergy Scientific, Inc. Announces Breakthrough Solar Technology- Notice Of Allowance Received From United States Patent Office

FLEMINGTON, N.J., Oct. 19, 2012 /PRNewswire via COMTEX/ -- Ken Glynn, President and CEO of GreenSmart Stores and Kenergy Scientific, Inc. (PINKSHEETS: KNSC), today reported that a Notice of Allowance has been received in US patent Application serial number 12/384, 822, filed in April, 2009. This is the granddaddy patent application on third generation solar power and represents a breakthrough for both the company and the technology. Ken is the sole inventor and is very pleased that the United States Patent Office has recognized the uniqueness of the technology. First generation solar involves the use of sunlight to heat things- water pipes for hot water, heat sinks for heat storage, etc. Second generation solar is using sunlight to activate photovoltaic cells (solar panels) to generate electricity. Ken is considered the father of third generation solar, that is, the generation of electricity and motor power from sunlight without the need for solar panels or other photovoltaics. The invention relates to reciprocal motion conversion to electricity and/or motive power from controlled sun and shade temperature differentials using liquid transfer phenomena and resulting weight shifting. This patent award will significantly increase the value of Kenergy's patent portfolio.
Ken was awarded the Green Citizen of the year at the Garden State GreenFest at Kean University in 2011, for his inventions in third generation solar and for the creation of the GreenSmart Store concept and he has more than twelve eco-friendly invention patents and pending applications. He is optimistic that other Notices of Allowance will follow this one.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

1 comment:

Alex zender said...

This provides very useful information.

penny stock