Power Generation

Since this is my first post to this forum, I'd like provide some 
background.

I'm a semi-retired professional engineer with over 30 years experience 
in the energy energy. I was plant manager of a 250 MW natural gas fired 
combined cycle power plant from 1999-2007. I have a Bachelors and 
Masters degree in Chemical Engineering. I have extensive experience in 
oil refining, natural gas processing/pipelines, chemicals manufacture, 
coal gasification and power generation. I currently do contract work in 
the energy field through my own engineering company.

I've been casually following Blacklight Power for several years. I'm 
deeply skeptical Blacklight, both from a technical and a business 
perspective.

The 'first commercial license' announcement is totally underwhelming. 
Roosevelt County Electric Co-operative is a tiny power distribution 
company. They have zero power generation assets. Their website lists 
all 39 employees in the company which includes the custodian (:->). I'm 
sure they do a fine job distributing electricity, but lack the 
expertise to evaluate and implement revolutionary technology.

Furthermore, this tiny company has a wholly-owned subsidiary called 
Estacado Energy Services. It's not hard to set up a company with no 
employees. I'm currently president of my own company which has zero 
employees. Just like Estacado, I could sign a licensing agreement for a 
a nominal sum... say... pay me $10,000. You can use the name of my 
company and do whatever experiments you like. Blacklight Power can then 
trumpet that they have their first commercial licensing deal. To the 
uninformed, this might seem impressive.