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	<title>VentureBeat &#187; orbo</title>
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		<title>VentureBeat &#187; orbo</title>
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<copyright>Copyright 2012, VentureBeat</copyright>		<item>
		<title>The Zap-X dream car, so much hype?</title>
		<link>http://venturebeat.com/2007/07/10/the-zap-x-dream-car-so-much-hype/</link>
		<comments>http://venturebeat.com/2007/07/10/the-zap-x-dream-car-so-much-hype/#comments</comments>
		<pubDate>Tue, 10 Jul 2007 19:26:12 +0000</pubDate>
		<dc:creator>Matt Marshall</dc:creator>
				<category><![CDATA[VentureBeat]]></category>
		<category><![CDATA[orbo]]></category>
		<category><![CDATA[zap x]]></category>

		<guid isPermaLink="false">http://venturebeat.com/2007/07/10/the-zap-x-dream-car-so-much-hype/</guid>
		<description><![CDATA[<p>Santa Rosa, Calif. company Zap, a company that has gone through bankruptcy once already, is asking for $25,000 deposits on its electric car that has yet to be built.</p>
<p>The company is making all kinds of promises (first reported by &#8230;</p><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&amp;blog=342986&amp;post=20906&amp;subd=venturebeat&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><img src='http://venturebeat.files.wordpress.com/2007/07/zapx.jpg' alt='zapx.jpg' />Santa Rosa, Calif. company <a href="http://www.zapworld.com" target="_blank">Zap</a>, a company that has gone through bankruptcy once already, is asking for $25,000 deposits on its electric car that has yet to be built.</p>
<p>The company is making all kinds of promises (first reported by <a href="https://www.mywire.com/Auth.do?extId=10022&amp;uri=/archive/forbes/2007/0618/050.html" target="_blank">Forbes</a> and picked up by a <a href="http://blog.wired.com/cars/2007/06/is_zap_a_flimfl.html" target="_blank">Wired blog</a>) that seem too good to be true:</p>
<p>It will recharge in 10 minutes and travel 350 miles on that charge. It will go zero to 60 mph in 4.8 seconds and carries seven passengers. The windows are made out of photovoltaic glass that turns sunlight into horsepower. ZAP stands for Zero Air Pollution, quite an impressive name for a car. More <a href="http://www.zapworld.com/ZAPWorld.aspx?id=4560" target="_blank">details here</a>.</p>
<p>Of course, there is no vehicle that remotely approaches this sort of dream car.</p>
<p>Be wary of hype. Clean-tech is hot,  and making wild promises without actually achieving the results in the lab is enticing because it helps you get attention, and possibly money. Steorn has been making claims about making &#8220;free energy,&#8221; and saying it wanted scientific approval before raising money, but it looks <a href="http://venturebeat.com/2007/07/05/orbo-energy-wonder-apparently-a-hoax/">really flimsy so far</a>.</p>
<p>That said, some publications are taking Zap seriously (see <a href="http://www.insidegreentech.com/node/677" target="_blank">Inside Greentech</a>). It is publicly traded, over the counter (ZAAP), and <a href="http://www.zapworld.com/ZAPWorld.aspx?id=254" target="_blank">here&#8217;s the management team</a>. Any experts out there have any thoughts on this?</p>
<p>Anyway, it&#8217;s a reminder that industry bubbles can cause unbridled optimism. Check out this story over the weekend in the <a href="http://www.sptimes.com/2007/07/01/Southpinellas/Invention_was_too_goo.shtml" target="_blank">St. Petersburg Times</a> about Brent Kovar, who said he had breakthrough satellite communications technology, raised $21 million from his wife&#8217;s relatives and many others, but it was a scam. He took people for a ride for an entire decade.</p>
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	<enclosure url="http://venturebeat.files.wordpress.com/2007/07/zapx.jpg?w=150" /><source url="http://venturebeat.com/2007/07/10/the-zap-x-dream-car-so-much-hype/">The Zap-X dream car, so much hype?</source>
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			<media:title type="html">vbmattmarshall</media:title>
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		<title>Orbo energy wonder apparently a hoax</title>
		<link>http://venturebeat.com/2007/07/05/orbo-energy-wonder-apparently-a-hoax/</link>
		<comments>http://venturebeat.com/2007/07/05/orbo-energy-wonder-apparently-a-hoax/#comments</comments>
		<pubDate>Thu, 05 Jul 2007 19:58:07 +0000</pubDate>
		<dc:creator>Matt Marshall</dc:creator>
				<category><![CDATA[VentureBeat]]></category>
		<category><![CDATA[orbo]]></category>

		<guid isPermaLink="false">http://venturebeat.com/2007/07/05/orbo-energy-wonder-apparently-a-hoax/</guid>
		<description><![CDATA[<p>We were skeptical yesterday when we reported on all the hype about a supposed free, clean perpetual energy source. We suggested it was hoax.</p>
<p>Apparently it is. Someone who spoke to a representative of the company, after the Orbo device &#8230;</p><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&amp;blog=342986&amp;post=20765&amp;subd=venturebeat&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><img src='http://venturebeat.files.wordpress.com/2007/07/orbo.jpg' alt='orbo.jpg' />We were skeptical yesterday when <a href="http://venturebeat.com/2007/07/04/steorns-hyped-claim-about-free-constant-energy-on-show-tomorrow/">we reported on all the hype</a> about a supposed free, clean perpetual energy source. We suggested it was hoax.</p>
<p>Apparently <a href="http://freeenergytracker.blogspot.com/" target="_blank">it is</a>. Someone who spoke to a representative of the company, after the Orbo device apparently broke down with a &#8220;heat&#8221; problem, writes the following:</p>
<blockquote><p>Most tellingly he admitted before 4 witnesses that there was no load bearing Orbo device inside the Kinetica museum. No weights being lifted by any device. Just a spinning Orbo (still requiring fixing) . He explicitly said that &#8220;the load bearing device is back in Dublin&#8221;.</p></blockquote>
<p>Apologies for the distraction.</p>
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	<enclosure url="http://venturebeat.files.wordpress.com/2007/07/orbo.jpg?w=130" /><source url="http://venturebeat.com/2007/07/05/orbo-energy-wonder-apparently-a-hoax/">Orbo energy wonder apparently a hoax</source>
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