REVscene Automotive Forum - Starlite, A material that could withstand 75 Hiroshimas

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Quote:

Originally Posted by Manic! (Post 7470033)

7% of a billion is a lot more than 100% of nothing.

That's why he got nothing instead

The guy is a genius but lacks common sense lol.

Did you guys bother reading the whole thing? Before commenting maybe read it..

Quote:

Ward's conditions were unusual. He wouldn't sign confidentiality agreements, which made government and defence companies uncooperative. In joint ventures, he insisted on keeping 51 per cent. 'If they'd wanted to buy it outright, they could have had it. But they always wanted a licence, and if they wanted that they had to sign an agreement that says they won't plagiarise or reverse engineer. If they don't sign that, they get a sample and then they reverse engineer and why would they bother to get a licence?' This was why NASA never signed up. It's why BAE didn't, or Boeing, or the dozens of other corporations and military establishments who got somewhere in negotiations but never to the end.

He wanted 51% in joint ventures ONLY, companies could outright buy it from him but didn't. They only want a sample so they could reverse engineer it. Thus the agreement for no plagiarise or reverse engineering.

He might've been greedy to the aspects of outright selling it, but cmon, a product that could withstand anything thrown at it, who wouldn't ask a billion dollars for it. IMHO I think he might've been abit greedy, but I would hold out the same. I wouldn't just go and hand out licenses so people can re-create my shit.

If this product is 100% real, it could completely change the ballistics industry for good.

Quote:

Originally Posted by melloman (Post 7472158)

Did you guys bother reading the whole thing? Before commenting maybe read it..

He wanted 51% in joint ventures ONLY, companies could outright buy it from him but didn't. They only want a sample so they could reverse engineer it. Thus the agreement for no plagiarise or reverse engineering.

He might've been greedy to the aspects of outright selling it, but cmon, a product that could withstand anything thrown at it, who wouldn't ask a billion dollars for it. IMHO I think he might've been abit greedy, but I would hold out the same. I wouldn't just go and hand out licenses so people can re-create my shit.

If this product is 100% real, it could completely change the ballistics industry for good.

Potential profits don't mean anything. There is still a lot of work that has to be done before it can be made into a commercially viable product.

I understand that. Yet he could make these at a small scale with the manchinery he had. All they would need would be a replica of the machine, just bigger.

Not like he has to do too much marketing for the product.. Having worldwide/global companies knocking at his door. Plus he had testing done to varify the strengths of the material.

Quote:

Originally Posted by melloman (Post 7472301)

Some things don's scale well and the guys like 75 plus years old.

Just take the 7% or what ever they are offering so he and future generations of his family never have to worry about money again.

Fair enough I guess.. I'd take something like 20% =P forever.. (pass it on by generation) lolz

Quote:

Originally Posted by melloman (Post 7472158)

but cmon, a product that could withstand anything thrown at it

I think it can only withstand heat.