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Non-Tech : Save The World Air Inc. (ZERO) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (249)	7/25/2000 8:42:57 PM
From: Arcane Lore	Read Replies (2) \| Respond to of 445

Thanks to the RB poster "STOPTHECON" for locating the following story from the Queensland Courier-Mail: Aussie big names in row over car device Michael Cameron, Chris Griffith and David Murray 26jul00 PROMINENT Australians are embroiled in a feud over an anti-pollution device which has seen a Gold Coast-based company's US share price soar from 10c to $US12 in eight months. The increase has sparked an investigation by the United States Securities and Exchange Commission into the company's bona fides. And racing car champion Geoff Brabham, insurance icon Sir Justin Hickey, and Griffith University academic Dr Allan Edwards have all disassociated themselves from the project, which also claimed the support of bush artist Pro Hart. Trading in Save The World Air Inc shares was suspended by the SEC amid concerns about the accuracy of testing and performance claims. The market value of the Carrara-based company rose from next to nothing to $200 million by July 6 as word spread about its Zero Emission Fuel Saver (ZEFS). About 30 percent of the stock is owned by Queensland businessman Jeffrey Muller, the former owner of the Chargers Rugby League team. The rise gave Mr Muller a paper fortune of about $60 million at the time. According to the company website, ZEFS was Pro Hart's invention. The Web page lists as "current advisers to the board" insurance industry magnate Sir Justin Hickey, racing legend Sir Jack Brabham and his sons Geoff and Gary, and boasts testimonials from former federal minister John Brown, champion golfer Wayne Grady, and Dr Edwards. But Sir Justin, 80, said yesterday that he had pulled out of Mr Muller's project and withdrew his investment years ago because "I didn't want to be involved". Geoff Brabham denied he was ever an adviser to the board. He said he had seen the fuel saver working at a demonstration a year ago, but never tested or endorsed it. Dr Edwards, a health and physical education instructor at Griffith University, said Mr Muller had ignored three requests sent since last year to drop all references to him in his literature. He said an assessment of the device - a creation about the size of a cigarette packet that claims to reduce car exhaust emissions to as low as zero - was outside his area of expertise. Researchers contacted by The Courier-Mail said the device was similar to those used in the Soviet Union and in World War II by aircraft using low grade petroleum. Newspaper reports in 1992 indicated the project was started by retired Canberra engineer Roy McDonnell, then 75. Australian National University researcher Dr Andrei Rode said yesterday that Mr McDonnell had paid him to test the device in the ANU laser physics centre. He said its magnetic field did decrease the size of fuel droplets, leading to fuel economy. thecouriermail.com.au