Billionaire and 'Shark Tank' investor Mark Cuban has put forward $250,000 of his own money to help the "PowerPot" succeed, a pot that lets you charge your smartphone with boiling water.
Cuban paid $250,000 for a 12 percent stake in the company, a seat on the board of directors and 3% in "adviser options." With the investment, the company is worth over $2 million, seemingly a good value ... [ read the full article ]
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water powered mini generators (basically thats what it is) could be useful in remote places with no electricity like villages in parts of africa with no mains electricity, $150 isn't that much if 150 people put $1 each in and share it.
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This definitely looks like something innovative and life changing. I have read stories about how villages in rural areas of the world have people that, for a fee, will transport electronic devices to the nearest village with power, in order to charge those same devices. This could be a game changer for them, and could possibly upgrade the way of life for all involved. It will be interesting to see where this device ends up.
I think it would be a scam if it didn't perform as advertised. While $150 would be quite an investment for those don't quite have that amount of capital, I could imagine that as it is produced, the cost of production will become less as it is matured. I could imagine that someday it would be "Ronco" branded, and be made available for $19.99 plus shipping and handling. And a second one available for absolutely free, just pay shipping and handling of $9.99! ;-)
Originally posted by Mrguss:
Originally posted by phobet: ...It will be interesting to see where this device ends up.
It will end-up scamming $150 to as many people they can scammed.
The worse things tho. is that they are after poor people. lol
Originally posted by phobet: ...and be made available for $19.99 plus shipping and handling. And a second one available for absolutely free, just pay shipping and handling of $9.99! ;-)
