Alot of attention over the last couple of days since Genepax’s press release has been given to how one can invest in their company and in their proprietary water energy system (WES). With WES, the car runs on water alone. Some kind of “battery” or “electrical generation machine” separates the hydrogen from the oxygen and uses electrons from the hydrogen to power the car. It’s not at all a perpetual motion machine, and they don’t claim it is. They claim two things only: 
(1) it does not use fossil fuels
(2) it does not produce carbon emissions.
If they need a “battery” of some kind to do this, great! A friend of mine pointed out that the reason they’re taking it public in this way (as opposed to just privately getting financing) is so that the world will know they’ve done this. A big auto-maker like GM might otherwise have bought the technology up and buried it (GM did have a fully electrical car available already in the 80’s…).
So How Can You Invest in Genepax?
The short and quick answer is that you can’t. #1, they’re not a public company yet. So they’re not listed on any stock exchanges. They’re a private research and development (R+D) firm looking for more financing so they can mass-market their car. This means they have no shares for you to buy. Not individually or through ETFs.
#2 But you can invest in whomever will give them a production contract. This is why you should pay attention to the story and wait to find out what large corporation or venture capitalist steps in to finance the next stage of their production. It might be possible for you to then invest in that company. You can research who the candidates might be now. What firms have financed similar technologies in the past?
#3 It might also be a good time to invest in Honda and Toyota. You know they’re going to try to match this with a similar technology if they are not the ones buying this up. One difference between Honda’s FCX Clarity and Genepax’s water car, obviously, is that the Clarity does not run on water. The Clarity might still be a better bet if it doesn’t use up yet another precious resource as water is (although, to their credit, Genepax’s car is purported to be able to run even using rain and seawater. If that is the case, then they’ve really got it made.)
GM also has fuel-cell technology going on, but the Chevy fuel-cell won’t be available for another 6 years. It doesn’t look as nice as the Clarity, either. The Clarity will be available in California next month. That’s where I’d be putting my money. The question is whether the new viability of fuel-cells for the market will bring oil prices down (due to less demand)? Probably not. It’s going to be many years before the entire globe is using fuel-cell. The airline industry alone can gobble up the rest of the world’s oil no problem. Of course, Genepax has their eye on taking their own technology to the skies and seas as well.
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{ 2 comments }
Wait did that just say that water is a precious resource? It covers 2/3 of the friggin globe… we are not gonna run out any time soon.
True, there’s a lot of salt water around the earth, about 97% or something of total water, leaving 3% fresh water – a supply that is not available to everyone and is arguably decreasing for various reasons (Canada’s own sewage pollution record is pretty bad).
If a company like Genepax can figure out how to get energy from the water we *don’t* need for drinking, like salt water, or the polluted water, then we’re all set.
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