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Directory:GMC Holdings Corp.

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GMC Holdings Corp

Image:GMC Holdings Corp prototype close-up 95x95.jpg

Company claims a super-efficient or over-unity electromagnetic generator, coined REMAT™, an acronym for RARE EARTH MAGNETIC AMPLIFICATION TECHNOLOGY. There was an error working with the wiki: Code[1] urge caution apparent fraud.

On Feb. 22, 2008, the US Securities and Exchange Commission filed an action against GMC Holding Corporation (GMC) and its CEO, Richard Brace, for defrauding investors by issuing false press releases touting the company's development of a motor technology device capable of generating unlimited energy... http://pesn.com/2008/02/26/9500474_SEC_files_action_against_GMC_Holdings/

About

Official Websites

http://GMCHoldings.com - corporate site Now a Private Company -

http://www.rematinc.com - specific to the electromagnetic device - defunct

http://www.jagonline.net - forwards to rematinc.com

Youtube Videos

GMC HOLDING REMAT SQUARE WAVE ELECTRO MOTOR 10 300 WATT BULB (May 06, 2007)

GMC HOLDING CORP, REMAT , RARE EARTH ELECTRO MAGNETIC ENGINE (April 10, 2007)

Stock Symbol

Pink sheet GMCC

Photos

http://pesn.com/2004/11/18/6900053GMC_Holdings_Fuel-less_Motor/images/GMC_Holding_MagMot_alone_140.jpg

http://pesn.com/2004/11/18/6900053GMC_Holdings_Fuel-less_Motor/images/GMC_Holding_MagMot_140.jpg

In the News

Google News > GMC Holdings

SEC Files Action On Fuelless Motor Fraud - The US Securities and Exchange Commission has filed an action against GMC Holding Corporation (GMC) and its CEO, Richard Brace, for defrauding investors by issuing false press releases touting the company's development of a motor technology device capable of generating unlimited energy. (PESN Feb. 27, 2008)

GMC Holding draws SEC scrutiny and temporary suspension - A retooled perpetual motion promotion trading on the scandal-plagued pink sheets, has drawn a temporary suspension from the U.S. Securities and Exchange Commission. (StockWatch Mar. 8, 2006) (Thanks ZPEnergy Mar. 13)

GMC Holding Corp. Announces New Investor Relations Contact - (PR Newswire (press release), Sep 13, 2005)

GMCC Announces REMAT™ Production Prototype - Electromagnetic system said to tap into magnetic energy for the generation of usable power. (PESN, July 1, 2005)

Image:GMC Holdings Corp prototype 95pxw.jpg

What Lutec, GMCC, Bedini, and Bearden Technologies May Have in Common - Sterling Allan wonders if they key to each of these varying electromagnetic technologies is that they include permanent magnets that transiently flip in polarity when confronted with a properly pulsed coil, opening a gate to some kind of yet-to-be defined energy. (PESN, June 28, 2005)

Holdings_Fuel-less_Motor/ Fuel-less Motor Design Announced by GMC Holdings - Stand alone, pollution free, quiet, cool running, scalable. Still in research and development stage. (PESN, Nov. 18, 2004)

Other relevant coverage at PESN.com

Applications

: "In our announcement Sept. 8, 2005, we indicated two markets for the first

application of our technology -- golf carts and utility vehicles. By no means

are these our only markets to consider. We can scale these

motors to be as small as a heart pacemaker and large enough to power a city.

They can be constructed as small fractional horsepower motors to thousands of

horsepower. We have identified hundreds of markets for licensing worldwide.

We will enter these markets by manufacturing internally and/or licensing the

REMAT motor technology to various existing motor manufacturers of all possible

motor sizes limited only by the manufacturing capability of the licensee." (ref)

Skeptics

GMC Holding draws SEC scrutiny and temporary suspension - A retooled perpetual motion promotion trading on the scandal-plagued pink sheets, has drawn a temporary suspension from the U.S. Securities and Exchange Commission. (StockWatch Mar. 8, 2006) (Thanks ZPEnergy Mar. 13)

Reasons for Caution

The company is new in the arena of energy, and though they might think they have something, they do not have the experience to know 1) if they really have something, 2) how to successfully take something to market in this field that is new to them.

The report claiming independent verification by professor Eugene P. Augustin reveals that he is probably not familiar with this genre of device, and hence does not know some of the tricky things to look for to make sure he is seeing what he thinks he sees in reporting 140 - 150% efficiency.

The company personnel seem to be afflicted with exuberance over the possibility of over unity, and have not worked through the numbers in computing device cost versus usable energy output. Even if they do have what they think they have, it may be years before they work through the bugs and refine this technology to the point of being able to withstand the rigors of market distribution.

Some skeptics are accusing this company not just of exuberance but outright fraud. If these skeptics have evidence to support such an assertion, they may post it here.

Stock

On 1 Oct 2006, User:Gwrogers wrote, Inventor has 200,000 shares of stock available for immediate sale.

See There was an error working with the wiki: Code[2] comments above

Contact

company contact page

Offices of Global Managed Concepts

105 Concord Dr. Suite 101

Casselberry, Fl. 32707

407-834-9400 [ ph ]

407-834-9578 [ fax ]

Bruce McKenzie, President

Richard Brace

Phone: 407-834-9400

richardbrace@jagonline.net

Dan York, Investor Relations

email GMCCIR@dallastexas.net

phone: 214-675-2531.

Eugene

eugenepaugustin@jagonline.net

Comments

See Talk:Directory:GMC Holdings Corp.

See also

Directory:Electromagnetic

- Directory

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News

There was an error working with the wiki: Code[3]

There was an error working with the wiki: Code[4]

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