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    • CommentAuthorjoshs
    • CommentTimeApr 7th 2011
     
    Three Steorn investors, apparently re-upped at the end of 2010.
    http://www.scribd.com/doc/52417975/Steorn-Raise-Half-a-Bar
    • CommentAuthortinker
    • CommentTimeApr 7th 2011
     
    And they have filed their overdue returns.
    •  
      CommentAuthorDerrickA
    • CommentTimeApr 7th 2011
     
    "Twitarded"
    One who takes fandom of Twilight, by Stephanie Meyer, to a level of or beyond obsession.
    Investors who bought Steorn shares based on the "3 kW - in the palm or your hand" tweet from Sean.
    • CommentAuthorjoshs
    • CommentTimeApr 7th 2011
     
    Posted By: DerrickA"Twitarded"
    [strike]One who takes fandom of Twilight, by Stephanie Meyer, to a level of or beyond obsession.[/strike]
    Investors who bought Steorn shares based on the "3 kW - in the palm or your hand" tweet from Sean.
    I like it.

    I mean just how completely fucking stupid does one have to be to give Steorn nearly half a million euros after all of their fails? If it isn't some sort of tax dodge, it simply boggles the mind.
    • CommentAuthorBigOilRep
    • CommentTimeApr 7th 2011
     
    You would have to think it's a case of Sunk Cost Fallacy

    Gobsmackingly stupid though.
    • CommentAuthorBigOilRep
    • CommentTimeApr 7th 2011
     
    Posted By: tinkerAnd they have filed their overdue returns.

    Yes, it's all steam ahead on the Good Ship Steorn.

    Now they just need that pesky perpetuum mobile to start working and they are all systems go!
    • CommentAuthorjoshs
    • CommentTimeApr 7th 2011
     
    Posted By: BigOilRepYou would have to think it's a case ofSunk Cost Fallacy

    Gobsmackingly stupid though.
    I think it is more like sunk cranium syndrome. Did Sean convince those three that Steorn needed the cash to buy parts for the ssOrbomination evaluation boards they never delivered?
    • CommentAuthorjoshs
    • CommentTimeApr 7th 2011
     
    Posted By: BigOilRep
    Posted By: tinkerAnd they have filed their overdue returns.

    Yes, it's all steam ahead on the Good Ship Steorn.

    Now they just need that pesky perpetuum mobile to start working and they are all systems go!
    Whatever is in their returns is now 18 months out of date. Still, it would be interesting to see just how low the larder was in September 2009 as they planned their big WW fail.
    •  
      CommentAuthorDuracell
    • CommentTimeApr 7th 2011 edited
     
    How do you spell "stupid" in Gaelic?


    Usually it would be: "dúr" (pronounced doore i.e. rhymes with tour or moore) or "amaideach" (pronounced ommaduck)

    I prefer "amaideach", as it derives from the Irish for "fool": "amadán." (pronounced ommadawn))

    Another nice Irish word for "fool" is: "óinseach." (pronounced ownshuck)
    •  
      CommentAuthorAngus
    • CommentTimeApr 7th 2011
     
    Posted By: Duracell
    How do you spell "stupid" in Gaelic?


    Usually it would be: "dúr" (pronounced doore i.e. rhymes with tour or moore) or "amaideach" (pronounced ommaduck)

    I prefer "amaideach", as it derives from the Irish for "fool": "amadán." (pronounced ommadawn))

    Another nice Irish word for "fool" is: "óinseach." (pronounced ownshuck)


    No shortage of fools, then.
    •  
      CommentAuthorDuracell
    • CommentTimeApr 7th 2011
     
    Posted By: AngusNo shortage of fools, then.
    Sadly, no. As evidenced by recent events in Irish banking and Irish financial regulation, and by the current Irish spending deficit.
    •  
      CommentAuthorAngus
    • CommentTimeApr 7th 2011
     
    Pity. We have a surplus for export. If you ever need any, give us a shout.
    •  
      CommentAuthormisterfish
    • CommentTimeApr 7th 2011
     
    There seems to be something of a glut in terms of global distribution of idiots, we seem to manage the supply of complete fuckwittery far more efficiently than we do food.
    •  
      CommentAuthormaryyugo
    • CommentTimeApr 7th 2011
     
    Well... I'm speechless.
    •  
      CommentAuthormaryyugo
    • CommentTimeApr 7th 2011 edited
     
    Let me amend that.



    1 April? Could it be phony? Otherwise it's a hilarious coincidence.

    Hey Joshs, where did you find it?
    •  
      CommentAuthorAngus
    • CommentTimeApr 7th 2011
     
    Posted By: maryyugo1 April? Could it be phony? Otherwise it's a hilarious coincidence.


    I believe they have always done this, as well as making announcements and demos on 1 April.
    •  
      CommentAuthormaryyugo
    • CommentTimeApr 7th 2011
     
    I have to admit I am totally flummoxed that anyone with that sort of money could be that dumb and that lacking in diligence. I am almost tempted to envy Steorn's ability to fleece them.
    •  
      CommentAuthoralsetalokin
    • CommentTimeApr 7th 2011 edited
     
    People have always been willing to throw money away on useless pastimes.
    Sailing and astronomy come to mind, for example.

    I think it really boils down to how much money you've got, how much the governments want, and how much you can get away with -- or rather, how much they will let you keep, and under what circumstances.
  1.  
    You could always ring Irene Kavanagh and ask her why. she's in the phonebook
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      CommentAuthorDuracell
    • CommentTimeApr 7th 2011
     
    Posted By: Angus
    Posted By: maryyugo1 April? Could it be phony? Otherwise it's a hilarious coincidence.


    I believe they have always done this, as well as making announcements and demos on 1 April.
    The "tax year" runs from April 1st to March 31st.