Page 5 - Ultimate OFF-GRID Generator PDF Book Download (Michael Morgan)
P. 5
Without his backers knowledge, he intended to develop a
small, simple device that would cost under $500, and that
people could use to get renewable electricity forever...
save thousands of dollars over a lifetime, and effectively
bankrupt the power companies.
He had all the reasons to believe this would work.
In fact, Tesla was quoted as saying...
"Electric power is everywhere present in unlimited
quantities, and can drive the world's machinery without the
need for coal, oil or gas."
But the big banks, especially his main sponsor, billionaire
J.P. Morgan, knew very well what this meant…
Free electricity was something that the electric companies
couldn't meter... couldn't sell... and couldn't make any
money from.
