This is just a business plan put together to entice a venture capitalist. If you will note from the paper, they don't even have a working prototype yet.
Planned steps (Milestones):
Manufacture of a prototype RQM impulse converter Q3 2009
Manufacture of the first RQM impulse converter series Q1 2010
Non-stop operation of the RQM energy testing center Q2 2010
International press conference, presentation of the principle Q3 2010
Development of the first RQM 1-25kW prototypes/endurance tests Q4 2010
EAVCF Inc. listing on NASDAQ (stocks) Q4 2010
Manufacture of the first RQM 1-25kW series Q1 2011
Delivery of the first RQM 1-25kW aggregate Q2 2011
Production completion/delivery of RQM 1-25kW aggregates Q2/4 2011
If they can actually make it work then great, but right now it is just a request for money to continue research.
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Some days I get the sinking feeling that Orwell was an optimist!