Changes

In 2006 Steorn allegedly earned 2,5 Million Euro through investors. Overall, Steorn is said to have received more than 8 Million Euro from investors, issueing company shares in return. Critics accused Steorn of only being a clever marketing company which employed claims to attract interest in order to win future customers.

In 2006 Steorn allegedly earned 2,5 Million Euro through investors. Overall, Steorn is said to have received more than 8 Million Euro from investors, issueing company shares in return. Critics accused Steorn of only being a clever marketing company which employed claims to attract interest in order to win future customers.

Sean McCarthy resigned as secretary(director) of Steorn in April 2011, the new board of directory consists of the main investors representing over 10 million in Steorn investments.<ref>[http://www.scribd.com/doc/52869096/Steorn-B10-20110411 Resignation of McCarthy and new board of directors], Scan of papers</ref>

Sean McCarthy resigned as secretary(director) of Steorn on Februar 14, 2011, the new board of directory consists of the main investors representing over 10 million in Steorn investments. A new company "The Steorn Orbo Trust" was founded on March 2, 2011 and officially registered on March 28.<ref>[http://www.scribd.com/doc/52869096/Steorn-B10-20110411 Resignation of McCarthy and new board of directors], Scan of papers</ref>

A patent for the Orbo technology was allegedly submitted by Steorn, but not granted to date (March 2011). Steorn does own several patents on magnetic measurement devices:<ref>[http://v3.espacenet.com/searchResults?bookmarkedResults=true&submitted=true&DB=EPODOC&sf=q&&IA=steorn Steorn search in patent database]</ref>

A patent for the Orbo technology was allegedly submitted by Steorn, but not granted to date (March 2011). Steorn does own several patents on magnetic measurement devices:<ref>[http://v3.espacenet.com/searchResults?bookmarkedResults=true&submitted=true&DB=EPODOC&sf=q&&IA=steorn Steorn search in patent database]</ref>