Controversial D2Fusion changing hands

The bulletin board company that owns nuclear fusion researcher D2Fusion today announced it is selling it to another penny stock company.

Solar Energy Limited (OTCBB: SLRE) says it's received an offer from the ominously-named Shadow Marketing (OTCBB: SDWM) to purchase 100% of the shares of D2Fusion, Inc. (“D2”).

D2 is focused on developing "low-cost, clean, practical nuclear energy applications" based on nuclear fusion.

The company is trying to develop products derived from work sometimes referred to as LENR (Low Energy Nuclear Reactions) or CANR (Chemically Assisted Nuclear Reactions). These reactions utilize deuterium, a common isotope of hydrogen, which when loaded into solid-state materials produces heat and helium without significant energetic radiation such as neutrons, gammas, and x-rays.

Senior scientific advisor to D2 is Martin Fleischmann, who 18 years ago with colleague B. Stanley Pons stunned the scientific world with news that they had discovered a room-temperature way to create nuclear fusion.

The two were ballyhooed and then discredited and then largely forgotten when other scientists around the world had trouble replicating their work.

Shadow’s offer proposes to issue 30 million shares to Solar in exchange for 100% of the shares of D2. The offer is subject both to Solar securing an ongoing management team for D2 and to Shadow demonstrating that it will have $2 million in working capital available for D2 to complete its 12 month business plan on or before the closing of the transaction.

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