They kicked these guy's out of the contest, BOOO 
www.space.com...
"In light of the novel and untried technology you propose, the Committee has a concern of the credibility of this technology. The X Prize Foundation
strongly encourages the use of all technologies for the X Prize competition. However, over the past years, we’ve been besieged by a variety of groups
making technological claims that weren’t real," explains Ken Davidian, Director of Operations for the St. Louis, Missouri-based X Prize Foundation,
in the letter to GCT.
That is so lame, they didn't even give those guy's a chance.
If they had competed, it would most certanly have been an eye opener for many aerospace companies.
Xprize official website
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C'mon Zion. 
I have read the whole article and I understand them ( the both parts ). Anyway, GCT do not expect a first flight test BEFORE 2012. And GCT was NOT
looking for any money, just to enter the conquest. It will not prevent GCT to do what it has to do. And if their technology is really working, or seem
to work, they'll enter the contest.
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Hmmn...
Though I agree with the X-Prize committee's decision, it's still fun to think that we could buy rides on 1000+ person saucers by 2012...
Also, maybe the government should think about releasing its gravity tech to the public before any foreign companies can corner the market on its use
(if this company can get this thing to work, Boeing's commercial business will dissapear overnight).
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