China Lab denies it is Developing a Time Machine

China Lab denies it is Developing a Time Machine
​

China’s largest particle physics lab has issued a statement that denies it is working on the development of a time machine after a document that claimed the lab was working with Ruitai Technology Development (pvt), a subsidiary of Ruitai  Corp (002066.CH) a refractory company, began to be circulated late last week.  The lab, which is state-owned denied its involvement with any such project or the company.  The document, which was said to be a PowerPoint presentation ‘mistakenly’ created by a financing information platform and indicated that the project was able to prolong life by distorting space-time, and had allegedly been ‘blessed’ by a number of prominent Chinese physicists.  The plan was for Ruitai Development, which had been formed last December, to raise ~$200m for the project, which was valued at $838b in order to set up an experimental lab on a 16 acre plot within 7 months.  The project plan was said to be ‘conservatively valued’.
It seems that Ruitai also denies any involvement in the project and has severed ties with the financial institution that created the document, although one wonders what their relationship was intended to be before the document became circulated, but it seems that there will be no Chinese time machine in the near future, at least not one that we will have access to, although the US has already developed one as seen in Hot Tub Time Machine 1 & 2.

Hot Tub Time Machine - Source: MGM/UA