It cannot possible be true, at least not as described in the summary that they give off the initial part of the page. They claim it generates electricity and requires no sort of power source for itself.
That would violate one of the most fundamental laws of physics.
"Energy cannot be created or destroyed. It can just be changed from one form to another."
Pardon me while I geek out a second. Energy can be created and destroyed in cases of decay, such as is observed in a nuclear reactor, the big bang, or an atomic bomb. What I've learned so far in my physics major is:
conservation of mass and conservation of energy are pretty good approximations
conservation of mass and energy is a better approximation
the math predicts some weird stuff, and we haven't seen experimental evidence of some of it yet
But, what matters here is that it's snake oil. "Zero point" energy for $100 using magnets? And a 4 min clip of a documentary touting Tesla's energy towers?
I really appreciate that this generator gets to ignore the laws of thermodynamics. I was trying to do that for 2 of the 3 terms of PChem I had last year.
Here's the real kicker, though. If this thing were in fact creating energy and you didn't plug it in it must be accelerating, radiating, of increasing in mass (or a combination of the 3). Either way, you're talking about a bomb. So, in order to NOT DIE you're going to have to balance the energy created with the energy you take out of the system at all times. Good luck, as far as I can tell it doesn't have a throttle.