From what I understand about the machine, it uses magnet's attractive and repulsive properties to keep running. A stationary magnet is approached by a moving magnet with the attractive sides (one positive/one negative) facing eachother. When the magnets pass eachother, the moving magnet rotates so that the repulsive sides (both positive or both negative) face eachother. This would propel the moving magnet towards and then away from the stationary maget. If you have many of the stationary and moving magnets you would get quite a bit of continuous power.
The law of conservation of energy states that the total amount of energy in any isolated system remains constant but cannot be recreated, although it may change forms, e.g. friction turns kinetic energy into thermal energy. In thermodynamics, the first law of thermodynamics is a statement of the conservation of energy for thermodynamic systems, and is the more encompassing version of the conservation of energy. In short, the law of conservation of energy states that energy can not be created or destroyed, it can only be changed from one form to another.
Magnetic fields exist as an innate property of the magnet...it can be thought of as a permanent energy source that does not require any energy input to exist...if you take the above definition and this statement together, it may mean that this machine is possible. The magnets used in the machine were of a very strong variety and their field was projected to last 1300 years...that's a lot of free energy.
It's one of those things that most would have to see to believe and, also, one of those things that some would not like anyone to believe.
TBGO