Physics behind Crealev's devices.

[lightmass]

I am interested in hearing your comments about the physics behind Crealev's levitating devices (http://www.crealev.com/). It is known you can beat Earnshaw's theorem using spinning magnets:
http://en.wikipedia.org/wiki/Spin_stabilized_magnetic_levitation

but in Crealev's devices it seems there are no moving parts (and of course no superconductors).

Could it be diagmagnetism created by Eddy currents?

 

[elegysix]

it does not show much about the base... from what I understand you can levitate a permanent magnet by rotating the fields around it. So my guess is that there may be a permanent magnet in the levitated object, while the base provides a dynamic field. you don't need moving parts in the base either, just a configuration of coils and some electricity.