SVP holds that matter does transform into energy but on the microcosmic level, everywhere and continuously. They (Black Holes) cannot exist independently, according to laws of SVP, because energy can compact only so far then the Law of Cycles kicks in transforming the syntropic contracting forces into entropic dispersive forces. While this theory is based on Newtonian concepts it appears the universe is non-Newtonian in function.
According to Keely's laws Black Holes (as conceived by orthodoxy) cannot form and exist independently because the Law of Cycles kicks in a long time before Black Holes are said to commence forming. These generated discords create repulsion according to the Law of Repulsion destroying any possible further compound gravity accumulation.
In essence atomic and molecular substances orbit/spiral with a preponderance of centrifugal force. Gravity and nuclear forces hold these substances in more or less stationery orbits such as for instance 'orbiting electrons' and planets. From the atomic level up substance is quantum or etheric which when accelerated orbits/spirals with a preponderance of centripetal force. This contracting motion has not been recognized by orthodoxy. Accordingly, the faster these substances orbit/spiral (more energy added) the tighter the orbit/spiral. At some point of aggregation (e.g., super aggregation) they go through a transformation TO A HIGHER ENERGY LEVEL. This I call the Principle of Regeneration (Russell) acting according to the Law of Cycles (Keely). This process not unlike (if not the same as) cavitation, etherization, etc. In this regard there is no need for a massive Black Hole as every quantum level transformation happens discretely individually or microscopically everywhere all the time.
"According to the general theory of relativity, a black hole is a region of space from which nothing, including light, can escape. It is the result of the deformation of spacetime caused by a very compact mass. Around a black hole there is an undetectable surface which marks the point of no return, called an event horizon. It is called "black" because it absorbs all the light that hits it, reflecting nothing, just like a perfect black body in thermodynamics. Under the theory of quantum mechanics black holes possess a temperature and emit Hawking radiation." (from Wikipedia)
On the other hand we have the concepts of Walter Russell which make a lot of sense.
Russell
See black cathode hole
See Also
4plusplus
black cathode hole
Fulcrum
Law of Cycles
Law of Transformation of Forces
Neutral Center
neutrino
Perfect Fifth
Singularity
The Universal Heartbeat Oscillations in Black Hole Systems Across the Mass-scale