#154 Lightning Strikes Again

Dear Dr. Craig,

I came up across a new cosmological model developed by Roger Penrose called Conformal Cyclic Cosmology where he claims that when the universe reaches its ultimate destiny of maximal entropy it somehow "loses" track of time due to the absence of matter and comes into being once again through a new Big Bang. His theory argues that there is only one universe which goes through different phases or eons as he calls them. Each eon begins with a Big Bang and ends with maximal entropy, which in turn implies that entropy goes back to zero and transforms into a new big bang and so forth.
A video of one of his presentations can be found here:

http://www.youtube.com/watch?v=fJ-D5AUGVcI

I am wondering if this theory is sound. If so, how does it impact the Kalam Cosmological Argument?

Many thanks,

George