Posted on 01/27/2014 9:05:31 PM PST by Kevmo
There is nothing to be gained by shouting about their wonderful progress in development while the product is not ready. You only do that if you want investment,
***then when Rossi did his demos and refused investment, what does that mean to you? At the time, his friend and colleague Focardi had cancer. They had been working together for several years and Focardi wanted his recognition, though Rossi wanted to keep silent. Rossi relented, and did some crappy demos.
I do not know if Cold Fusion is a real process or an artifact.
***It was replicated more than 14,700 times before Rossi even came onto the scene.
This is for scientists to find out. However looking from the business point of view,
***Good idea. Where is the “business point of view” on controlled-hot-fusion today? There has been hundreds of $billions dumped into this fraud with PUBLIC money. Absolutely zero in return...
efforts to productize the energy output are extremely disappointing so far.
***I would agree with that.
And that is after several demos that Rossi performed - which presumably prove that the energy production has positive balance.
***Today’s announcement suggests that he’s moving forward, even with a terrible legal-convict background. That means the technology has to meet a higher standard to overcome the character barrier.
From the business POV, the only way to get energy out of this whole segment of industry is by burning their press releases :-)
***From the business POV, Rossi is a man of questionable character. So for someone with a Yale law degree to invest in him suggests his technology is so impressive that it overcomes that barrier.
Most likely this company is part of the scam.
***The ever-widening conspiracy theory scam. 14000 replications. Multiple Phycisist PHDs buying into it after demos, even some who were from the Skeptics Society. 7 independent scientists publishing a favorable independent report. This company buying into it. Lots of reputations being put on the line. Rossi pulling the wool over their eyes even when he wasn’t IN THE ROOM.
Its amazing how much is attributed to Rossi. Surely, the greatest con man in history, who can outwit 7 independent scientists without even being in the room. He also can separate highly educated investors from their money, he can pull the wool over the eyes of various reputable scientists like Focardi, even with a criminal record. He can anticipate what scientists would test for and modify his rig accordingly. Surely the greatest magician in history as well.
But what do I attribute to Rossi? That he got lucky, that he needed Focardi to further his research because he was too dim to penetrate the theory; that he was a terrible demo artist, even to the point of inviting charges of cheating; that hes mercurial and a crappy scientist, and a man of questionable character.
Occhams Razor points to the answer here. But the skeptopaths are so wrapped around the axle that they cannot reason inductively.
Could be. I did not think about that part of it.
Could be a long con.
Could be a long con.
***Greatest con in history. Just on that note, worth following.
I wouldn't classify those demos as "crappy." They worked. The catch was in tight controls over the demos. I reviewed the scenarios, and even came up with one possibility for feeding external power into the system through wires. It would have helped greatly to make the demo more open. Keep the reactor secret; but let anyone else make hot water with this machine. After a while all the skeptics would have ran out of arguments.
Where is the business point of view on controlled-hot-fusion today? There has been hundreds of $billions dumped into this fraud with PUBLIC money. Absolutely zero in return...
Well, hot fusion has one big excuse - nobody doubts that it works :-) Yes, it's hard to control, but the foundation is solid, and it is entirely described by existing physics. I am not all that excited about waiting so long for my flying car, but at least it has potential. Will hot fusion reactor ever be done? I don't know. Given enough time, yes. The Sun is pretty much under control; it's just we don't need a reactor that big :-)
***From the business POV, Rossi is a man of questionable character. So for someone with a Yale law degree to invest in him suggests his technology is so impressive that it overcomes that barrier.
Perhaps. I wouldn't be very sure about that in either direction. It can be good and it can be bad. I see it as neutral so far. If the money helps build the working machine, it's everyone's win. If not... too sad. Humanity would love to gain access to cheap and safe nuclear reactors. But the realist in me advises caution. Since I'm focused on practical assessment of a working device, it is not relevant to me what Rossi was convicted for. Rossi is not a product; his machine is. That's why I want to see the working machine, not the credentials of its inventors.
No global warming is the longest con. Those scientist that say this is legit...where do they stand on global warming. That will yell me whether I can trust them or nor.
You could fly the space shuttle all the way to the moon if you burned the Affordable Health Care Bill.
As you wish.
If it was real 11 million wouldn’t touch it, maybe 11 trillion, but since it was purchased so cheaply, I doubt we will ever see a working product.
There’s 5 or 6 billion dollars of it about a mile away from my office...
Here’s the best part of Blacklight’s web site:
“BlackLight has developed a system engineering design of an electric generator that is less that a cubic foot in volume to generate ten million watts of electricity, enough to power ten thousand homes”.
Has anyone broke the news to Rossi yet?
BTW, IIRC I said let me know when a company buys one of these things. At least some others said it as well.
So... another step.
Wouldn't that be the point of buying the rights ?
how much will a unit cost?
How big do you want it ?
how big is the unit?
How much money you got ?
how much will a refill cost?
That varies with the amount of government legislation.
how much energy will a refill generate and for how long?
How big is your unit ?
If it actually works, it’s worth hundreds of billions, maybe trillions of dollars. Why sell for $11 million?
And that, ladies and gentleman, is all that needs to be said...another pearl of wisdom from the class of ‘98.
Ye flippin' gods, man. There is NO evidence of any sort that Industrial Heat (and especially the company backing them....Cherokee Investments) are illegitimate. They have a publicly available track record a mile long of backing legitimate technology startups ("BioMason" is quite interesting).
It's time and past time to put the "it's a scam" scam to rest.
Don't be ridiculous. And the payment was $20MM. $11MM is the amount that has been spent. Rossi (and the other investors) will make their money from sales profits and stock value increase, just like M'soft, Apple, and any hundred other high-tech companies....none of whom started out as "billion dollar" valued.
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