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To: Kevmo

If its legit $11 Million seems like a very small pricetag if it was an all cash deal... I would be Westinghouse would have paid figures with far more zeros on the end if its legit.


135 posted on 01/31/2014 1:20:20 PM PST by HamiltonJay
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To: HamiltonJay

That sort of thing has been covered upthread.

First, it is doubtful that $11M covers the whole Rossi nut of technology.

2nd, big name publicly traded companies are too skiddish to put their investor money on the line for a technology that has the hint of ostracism associated with it.

3rd, there is no doubt that such a deal would involve going into production and giving royalties to Rossi for every unit sold. There’s no way it’s all cash. Even a Westinghouse-level enterprise wouldn’t structure a deal like that.


138 posted on 01/31/2014 1:31:38 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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