OK, people were saying Rossi wasn’t a fraud because he wasn’t soliciting money. Now he gets $20million?
1) The investing company got to run a demo with their setup and they found it works,
OR
2) The investing company is gambling on this being real.
AND
3) I have a hard time believing anything Rossi said and despite people saying his petroldragon process worked (supposedly based on the Fischer–Tropsch process) but he never produced one drop of oil in Italy. I would like to be wrong about Rossi but I don’t think I am.
I would think that an investment of $20million requires a fare bit of due diligence but then again Peter Jansson diverted money from the power company he worked at to Black Light Power and now works at Rowan U, The New Jersey State Teachers College. He’s a friend of Mills.
Has anyone seen evidence of the BLP demo, it was supposed to start at 11:00am EST?
And you know this how??? Rossi was flat broke when he entered the USA. Years later (still in the USA), he is a wealthy man. According to Jed Rothwell (who I trust more than anyone else in the LENR field to be scrupulously honest), he got rich by licensing his rights to the Petroldragon process to a US company, who put it into use and made both him and the company "plenty dough".
So my opinion is that Rossi is like Thomas Edison...a slick dealer on the business side, but honest on the "technology side".
So yes, I think you're wrong.