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Itís Official US Startup Admits to Purchasing Rossiís E-cat LENR Technology
Cold Fusion3.com ^ | January 25, 2014 | jennifer

Posted on 01/27/2014 9:05:31 PM PST by Kevmo

It’s Official US Startup Admits to Purchasing Rossi’s E-cat LENR Technology Published January 25, 2014 | By jennifer

A North Carolina based company called Industrial Heat LLC has come out and admitted that it now owns Andrea Rossi’s ecat low energy nuclear reaction (LENR) technology. Industrial Heat has put out a press release in which it confirmed rumors that it had spent $11 million to purchase Rossi’s device.

The New Home of the Ecat an aerial view of North Carolina's Research Triangle

The press release also confirmed speculation that Tom Darden of Cherokee Investment Partners a North Carolina equity fund is a principal investor in Industrial heat. It stated that one of Darden’s associates J.T. Vaughn is the manager of Industrial Heat LLC. Industrial Heat LLC is based in the Research Triangle region around Raleigh, North Carolina where many technology companies have operations. Cherokee’s website describes Vaughn as a Senior Analyst at the firm.

Tom Darden of Cherokee Investment Partners LLC, courtesy Bizjournals

Vaughn said that his company had acquired the intellectual property rights to the Ecat in the press release. Vaughn and Darden were convinced of the Ecat’s authenticity by a report prepared by physics professors Guiseppe Levi, Hanno Essen, Ronald Petterson, Torbojorn Hartman, Bo Hoistad, Roland Pettersson and Lars Tegner. The scientists tested the ecat in December 2012 and March 2013 and observed its operations. Vaughn and Darden also had an unidentified independent expert exam the ecat before investing their money in it.

The press release stated that Industrial Heat has prepared numerous patent applications to protect ecat technology but wouldn’t’ elaborate. The release didn’t say if any of these applications have been filed or not.

“The world needs a new, clean and efficient energy source,” Vaugh said of his reasons for acquiring Ecat in the press release. “Such a technology would raise the standard of living in developing countries and reduce the environmental impact of producing energy.”

JT Vaugn Courtesy Pure Energy Systems and Sterling Allen

The press release stated that Industrial Heat wants to enter into partnerships with other companies, universities and nongovernment organizations (NGOs) to develop LENR technology. It didn’t identify any of these partners or mention any specific uses for Ecat technology.

Predictably and sadly the cold fusion skeptics have already started attacking Industrial Heat. The Gizmodo blog is claiming that Darden and Vaughn were bamboozled and bought a reactor that might not actually work. Typically the skeptics provide absolutely no proof for their accusations they just make them and hope nobody questions their statements. Those who criticize Rossi for not verifying claims turn around and do exactly the same thing.

Tom Darden

Vaughn and Darden seem like hardhead and sensible businessmen who have done their homework. They actually looked into Ecat and got the facts before investing. Gizmodo mentions Rossi’s criminal conviction but doesn’t mention the involvement of distinguished professors such as Guiseppe Levi in the ecat project.

Industrial Heat’s confirmation is very good news, despite the skeptics. It’s the biggest investment so far in cold fusion and it proves there are far sighted businessmen interested in commercializing this important technology. Hopefully Industrial Heat will be able to commercialize the Ecat and looking into other LENR devices such as those at Brillouin.


TOPICS: History; Science
KEYWORDS: bollocks; canr; cmns; coldfusion; lenr
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1 posted on 01/27/2014 9:05:31 PM PST by Kevmo
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To: dangerdoc; citizen; Liberty1970; Red Badger; Wonder Warthog; PA Engineer; glock rocks; free_life; ..

The Cold Fusion/LENR Ping List

http://www.freerepublic.com/tag/coldfusion/index?tab=articles


http://lenr-canr.org/

Vortex-L
http://tinyurl.com/pxtqx3y


2 posted on 01/27/2014 9:06:16 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Kevmo

Bring on the seagulls.


3 posted on 01/27/2014 9:12:54 PM PST by B4Ranch (Name your illness, do a Google & YouTube search with "hydrogen peroxide". Do it and be surprised.)
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To: B4Ranch

Seagulls don’t like showing up in dog parks, have you noticed? They prefer to be lazy.


4 posted on 01/27/2014 9:16:11 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Kevmo

will it be productized?

how much will a unit cost?

how big is the unit?

how much will a ‘refill’ cost?

how much energy will a ‘refill’ generate and for how long?


5 posted on 01/27/2014 9:16:38 PM PST by sten (fighting tyranny never goes out of style)
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To: sten

It’s on the way. Startup money is going after it. Where is the startup money on the controlled-hot-fusion con?


6 posted on 01/27/2014 9:17:49 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Kevmo

Doesn’t matter. Obama will EO it out of business. Then confiscate the technology in the name of homeland security, then GIVE the technology to China.


7 posted on 01/27/2014 9:36:59 PM PST by mountn man (The Pleasure You Get From Life Is Equal To The Attitude You Put Into It)
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To: mountn man

Maybe so, but there are still plenty of 3rd world nations to sell this to.


8 posted on 01/27/2014 9:40:24 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: sten

The following is a public service announcement from the Amara Society:

“The bomb will never go off. I speak as an expert in explosives.” – - Admiral William Leahy , US Atomic Bomb Project

“There is no likelihood man can ever tap the power of the atom.” — Robert Millikan, Nobel Prize in Physics, 1923

“Computers in the future may weigh no more than 1.5 tons.” — Popular Mechanics, forecasting the relentless march of science, 1949

“I think there is a world market for maybe five computers.” — Thomas Watson, chairman of IBM, 1943

“I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won’t last out the year.” — The editor in charge of business books for Prentice Hall, 1957

“But what is it good for?” — Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

“640K ought to be enough for anybody.” — Bill Gates, 1981

This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us” — Western Union internal memo, 1876.

“The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?” — David Sarnoff’s associates in response to his urgings for investment in the radio in the 1920s.

“The concept is interesting and well-formed, but in order to earn better than a ‘C,’ the idea must be feasible” — A Yale University management professor in response to Fred Smith’s paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.)

“I’m just glad it’ll be Clark Gable who’s falling on his face and not Gary Cooper” — Gary Cooper on his decision not to take the leading role in “Gone With The Wind.”

“We don’t like their sound, and guitar music is on the way out” — Decca Recording Co. rejecting the Beatles, 1962.

“Heavier-than-air flying machines are impossible” — Lord Kelvin, president, Royal Society, 1895.

“If I had thought about it, I wouldn’t have done the experiment. The literature was full of examples that said you can’t do this” – - Spencer Silver on the work that led to the unique adhesives for 3-M “Post-It” Notepads.

“Drill for oil? You mean drill into the ground to try and find oil? You’re crazy” — Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859.

“Stocks have reached what looks like a permanently high plateau.” – - Irving Fisher, Professor of Economics, Yale University , 1929.

“Airplanes are interesting toys but of no military value” — Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre , France .

“Everything that can be invented has been invented” — Charles H. Duell, Commissioner, US Office of Patents, 1899.

“The super computer is technologically impossible. It would take all of the water that flows over Niagara Falls to cool the heat generated by the number of vacuum tubes required.” — Professor of Electrical Engineering, New York University

“I don’t know what use any one could find for a machine that would make copies of documents. It certainly couldn’t be a feasible business by itself.” — the head of IBM, refusing to back the idea, forcing the inventor to found Xerox.

“The abdomen, the chest, and the brain will forever be shut from the intrusion of the wise and humane surgeon,” — Sir John Eric Ericksen, British surgeon, appointed Surgeon-Extraordinary to Queen Victoria 1873.

And last but not least…

“There is no reason anyone would want a computer in their home.” — Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977


9 posted on 01/27/2014 9:46:07 PM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: Kevmo

This company either got suckered or will be the next Google of energy.
Time will tell.


10 posted on 01/27/2014 9:46:31 PM PST by tennmountainman (Just Say No To Obamacare)
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To: tennmountainman

Well, where do you think the 2 possiblities lie? 50/50? 70%sucker/30%NextGoogle? 90%sucker/10%NextGoogle? Why?

The guy has a JDLaw from Yale or somesuch place. It’s likely he’s smarter than me or you.


11 posted on 01/27/2014 9:51:15 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Kevmo
I would be more interested in your follow-up on the BlackLight demo that is supposed to happen tomorrow, as you reported earlier:

This breakthrough transformational power technology can be witnessed in a live demonstration hosted by BlackLight of on January 28th at 11 AM. Details and updates will be posted at the company website (http://www.blacklightpower.com/). Those interested in attending can contact BlackLight to preregister for this limited availability event.

Currently their Web site is not mentioning this demo at all, which is somewhat strange for an event of global importance.

12 posted on 01/27/2014 9:54:24 PM PST by Greysard
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To: bigbob

“What are you going to do with a computer?” —Me, engineering student, 1984


13 posted on 01/27/2014 9:55:09 PM PST by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: bigbob

Cool compilation.

“We don’t like their sound, and guitar music is on the way out” — Decca Recording Co. rejecting the Beatles, 1962.
***Recall that the way that Led Zeppelin decided on the name of their band: Some record company executive said that they would have as much chance as a “lead Zeppelin”.


14 posted on 01/27/2014 9:55:46 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Kevmo

15 posted on 01/27/2014 10:00:13 PM PST by Bobalu (Happiness is a fast ISR)
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To: Greysard

Response posted on the proper thread....

http://www.freerepublic.com/focus/f-chat/3112114/posts


16 posted on 01/27/2014 10:07:06 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: bigbob

That’s a great list.


17 posted on 01/27/2014 10:09:10 PM PST by xone
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To: bigbob

That’s a great list.


18 posted on 01/27/2014 10:10:03 PM PST by xone
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To: Kevmo
Well, where do you think the 2 possiblities lie? 50/50? 70%sucker/30%NextGoogle? 90%sucker/10%NextGoogle? Why?

I do not recall Google ever issuing press releases. They simply walked the walk, from day zero. They did invent new and important software technologies, but they never talked much about them. They simply let their service win the world on its own merit.

It is common for a startup to operate in silent mode until they have something to demo or to sell. 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, but most startups are not structured to take such investments, and the law may prevent that too (requires quialified investors.) This is because the risk is much higher, and SEC does not want to create conditions for yet another tulip mania.

It is often wise to steer clear of people who laud the advantages of their future product. Sometimes you may get lucky and invest into Microsoft; but in most cases you will invest in :CueCat and their likes.

I do not know if Cold Fusion is a real process or an artifact. This is for scientists to find out. However looking from the business point of view, efforts to productize the energy output are extremely disappointing so far. And that is after several demos that Rossi performed - which presumably prove that the energy production has positive balance. From the business POV, the only way to get energy out of this whole segment of industry is by burning their press releases :-)

19 posted on 01/27/2014 10:12:59 PM PST by Greysard
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To: tennmountainman
This company either got suckered or will be the next Google of energy. Time will tell.

Most likely this company is part of the scam. It only costs a couple of hundred dollars to form a company and put out a press release. Then there will be the usual crazy people repeating the story on the Internet.

20 posted on 01/27/2014 10:14:41 PM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Greysard

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.


21 posted on 01/27/2014 10:16:02 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Greysard

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.


22 posted on 01/27/2014 10:20:53 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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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.

It’s 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 he’s mercurial and a crappy scientist, and a man of questionable character.

Occham’s Razor points to the answer here. But the skeptopaths are so wrapped around the axle that they cannot reason inductively.


23 posted on 01/27/2014 10:24:36 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Moonman62

Could be. I did not think about that part of it.
Could be a long con.


24 posted on 01/27/2014 10:25:43 PM PST by tennmountainman (Just Say No To Obamacare)
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To: tennmountainman

Could be a long con.
***Greatest con in history. Just on that note, worth following.


25 posted on 01/27/2014 10:26:26 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Kevmo
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 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.

26 posted on 01/27/2014 10:37:25 PM PST by Greysard
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To: Kevmo

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.


27 posted on 01/27/2014 10:39:02 PM PST by for-q-clinton (If at first you don't succeed keep on sucking until you do succeed)
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To: Kevmo
As shown by many past 'inventions' in man's technical progress, the doggedly persistent usually win out over the technically superior.
28 posted on 01/27/2014 10:47:28 PM PST by UCANSEE2 (I forgot what my tagline was supposed to say)
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To: Greysard; Kevmo
the only way to get energy out of this whole segment of industry is by burning their press releases

You could fly the space shuttle all the way to the moon if you burned the Affordable Health Care Bill.

29 posted on 01/27/2014 10:50:19 PM PST by UCANSEE2 (I forgot what my tagline was supposed to say)
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To: B4Ranch
Bring on the seagulls.

As you wish.


30 posted on 01/27/2014 10:52:39 PM PST by UCANSEE2 (I forgot what my tagline was supposed to say)
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To: Kevmo

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.


31 posted on 01/27/2014 10:59:11 PM PST by itsahoot (It is not so much that history repeats, but that human nature does not change.)
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To: SunkenCiv
science ping & warming (cold fusion :-) bump

32 posted on 01/27/2014 11:04:42 PM PST by skinkinthegrass (The end move in politics is always to pick up a gun..0'Caligula / 0'Reid / 0'Pelosi)
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To: Kevmo

There’s 5 or 6 billion dollars of it about a mile away from my office...


33 posted on 01/27/2014 11:07:14 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Greysard

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?


34 posted on 01/27/2014 11:08:26 PM PST by count-your-change (you don't have to be brilliant, not being stupid is enough)
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To: Kevmo

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.


35 posted on 01/27/2014 11:42:49 PM PST by UCANSEE2 (I forgot what my tagline was supposed to say)
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To: sten
will it be productized?

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 ?

36 posted on 01/27/2014 11:49:13 PM PST by UCANSEE2 (I forgot what my tagline was supposed to say)
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To: Kevmo

If it actually works, it’s worth hundreds of billions, maybe trillions of dollars. Why sell for $11 million?


37 posted on 01/28/2014 1:38:25 AM PST by BinaryBoy (RINOs: Not one dollar, not one vote.)
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To: itsahoot

And that, ladies and gentleman, is all that needs to be said...another pearl of wisdom from the class of ‘98.


38 posted on 01/28/2014 2:02:02 AM PST by VMI70
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To: tennmountainman
"Could be a long con."

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.

39 posted on 01/28/2014 4:52:35 AM PST by Wonder Warthog (Newly fledged NRA Life Member (after many years as an "annual renewal" sort))
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To: itsahoot
"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."

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.

40 posted on 01/28/2014 4:57:01 AM PST by Wonder Warthog (Newly fledged NRA Life Member (after many years as an "annual renewal" sort))
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To: BinaryBoy
"If it actually works, it’s worth hundreds of billions, maybe trillions of dollars. Why sell for $11 million?"

Uh, perhaps because Rossi needed CAPITAL to bring the technology to market, just like any other inventor of a world shaking product. No billions unless you have a few million to get "up and running".

You can bet that Rossi still owns a percentage of the rights, and will receive royalties on each unit sold.

41 posted on 01/28/2014 5:00:21 AM PST by Wonder Warthog (Newly fledged NRA Life Member (after many years as an "annual renewal" sort))
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To: VMI70
"...another pearl of wisdom from the class of ‘98."

If that's what you consider pearl of wisdom. I consider the comment a pearl of stupidity.

42 posted on 01/28/2014 5:01:19 AM PST by Wonder Warthog (Newly fledged NRA Life Member (after many years as an "annual renewal" sort))
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To: Kevmo

I think there’s a lot of promising research going on in cold fusion (or LENR, as it is sometimes called). But, there’s something about the way Rossi conducts himself which makes me suspicious. And, consider this: If you had a virtually infinite energy source, would you sell the rights to it for a mere $11 million? I’d want more.


43 posted on 01/28/2014 5:55:01 AM PST by Pearls Before Swine
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To: Pearls Before Swine
"I think there’s a lot of promising research going on in cold fusion (or LENR, as it is sometimes called). But, there’s something about the way Rossi conducts himself which makes me suspicious. And, consider this: If you had a virtually infinite energy source, would you sell the rights to it for a mere $11 million? I’d want more."

And just suppose you were an inventor with a technology potentially as big as Rossi's. Where are you going to get the money to bring that invention to market??

The $20MM (which is what was actually invested) is only Rossi's "down payment". The real big money will come as stock growth (you can be sure that Rossi still owns a significant percentage of the company, but less than 51%), and per-unit royalties, which no other investor will receive.

Just like every other high-tech product invented by a "lone wolf" inventor. That is what venture capital companies are all about.

44 posted on 01/28/2014 7:03:36 AM PST by Wonder Warthog (Newly fledged NRA Life Member (after many years as an "annual renewal" sort))
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To: Wonder Warthog

Well, the impression I got from the text was “sold for $11 million”. There was no mention of rights retained, royalties, partial ownership, etc. I agree that those should be in there. But, it’s not like I have the contract in front of me!


45 posted on 01/28/2014 7:20:26 AM PST by Pearls Before Swine
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To: Pearls Before Swine
"But, it’s not like I have the contract in front of me!

Which is why ALL of us should reserve judgment. We don't have all the facts. So comments like yours (and I think it's interesting about how so MANY people on these threads are posting the exact same cookie cutter kneejerk comment about "it's a scam because Rossi only got $XXMM and would want more") are very much sheer speculation.

The ONLY thing we know is that the financial backer (Cherokee) is a well-established company that has been around for a long time, and that the principals of the company are well-known legitimate business types. The fact that Industrial Heat was talking to a high-level Chinese official testifies to their "global clout".

You don't get to that level in the financial world by being dummies or by failing to deliver the goods. Cherokee undoubtedly checked out both the technology AND Rossi. I suspect they even know which cheek of his ass has the birthmark.

46 posted on 01/28/2014 7:46:20 AM PST by Wonder Warthog (Newly fledged NRA Life Member (after many years as an "annual renewal" sort))
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To: Kevmo

BOOKbump


47 posted on 01/28/2014 8:05:53 AM PST by S.O.S121.500 (Had Enough Yet ?............................ Enforce the Bill of Rights............ It's the LAW !!!)
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To: tennmountainman

PRAY THAT IT IS THE LATTER.............


48 posted on 01/28/2014 8:31:21 AM PST by Red Badger (Proud member of the Zeta Omicron Tau Fraternity since 2004...................)
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To: Wonder Warthog

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?


49 posted on 01/28/2014 9:09:00 AM PST by Lx (Do you like it? Do you like it, Scott? I call it, "Mr. & Mrs. Tenorman Chili.")
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To: UCANSEE2

It appears you brought a flock of them.


50 posted on 01/28/2014 9:09:39 AM PST by Lx (Do you like it? Do you like it, Scott? I call it, "Mr. & Mrs. Tenorman Chili.")
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