E-cat fraud

Point out news stories, on the net or in mainstream media, related to polywell fusion.

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Skipjack
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Post by Skipjack »

It amazes me how omniscient folks think themselves to be at times. There are a number of reasons, based on possible factors I (and skip) can know nothing about, that would argue against is doing any such "challennge" other than by the method he already stated, sell a unit under normal contractual safeguards and perform acceptance testing.
Really and what reason would any sane person have to throw out 1 million USD in return for simply demonstrating something that they claim to have and be using every day?! I cant think of a single one other than being a total idiot, or a fraud. Rossi is the Sylvia Browne of cold fusion.

KitemanSA
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Post by KitemanSA »

Skipjack wrote:Really and what reason would any sane person have to throw out 1 million USD in return for simply demonstrating something that they claim to have and be using every day?! I cant think of a single one other than being a total idiot, or a fraud. Rossi is the Sylvia Browne of cold fusion.
Well, if the "offer" appears as an email or posting on a web site from some dude you don't know, and the offer appears to require that you present information that you are not willing to divulge, and if the offeror were honest, that offeror could accomplish all that he claims to want by the simple act of buying a unit and doing a first article test, and the act of buying the unit via standard purchase agreements provides certain IP safegards not simple to accomplish while doing yet another expensive demonstration, I too might suggest that the offeror simply buy a unit and do acceptance testing in the standard way.

Of course, Rossi might be a scammer.
Of course, the offeror might simply be a loud mouth out to make a name for himself...

but then I don't pretend to be omniscient, so {shrug}.

Skipjack
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Post by Skipjack »

Well, if the "offer" appears as an email or posting on a web site from some dude you don't know
I am pretty sure that he sent a formal offer to Rossi. What you describe was the case when he extended it to DGT.

KitemanSA
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Post by KitemanSA »

Skipjack wrote:
Well, if the "offer" appears as an email or posting on a web site from some dude you don't know
I am pretty sure that he sent a formal offer to Rossi. What you describe was the case when he extended it to DGT.
Evidence?

ladajo
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Post by ladajo »

Ivy Matt wrote:
On January 17, 2012 (according to Steven Krivit) Rossi sent Sol Millin an invoice of €100,000 (US $131,000) for the Australasian E-Cat distribution rights. Sol Millin did not have the money because Dick Smith, who had offered him an investment of $200,000 (AUS, presumably) if he could be convinced the E-Cat worked, was not convinced. In response, Millin threatened to sue Smith for $100 million (AUS, no doubt) in damages (due to loss of the distribution rights) for Smith's failure to meet his "obligation". (Millin claimed he had proven sufficiently that the technology worked. One wonders how.)
The posted invoice came from Sol Millin as part of the initial formal threat package he sent to Dick Smith.

Krivit only came into the fun because when Dick Smith emailed Rossi directly with his offer, he also posted the offer in the open to as many sites as he could find on E-Cat. Krivit happened to be one of them , and posted it up.

Millin's claim of proof was providing an emailed copy of the Swedes' findings. He felt this was proof enough. Smith disagreed.

All in all good fun.

I think that Smith's offer was too quickly dismissed by Rossi, as Rossi emotionally knee jerk associated it with Krivit "The Snake". It was Rossi's mistake to do so. By knee jerking, he backed himself further into a corner, as well as give further peeks inside and indication that his 'Global Corporate Empire' is just a sham. He has not even denied the invoce was his, he only claims (I think in legalise) that it was an "uncorrect invoice". Then later tries to explain how his invoicing process works. His explanation ironically follows pretty much the description provided by Sol Millin, Smith, and then Krivit's analysis of what happened. But Rossi tried weakly to spin it, and caste some measure of doubt on the invoice being real and not faked, while never actually saying it is fake. I believe because he knows it is not fake, but just wants to muddy the water.
IMHO opinion, this episode has developed into further nails for Rossi's coffin. My goodness, if you just look at the invoice, and ask some critical questions, (on the assumption it was real and from Rossi, based on him not actually saying it was fake), it raised serious questions to his legitmacy as a real business entity.

Another funny point is how many Rossibots are popping up and trying to character assassinate Smith. On the balance we have Smith, a well recognized, decades long, very successful entrepeneur and philanthropist, on the other side we have Rossi, and multiple-time convicted criminal for fraud, money laundering, tax evasion, blah, blah, blah...

"As the Rossiworld turns." The Circus continues. Giggle.

Better than Hollywood. And probably will be a Hollywood product some day.
The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)

ladajo
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Post by ladajo »

Dick Smith Reply
February 17, 2012 at 11:15 am
You heard it here first,.
I have emailed the CEO of Defkalion extending the $1m offer providing a testing protocol can be agreed on.

I have stated I only require a six hour test period and I am suspicious of their proposed 96 hour period as no person can remain awake that long!

I have said I only require measurements of the input and output power and asked what COP they can achieve. I have also asked what their test input power would be.

Obviously the type of power output and gain must be similar to what Rossi claimed.- not low output that is not commercially viable.

I will be away from my office until Tuesday so finalization of an agreement will have to wait until then.

Interesting times!!

I have also asked the date they would like to do the test.
http://ecatnews.com/?p=2054
The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)

ladajo
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Post by ladajo »

Andrea Rossi
February 16th, 2012 at 7:21 AM
IMPORTANT: PLEASE READ CAREFULLY

Information regarding Leonardo Corporation’s Commercial License Policy:
Since some clown ( probably a “millionaire” clown, who has teamed up with a puppet snake) has put on the net an unvalid invoice from Leonardo Corporation, while our attorneys are working on the issue, I deem opportune to clarify the policy of Leonardo Corporation regarding the commercial licenses.
We give exclusive commercial licenses for limited territories. When the interested persons ask to us a commercial license to sell the E-Cats we make an offer. The price of the license depends on many factors, regarding the Territory. If the interested persons agree upon the text that we propose, we send a text of an agreement, which is obviously covered by NDA. The uncorrect persons do not respect the NDA and our attorneys take care of them. After the interested persons sign the agreement, we send an invoice, and the agreement is deemed valid only after the payment of the license fee is done within the term agreed. If the payment is not done, the agreement expires and that invoice for which the payment has not been made is compensated in the accounting by a credit memo.
When a Customer asks to buy a product of Leonardo Corp, he is addressed to the proper licensee.
All the persons interested to our commercial licenses can send the request and a description of their organization to:
info@leonardocorp1996.com
I must add that practically all the world’s Territories have been already licensed. Soon we will organize a convention of all our Licensees, for the presentation of the E-Cat, in the final shape that will be marketed, and in that occasion we will give the full list of all our Licensees. The most important Territories in which we have not yet found the right licensee are:
1- Russia
2- Japan
We take this occasion to solicit the People interested to these territories to contact us. Attention: we give the licences only to Organizations which are settled inside the Territories for which they want to buy the license.
Warm Regards,
Andrea Rossi
CEO of Leonardo Corp.
http://www.rossilivecat.com/
The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)

ladajo
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Post by ladajo »

The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)

TallDave
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Joined: Wed Jul 25, 2007 7:12 pm
Contact:

Post by TallDave »

Very interesting, thanks for sharing.

This is a great example of why I think the X prize approach is superior. For something like this it should have been more like a billion -- we've probably spent ~100x that on toks to date.
n*kBolt*Te = B**2/(2*mu0) and B^.25 loss scaling? Or not so much? Hopefully we'll know soon...

Skipjack
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Post by Skipjack »

Evidence?
What ladajo said.

ladajo
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Post by ladajo »

Oh, it gets even better.

Looks like the "Global Corporate Empire" and being "owned by a trust of investors" is now starting to unwind.

Be interesting to see where it goes...

Rossi is playing with fire here in the states. Unlike Italy, there is a much higher physical risk to Corporate Officers in the eyes of the law.

http://blog.newenergytimes.com/2012/02/ ... /#comments

http://newenergytimes.com/v2/sr/RossiEC ... ership.jpg

http://blog.newenergytimes.com/2012/02/ ... s-unvalid/

http://newenergytimes.com/v2/sr/RossiEC ... ansmit.jpg

I really don't think as some Rossibots have maintained that Krivit is making this stuff up. There are many Rossi generated trails. It just gets more fishy every day. Strong smell, starting to make my eyes water. And to think, there is still a <small> chance that he may have something. The last shreds of credit in my mind lay purely in DGT's hands at this point. Rossi should be thanking them profusely, if they were not around, he would probably have talked himself into complete failure already.

Big Claims (Sales, Factories, Functional Tests, Corporations, Investors) + Zero Real Evidence (Rossi said, Rossi said, Grade School Science Project Failures to heat a bucket of water, Rossi said, Rossi said) = Load of Crap.
The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)

KitemanSA
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Post by KitemanSA »

Skipjack wrote:
Evidence?
What ladajo said.
Wow, he IS omniscient.

Skipjack
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Post by Skipjack »

Not always agreeing with ladajo, but in this case he is right.

ladajo
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Post by ladajo »

Awww, come on. I thought everyone always agreed with me... :wink:

Kite, what are you getting at with your line of argument? Or are you merely trying to keep the game honest?

I acknowledge there is a clear difference between Rossi behavior, and Rossi possession of something. However, the common relational point is Rossi, and so far his behaviors have far outweighed any attempts to demonstrate possession. Thus, it would indicate more in the balance that he has nothing.

I maintain hope that they all have something. I gain pessimism every time Rossi's mouth or fingers engage in any form of communication.
Rossi does not need enemies, he does the job just fine for himself.
The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)

ladajo
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Joined: Thu Sep 17, 2009 11:18 pm
Location: North East Coast

Post by ladajo »

As for OMNISCIENCE, Not so much. But I am OMNIPOTENT. Watch me summon a demon...

I call on the Demon RAVINGDAVE. Produce evidence of your existence!

Now watch him not heed the call... :P
The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)

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