|
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.
Sure it does. Thanks for bumping the thread. T4BTT
“Bring on the seagulls.”
hmm. Kevmo posts a blog from some unknown that calls ‘herself’ Jennifer which contains outright falsehoods and we are supposed to bow down to the LENR gods?
Well, for grins, even though YOU posted the IH press release Word for Word, here you are... again. Thanks for the demonstration in PTSIFOM skeptopathy.
http://www.freerepublic.com/focus/f-chat/3115370/posts
“Don’t be ridiculous. And the payment was $20MM. $11MM is the amount that has been spent. “
Where do you get this information?
“Well, for grins, even though YOU posted the IH press release Word for Word,”
To prove that you are not telling the truth about what is in it.
And yet, you proved the opposite.
Thank you.
Your PTSIFOM skeptopathy is appreciated, and thanks for bumping the thread... T4BTT
“Give them a call and decide for yourself if they are blowing smoke up your butt.”
They said not to believe anything that Jennifer says. They have NOT invested $11 million in Rossi.
LOL
|
Do ANY of your posts the first-pass sniff test of using classic fallacy argumentation? Probably not.
“You seem to be the only FReeper that sees a difference between what ‘jennifer’ says and what the IH press release says.”
I see the truth!
Reading comprehension problem. Note "....for research..." in the line immediately above one quoted. Obviously is money allocated for research been spent, it would be on research.
Reading comprehension problem. Note "....for research..." in the line immediately above one quoted. Obviously is money allocated for research been spent, it would be on research.
Irrelevant. Not about Industrial Heat, LLC.
Various websites discussing Cherokee Investors and Industrial Heat companies. Note....NOT LENR websites....business websites.
The problem is that I cover so many websites that it is virtually impossible to remember on which one I garnered a specific fact. And I am much more interested in the facts given than the website URL, which I probably won't even glance at.
“Reading comprehension problem. Note “....for research...” in the line immediately above one quoted. Obviously is money allocated for research been spent, it would be on research.”
Research on how much fun booze and sex add to a party.
“The problem is that I cover so many websites that it is virtually impossible to remember on which one I garnered a specific fact. And I am much more interested in the facts given than the website URL, which I probably won’t even glance at.”
That’s a good one! LOL
“The problem is that I cover so many websites that it is virtually impossible to remember on which one I garnered a specific fact. “
Just ask Jennifer. She is the LENR Guru.
If you want a good laugh, view the videos ...
http://newenergytimes.com/v2/sr/RossiECat/Failure-of-Rossis-Energy-Catalyzer-Caught-on-Video.shtml
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
