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.
I looked at some of CodeToad’s posts in 2011 and, sure enough, he was doing the same thing back then: Lying about what I actually posted, arguing against what he thought I might post in the future, basically engaging in vigilante censorship.
“You quoted a statement of someone else COMPLETELY UNRELATED to Scientific Instruments’s presentation that I posted.”
Er... no wonder you are confused. It was National Instruments you posted, not Scientific Instruments.
And the presentation was by the dude I quoted NOT National Instruments ...
“This THREAD is about how Rossi sold some of his IP, so there’s OBVIOUSLY something to it. “
You mean about how you CLAIM he sold some IP. NO PROOF!!!!
“Look at Kevmo’s posts in 2011. He promised the same thing, claimed it worked (Literally: “It works!”), and claimed Rossi had sold thousands of them. All lies. None of it was true.”
One think I give credit to Kevmo for .... His faithfulness to the true is ZERO.
Once again you prove yourself to have numb nuts. I didn’t claim it, the ARTICLE claims it.
You want proof? Just call Cherokee Investments and ask. Duhh. How idiotic can one skeptopath be? It’s possible you have proven yourself to be the MOST idiotic of the bunch. We shall see.
You quoted a statement of someone else COMPLETELY UNRELATED to Scientific Instruments’s presentation that I posted.
Typo: National Instruments, not Scientific Instruments. My link has NI, so does his, so it should be no harm done.
Now you’re gonna hide behind a friggin TYPO?
Gawd, you’re pathetic.
At this point the only thing I can give TG credit for is that he posts from Satire as if it were Truth, posts from a completely unrelated article (that disputes HIS OWN claim) as if it were meaningful, and now he hides behind a friggin typo. First.Class.Idiot.
the presentation was by the dude I quoted NOT National Instruments ...
***You were posting it as if it were from NI. Geez, you’re a loonie.
“Once again you prove yourself to have numb nuts. I didn’t claim it, the ARTICLE claims it.”
Again ... NO NET ENERGY GAIN CALCULATION DUE TO LACK OF CALIBRATION!!!!!!!!!!!!!
And AGAIN you prove yourself to be a dufus.
Thanks for bumping the thread T4BTT.
Just repeating your same claim that was so thoroughly proven to be idiotic is a sign of a mental imbalance.
At least you are not still trying to claim that there was a net energy gain ....
You’re just trying to save face.
I sent you to a link, you posted from another, completely different link. And what you posted had NOTHING to do with what I posted.
Since then, you’ve been trying to dance away from your original post. It’s understandable, because your post makes you look like a complete idiot. Which is what you are: a complete idiot. Lurkers only need to look through your posts on this thread to verify it.
So... therefore... thanks for bumping the thread....T4BTT.
What an incredible claim!!!!!
When did I claim it on this thread? I didn’t. YOU DID. You set it up as a straw argument. Not me.
Pleeeeease.... keep posting on this thread. It is so revealing in terms of how skeptopaths think. Thank you SO MUCH!!! Keep on posting!!!
You are the perfect pasquinade. By all means, I hope you keep posting on LENR threads.
“I sent you to a link, you posted from another, completely different link. And what you posted had NOTHING to do with what I posted.”
Same demonstration. Just doesn’t support your claim ....
IN FACT ... NULLIFIES YOUR CLAIM.
“By all means, I hope you keep posting on LENR threads.”
If I miss one, please feel free to ping me. Thanks.
What’s a LENR thread without seagulls? When this technology breaks out, people will be asking why there was so much hostility towards it, and they will be aggressively asking posters like you why you were such an adam henry. Best of luck with that.
Same demonstration.
***No. It was a COMPLETELY DIFFERENT demonstration by a person COMPLETELY UNRELATED to National Instruments. The ONLY link between them was that they were both mentioned in the article that YOU introduced, which happened to NOT be the article I was linking to. That is 3 steps you took away from reality, just on this one instance. That is how aggressively stupid you are.
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