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.
Hold on there. I know you’ve been following BLP for a while and in 2008 they got funding from two utilities, one in Oregon, and I think the other in New Mexico. There were supposedly one year away from production and now try to find those press releases on BLP’s site now and they spent millions too.
At this point, while I wouldn’t trust Rossi to mow my lawn, I will give him the benefit of doubt for a time.
So, again with, what do we look for to prove or disprove Rossi?
“Cherokee undoubtedly checked out both the technology AND Rossi. “
Then the are aware that Rossi has a record of scams and fraud and went to prison for fraud?