>>A fool and his money...
A sucker is born every...<<
I must be doing fine then because my net worth has increased substantially in the past ten years.
For a moment, only a moment, accept that his E-Cat is a viable product. Would it have been a good business deal to get in for $200K rather than $40M? That’s what I was attempting to do ten years ago.
“I must be doing fine then because my net worth has increased substantially in the past ten years.”
Anyone investing money into a technology they do not understand and there is no proof of viability is going to lose that money. Spending for R&D is one thing as loses are expected, but expecting to invest into technology with a return on that investment requires more than a mere gamble.
Had you invested that $200k into his works you would not at this time be recognizing any profit.
Also, if this were real, $200k is peanuts for such technologies to bring them to market. We just authorized $4 million just for documentation for something substantially less of a technology. We spend $200k just for one person for one year in total load costs, and the captial budget exceeeds $2.5 million just for a POC. $200k? That’s not even an investment. It’s not even worth the paperwork to bring it in.