Andrea Rossi May Sell eCat Shares

Andrea Rossi May Sell eCat Shares
admin on November 2, 2011 — 5 Comments
Andrea Rossi has always indicated that he would only use his own money until he was selling eCat products on the open market. It should be no surprise then that the possibility of opening up investment opportunities to the public looms now that the 1MW plant has shipped. Of course, without knowledge of the customer’s identity or verifiable scientific proof, any such venture at this time would be high risk. If you assume for now that the eCat is real, AR has money coming in the door (probably around 2m Euro a pop) and so some of the immediate financial pressure is relieved. Even so, the scale of his task is enormous. This would just be the start and we are told that it will be three months before the next delivery. Therefore, it is unlikely that he will be flush with cash for some time at least. It makes sense then, to consider raising money through the issue of public shares.

A serious businessman with a real product would not attempt to do so in the midst of uncertainty regarding the product. Doubt and suspicion will lower the value of such shares. For that reason, I would only expect such a move after the clouds obscuring the eCat have been lifted. As Dr Rossi hints on his blog, we may be seeing the seeds of exactly that.

Simon Basovich
November 1st, 2011 at 9:12 PM
Dear Mr. Andrea Rossi,
Congratulations on your outstanding success! Please, inform me how I could buy the shares of your company. I have many inventions, mostly related to biomedicine, and I have ideas how to increase mental capability, how to primary prevent mental diseases, how to get people healthy from the beginning of the life and some others. A lot of money is needed for realization, and in an attempt to promote it (partly, of course), I hope to buy the shares of your company.

Many thanks.

Best regards,
Simon Basovich,
Australia

Andrea Rossi
November 2nd, 2011 at 4:45 AM
Dear Simon Basovich: OK, Warm Regards, A.R.

Andrea Rossi
November 2nd, 2011 at 4:35 AM
Dear Francesco D.M.: We are just producing heat, so far. Probably we will sell shares to allow everybody to participate to this enterprise. But before this we have to consolidate our manufacturing and commercial system. Warm Regards, A.R.

I postulated in an earlier post that there were now so many people involved in AR’s project across too many organisations, that it would become increasingly difficult to keep secrets such as: Who is the customer? It seems that Dr Rossi agrees.

Andrea Rossi
November 2nd, 2011 at 4:40 AM
Dear Neil Ferguson: The names of Customers unavoidably will pop up, before or later. I agree with you. Warm Regards, A.R.

Andrea Rossi
October 31st, 2011 at 9:23 AM
Dear Luca Salvarani: 1- yes 2- more 3- I want not our Customers assailed by the puppetts moved by their puppetteers. Let the plant go to work, then they will reveal themselves automatically. Probably you did not understand that there is a war against us. Warm Regards, A.R
Finally, we have AR reiterate his hope/plan for the coming years.

Andrea Rossi
November 2nd, 2011 at 5:55 AM
Dear Paul Calvo: The price can drop to 500 $/kW if we will have to produce millions of pieces. Warm Regards, A.R.

Andrea Rossi
November 1st, 2011 at 2:01 PM
Dear Paolo: To be ready to sell household E-Cats we need from 1 to 2 years. Warm Regards, A.R.

We are not looking at a hit-and-run con-job but a long-term strategy that is cohesive and well thought out. To achieve the scale needed to produce millions of pieces will require money and confidence in the product. Right now, he is building that confidence even as the eCat starts to earn its keep. He knows that eventually we will learn who the customers are and it seems obvious to me that such knowledge would dispel many fears. All of this is being played out in a sea of commercial warfare, even if the battle is obscured for now.

Robert Mockan
October 31st, 2011 at 5:30 PM
Dear Mr. Rossi,
You have commented there “is a war” against you (your organization? your efforts to market the E-Cat?). Do you expect the successful sale of the megawatt demo module to stop the war, or is it going to get bigger?

Andrea Rossi
October 31st, 2011 at 5:45 PM
Dear Robert Mockan: Bigger. Warm Regards, A.R.

Thus, it makes sense to retain a certain mystique, making it difficult for competitors to gauge the truth or guess the technological details behind the eCat’s apparent success. To attract the money required, he has to own and protect the intellectual property:

Andrea Rossi
November 1st, 2011 at 3:29 AM
Dear lenr4you: Nobody would invest anything in a non proprietary technology. Warm Regards, A.R.

And yet, to sell the product and shares widely he has to take the risk of building confidence, of attracting an army of opponents alongside allies. It is a tough path to walk. Those who say he should have simply proven beyond doubt a year ago that the eCat was genuine do not consider that without handing it over to third parties for many months (with all the risks that entails) during which time he is in limbo, there is no test he could have done that would have satisfied the attackers. Indeed, I am certain that even that would have achieved little apart from arming his competitors. Instead, he is now bringing in money as interest is growing. He has kept ahead of everyone else by being shrewd as well as clever.

That said, he also knows that he cannot keep such a delicate balance going forever. A conman would want to sell you shares now while you are confused, an entrepreneur knows he will get more on delivering proof. To me, this all adds up. When we will know the truth is anyone’s guess.

I’m frightened to say it but I’ll guess anyway. Soon.

.

Are you a betting man? revisited

http://greg-bno.blogspot.com/2011/11/are-you-betting-man-revisited.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FEWZoO+%28BNO-++short+for+Boots+and+Oil%29

I was just thinking about this again this morning. What would it take to end the controversy? A friendly bet? Something that would satisfy even the most hard core skeptic? How could you arrange this?

There’s somebody I won’t name who might be interested in seeing, but not necessarily betting, on a possibility of just testing this thing under certain conditions. One that might satisfy him would be to collect the water that goes through the E-cat, and then measure the heat in it and its mass. This would take place after shutdown.

I checked the amount going through the E-cat on the Oct 6 test. The rate was .91 g per sec. That figures out to 3276 g or 3.276 liters per hour. Multiply that by 8 hours for a test and you get 26.208 liters for an entire test. The idea is to insulate it so that it would keep its heat throughout. Such a container would not be terribly big. It could be insulated and a small pump installed that could keep the water mixed.

One problem is that the water is actually steam, so it has to be cooled down a little before going into the container. To do that, just repeat that part of the test that was done on Oct 6th. Run it through some heat exchangers until it got below the boiling point, then let it go into the container. Then you can measure the heat from that process, plus the remaining heat in the container in order to measure all of the heat generated during the test.

A second problem is from the secondary water source. I’m thinking of making this a small scale demo so that we won’t have to use much hardware. That means cooling this water down too so that it doesn’t get too hot.

In order to do this, just set up a radiator, such as one that you may see in a car. This can cool down the water so that you can recirculate it over and over again. We are measuring the delta t at the heat exchanger, so it doesn’t have to be any one set temperature. Just as long as the difference is such that it can cool down the steam coming off the E-cat.

In the Oct. 6th test, the rate of flow on the secondary heat exchange was 640 liters per hour. That would require a pretty large container. In order to avoid that, the radiator can be called upon to cool the water back down. Perhaps a fan that blows through the radiator would be helpful as well. Perhaps at this point, you could limit the amount of water at the secondary to about 80 liters, or about the size of a 20 gal barrel.

At 640 liters per hour, it would circulate the complete contents of the barrel 8 times every hour. This means that it has about 8 minutes to cool down after going through the radiator. This may be enough to keep it cool. The return could come in at the top and be drawn from the bottom. It would first go through the radiator and then empty back into the barrel. You would need a pump that could pump at that rate for that long. Probably no big deal.

In terms of equipment, you now have 3 20 gal barrels, two of them filled with water. One of these is to go through the E-cat, and one would go through the heat exchanger. The third is to collect the water and measure its temperature at the end of the test. It could be already half full, since you are not going to use all of that one barrel. This third barrel will be fully insulated and have a pump to recirculate the water so that it always well mixed.

The location of the test should be remote in order to eliminate the possibility of any hidden energy source.

To test remotely, you need to be far away from the grid. That means a portable generator which can power up the E-cat device until it reaches self sustain mode. The generator will need to run the pumps and so forth. Such a generator wouldn’t be all that big. It just needs to be big enough to do this task, which isn’t all that demanding.

All of this equipment could fit into a van, I would estimate. The generator, the 3 barrels, the pumps, the control equipment and the E-cat unit itself. None of these items are all that big. It shouldn’t be too demanding a task to get it all into a van.

Take the van out into the countryside, and set up the equipment. Run the test. Take the measurements and see who’s right.

The costs? You may be able to rent some of this stuff, so you won’t have to buy it. It shouldn’t be terribly expensive.

The last part may be the most difficult. Getting an E-cat to test. That may mean buying one. Who would want to buy one of these things? Not me. Rossi wants 2k for each kilowatt. A 2.7 killowatt device would cost 5400 bucks. You would need to buy one and set the sucker up and so forth. The test could run in the thousands of dollars. Then you would have to have a way to judge who won the bet.

If enough people wanted to, they could set up the scenario and share the expense. The losers would end up paying for the test.

Let’s say it would cost 10 grand to buy an E-cat and set it up. If you can get enough people to get in on the bet, you may be able to cover that cost by a factor of two. Then you would need even money on the bet.

Twenty grand may do it. Ten grand to buy the E-cat and set it up. Ten grand purse to pay the winners and make it a no lose if you win. The losers lose their ten grand.

Wait a second, you want me to contribute money to give to Andrew Rossi? Can you hear my laughter from there?

That is why I recommend the loser pays Free republic $100.00, that way the money goes to a good cause.

Sooner or later, there is going to be a test that we can agree on and base the bet on that, to give money to Rossi so we validate his device, I think crack would be a safer bet.

WW, you said, Enrico Fermi was able to determine the yield of the Trinity test to within 5%?? with just a stopwatch and confetti? First of all, really, you're mentioning Enrico Fermi and Rossi in the same breath? Let's see, Enrico Fermi was a real physicist with a real degree. Now, you may think what Rossi has done may elevate him to Fermi's status, that remains to be seen. Besides, this is the 21st century, Firmi's method worked for then but you wouldn't use it now, would you stand outside a nuclear blast?

Has anyone seen a voltage and current meter on that 500KW generator that was hooked up? He should also use DC to power his heaters so we know he's not futzing with A/C power factor, no, I don't believe, now that he is selling shares, I think I see the scam now.

One other thing, I thought the Oct 28th test was at Rossi's factory, now I've read it took place at the University of Bologna, an appeal to authority, how nice.

Finally, again, to the challenge, what and who would we consider as a valid test?

"Wait a second, you want me to contribute money to give to Andrew Rossi? Can you hear my laughter from there?"

I can guarantee you I never said any such thing, on ANY thread involving "cold fusion".

"WW, you said, Enrico Fermi was able to determine the yield of the Trinity test to within 5%?? with just a stopwatch and confetti? First of all, really, you're mentioning Enrico Fermi and Rossi in the same breath? Let's see, Enrico Fermi was a real physicist with a real degree. Now, you may think what Rossi has done may elevate him to Fermi's status, that remains to be seen. Besides, this is the 21st century, Firmi's method worked for then but you wouldn't use it now, would you stand outside a nuclear blast?

Sorry dude, you got the wrong guy. I have mentioned Enrico Fermi not at all. My statement was that you don't need huge amounts of fancy equipment to do good science (which is perfectly true). And I said that one could perfectly characterize Rossi's reactor with two thermometers, a barometer and a beaker. But I was wrong....you also need a stopwatch.

"One other thing, I thought the Oct 28th test was at Rossi's factory, now I've read it took place at the University of Bologna, an appeal to authority, how nice.

I'd love to know where you read that. The photos and videos show an obvious industrial park facility. I seriously doubt that a centuries old university looks anything like that.

Might I suggest you go and have a LARGE cup of coffee, and try again.

WW, you said, Enrico Fermi was able to determine the yield of the Trinity test to within 5%?? with just a stopwatch and confetti?
***Yes, that is the case.

First of all, really, you’re mentioning Enrico Fermi and Rossi in the same breath?
***One brought us “death, the destroyer of worlds” and the other appears to have brought us a new energy source that would SAVE lives, not take them.

Let’s see, Enrico Fermi was a real physicist with a real degree. Now, you may think what Rossi has done may elevate him to Fermi’s status, that remains to be seen.
***Here you are arguing personalities rather than scientific data.

Besides, this is the 21st century, Firmi’s method worked for then but you wouldn’t use it now, would you stand outside a nuclear blast?
***Invalid analogy. Comparing the known past to the unknown.

Has anyone seen a voltage and current meter on that 500KW generator that was hooked up?
***Argument from silence.

He should also use DC to power his heaters so we know he’s not futzing with A/C power factor, no, I don’t believe, now that he is selling shares, I think I see the scam now.
***He’s selling 1MW plants. He MIGHT sell shares down the road.

One other thing, I thought the Oct 28th test was at Rossi’s factory, now I’ve read it took place at the University of Bologna, an appeal to authority, how nice.
***Majoring on the minors. This detail wouldn’t turn the tide one way or the other.

Finally, again, to the challenge, what and who would we consider as a valid test?
***The valid test is to pick someone we both trust to whatever decision is to be made. For instance, we could have had a bet prior to Oct 28 that the test would be postponed. There are a lot of places to hang your hat.

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