So now I await the inevitable "this just proves it is a scam!" comments. I await your explanations as to how that would be the case...
This is contradictory to the scam modelsI don't follow your reasoning.
I've been assuming that this is a investor scam. Rossi and/or Defkalion are trying to drum up publicity to get people to invest (either buying in to a "partnership", selling franchises or buying stocks). Issuing stock is perhaps the least likely option, since that exposes them to more oversight.
The key point is that they cannot release an actual product, nor can they allow a truly independent test of the device(s). If they do either one, they are either vindicated or proven to be liars.
As long as they avoid an open, independent test of the device(s), they can potentially keep bringing in investment money for years. I and others have documented how many different such scams have operated for 5, or even 10 years without collapsing.
This press release says nothing about any independent testing, nor does it identify any real, legitimate customers. It does brag about how many potential investors they have expressing interest.
I may be wrong about this being a scam. But I still haven't seen anything that excludes that possibility, and everything I've seen fits neatly into the mold of previous scammers.
I expect Rossi (and Defkalion) to find some excuse to avoid actually selling the device to real customers. They may come up with a fake customer, who is part of the scam, who will talk about how wonderful the E-Cat works. But I would be enormously surprised if a legitimate customer or tester will show up.
So now I await the inevitable "this just proves it is a scam!" comments. I await your explanations as to how that would be the case...Here's one potential scenario: Rossi and Defkalion are secretly working together. Each one is collecting money from investors. They each start suing each other over various and sundry issues. The law suits drag out for years. They will use the lawsuits as excuses for not actually producing devices for sale.
Ultimately, the "investments" are "wasted" in legal fees and lost business opportunity, which would be largely imaginary. Eventually, they fold up the operation and pocket whatever money is left. In the industry, this is known as the "blowoff". The key to a successful scam is to walk away with the sucker's money without letting the sucker know he has been scammed.
thanks for the ping
The Cold Fusion Ping List
http://www.freerepublic.com/tag/coldfusion/index?tab=articles
Keywords: ColdFusion; LENR; E-CAT; CMNS
business, news, extended, tech
Unfortunately, if Rossi did the following:
1) hired a bunch of actors to pretend to be the customer reps,
2) created an elaborate year-long special-effects-derived series of demos,
3) bribed, hypnotised or otherwise fooled Focardi, Levi, Kullander, Essen, Bianchini, Stremmenos
4) arranged for Piantelli, Miley and a host of others to try to fool the world into thinking that cold fusion was real,
5) got NASA, SPAWAR, The Defense Threat Reduction Agency and The Defense Intelligence Agency to say nice things about the field,
6) got Bushnell to make a fool of himself,
7) and convinced his former partners to set up another company called Ampenergo to pretend that they had a contract for The Americas for a substantial sum
-—— or that they just did this with no proof because they have worked with Rossi and trust him because he’s such a fine fellow,
8) sold his profitable company to his ex-partners in order to spend that wealth on a multi-million dollar scam;
-—— certain that once he got all the above ducks in a row he would pretend to sell the first device
-—— and then reel in the true target of his dastardly plan
9) and convinced a bunch of Greek crooks to set up a dummy company called Defkalion
-—— to pretend to fight with him over the non-existent eCat,
-—— to perpetuate the illusion and spin it off into a competing mirror-scam
[the second (this time genuine) buyer of a 1MW plant that will net him $2 million dollars
-—— until they want their money back or sucker a $100 million dollar deal under the table
-—— because he has experience in pulling the wool over all these idiotic eyes
-—— and knows that they will just take his word for it
-—— and not want to test if his 1MW plant can heat a small village without truckloads of coal or oil or a big fat electric cable coming into the container from beneath the floor (no you can’t lift the carpet!) ]
10) and that, in order to pull this off, Rossi had to risk discovery by interviewing all the people he subsequently fooled so that he could only invite the gullible Professors and not the brilliant anonymous posters on the Internet who surely would have found him out
then, yes, all bets are off and I’m with the guys who think that Rossi is an idiot and they are all geniuses.