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To: Pearls Before Swine
"I think there’s a lot of promising research going on in cold fusion (or LENR, as it is sometimes called). But, there’s something about the way Rossi conducts himself which makes me suspicious. And, consider this: If you had a virtually infinite energy source, would you sell the rights to it for a mere $11 million? I’d want more."

And just suppose you were an inventor with a technology potentially as big as Rossi's. Where are you going to get the money to bring that invention to market??

The $20MM (which is what was actually invested) is only Rossi's "down payment". The real big money will come as stock growth (you can be sure that Rossi still owns a significant percentage of the company, but less than 51%), and per-unit royalties, which no other investor will receive.

Just like every other high-tech product invented by a "lone wolf" inventor. That is what venture capital companies are all about.

44 posted on 01/28/2014 7:03:36 AM PST by Wonder Warthog (Newly fledged NRA Life Member (after many years as an "annual renewal" sort))
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To: Wonder Warthog

Well, the impression I got from the text was “sold for $11 million”. There was no mention of rights retained, royalties, partial ownership, etc. I agree that those should be in there. But, it’s not like I have the contract in front of me!


45 posted on 01/28/2014 7:20:26 AM PST by Pearls Before Swine
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