As for there not being immediate production and sale of E-Cats as once projected by Rossi, whatever else may be said of him, he has never been accused of having a talent for business. At some point, Rossi was forced to recognize that no matter the merits of the E-Cat and that he might be able to get it produced in numbers, he would need independent safety testing and certification before he could market it.
Based on the press release, it seems that Industrial Heat intends to devote an initial production run to a round of independent testing by universities, governments, and select commercial customers. The E-Cat may fail to work or it may prove to be of marginal value, but with a credible American venture fund now in charge, it will not be rushed to market without its merits first being proved.
“As for there not being immediate production and sale of E-Cats as once projected by Rossi, whatever else may be said of him, he has never been accused of having a talent for business.”
hmmm. I think saying in 4Q 2013 that you had sales that would be shipping in 1Q 2014 and you didn’t would be outright lying!
Rossi claims to have one-MW thermal unit available. However it requires 200kw input to keep it running.
At 30% efficiency that means he can get 300 kw out max with 200 kw in. That gives him an output of 100kw which is a revenue of about $2 dollars an hour. If he runs 24/7 he will net less than $100,000 per year (I am being generous). Invest in Treasuries and you get over $400,000 per year. Anyone with any sense would put their money in treasuries.