” but if someone has laid down 20 million”
No one has. It was a rumor started by Kevmo based on a blog by some dude that calls himself Jennifer.
.............
It does not look like a rumor. Rather it comes via a press release that was reposted.
There are several reports among energy journals about the transaction. Here’s one in oilprice.com.
http://oilprice.com/Alternative-Energy/Nuclear-Power/Industrial-Heat-Acquires-E-Cat-Technology-Opening-Commercial-LENR-Frontier.html
Industrial Heat Acquires E-Cat Technology, Opening Commercial LENR Frontier
A major development in the story of LENR (low energy nuclear reactions, aka ‘cold fusion’) broke on Friday afternoon from Raleigh, North Carolina, with start-up Industrial Heat, LLC’s announcement via a press release that the company had acquired the rights to Andrea Rossi’s E-Cat technology.
Here is the link to the press release.
http://www.prnewswire.com/news-releases/industrial-heat-has-acquired-andrea-rossis-e-cat-technology-241853361.html
NO MONEY is mentioned. PERIOD.