I hope so. Either way, he isn’t using tax dollars to fund it. And the fact that he’s has convinced private investors to put their own money into it adds instant credibility in my mind.
Rossi: All these systems sound more Flash Gordon than real. None of these systems exists in the world able to produce 10 kWh/h, as we did and as we are doing. Besides, consider that: all the money spent up to now has been my money.
Furthermore: we are not searching venture capital, we want to sell our energy, taking upon us all the risks, we are paying for all the R&D activity, we are not asking money from anyone.
So far, he indicates that he has used his own money to R&D this, as well as build what has been done. With the University of Bologna endorsing him - he’s got mounds of credability in my book.
I hope the International Patents get issued, but either way - this is going to revolutionize the world. Heat your home for 0.003 cents per KW of heat, electrical costs of around 1 cent/KWR.
More power available, means that our dependance on foreign oil for POWER is going to plummet. With that plummet, we will only need power for gas for our cars - then as battery technology increases - we can tell the Arabs to eat sand.
Google Eestor, aluminum batteries, ENECO thermoelectric, etc.
There are many companies that have generated millions in investments that never had a working unit and disappeared without ever producing anything.
Because that never happens with scams.