Press Release - Cold Fusion (LENR) Verified - Inventor Sues Industrial Heat, LLC.

@Thomas Clarke
Regarding the non-payment of $89 million, it may be true that the license is therefore not granted, and is separate from the other claims.

However, if Rossi can prove that IP was transferred to competition, or that they are engaged with competition, then there are more legal problems and operating problems in store for [lexicon]IH[/lexicon]. IP was mentioned multiple times in the contract as being strongly defended by Leonardo et al. and to be strongly defended by the licensee.

There is a two year non-competition clause (13.3).
Since [lexicon]IH[/lexicon] has engaged with creators of other technologies, these could be construed as competition depending on what these technologies are. This is where the jury and judge will have to make some interesting decisions. The nature of these technologies that [lexicon]IH[/lexicon] has not mentioned will likely be revealed.
A two year delay before using Company designs may be cheap if the tech is effective, but agreements with deemed competitors may become in jeopardy of being in conflict with the non-competition clause. This may be harmful to [lexicon]IH[/lexicon] as regards to being able to operate as a "going concern".

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There is a two year non-competition clause (13.3).

Non-competition is not an issue, because no-one has a product for sale.

@Thomas Clarke

It is not just the sale of competing products, the non-competition clause also includes licensing.

"In the event of termination of this Agreement due to a breach by the Company, the Company and all its affiliates employees, officers, directors, for two (2) years after the period of effectiveness of this agreement will not be allowed to work for a competitor of Leonardo in the licensing or sale of products competing with the sale of E-Cat Products."

I'm sure the lawyers will have a heyday with this clause as to how much licensing interferes with E-Cat sales.

No-one except for Rossi is selling licenses to my knowledge

We do not know the relationship [lexicon]IH[/lexicon] has with the suppliers of the other technologies they support. Yet.

We have no knowledge that any of the research they are doing has yet led to commercialisable technology. Darden did not sound as though that was true. And if it were, it would be good PR for [lexicon]IH[/lexicon], Cherokee, Woodford which they would be trumpetting from the ceiling.

[lexicon]IH[/lexicon] and subsidiaries have been accumulating other patents from other persons/groups. No idea what the deals were. Or the status of the operability of these IPs.

Quote from Thomas Clarke

Quote: “Does one have to provide a completely coherent and proven theory to proceed with productization of an apparent heat source?”

Absolutely not, and if commercialisation ever happens I will be the first to admit I was wrong.

Good. Brilliant Light Power (formerly called Blacklight) seems to be advancing the power of the hydrino reaction. Have you seen the latest demo?

@Thomas Clarke
There was some discussion of one of the Other Patents being a process whereby E-Cat wafers could be printed. Obviously wild speculation.

The funny thing is, sometimes patents like that could be as valuable as the E-Cat in the long run. Imagine having a good, valid, enforceable patent on the printing of complex compounds. (I have forgotten the details of the actual acquired patent mentioned above, and can barely be motivated to look again for it).

All I really want to see is the ERV report, for now.

Quote from Contrarian

Quote from Thomas Clarke: “Quote: “Does one have to provide a completely coherent and proven theory to proceed with productization of an apparent heat source?”

Absolutely not, and if commercialisation ever happens I will be the first to admit I…

BLPs 3 classes of demo have each been more difficult to analyse and do calorimetry on than the previous. The latest "bomb" one is totally hopeless. Has it got better in the last 6 months?

[lexicon]Industrial Heat[/lexicon] & Cherokee say his invention didn't work. They responded to the lawsuit in this news story: http://www.bizjournals.com/tri…-cold-fusion-startup.html

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BLPs 3 classes of demo have each been more difficult to analyse and do calorimetry on than the previous. The latest "bomb" one is totally hopeless. Has it got better in the last 6 months?

The latest is a completely different process from the earlier demos. The earlier ones were individual shots of a few milligrams of hydrated powder sequenced at a few HZ. The latest is hydrated molten silver electromagnetically pumped in a stream at around 1000 HZ. The stream is actually individual drops which trigger the high current when each drop passed between the electrodes. The point of this demo was to show how they had advanced to a very high power continuous reaction. Interestingly, Mills provides spectrums of the reactions over time which show how the spectrum changes from EUV and UV to optical. This is because of the silver vapor. Mills also released an updated design for his SunCell based on the improved process as well as commercialization plans and schedules.

I*d love to have an IGNORE BUTTON within the WOLTLAB Boardsoftware. I'd be glad to eliminate the noise of Thomas Clarke's 1.007 posts, the permanent typing of people with too much time with a mouseclick!

@jimimo
I suggest modifying the Drumpfinator code to suit your needs.

I've just read the contract between Rossi and [lexicon]Industrial Heat[/lexicon]. It states very clearly that Leonardo Corp would license it's E-Cat IP to Iindustrial Heat for $100m. After that, they'd receive 5% royalties every year until they'd received $1bn. Rossi had already been given $16m and was supposed to receive the remaining $89m after a 350 day test done by an ERV chosen by both [lexicon]IH[/lexicon] & Rossi. Both [lexicon]IH[/lexicon] and Rossi would pay for the ERV and both would have access to him and his equipment during the test. If the test showed a COP of 6, then [lexicon]IH[/lexicon] would release the $89m.

Surprisingly, the ERV concluded the test and showed a continual COP greater than 6 and occasionally higher than 50. So it's simple, [lexicon]IH[/lexicon] must pay.

Amos,

It is a license agreement. If it is breached then the license is void - but [lexicon]IH[/lexicon] does not have to pay.

At least that is my reading.

I wonder if [lexicon]IH[/lexicon] owns the 1 MW reactor, then. I suppose they might. That would make a neat exhibit X.

You wrote: "Surprisingly, the ERV concluded the test and showed a continual COP greater than 6 and occasionally higher than 50. So it's simple, [lexicon]IH[/lexicon] must pay."

That is surprising. However, I.H. disputes the finding. In their latest press release they say there was no heat. If that is true, they do not have to pay. We will have to see the ERV report before we can judge which side is correct.

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We will have to see the ERV report before we can judge which side is correct.

If the ERV report has loopholes, like all Rossi's other tests, it will not prove the test did not work. Unless we are lucky, as with Lugano.