Perhaps the most remarkable thing in this story is the 1MW test. What was the purpose and who wanted the test. If Rossi has something that works fully or partially, I can not understand why it came about.
I have read three different explanations to why it happened.
(1) In order to test the reliability of the product.
But as many have pointed out, it is a very strange way to test a product composed of several units together before they have been tested completely separately.
(2) In order to convince potential customers to the 1MW power plant.
But who else than possibly the secret customer may have become convinced by the tests that were carried out? And if you have one of the biggest inventions in 100 years there must be better ways to convince customers that it works over than a one-year test at an undisclosed customer.
(3) After the agreement was released, we found out that the test was a condition for full payment to Rossi.
But who came upp with this very strange ide? According to Dewey, it was a demand from Rossi to have it this way in the agreement. I do not know if it's true. But I wonder why Rossi accepted or wanted it this way. If he really does have something that works, I think he's taking a very big risk with the one-year test. If he failed to keep the reactor running 350 out of 400 days because of reliability problems, which would not be strange with a completely new product, he is not entitled to more than 11.5 million of 100 millions. If I understand the agreement correctly Rossi is not even entitled to the commission of up to 1 billion if the one-year test fail. And IH still keeps the same license rights and do not have to pay commission. It is not reasonable to risk revenue of 89 million and commissions of up to 1 bilion on single test. Why not instead sign a contract in which Rossi get his 89 million when IH has been able to verify the product on there own. And if IH claim they can't verify the product there could be a clause stating that the license is returned to Rossi. This ought to be a much safer way for Rossi to receive full payment. And safer also for IH because they can be 100% confident that it work before they pay the greater part.