Mats Lewan: Here is the Settlement

    • Official Post

    It was jut a technicality that AmpEnergo hadn't signed it. Do you really think that AmpEnergo's signature was important?


    Adrian,


    Even Cassarino acknowledged in his depo, that without his signature, it was not the GPT. Oddly, he then went on throughout the rest of his depo talking as if Doral were the GPT. He even considered suing IH for his part of the $89 mil, after it was over. Contradictory I know.

  • AlainCo,

    The pump and flowmeter claims by IH have now been shot down. What remains apart from the KW input discrepancy claims? You haven't seen Rossi's answer to that so don't know.

    Yet you wax poetic about attics and other irrelevant things. Why do you want to waste time on irrelevancies? My claim was that it WAS evidence, not that it was correct.

  • It would require fifty thousand of them for a megawatt source, each requiring control, a source of input power . . .

    That is not an issue with modern robotic mass production and control technology. There are 51,000 fuel rods and 18 million pellets in a ~1 GW fission reactor. However, the large number of components is not a problem.


    There are 7,000 battery cells in a Tesla Model S.

  • Can't believe you bet your entire stack of Quatloo's on the above! Bankrupt!


    Interesting thoughts regarding the strength of Rossi's hand...



    Yeah, I know. Now I'm a Quatloo beggar. The disgrace!


    Furthermore, I ceded bragging rights to IHFB, and he's boasting that his 'batting average is quite high'. I am truly surprised by this settlement outcome (which he nailed), so all I can do is agree and give him props.


    And Rossi gets props too for apparently getting 11.5 Million from IH for what I believe to be worthless stage craft.


    Given the evidence on the docket, there is no question in my mind that Rossi is a lying con man, and that he has no LENR+ IP of any kind. So it's kind of painful to see him get away with it.


    But, it's not my money - IH gets to foot the bill for their own lack of due diligence. I guess there is some justice in that.


    Rossi payed a price by having his curtain pulled back, so there's some justice in that.


    Annesser is certainly one of the biggest, if not THE biggest winner here, though.


    Pretty crazy.



  • Though I see now that these terms are as presented by Rossi to Lewan. So I'm putting my Quatloos in escrow until there is a statement from both sides that provides the terms.

  • What's your problem ? Why so angry ?

    Are you angry because Rossi has won a battle against a company much bigger then his ?

    That's a weird response to my statement. I'm not angry, just amused.


    For the record my belief, based on available facts, is that Signor Rossi has nothing of value - hence the license is of no value. NO-ONE will be commercialising or using any form of Signor Rossi's flimflam any time before the sun expands and cooks the planet.


    What is amusing is that the supporters of Signor Rossi will make up ever more inventive excuses for non-performance, and still believe everything he says, without question. I look forward to the further development of this art form.


    The human mind is indeed a wondrous thing.

  • In your dreams! Statement like this are delusional. Anyone can see from the photos and specifications that the statements are correct. Rossi never even tried to rebut them.

    It is sad that someone who has done so much for LENR with LENR-CANR.og like you have, should be so prematurely disillusioned.

  • Maybe an equally good question is why IH was willing to walk away from what Rossi claims is a world changing technology? They not only gave all the IP back to Rossi, but it sounds like they are not even licensee's anymore in the North American market. Sounds to me they have not the slightest doubt there is nothing to hold onto.

    Darden was in danger of having to shell out 89M (x3) and chose the minor of the evils. Now he has nothing in his hand and he has paid 11.5M for something that has returned to Rossi. I think Darden should have several doubts .....

  • I am not bitter. As I wrote here, I was relieved that the trial ended with a settlement, because I feared that rogue jury might award Rossi $267 million. There wasn't much for I.H. to win, because Rossi must have spent much of the $10 million on lawyers. I hope he spent most of it.


    It is possible law enforcement authorities will now take the case, and arrest and eventually imprison Rossi for fraud. I do not know how likely that is, but he deserves it, and I hope it happens.

    99.9 percent of the white collar crime never result in convictions. Such endeavors are tantamount to a licence to steal.

  • I don't. Those are completely worthless. Why would Darden choose to retain them? For what possible use?

    For 11.5M of reasons. Darden paid for something he no longer owns. No IP, no plant, no license. When the E-Cat will invade markets around the world, IH's defeat will be even more evident.

  • And FTR, so anyone does not to have to ask me: I will be tickled if Rossi were to come through after all these years. Trust me on that. Do I think he will...hell no.


    That is a typical refrain. I wouldn't hold it against you, because well, I like you. But for the more voracious among us, there is no excuse for some of the kind of behavior we have seen. And they won't get much of a pass from me if Rossi comes through.

  • 99.9 percent of the white collar crime never result in convictions. Such endeavors are tantamount to a licence to steal.

    Well, let us hope that Rossi is among the 1%. I read in the newspapers about white collar criminals sent to prison for stealing or defrauding much less than Rossi stole. So maybe there is hope.


    Say . . . You wouldn't be admitting that Rossi is a crook, would you? Or are you one of these people who admires criminals for their chutzpah?

  • It is sad that someone who has done so much for LENR with LENR-CANR.og like you have, should be so prematurely disillusioned.

    Prematurely?!? What is that supposed to mean? Rossi's fake Penon report has been out for months, and I saw some of the data before it came out. Anyone with an ounce of common sense who looks at the data can see that Rossi is a flaming fraud. That judgement isn't premature; it should have been made as soon as the data was revealed.


    Did you even read the report, or any of the technical depositions? Rossi did not address a single one of the technical objections, except by inventing the invisible impossible mezzanine heat exchanger. If you believe that was real, you are battier than I gave you credit for.


    How many years does Rossi have to lie, deceive and defraud before you will have doubts about him, and stop slavishly believing everything he says? You are pathetic!

  • Well, let us hope that Rossi is among the 1%. I read in the newspapers about white collar criminals sent to prison for stealing or defrauding much less than Rossi stole. So maybe there is hope.


    Say . . . You wouldn't be admitting that Rossi is a crook, would you? Or are you one of these people who admires criminals for their chutzpah


    What happened to the $50 million that IH got from their investors? Will those people get a refund?

  • I just knew you would make a negative assessment as your strong bias has been visible since you started. It is quite possible that IH's case was so weak they were afraid of being charged more than $89 million for failure to comply with the contract.

    You don't know, but as before leap to conclusions.


    Actually, Erik W. admitted that if Rossi got the license back from IH, he would conclude that IH perceived themselves to be in a weak position. I think Erik was spot on, at least in that part of his prediction.

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