The whole IH-Rossi story is completely weird in my eyes. For me, the bizarre behaviour already started at the early contract phase between IH and Rossi.
We have the following initial situation:
- IH consits of a very skilled and experienced management staff (at least Darden), working in the energy and environment field since decades and can be expected to be very experienced in doing negotiations.
- Rossi has a dubious image since years/decades. He's known to be difficult to get on with and has italian temperament. He also was accused for investment scam. A lot very alarming information about Rossi can be found easily in seconds using google. So IH should have known that.
- The whole idea of cold fusion or LENR is seen at least questionable since decades by scientists too.
So what I don't understand is: Why were Cherokee/IH so much incautious dealing with Rossi, knowing all the facts above?
They should have double or tripple checked each single sentense coming out of Rossi's mouth, before paying one single cent. @Dewey Weaver often said that IH has very skilled scientists. So why didn't they use them?
Why didn't IH make clear that they want a really independent test (not Rossi style), with their own scientists, already during the negotiations?
Even on a blackbox such a test with proper equipment and skilled scientist could give clear indications whether the inside of the blackbox is worth 10 M$.
Either Rossi wants the money or he should look for another investor.
I expected IH is clever enough and has the negotiation skills. But they seem to be very stupid by just trusting Rossi says if all @Dewey Weaver said is true.
Sorry for that, but something in this story smells like fouling fish!
Either the guys at IH are naive like kids, or...I don't know...is there another possibility?
But the behaviour of IH just didn't fit into the picture @Dewey Weaver is painting with his claims.