What do you guys make of the "customer", identified as JM Chemical Products Inc (since renamed JM Products Inc), sharing its President with Leonardo Corp (Henry Johnson, who appears to be a lawyer for Rossi)?
I've been looking for corporate tax records (or employment records) to see if this entity has ever even had income (i.e. produced/sold anything) or employed people, but can't find anything.
It appears Rossi was contractually obligated to help [lexicon]IH[/lexicon] make it work as soon as they made the $10M payment.
So if he hasn't helped them enough for them to replicate / make it work on their own it appears they can claim Rossi breached contract first. If he didn't live up to his end of the bargain in transferring the know how, regardless of 1 year test results they're not going to give him the $89M (yet).
That would actually explain why they're not out and out calling him a fraud, but are instead accusing him of breaching the contract. This does offer a slight glimmer of hope there's still something here (admittedly looking at this situation in as positive of a light as possible).
