Rends Moderator - Germany
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Posts by Rends

    Based on my analysis, I do not think they had any excess heat at the time of the MIT presentation. I do not know what they have now.


    This is something that is especially noticeable to me, there are many players in the LENR field, which have become very noticeably quiet since 2012-2015, besides the Japanese (Tohuko University, Green Planet Inc., Nissan, Mitsubishi et al) Sweden (Elforsk, Vattenfall, Volvo et.al) as well US-Americans (National Instruments, Lockheed, NASA, etc.) and many more, so either they all have nothing, or they develop in secret on high tours in order to gain a competitive advantage, and they are all very glad that Rossi and Industrial Heat attracted the complete public attention, so that they can work inconspicuous.

    But isn't the insane and senseless adulation of every Rossi scheme and trickery by his acolytes offensive to you?


    I simply observe the development, Rossi will have to deliver at some point, because even the most patient investors will turn away at some time when nothing can be exploited, especially when other verifiable results are obtained. The Japanese speak of 2020 for commercial LENR products, SRI is also far ahead, so if Rossi wants to land with his product on the market, then he has to deliver in this period, so you only have wait and you can stop this senseless barking!

    Is this eternal Rossi Bashing not boring for you? What is the point of getting the same old stories out of the cellar again and again? The fronts have long since been clarified, the one thinks that, the others something different. Is there nothing else important in your life? Why don't you just wait and see what is going on in LENR field in general and Rossi in particular?

    @all I would like to explicitly clarify that Eric Walker does not act alone and omnipotent, but, even if he does not have to, always coordinates his administrative interventions with the administrators and moderators of this forum, therefore I would welcome it very much if these untenable insinuations stops!

    Some of the believers need to understand he is just hurting us now.


    Most damaging for the LENR development is the unprofessional approach of Darden et.al. who thought they could play as technology developers and financial investors at the same time, without even having the minimum requirements of necessary technical know-how. what they actually have done was try and error. J.T. Vaughn's testimonies reveal such a high degree of organizational and, above all, technical inability, that I claim them 100% responsible for the fact, that we today still not have clarity about the functionality of Rossi's technology. But above all, Thomas Darden is the one who has set-in a bloody and incapable beginner on the perhaps biggest deal in human history and has not been able to pull the emergency brake in time and find capable staff, but instead with mafia-methods tried to rescue his skin and the reputation of his investment fund, which also went completely wrong with this settlement in court. And if someone claim that all this are just peanuts and the lawsuit is a minor issue for such a big investor, then I consider that one takes his son only to such a business appointment, if it is really significant.

    If Rossi for example had offered a settlement paying back the $11.5M (including all fees and expensives) to get back his IP, why (even if this would be the best offer Rossi et.al could make) should Darden et.al agree? In that case they would knew that Rossi has money and Jones Day strategy was for sure to win this case by counter strike, discrediting Rossi and his pears, getting back all the money including all fees, on top secure the IP for Darden et.al and most important get back the credibility as investment professionals. It would only be plausible to agree in such a settlement, if Jones Day had discovered a massive strategic problem, so that they advised Darden et.al to better settle before loosing the case.

    I can't find a scenario where Darden et.al could book the singing of this settlement as a victory!

    Numerous people have asked about settlement? I can see why Rossi would want to settle, but why would IH. There are really only two possible reasons I see for IH to settle: First, Rossi gives them back their money along with more money for their legal fees or second, Rossi somehow comes up with proof, real proof verified by IH's experts, that his machines work.


    Isn't that exactly what IH is asking for in the counter-claim. Give us back our 10.5 million? Great basis for a settlement, IH wins on all counts. Doesn't have to pay another 89.5 million and gets its original 10.5 back. But if Rossi wanted to do this he could have done it long ago and saved a lot of lawyers fees.


    If during trial, unless it related to the issues on trial, it wouldn't be admitted as evidence. So QuarkX would not be admitted as it has nothing to do with whether or not Rossi satisfied the conditions precedent to IH's obligations in the time period required. Having said that, if he demonstrated and PROVED a working device, I would bet that Rossi and IH would come to a mutually beneficial settlement agreement and the trial would be mooted. I wouldn't hold my breath.


    Settlement discussions are often not admissible at trial. But let's say Rossi gets in, what then when IH says fine - bring a cashier's check for the $11.5 million. Does Rossi have the cash or will that be another instance of Rossi coming up with an excuse? And, if Rossi and IH settled mid-trial on those terms, Rossi could arguable be worse off. With the trial, he stands some chance, however small, of winning on both the principal complaint and the counter-claim. If he settles and then doesn't pay, IH has a slam-dunk case against him for the $11.5 million. What would his defense to non-payment of that be - I didn't mean it or didn't understand it? And given that such a settlement gives IH everything they want originally, I suspect they would have accepted a genuine offer. Remember, if they win on the counter-claim, they will likely be deemed to have rescinded any claims they have to the IP (once they are fully paid). Based on the above, I don't find the alleged settlement offer credible. To plagiarize, "show me the money."


    Rossi certainly did not give any money back to Darden et. al.