E-Cat: the saga continues.
Maybe this device produces energy, too?
Of course, you all know that if I am criticizing Rossi’s E-Cat it is because I am part of the great conspiracy to keep hidden the fact that oil is infinite and ever recreated in the depths of the earth. I am a gatekeeper; no, really…….. (UB)
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Convicted Fraudster Rossi Accuses Licensee Industrial Heat of Fraud
by Steven Krivit, April 6, 2016
Andrea Rossi, a convicted white-collar criminal with a string of failed energy ventures, is suing Thomas Darden, JT Vaughn, and their affiliated companies Cherokee Investment Partners LLC, Industrial Heat LLC, and IPH International B.V. for fraud. Rossi is accusing them of stealing his intellectual property, which, judging by all public facts known to New Energy Times, does not exist.
According to the complaint, Industrial Heat had paid Rossi $11 million for a license to what he calls his Energy Catalyzer, or E-Cat, an assembly of copper pipes that he says can produce 1 megawatt of commercially useful excess heat from low-energy nuclear reactions (LENRs). Attorney John Annesser, with the Silver Law Group in Islamorada, Florida, is representing Rossi. Annesser has been licensed for four years. Before that, he worked as a general contractor.
According to the license agreement, Industrial Heat was supposed to pay Rossi another $89 million after the successful completion of a one-year operating test in February 2016. Some of the accusations in the complaint, filed in U.S. District Court for the Southern District of Florida, appear suspicious.
Rossi says that “Industrial Heat and/or IPH engaged and paid two of their representatives, Mr. Barry West and Mr. Fulvio Fabiani, to monitor, maintain, take part in, and report on the operation of the E-Cat unit being tested.”
…click on the above link to read the rest of the article…