Hi Steven... I've taken part in this aspect of a startup more than once. And it's just started for the E-Cat... No doubt there will be several more, but the bluff and posturing may never see the light of the public venue since Rossi has made it clear that he's holding nearly all the cards... He has shown that he has a low tolerance for excuses and bluffs... His attitude is, "Either produce your side of the bargain or I'll select one of the hundreds of other lucky suitors!"
Defkalion went into the agreement with Rossi (or more accurately, his wife's company) without the capital needed, but they were betting that they could raise whatever was needed to meet certain financial requirements and timelines. Obviously, they failed to perform! One has to wonder if all the armchair critics and careless commentary about lies and failed demos, etc. has caused potential investors to hold off on promises to DGT... Are the comments here on vortex, and the criticisms on blogs on NyTeknik, Passerini, Rossi's Journal, etc, doing more damage than good, meaning, poisoning the well as far as the ability for DGT, or other entities, to raise the necessary $ to meet their contractual obligations????? I hope Rossi has learned the lesson, and will only be making contracts with those who have plenty of liquid assets so they don't delay his schedule. -Mark -----Original Message----- From: OrionWorks - Steven V Johnson [mailto:svj.orionwo...@gmail.com] Sent: Monday, August 08, 2011 12:11 PM To: vortex-l@eskimo.com Subject: Re: [Vo]:The dream is over? Rossi - Defkalion ran out of money? Thanks Andrea, It would appear that Mr. Iverson's assessment may have been pretty accurate. Put out [the money] or it's the hi-way. Regards Steven Vincent Johnson www.OrionWorks.com www.zazzle.com/orionworks
