From: Analog Fan
Anyone else think Darden and Cherokee may have been conned by Rossi? I notice their scientific evidence is the previously disputed report from 2013. AFAIK - there is no evidence that Rossi was involved at all. He sold the US license for his technology some time ago to Ampenergo, who then sold to Industrial Heating. Of course the royalties to Rossi which were in the original deal would still be there. Ampenergo could have determined that there was nothing which they could move forward with the capital they have available - and decided to get out with some gain. That is the big unanswered question which I have: why did Ampenergo unload? It would be great to hear something from Craig Cassarino on the underlying rationale for this transaction.