Look at the big picture.
It should be noted that most technology transfer contracts like the one between AR and IH are definitely NOT based on a one-time cash transfers of millions of dollars up front – especially when there is no tangible product at hand and the IP portfolio is a joke. Most often, the contract is structured around what are known as “milestones,” perhaps a half dozen over 4-5 years, each with partial payments, and leading up to a final installment. The Lugano report was very likely the fulfillment of one of these milestones, perhaps the last one. The present controversy- the so-called “megawatt device” producing low grade heat for an unknown customer for a year would seem to be an ideal kind of milestone, if an unbiased and competent scientist was invovled. Obviously, a year at high COP would be the ideal final milestone, with plenty of PR value for IH - and would trigger the bulk of the contract obligation. Millions of dollars could be hinging on this report. And IH has its own investors to please so they have to be completely above-board and use extreme due diligence. It is probable that following the Lugano fiasco, and the mountain of criticism for the sloppy and unscientific work done there by Levi and his unwitting stooges, that IH began to question Rossi’s integrity – particularly in fulfilling the last milestone criteria, which … of course… precedes the final big check. This has now come to a head. IH does not trust Rossi, due to the Lugano fiasco, and will balk at payment of this milestone unless the proof is substantial. Rossi wants to present an air-tight case, but he may or may not be able to do so, based on an truly objective accounting. This accounting of power-in vs power-out over a full year - should be amazingly easy to provide, if Rossi had kept good records. Any high school kid could do it. However, all of Rossi’s associates say that he does not keep good records. I have recently re-read the Pinon report, which is an absolute mockery of the scientific system, and if Pinon turns out to be the ERV, then we are in the early stages of a gigantic lawsuit. Pinon is basically NOT competent as a scientist, in any relevant way. Rossi supporters should hope that Pinon is not the guy. From: Jed Rothwell Ian Walker <walker...@gmail.com> wrote: I think it can be reasonable argued that the target was Krivit, as Krivit himself admits he sent one of his missives where he said he was going to write a report stating Rossi and IH had split so what was their comment. I do not see how this statement fits Krivit. There is nothing about "embracing failure" with regard to him. Furthermore, I doubt that I.H. cares what he thinks. Yes, he sent an inquiry to them about Rossi, and they sent back that March 10 statement. But, they sent it far and wide, to many people, including me, via Infinite Energy, and they asked us all to upload it. I don't suppose they would distribute it to everyone just in response to an inquiry from Krivit. Krivit and I discussed this. I said I agree with him there seems to be rift, but I think he is reading too much into the statement to conclude that: "Industrial Heat has apparently terminated its relationship with businessman Andrea Rossi." - Jed