From: Jed Rothwell
Ø In point of fact, I have maintained from the start that Rossi has seen excess heat, but that he is building a financial scam on top of an energy anomaly that goes back to Piantelli and Mills. If he actually has excess heat from time to time, why would he build a financial scam? 1) The excess heat is unreliable. He cannot show it on demand 2) Rossi does not understand the gain mechanism 3) The COP is in the range of 1.5 to 2 4) The basic patents are owned by BLP, and are pretty strong 5) No one will invest big money with a untrustworthy inventor, even if he is a superb experimenter, knowing all of the above To invest in Rossi, one would have to bet that Mills’ IP can be circumvented and that Rossi can understand the mechanism well enough to make it reliable and increase the COP at the same time. Both are longshots. I doubt that Cherokee did sufficient due diligence.
