I agree with Jones’s evaluation.. If ITER is cancelled and Steve promotes LENR R&D he’ll have a free pass North out of Purgatory—he won’t ever get in with his ticket.
Bob Cook Sent from Mail<https://go.microsoft.com/fwlink/?LinkId=550986> for Windows 10 ________________________________ From: Jones Beene <jone...@pacbell.net> Sent: Thursday, February 14, 2019 1:09:28 PM To: vortex-l@eskimo.com Subject: Re: [Vo]:First Light Fusion Fraud Krivit should be commended. He is correct in saying that Nicholas Hawker, founder of First Light Fusion, made false and misleading claims in the recent press release. Hawker said: “the next phase is to show energy gain, which we aim to complete by 2024.” The "no nuclear waste" claim is also blatantly false. On closer inspection it turns out that Hawker's “energy gain” would not be the continuous gain of an operating power system nor even a net reactor gain nor even a one-time net energy gain which accounts for all losses. There is no evidence that net power-out compared to net power-in over a reasonable time frame could be positive in 2024, and worst of all - they do not anticipate showing a continuously operating process as a milestone. The public will be duped by this. As always it seems, hot fusion remains at the proverbial "30 years away" from a continuously operating process producing net energy gain at a cost which is competitive with solar cells. Krivit may have overreacted by saying that since the "company has published such a misleading public claim, it has almost certainly communicated the same to its investors." That part is not proved. Usually corporate statements are vary different when dealing with investors. That would be where actual fraud occurs, in a legal sense. Hawker can be totally fake with hyping the process to the press so long as he does do not take investment capital based on the misleading statements.
