Mark,
I agree with your logic and think other nations will quickly remove
their own road blocks and turn on investment for fear of letting Greece become
the next OPEC. Recent news about the NASA tests and Secretary Chu would seem to
support this shift here in the United States and I expect there is a similar
rapid shift in LENR priority occurring overseas. There are already additional
pressures being brought to bear on the Rossi development in that Panatelli is
rumored to be making up lost ground and then there is also this recent weekends
Colloquium at MIT with Brian Ahern's presentation - and let us not forget Black
Light is way overdue for an announcement -this is the longest dry spell on
their website since 2008! A positive indication on CIHT or a reactor demo would
probably start an avalanche, perhaps this is why Mill's has remained silent to
buy himself a little more time but it really doesn't matter now - this bus is
leaving the station!
Regards
Fran
-----Original Message-----
From: Mark Iverson [mailto:[email protected]]
Sent: Tuesday, June 14, 2011 12:34 PM
To: [email protected]
Subject: EXTERNAL: RE: [Vo]:Greece Could Use the ECat Now
Whether by plan or chance, Greece was handed a major piece of leverage when
they desperately needed
it.
You can bet they are going to milk Defkalion for as much as they can get away
with... It's the way
the game is played.
My bet is that Greece was able to convince its creditors (banks thruout Europe,
and a large chunk
held by Germany and France) that it has THE energy of the future, and if the
creditors will prop
them up a little longer, they'll begin to make good on the debt. Greece HAS to
make Defkalion
successful... Which is another BIG reason why big Oil or OPEC won't be able to
stop this from
making it to the market...
-Mark
-----Original Message-----
From: Terry Blanton [mailto:[email protected]]
Sent: Tuesday, June 14, 2011 5:45 AM
To: [email protected]
Subject: [Vo]:Greece Could Use the ECat Now
http://www.cnbc.com/id/43381710
Greece's Debt Rating Slashed, Making It World's Lowest
Published: Monday, 13 Jun 2011
By: Reuters
Standard & Poor's downgraded Greece's credit rating by three notches Monday,
making it the world's
lowest after the agency said a likely debt restructuring would be considered a
default.
A restructuring of Greece's debt - either with a bond swap or by extending
maturities on existing
bonds - looks increasingly likely to be imposed by European policymakers as a
means of sharing the
burden of Greece's crisis with the private sector, S&P said in a statement.
"In our view, any such transactions would likely be on terms less favorable
than the debt being
refinanced, which we, in turn, would view as a de facto default according to
Standard & Poor's
published criteria," the agency said.
In such a case, S&P added, Greece's credit rating would be lowered to
"selective default," or SD,
while the ratings on the country's debt instruments would be cut to D.
<more>
Information we have seen here indicates that Defkalion has connections to the
Greek government and
has purchased a factory in Xanthi Prefecture. But, the world must wait for the
megawatt power plant
in October. Can Greece afford to wait to October? If the government is truly
aware of what
Defkalion really has New Fire and exclusive rights in Eastern Hemisphere, would
not they be
expediting the production of shippable product? I would think that once the
products start rolling
off the production line, all talk of a financial default would cease.
Anyone would be willing to buy a stake in Greece's future. I know I would buy
their bonds!
T
