The following is all speculation, but I think it's pretty clear what when down.
Due to Stremmenos' connections to the Greek govt, DGT obtained their funding from the govt -- Better to make deal with most desperate partner so one doesn't have to give up much ownership - it's all about leverage. However, like any deal with the govt, there are major strings attached. And one of the strings was a deadline since the dire nature of the financial situation made it very difficult for the govt connection to supply funds for very long. Shit hits the fan: Rossi wants a divorce! And DGT is left with E-Cat reactors which were not reliable and would go quiescent - definitely NOT ready for commercialization -- so DGT needed to stall the govt while they tried to solve the problems. "Just give us some more $ and some time, and we'll hire the scientists and engineers and fix the problems ourselves!" OK, DGT bought themselves another 6 months. This would also explain why they were playing nice with Rossi even after the divorce - hoping they could patch things up. But this split, and the realization that Rossi would not come back, was the extreme pressure causing DGT to take a peek at Rossi's secret sauce. More time goes by, DGT stalls with fancy mockup of a finished unit to show they're almost there, but in reality, they are still not ready for commercialization. More time goes by. unrest in Greece escalates. govt throws a hardball and DGT is given an ultimatum. This latest letter is DGT's threat back that they will simply pack up the lab and move to another country if funding is stopped. Also would explain why Stremmenos abandoned DGT. in his mind, he had to select a side, and in his estimation, Rossi was not quite as ugly as DGT/Greece. Who's got the leverage now, Greek govt or DGT? Well, if DGT shows something significant at ICCF, then Greek govt will kiss A$$, and DGT will probably be staying in Greece. Unless, someone makes them an offer they can't refuse! J This is way too exciting!! The movie rights alone are worth millions. -Mark From: Chemical Engineer [mailto:[email protected]] Sent: Wednesday, July 18, 2012 5:07 PM To: [email protected] Subject: Re: [Vo]:defkalion considering to leave Greece (?) Just tell Defkalion to setup a US Company of which the Greek company will be a subsidiary, call Stephen Chu and apply to the US Dept of Energy for a $1.6B loan guarantee for independent green power production in California (equivalent to 40, $40M license agreements). Spend at least 5% of that loan to lobby for more government money. Defkalion's money woes will be solved and the loan comes with a free Fisker Karma and an A123 fire breathing battery pack(possibly LENR boosted) - I could not resist. On Wednesday, July 18, 2012, Jed Rothwell wrote: Jojo Jaro <[email protected] <javascript:_e(%7b%7d,%20'cvml',%20'[email protected]');> > wrote: My conclusion is: This company is getting ready to abscond. Correct me if I'm wrong and argue from facts, not opinion. I am willing to be wrong about this. No one outside the company can know whether you are right or wrong. None of us has any facts to go on. You are speculating. Guessing, in other words. It is perfectly okay to do that, but you should not confuse guessing with arguing from facts. I agree this makes them look bad. But appearances are not facts. There is nothing wrong with you reaching a conclusion based on guesswork and appearances. People often do that. They are often forced to do that, especially in business, warfare and love. You have to be careful and remember that you might be wrong. The oldest and best technique in warfare is to give a false impression and deceive the enemy into reaching a conclusion based on appearances rather than actual facts. See, for example, Sun Tzu, "The Art of War." That was written circa 256 BC. It is just as valid and useful today as it ever was. - Jed
