-----Original Message----- From: Analog Fan For anyone who has followed this [EEStor] fiasco over the years, it's an incredible example of inventor self-deception and lack of due diligence, coupled with lax Canadian markets which make it easy for predatory 'pump and dump' schemes.
You got that right. Canada is the place to be if you want to run a predatory scam and get away with it. 'Caveat Emptor' is the unofficial motto of the Great White North. But EEStor was looking at least somewhat credible, when they were in Texas. Little wonder -- to those who were skeptical of DGT from the start - that they too were in transit to Canada, with its no-reg markets - but apparently Alex could not get as far as implementing a profitable pump-and-dump. Hmmm...are they like the gang that couldn't shoot straight? There is a report of visit to their office at 1140 Homer St. in Vancouver, in better days. http://nickelpower.org/2013/04/10/my-visit-to-defkalion-canada/ This was April. By the late Fall, the office was said to be vacant, the staff laid off, and in Europe, Luc the CTO was saying nasty things about poor testing, Alex the CEO was said to have left the company for good, Yiannis is on Medical Leave, and so on. Of course, it is all rumor but there never was much other than rumor there to begin with. Did anyone really put serious money into DGT? At least they did have working prototypes, which took EEStor a decade to produce (and find out they did not function). DGT could be looking very much like a low budget version of EEStor ... without the benefit of Kleiner Perkins or other supposedly "smart" investors to give some semblance of credibility. Too bad, since DGT probably has found the same NiH energy anomaly as dozens of others - after all, they "borrowed" from Rossi. But the Hyperion is probably not a device that is robust enough at present to support their absurd business plan, which formerly sought very high upfront fees ... and with no IP in place (which is unforgiveable)... not to mention, that legacy of having ripped off proprietary information from AR. Too bad that so much is riding on Rossi nowadays.
