Daniel Rocha <[email protected]> wrote:

Right, so they sign a business without even knowing what they were getting
> into? Complete transfer of technology? This is full of bull.
>

How do you know? Did you read the contract?

Do you think they could perform industrial development without a complete
transfer of the technology? I don't see how.

Of course both sides need to sign a contract before the complete transfer
of technology. In this case, they also decided to form a joint venture. I
don't see any bull. This all normal business activity.

The abnormalities began after the joint venture started up, when the people
from Mose tried to implement standard methods of confirming the
calorimetry, and the people from Defkalion removed the Mose equipment
without discussion. That was a red flag!

As soon as the Greeks went home and the people from Mose got a chance to
the test correctly, they discovered it does not work. They asked the Greeks
for clarification. They got none. So, after a while they told their
potential customers "it does not work" and they put the company out of
business. If they had not done that they would probably be facing criminal
charges.

Let's see the timeline . . .

January 2013 Gamberale goes to the DGT laboratories in Vancouver to copy
them. Sets up a duplicate lab in Milan.

June 17, 2013 SA came to Milan to start the first test of the DGT
technology in the new laboratory. Very soon the demos for the European
companies started.

July 2013 DGT asked DE to organize a live stream of a demo to broadcast to
the ICCF18.

July 23, 2013 ICCF18 live streaming.

"This challenging request by DGT [to do live streaming for ICCF18] . . .
led DE to accelerate the clarification of some important technical aspects
of the calorimetry which until then had been denied by DGT. To this end,
overriding a gentlemen’s agreement, DE decided to undertake autonomous
tests to identify any malfunctions of the calorimetry protocol."

And . . . the jig was up.

The results in the report were obtained right after ICCF18. They asked for
clarification from DGT and "on the commercial side DE immediately
stopped/froze all negotiations with both Italian and foreign companies to
protect [DE's] clients."

So, it did not take them long to find the problem after they were allowed
to look for it, and they took action immediately. I recall DE announced
there were problems, and they cancelled all negotiations with clients. I
did not follow the story after that. I would say DE are blameless, although
perhaps they had an obligation to inform the public in more detail.

When DE announced they had a problem, I thought: "Ah, it didn't work. As
everyone says, the damn flowmeter bit them on the butt." I did not realize
the extent of it. I had no idea DGT forbid them from doing the test
correctly, and removed equipment to stop them. That goes over the line.
WAAAAAAY over the line. If I were a police investigator I would toss their
offices and haul them in for questioning on the strength of that allegation.

The "gentleman's agreement" was batty. That was a very stupid thing to
agree too. If I had been there during the negotiations I would have raised
hell as soon as DGT said that. I would not have agreed to any such thing,
ever. In fact, if I had been Gamberale in Vancouver I would have demanded
they do a proper verification or I would have called off the whole project.
I have been fleeced enough times in business deals to know that you never
trust anyone. You verify. That's called due diligence. If Gamberale did not
confirm the flow rate in Vancouver, he did not perform due diligence.

- Jed

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