Jones:

If it isn’t a crime it could still be the subject of a civil action, but if
neither apply, what is it?  Maybe there is some moral line crossed but I
suggest the word scam is not the right one in that case.

Ransom

_____________________________________________
From: Jones Beene [mailto:[email protected]] 
Sent: Thursday, October 16, 2014 3:11 PM
To: [email protected]
Subject: RE: [Vo]:temperature of the resistor wire.



                From: Randy Wuller 
                
                So for example, let’s say Rossi knew that by setting up the
constraints associated with testing the ash, (1% from stuff that fell out),
everyone would be misled as to what was actually happening.  That’s more
appropriately described as protecting your IP.  

Randy - I never said anything about a crime. Why are you? None of the TV
scams I mentioned were prosecuted as a crime, as far as I know. If
dishonesty was a crime, we would have to lock up half of the politicians in
DC.

Make that: more than half. And also - aren’t you assuming that he is not
misleading his funder, as well?

Would your opinion change if you found out that his royalty agreement was a
long-term deal structured around performance milestones?  

I have no idea what his deal consists of, but I doubt if he can walk away
with a large sum without some kind of verification that the device actually
works. It is normal business practice with many inventions that a large
portion of the total royalty payment will in escrow pending milestones
and/or will be delayed until cash-flow starts, meaning that a commercial
product emerges. 

Jones

<<attachment: winmail.dat>>

Reply via email to