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
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