The article is not viewable in its entirety from your link, but if Vortexians would like access to the whole article, it can be accessed via a quick Google News search. I think that we're all still in wait-and-see mode regarding Rossi and Defkalion. The only thing that I have taken away from this is that MY's assertion (that Rossi could be pulling an investor fraud scheme) now has some evidenciary basis: "Mr Millin, 67, told The Australian yesterday he had threatened to sue Mr Smith for $100m because he believed he had proved the technology worked and that he was owed the $200,000. He said Byron New Energy Charitable Trust had planned to use some of that money (understood to be $100,000) to buy the Australian rights to the technology." (http://www.theaustralian.com.au/news/health-science/lure-of-cold-fusion-backfires/story-e6frg8y6-1226246813122) There now appears to be direct evidence of non-customer investments for country licensing for the first time since Ampenergo/Defkalion. When these factors are added to analysis of Rossi's actions, it renders arguments of "he can't be scamming anyone, because his customers' money will be in escrow until they are satisfied it works" totally and uttery meaningless. This is NOT to be taken as evidence that Rossi is running a scam. It is only meant to demonstrate that there is indeed possibility to take investors' money while they wait for the first sales to begin. I think that Rossi's (relatively) short, self-imposed timetables actually contraindicate a long-con. That said, I'm not yet jumping into the commodities markets, buying nickel and shorting oil.
Date: Wed, 18 Jan 2012 12:55:20 -0500 From: [email protected] To: [email protected] Subject: [Vo]:Dick Smith warns against investing in cold fusion That worked out well. Good job Andrea! See: http://www.theaustralian.com.au/news/health-science/dick-smith-warns-against-investment-in-cold-fusion-technology/story-e6frg8y6-1226247794568 - Jed
