On 04/07/2016 09:36 PM, Jones Beene wrote:
*From:*Craig Haynie
ØThey also paid Rossi $10 million dollars, after validating that the
device was working…
Not exactly. The logical error is cause and effect. Yes, they paid the
installment, but elsewhere they clearly state that "Industrial Heat
has worked for over three years to substantiate the results claimed by
Mr. Rossi from the E-Cat technology – all without success". Clearly IH
never said or implied that the device worked, nor did they deny making
the installment.
Just to clarify, I am only reading the agreement to make this
determination. I don't have any knowledge as to what actually occurred
when IH paid Rossi the $10 million. Considering they now claim to be
unable to substantiate the results, then this is certainly the prudent
thing to do after a lawsuit has been filed against them. They also are
reported to have had two observers during the past year, watching, and
consulting with the ERV. If there had been a serious problem, one would
think that they would have made some mention of it earlier. Isn't it
also true that one of their observers has been making positive remarks
during the past year, as well?
The agreement says:
"The Validation will be made in the factory of Leonardo within 120
Business Days following the date of this Agreement on a date mutually
agreed to by the Company and Leonardo. "Validation" will be deemed
successful and achieved when the expert responsible for such validation
(ERV) certifies in writing that during a 24 hour test period the Plant
consistently produces energy that is at least six times greater than the
energy consumed by the Plant... and the temperature of the steam
produced by the Plant is consistently 100 degrees Celsius or greater...
At their respective elections, the Company and the Leonardo may have
representatives present to observe the Validation process and discuss
the testing and its results with the ERV."
Craig
