Bob,
He has a case if IH have not fulfilled their side of the contract and
paid him for a successful trial of the 1 MW plant.
On 7/1/2016 5:12 PM, Bob Higgins wrote:
I am not a lawyer. However, I believe at this moment Rossi has a duly
executed license agreement with IH. He cannot unilaterally cancel
that after money has changed hands. Pragmatically he could not even
give the $11.5M back and take back his license unless IH accepted that
deal with other signed documents. The courts will decide (eventually)
to whom the license belongs. In the mean time, Rossi could be
inviting himself back to jail by offering the license to anyone else.
It seems to me that selling something you don't own is the very
definition of fraud.
On Fri, Jul 1, 2016 at 2:47 PM, Craig Haynie <cchayniepub...@gmail.com
<mailto:cchayniepub...@gmail.com>> wrote:
No way Rossi's actions are fraud, from reselling the licensing,
(unless he has a known faulty product). The best IH can hope for
is a null contract; not the rights to the IP.
On 07/01/2016 03:59 PM, Bob Higgins wrote:
It is interesting and self-destructive that Rossi appears to
have unilaterally declared that the license sold to IH is null
and void. Having accepted money for that license, he is in a
legally binding contract. Yet Rossi seems intent to market
that license to others as though he had no other contract.
This is clearly fraud, and a fraud that will quickly put Rossi
back in jail for a good long contemplative period. He should
be collecting his reading material on antigravity.
I couldn't help myself.
