On 2012-06-13 23:00, Akira Shirakawa wrote:
Hello Group,

I asked Roy Virgilio to provide some clarifications on certain passages of his previous forum post, managing to obtain some more information. I will translate his new message below (thanks again Google Translate):

http://www.energeticambiente.it/sistemi-idrogeno-nikel/14742857-novit%C3%A0-cella-piantelli-7.html#post119337343

Here I see there's need to clarify a point. Piantelli NOT HAVE A READY PRODUCT 
yet. He does not have a box to sell. He is not Rossi. Please change your point 
of view.
The fundraising is done to finance the CONSTRUCTION of the prototype. We are in 
the RESEARCH phase. We do not sell anything.

This is about betting, risking.
Metalenergy, a subsidiary of Nichenergy (a company directly created by 
Piantelli and and a few other close associates), is the company which has the 
European exclusive for the sale of FUTURE generators between 101 watts and 7 
kW. Or sale of licenses.

Nichenergy is only the company, closed to everybody, which manages the 
laboratory and the development of the [Ni-H] discovery. It does the research.
Once this research will have borne fruit, the enjoyment of these will come 
through Metalenergy. Who is in Metalenergy will at that point enjoy direct 
earnings and the royalties derived from the sale of products throughout Europe.

CURRENTLY who enters Metalenergy, actually finances Nichenergy, allowing it to 
complete the research and development.

To summarize, the fundraiser we're going to open soon will be to fund the 
research and development of a prototype, and if all goes well, only then it 
will be possible to see the results deriving from the sale of products that 
DEPEND on research today.

So, who wants to put some money on this, will have to consider it almost as a 
donation or, more realistically, as a medium / high risk investment.
But there is this to consider: the association will purchase a share of 
Metalenergy worth today, say, 100000 euros.
This share in a few months or a year (as the work progresses and the goal 
becomes closer) could be worth say 200000, because in the meantime the risk 
that the work ends up with nothing will have decreased drastically.

So who will come at a later time, risking less, will have to pay double or take 
half the shares, and so on. Also, and this is an important thing for me, he 
will not have contributed on this historical adventure, and the advent of a new 
era where energy is clean and plentiful.

I hope that the picture is now clearer. However, all these things we will be 
more clearly explained on a few documents we're currently preparing.

We, I'm saying this again and then I'm out, we do not want to sell you 
anything, we do not want to cheat you. This is only about actively 
participating in the financing and completion of the research and development 
of a product that can improve our lives. Those who believe in it, can 
participate; those who prefer purchasing a black box that MAYBE works... do 
that IF you can.

Roy

Roy Virgilio was gracious enough to provide more answers and clarifications in an additional post:

http://www.energeticambiente.it/sistemi-idrogeno-nikel/14742857-novit%C3%A0-cella-piantelli-7.html#post119337412

@ Shirakawa: If Piantelli convinced the scientific community (which, 
unfortunately, made recently a petition against piezonuclear reactions) that 
LENR are a reality, then investments would not be a problem anymore...

This is the path prof. Piantelli is going through lately. There are good 
chances that soon there will be fundamental data which could break down the 
brickwall once and for all (hopefully). If this finding is confirmed (the prof 
is ultra precise in these matters and the experiment will be repeated until 
there is no doubt that the result is not an artifact) well, then the reaction 
will no longer be denied by anyone.

@ Shirakawa: you're reporting for example, that the Professor could take up to 
a year to collect the remaining funds needed for research

Not really... in the sense that the fundraising is to achieve only 1% of the 
shares that Metalenergy is estimated being worth TODAY, which is around one 
million euros. The other stocks are traded to medium-large companies or 
investors of a certain level. This is just to make sure that everybody can 
contribute with something, and have in the future (but not in 10 years!) a fair 
profit. And this without having to ruin your life other than maybe giving up to 
10 lottery tickets and investing just 100 euros for a certainly more noble 
cause.

@ Maxwell61: there must at least be some cells that produce more than they 
consume must be, otherwise I suppose there would be no reason to do research

[Yes,] There are such cells.

@ Maxwell61: I think that here we are just asking to have 2 numbers: input power and 
output power ... and if making these measurements are part of the "future 
research" after the fundrasing or if it will be possible to have them before.

The matter is a bit different. In the sense that Piantelli, as repeatedly 
stated, kept for several months (more than 8) cells in continuous overunity and 
even in self-sustaining mode. This result is established and repeatable. 
Currently, however, experimentations are aimed at analyzing the fuel, the 
doping, geometry and nanometrics. So, some [cells] give overunity results, some 
do not, some show certain things and others make it understand which paths to 
NOT follow. So his is not working on scale-up and a single final prototype on 
which one can make measurements, but on different parallel experiments where 
each one shows something, makes better understand what is the best way to 
follow, both directly and indirectly.
As soon as a few parameters will be defined (and many are already!) maybe it 
will become possible any day to make a prototype that will pull 5 kW out of 
nothing. And not by a miracle or strange sequences of reactors in parallel (?) 
but because there will be the mastery of the phenomenon and its laws. But for 
this there will be to wait a little bit (in my opinion not too much).

@ Maxwell61: Since we're talking about money, a minimum standard of clarity is 
essential.

The clarity is and will obviously be necessary and will be given as much as 
possible also with patents and official documents. And, I hope, but this is 
just an idea that came to my mind now, even with regular visits to the lab from 
those who put money on this.

Roy

Cheers,
S.A.

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