Rossi: No Need for $1 Million, Just Send $131,000
We suggest that readers who are not familiar with the Rossi story look at the following New Energy Times articles for background:
Report #4: Rossi’s NASA Test Fails to Launch
University of Bologna Terminates Relationship With Rossi
The Failure of Rossi’s Energy Catalyzer, Caught on Video
Rossi’s Scientific Failure in Seven Steps (English)
Report #3: New Energy Times #37, July 30, 2011
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This article is a follow-up to these articles:
Feb. 13: “Rossi’s Australian Investment Opportunity Falls Through”
Feb. 14: “Smith Offers $1 Million Prize for Successful E-Cat Demo”
As we showed in the Feb. 14 article, Rossi responded to Smith’s offer.
“When Our E-CATS will be in the market,” Rossi wrote, “this millionaire will have the chance to buy for few hundred dollars an E-Cat and test it as he wants, so why waste money? I do not need his money.”
Yet two weeks ago, Rossi sent an invoice to hopeful investors in Australia for $131,000 for a “license” to a product that Rossi did not yet have on the market.
It seems that Smith called Rossi’s bluff. According to Rossi’s e-mail yesterday, his E-Cats, assuming they are real, are still not available for delivery. Rossi’s promises have been ongoing for a year.
On Oct. 7, 2011, Ny Teknik quoted Rossi: “Within a few months the product will be on the market, and the best test is done by the customers who will come back with the product if it doesn’t work.”
On Jan. 16, 2011, Rossi wrote on his blog: “We have already passed the phase to convince somebody. We have arrived at a product that is ready for market. Our judge is the market. In this field the phase of the competition in the field of theories, hypotheses, conjectures etc. is over. The competition is in the market. If somebody has a valid technology, he has not to convince people by chattering, he has to make a reactor that works and go and sell it, as we are doing.”
On Jan. 16, 2011, Rossi wrote to New Energy Times: “What I have presented is not a theory or a laboratory prototype waiting for the approval of anybody but the market: we are starting an industrial production of our reactors. If somebody has a technology able to compete, the competition will not be on the blogs, but on the market. In this field the time of mental masturbations is over. Now is time for facts, and facts are operating reactors of satisfied customers.”
Oddly, there is no evidence of the “customer” Rossi sold his device to in October and there is no evidence of any satisfied customer at all. There is only chattering from Rossi on his own blog and rumors and speculations on the various E-Cat blogs.