Brief Summaries of Recent New Energy Times Articles
| Feb. 11, 2012 |
| University of Missouri Gets $5.5 Million for LENR |
| The Columbia Daily Tribune reported that Sidney Kimmel, the philanthropist who funded Energetics Technologies, donated $5.5 million to the University. |
| Feb. 12, 2012 |
| Vice Chancellor Duncan to Purchase Two Energy Catalyzers |
| The Columbia Daily Tribune reported that Rob Duncan, vice chancellor for research at the University of Missouri, intended to purchase two of Andrea Rossi’s Energy Catalyzers. |
| Feb. 12, 2012 |
| Rossi’s Australian Investment Opportunity Falls Through |
| Solihin Millin, from Australia, asked potential investors for money to acquire the Australian rights to Rossi’s Energy Catalyzer device. One of the potential investors was Dick Smith, a successful Australian businessman and philanthropist. Millin asked him for AUS$200,000. Smith said no. Millin sent an e-mail to Smith and threatened to sue Smith for “damages” of AUS$100 million if Smith didn’t give him AUS$200,000 by the next day. |
| Feb. 14, 2012 |
| Smith Offers $1 Million Prize for Successful E-Cat Demo |
| Dick Smith, an Australian businessman, offered to pay Andrea Rossi $1 million for a successful test of his Energy Catalyzer. Rossi declined Smith’s offer. Rossi gave Smith a counteroffer: Smith can purchase an E-Cat. Only problem: They are not available for delivery yet. |
| Feb. 15, 2012 |
| Rossi: No Need for $1 Million; Just Send $131,000 |
| New Energy Times published an invoice from Rossi’s Florida-based corporation. Rossi sent the invoice to a potential investor in Australia. For $131,000, the investor could get “the exclusive commercial license” for the Energy Catalyzers, which Rossi did not yet have on the market. |
| Feb. 16, 2012 |
| Rossi States His $131,000 Invoice Is “Unvalid” |
| Rossi confirmed that the invoice he sent to Millin was real but that it was canceled for nonpayment. Rossi also claimed that he licensed Energy Catalyzers to people in “practically all the world’s territories.” If this were true and if the licensing process were similar to the one shown here, then Rossi took money from people in “practically all the world’s territories” for a product that he did not have. |
| Feb. 16, 2012 |
| Leonardo Corporation Buys E-Cat Rights From Rossi’s Wife |
| New Energy Times reported that Florida-based Leonardo Corporation, owned by Rossi and his wife, Maddalena Pascucci, purchased the rights to Rossi’s Energy Catalyzer device. The rights had been owned by Pascucci, and according to a document filed with the European Patent Office, Pascucci paid the Leonardo Corporation €10,000 for the rights. |
| Feb. 17, 2012 |
| Rossi E-Cat Never Delivered to Customer; Needs Gaskets |
|
The E-Cat, which was supposed to be ready for public sale and delivery in October 2011 and which Rossi claimed was sold and delivered to his first, unidentified customer, was never shipped. The reason: leaky gaskets. A document signed by the customer’s representative, accepting delivery, was typed in advance. |
| Feb. 18, 2012 |
| Rossi Blames E-Cat Delivery Discrepancy on Translation Error |
| New Energy Times learned from readers that Rossi had, in fact, told his fans that he had shipped the 1 MW E-Cat. According to Rossi, the discrepancy was the result of a “translation error” that caused him to think that the big blue box was not in his garage but at the customer’s site. |
| Feb. 18, 2012 |
| National Instruments Denies Relationship With Rossi |
|
National Instruments denied having any business relationship with Andrea Rossi. Rossi fans got their hopes up about the credibility of the E-Cat when he said several months ago that National Instruments was working with him. According to Rossi, his October 2011 customer had purchased the 1 MW E-Cat nuclear plant before it had all the control systems installed. In related news, Missouri University’s Duncan said that, after a closer look, the university “decided not to pursue an E-Cat purchase.” |
