April 8, 2016 – By Steven B. Krivit –
Industrial Heat LLC, a North Carolina company affiliated with Cherokee Investment Partners LLC, issued a statement yesterday rejecting the claims made in a lawsuit filed on April 5, 2016, by Andrea Rossi, a convicted white-collar criminal with a string of failed energy ventures.
In the statement, Industrial Heat said that it “has worked for over three years to substantiate the results claimed by Mr. Rossi from the E-Cat technology — all without success.”
Darden’s statement conflicts directly with Rossi’s recent blog post statements that the one-year test was successful and that a positive independent report will be released soon.
Six months ago, on Sept. 27, 2015, Thomas Francis Darden II, the manager, president, and director of Industrial Heat, told Fortune magazine something different. “Rossi’s was one of the first investments we made,” Darden said. “We’ve been seeing the creation of isotopes and energy releases at relatively low temperatures — 1,000 degrees centigrade — which could be a sign that fusion has occurred.” Darden also encouraged prudence. Continue reading »