Abdlomax•

That was being said ten years ago. There is always some excuse or reason to postpone a verifiable product.

4
stringfold•

The disclaimer at the bottom of the preorder form (which is a joke in itself) still says:

In any case Leonardo Corporation will inform the Customer of the delivery date within December 31st, 2022. If the target of 1,000,000 ( one million) of orders is not reached, this order will be void.

E-Cat World claimed to have been told by Rossi in early February that 800,000 pre-orders had been reached in about 11 weeks, so really, if that claim is remotely true, he should have reached a million months ago and a delivery date will be forthcoming.

Of course, I don't believe that for one second. The whole Rossi enterprise is so amateurish it's a wonder anyone still believes he will ever have anything to deliver to anyone.

2
OneLostOstrich•

He's lying through his teeth.

1
Always_QuestionOP•

so really, if that claim is remotely true, he should have reached a million months ago

According to Rossi, a sizable portion of those early orders were large orders. He extended an offer to any large order holder to come and do hands-on testing, and to post the purchase amount to escrow. I would require the same thing if I were in Rossi's shoes.

1
stringfold•

And come January 1st when he fails to deliver on his delivery date, are you still going to give "According to Rossi" the benefit of the doubt?

Why did the huge orders dry up? How much money is there in escrow? How close is he to a million preorders now? Is anyone who actually has a real product to sell really going to cancel over $200 million worth of orders because they don't make a completely arbitrary preorder goal?

Genuine businesses simply do not work that way.

1
Always_QuestionOP•

If that happens, I'll do nothing, because it has zero impact on me, and zero impact on you.

1
Abdlomax•

And you are anonymous, so your reputation is meaningless, as is your opinion. Your video is meaningless, shows absolutely nothing that we have been seeing for years. This is not how a convincing demonstration would be done. So anyone who buys into this is either an idiot or is willing to lose all his or her investment. A guarantee from Rossi is meaningless. If money is in escrow, there can be tricky terms in escrow. Details matter.

1
Abdlomax•

Correct. Actually, if he had not been lying, he had a product and could have sold energy for heating in Sweden, he had the machines and all the rights in the settlement of Rossi v. Darden. But they didn’t work. So he took them apart and started a new line.

1
Abdlomax•

The price of the device is $25, so a million preorders is not $200 million. No payment is due until ready-to-ship. From a business point of view, it’s crazy. Just a stunt to keep up interest.

Actually, the requirement may have shifted. It is now for any mix of two units, for a total ordered power of 100 MW. If they were all the 10W device, that would be $250 million. Or something like that. There is no confrontation of the original deadline on e-cat world that I have found.

1
Abdlomax•

The date has been removed from the pre-order form. The form and the data sheet contain many bloopers. For example, why must the input power be “grid-connected”? How power can be leaked into the device has been raised as an issue years ago.

Rossi did great damage to the LENR field. He was promising megawatts when other researchers were talking about unreliable peak power generally less than one watt. Investment was drying up. Industrial Heat needed to find out, and they paid him more than $11.5 million and ended up with nothing but proof Rossi was a liar.

1
Abdlomax•

Mats Lewan has pretty much abandoned his e-cat reporting. As of a year ago: https://animpossibleinvention.com/blog/

1