PRESS RELEASE: Industrial Heat Has Acquired Andrea Rossi's E-Cat Technology

This just out!

Industrial Heat Has Acquired Andrea Rossi’s E-Cat Technology

RESEARCH TRIANGLE, N.C., Jan. 24, 2014 /PRNewswire-USNewswire/ — Industrial Heat, LLC announced today that it has acquired the rights to Andrea Rossi’s Italian low energy nuclear reaction (LENR) technology, the Energy Catalyzer (E-Cat). A primary goal of the company is to make the technology widely available, because of its potential impact on air pollution and carbon dioxide emissions from burning fossil fuels and biomass.

“The world needs a new, clean and efficient energy source. Such a technology would raise the standard of living in developing countries and reduce the environmental impact of producing energy,” said JT Vaughn speaking on behalf of Industrial Heat (IH).

Mr. Vaughn confirmed IH acquired the intellectual property and licensing rights to Rossi’s LENR device after an independent committee of European scientists conducted two multi-day tests at Rossi’s facilities in Italy.

The published report by the European committee concluded, “Even by the most conservative assumptions as to the errors in the measurements, the result is still one order of magnitude greater than conventional energy sources” [referring to energy output per unit of mass]. The report is available online at http://arxiv.org/abs/1305.3913. In addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.

Since acquiring Rossi’s technology, IH has engaged in a broad-based effort to protect it by preparing numerous patent applications related to the core technology as well as associated designs and uses.

Tom Darden, who co-founded Cherokee Investment Partners, a series of private equity funds specializing in cleaning up pollution, is a founding investor in Industrial Heat. He is one of a small group of like-minded investors who are supporting this technology because it could significantly address a number of social and environmental challenges. They have committed to make it broadly available because of its potential for impact. IH is considering partnerships with industry participants, universities and NGO’s to ensure the technology is developed in a thoughtful and responsible manner.

JT Vaughn manages Industrial Heat. He is the founder of Cherokee McDonough Challenge, an accelerator for environmental startups, and a leader in the startup community in the Research Triangle.

Companies or organizations interested in partnering with Industrial Heat should reach out to JT Vaughn at info@industrialheat.co.

CONTACT: JT Vaughn, jvaughn@industrialheat.co, 919-743-5727

SOURCE Industrial Heat, LLC

  • good to be clear.
    note that the report was so incredible for skeptics that they base their decision on it. good news.

    • Billy Jackson

      is that the same report from a few months ago or is this at the conclusion of the current battery of tests that it was supposedly going under?

      • Pekka Janhunen

        It’s the May 2013 Levi et al. report. Notice that they also say “In addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.”

        • ahh… thanks for pointing that!

          • Andre Blum

            good info.
            It is easy to misread the press release and think they acquired it today. That it not what they say. They say they announced it today. This probably happened quite a while back, and this press release could be in reaction to ecatworld readers finding out the truth recently.

      • it seems to be the Levi&al test, funded by Elforsk.

        • Guest

          Very good news 🙂 do you believe the media attitude will change this time? Given the past experience I will not hold my breath for it

          • Mr. Moho

            If Industrial Heat founders Vaughn and Darden (and related entities) will start giving interviews about this… there might be some change in the media attitude.

    • They also says they have filed (good?) patents to protect the technology.

      • MasterBlaster7

        I think, what they mean, by good patents, is that they are ‘good’ because they are based on sound technology producing a result, where the theory is not fully understood. These ‘good’ patents should retroactively protect their interests when a working commercial product, and subsequent commercial success, forces the U.S. Patent office to lift its ban on ‘cold fusion’ devices.

  • good to be clear.
    note that the report was so incredible for skeptics that they base their decision on it. good news.

    • Billy Jackson

      is that the same report from a few months ago or is this at the conclusion of the current battery of tests that it was supposedly going under? (Ah it is the same report). dang was hoping this was the deal with the 6 month run 🙂

      • Pekka Janhunen

        It’s the May 2013 Levi et al. report. Notice that they also say “In addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.”

        • ahh… thanks for pointing that!

      • it seems to be the Levi&al test, funded by Elforsk.

    • They also says they have filed (good?) patents to protect the technology.

      • MasterBlaster7

        I think, what they mean, by good patents, is that they are ‘good’ because they are based on sound technology producing a result, where the theory is not fully understood. These ‘good’ patents should retroactively protect their interests when a working commercial product, and subsequent commercial success, forces the U.S. Patent office to lift its ban on ‘cold fusion’ devices.

  • Mr. Moho

    Do you think the editors of Triangle Business Journal will cover this? As they already did a couple weeks ago when the connection with Rossi wasn’t official yet:
    http://www.bizjournals.com/triangle/blog/2014/01/is-raleighs-cherokee-trying-to-cut-an.html

    • ecatworld

      I would think so, yes

    • Omega Z

      Mr. MoHo
      Need to check.
      I think Triangle Business Journal has carried this article as well. Aren’t they MSM???

      • Omega Z

        Actually, your link is to Triangle.

  • Chuck Becker

    Sweet detective work guys!!!! They had to issue the press release! The E-CAT was outta the bag as it were..

  • NCkhawk

    I believe this is the same team that helped get another really interesting start-up, BioMason, off the ground last summer & funded

    by a Richard Branson effort in November. They know how to pick winners.

  • NCkhawk

    I believe this is the same team that helped get another really interesting start-up, BioMason, off the ground last summer & funded

    by a Richard Branson effort in November. They know how to pick winners.

  • stefan

    I wan to stress this again:

    Rossi has spoken on his blog’s on so many things like IH have themselves built a reactor and run it from
    instructions from Rossi.

    There is no other way out for skeptics, than to assume that all people at IH are themselves con artists.

    Highly Highly unlikely.

    People we have a technology!

    • deleo77

      That post by Rossi on his blog back in the middle of 2013 saying that it was a big day for him because his partner assembled and operated a working device without him, may prove to be the most important post that he made last year. If you can now believe that his post was 100% true and that Industrial Heat assembled and operated a working e-cat without Rossi, and then they acquired the rights to it, then that gets you pretty much there.

      • stefan

        The thing is, if the post was not true and anyone at IH read it, and Rossi was scamming them, I would be very surprised if they still went ahead bought the technology. Quite unlikely that as well!

  • Stefan Israelsson Tampe

    I wan to stress this again:

    Rossi has spoken on his blog’s on so many things like IH have themselves built a reactor and run it from
    instructions from Rossi.

    There is no other way out for skeptics, than to assume that all people at IH are themselves con artists.

    Highly Highly unlikely.

    People we have a technology!

    • deleo77

      That post by Rossi on his blog back in the middle of 2013 saying that it was a big day for him because his partner assembled and operated a working device without him, may prove to be the most important post that he made last year. If you can now believe that his post was 100% true and that Industrial Heat assembled and operated a working e-cat without Rossi, and then they acquired the rights to it, then that gets you pretty much there.

      • Stefan Israelsson Tampe

        The thing is, if the post was not true and anyone at IH read it, and Rossi was scamming them, I would be very surprised if they still went ahead bought the technology. Quite unlikely that as well!

  • Andre Blum

    good info.
    It is easy to misread the press release and think they acquired it today. That it not what they say. They say they announced it today. This probably happened quite a while back, and this press release could be in reaction to ecatworld readers finding out the truth recently.

  • Mr. Moho

    I thought there was a tragic error in the press release, but industrialheat.co is an actually valid domain name:
    http://whois.domaintools.com/industrialheat.co

    Of course, it points to Cherokee.

  • Guest

    Very good news 🙂 do you believe the media attitude will change this time? Given the past experience I will not hold my breath for it

  • cx

    Still wondering if the outing of Rossi’s partner caused the hasty coming out of BLP. I don’t believe in coincidences.
    This year will be exciting.

    • MasterBlaster7

      Rossi…I am onboard with. BLP…I am still skeptical.

  • cx

    Still wondering if the outing of Rossi’s partner caused the hasty coming out of BLP. I don’t believe in coincidences.
    This year will be exciting.

    • MasterBlaster7

      Rossi…I am onboard with. BLP…I am still skeptical.

  • Jimr

    It’s good to know for sure. Now I’m wondering how much recognition IH will receive as compared to what many thought would be GE, Seimens, B&W, etc. We should see shortly.

    • MasterBlaster7

      It seems that the ‘aircraft carrier’ is more a ‘fast attack boat’ or ‘frigate’ if I am being nice. Still, solid backing.

  • Jimr

    It’s good to know for sure. Now I’m wondering how much recognition IH will receive as compared to what many thought would be GE, Seimens, B&W, etc. We should see shortly.

    • MasterBlaster7

      It seems that the ‘aircraft carrier’ is more a ‘fast attack boat’ or ‘frigate’ if I am being nice. Still, solid backing.

  • AB

    That was unexpected! It does make sense though with other competing companies getting more attention lately, and e-catworld’s detective work.

    > In addition, performance validation tests were conducted in the
    presence of IH personnel and certified by an independent expert.

    I would like to see more information on these tests. I wonder if the independent expert is our old friend Fioravanti?

    • Paul

      Yeah, what has Fioravanti to say about that test? I bet he knows about it

  • GreenWin

    So, it was JT Vaughn that built a Rossi hot cat from scratch without Rossi’s help or input?

    • Bernie Koppenhofer

      That is really hard to believe. An investment company with a state of the art research facility is also hard to believe.

  • Frank Acland

    Who’s going to edit Wikipedia with this news?

  • blanco69

    I’ll be the first to admit that I was doubtful about the link to IH LLC. It seems to me they are driven more by investment than pure industrial production. That said it’s a great reveal by the ecat world family and a great endorsement of LENR. They are now ‘considering partnerships with industrial participants, universities and NGOs’. That puts them in the same place as Defkalion in my book. I know many will say that IH have a lot more cash than DGT but we all know that it’ll take much less than Blacklight Power’s $60m to turn a hot cat into a solid, viable, money making energy machine.

    • ecatworld

      It’s interesting that the partner is identified as Industrial Heat rather than Cherokee. Cherokee is the investment firm, and the only connection between Cherokee and IH listed in this press release is that Cherokee CEO Tom Darden is an investor — among others. We know from the SEC filings that IH raised some 12 million so far, and that’s not going to go too far in the industrialization. So new investments and partnerships will be critical in that regard.

      • LENR G

        Yeah, Industrial Heat LLC is the entity created to validate and perform R&D on the E-Cats.

        The original investors in Industrial Heat are mostly unknown. Could include some of the players we’ve speculated about or proxies for them in the phase one feeling out stage.

        We also don’t know what the terms of the contract with Rossi/Leonardo were. I imagine he got a hefty some and some healthy percentage of future revenue, contingent upon validation.

        As predicted they kicked the tires themselves before sealing the deal. For fans of probability the chances of this all being a scam are now:
        * the % Rossi has been lying or mistaken all this time
        * times the chances Fioravanti and Penon were lying/mistaken
        * times the chances that Defkalion, Brillouin, Lenuco and Nichenergy are also lying/mistaken
        * times the chances the ELFORSK report was in error
        * times the chances that Industrial Heat/Cherokee are lying/mistaken

        I get something very very close to zero. Your mileage may vary.

        • AB

          You underestimate posters like Maryyugo. I have no doubt that they will spin their own version of the story where the press release confirms their point of view.

          • LENR G

            I am interested in the truth. If the skeptics have reasonable concerns let’s hear them cause I’m having trouble imagining the scam/hoax scenario without resorting to some really bad plot devices.

          • Curbina

            Please, use the correct term: pseudoskeptics.

          • LENR G

            Pseudoskeptics don’t have reasonable concerns. They have disinformation and attitude.

          • Omega Z

            Maryyugo will be in denial even when setting in his Olympic sized pool of Tea. Even the second refill will have no Impact on his denial.

          • Mr. Moho
      • Zeddicus Zul Zorander

        I think IH wa created so they can invest through it, but when the IP wars start or when the ecat turns out false or not good enough, they can sink IH without the mother organization being dragged down also. It’s common business practice.

    • Omega Z

      I also had doubts about I.H. being the Partner.
      Or maybe just hoping it was a Much Larger Entity. Faster Roll-out…
      As to the 80 Million$ of BLP. Consider BLP’s facilities & personnel (University setting)over 20 years & you’ll see that research is not cheap.
      I would note that Universities get a piece of the funding pie brought in by the researcher(BLP in this case). I’ve read to the tune of 25% tho I don’t know if that is a standard percentage. Universities can do as they please with their share.

  • blanco69

    I’ll be the first to admit that I was doubtful about the link to IH LLC. It seems to me they are driven more by investment than pure industrial production. That said it’s a great reveal by the ecat world family and a great endorsement of LENR. They are now ‘considering partnerships with industrial participants, universities and NGOs’. That puts them in the same place as Defkalion in my book. I know many will say that IH have a lot more cash than DGT but we all know that it’ll take much less than Blacklight Power’s $60m to turn a hot cat into a solid, viable, money making energy machine.

    • Frank Acland

      It’s interesting that the partner is identified as Industrial Heat rather than Cherokee. Cherokee is the investment firm, and the only connection between Cherokee and IH listed in this press release is that Cherokee CEO Tom Darden is an investor — among others. We know from the SEC filings that IH raised some 12 million so far, and that’s not going to go too far in the industrialization. So new investments and partnerships will be critical in that regard.

      • Yeah, Industrial Heat LLC is the entity created to validate and perform R&D on the E-Cats.

        The original investors in Industrial Heat are mostly unknown. Could include some of the players we’ve speculated about or proxies for them in the phase one feeling out stage.

        We also don’t know what the terms of the contract with Rossi/Leonardo were. I imagine he got a hefty sum and some healthy percentage of future revenue, contingent upon validation.

        As predicted they kicked the tires themselves before sealing the deal. For fans of probability the chances of this all being a scam are now:
        * the % Rossi has been lying or mistaken all this time
        * times the chances Fioravanti and Penon were lying/mistaken
        * times the chances that Defkalion, Brillouin, Lenuco and Nichenergy are also lying/mistaken
        * times the chances the ELFORSK report was in error
        * times the chances that Industrial Heat/Cherokee are lying/mistaken

        I get something very very close to zero. Your mileage may vary.

        • AB

          You underestimate posters like Maryyugo. I have no doubt that they will spin their own version of the story where the press release confirms their point of view.

          • I am interested in the truth. If the skeptics have reasonable concerns let’s hear them cause I’m having trouble imagining the scam/hoax scenario without resorting to some really bad plot devices.

          • Curbina

            Please, use the correct term: pseudoskeptics.

          • Pseudoskeptics don’t have reasonable concerns. They have disinformation and attitude.

          • Omega Z

            Maryyugo will be in denial even when setting in his Olympic sized pool of Tea. Even the second refill will have no Impact on his denial.

      • Zeddicus Zul Zorander

        I think IH wa created so they can invest through it, but when the IP wars start or when the ecat turns out false or not good enough, they can sink IH without the mother organization being dragged down also. It’s common business practice.

    • Paul

      This means that Rossi has not yet an industrial partner, and this is not a good news

      • NCkhawk

        Based on the track records of the investors and managers involved, I’d be willing to bet that they have a plan and have a path(s) to the right industrial partner(s).

    • Omega Z

      I also had doubts about I.H. being the Partner.
      Or maybe just hoping it was a Much Larger Entity. Faster Roll-out…
      As to the 80 Million$ of BLP. Consider BLP’s facilities & personnel (University setting)over 20 years & you’ll see that research is not cheap.
      I would note that Universities get a piece of the funding pie brought in by the researcher(BLP in this case). I’ve read to the tune of 25% tho I don’t know if that is a standard percentage. Universities can do as they please with their share.

  • artefact

    Oh, I’m one hour late. Need to refresh more often! 🙂
    Its getting interesting (even more). hope that will generate some news.

  • artefact

    Oh, I’m one hour late. Need to refresh more often! 🙂
    Its getting interesting (even more). hope that will generate some news.

  • Sanjeev

    Great news. 2014 starts with a lenr bang.
    This revelation will surely give 1000x credibility to Rossi as well as lenr itself and other players in the field.
    IH , although not a very big partner, is still something. Looks like they need money and are scared by BLP’s announcement. Let the competition heat up and benefit everyone.
    Here is the link : http://www.digitaljournal.com/pr/1700070

    • NCkhawk

      Interesting observation – I would have guessed that BLP is the one who needs money and who has hurried themselves into a demo as a result of perceived pressure from Rossi (now IH).

      • Sanjeev

        Well it looks like an avalanche of announcements from all players one after the other. The reason seems to be obvious, get more investors on their side and prevent them from investing in competitors. All good for lenr anyway.

        BLP has $80M while IH has $12M something. Hopefully this announcement will attract more. 12M is like peanuts to start any kind of industrial production.

        • NCkhawk

          Where did you get that BLP has $80M? From what I’ve researched, they have raised and spent $90m over the past years and that doesn’t include all the money that Mills has earned and invested himself. I’m hoping that have something useful. (really interested to see how they cool that thing if they’re running hardware on 1/28). Further, I see the B word associated with funds that the Industrial Heat investors are associated with – I think they run with the big boys.

          • Sanjeev

            Its correct that they report it as all $80M spent. So I guess that will be counted in assets? Anyway, IH should be able to raise more because of the doubtful past of BLP and as you say, their B connections.

        • Paul

          This give a good idea of the relatve strenght. I bet on BLP, because there is a solid theory behind, predicting all the energies and other parameters in detail.

      • jousterusa

        BLP has already raised $80 million- Rossi only got $11 million from IH LLC, I think.

        • NCkhawk

          Are you a troll? Read the string please.

    • Omega Z

      Or Reverse-It’s also possible the Rossi & Partner have created pressure for BLP.

  • NT

    My hat is off to those here who reported this linkage first here on e-catworld – well done Frank and everyone!

    • Sanjeev

      Really well done. Now we can all officially point at the so called mainstream journalism and laugh.

  • Ophelia Rump

    This makes the China involvement somewhat more substantiated.
    I dare say this means that an International LENR race is now officially on.
    China and South Korea have left the gate. Whatever country puts this in mass production first gains economic superiority.

  • stefan

    This also indicates that the ongoing tests are shown to be coherent or surpass with what was found before.
    Remember Rossi have mention that people, probably from US has as well participated, and they are probably known
    and trusted parties by IH. I really do not think that they would go out with a press release without at least
    an informal acknowledge.

    Cheers!

  • Stefan Israelsson Tampe

    This also indicates that the ongoing tests are shown to be coherent or surpass with what was found before.
    Remember Rossi have mention that people, probably from US has as well participated, and they are probably known
    and trusted parties by IH. I really do not think that they would go out with a press release without at least
    an informal acknowledge.

    Cheers!

  • georgehants

    I have no bottle in my fridge but the red wine is flowing. Ha

    • atanguy

      Good! No coke please…

    • artefact

      Cheers George, but slowly, your wine glass is probably more fragile than my whiskey glass.

    • Warthog

      Well, no bottle in the ‘fridge……but the sound of the fat lady tuning up is music to MY ears. But I’ll bet the skeptics will think it a sour note.

      • georgehants

        GreenWin, you have a good memory, she has hit top C, the glass should shatter into a million pieces, where is Peter, Why did we follow Rossi from the beginning knowing that it would be genuine.
        Serendipity my bum, it was intuition, foresight, precognition, etc.
        I spiritually prey that nothing stops Rossi’s battleship now, there will be many attempts by capitalism to capsize this gift to the World.
        Thanks Frank and all.

        • Fortyniner

          Hi George. Been away a couple of days (family matter) and I’m trying to catch up right now. Typical – I turn my back for 5 minutes and miss developments I’ve been waiting 3 years for!

      • Bob Greenyer

        Well done for all the E-Cat world community super sleuthing that may have contributed to forcing this issue and (whatever the underlying process) thanks to BLP for turning up the heat on this space.

        Thanks also loads to Frank for his unstinting support for this science. You can all say you were part of this journey.

        I hope that the BLP is not just a flashy plasma show with no metrics and that Industrial Heat have got what they paid for, because, that means, the planets future just got a whole lot brighter. More than that, if these technologies are rolled out ethically, we may be entering into the age of plenty and we will hopefully get more fun out of our one lives that pointless toil to serve the ruling classes.

  • georgehants

    I have no bottle in my fridge but the red wine is flowing. Ha

    • atanguy

      Good! No coke please…

    • artefact

      Cheers George, but slowly, your wine glass is probably more fragile than my whiskey glass.

    • Warthog

      Well, no bottle in the ‘fridge……but the sound of the fat lady tuning up is music to MY ears. But I’ll bet the skeptics will think it a sour note.

      • georgehants

        GreenWin, you have a good memory, she has hit top C, the glass should shatter into a million pieces, where is Peter, Why did we follow Rossi from the beginning knowing that it would be genuine.
        coincidence my bum, it was intuition, foresight, precognition, etc.
        I spiritually prey that nothing stops Rossi’s battleship now, there will be many attempts by capitalism to capsize this gift to the World.
        Thanks Frank and all.

        • Hi George. Been away a couple of days (family matter) and I’m trying to catch up right now. Typical – I turn my back for 5 minutes and miss developments I’ve been waiting 3 years for!

  • Bertuswonkel

    Good news! This raises the credibility of Rossi a lot. He may have been a bit to optimistic sometimes but most of what he has stated turned out to be true. I am sure Industrial Heat has tested his claims to the max before investing. They probably also have been skeptical at the beginning, this is only logical if someone makes such claims. I think it is save to say, Rossi has the goodies! The likelihood of a big scam has again lowered a lot. Great work Ecat-World for finding the connection! Once again shows we are way ahead of the curve.

    • Omega Z

      Rossi had said (By way of compilation of posts) that the partner had to build an E-cat using only Rossi’s instructions. Rossi himself was not allowed to participate. Only Observe.
      And that an Outside Expert had observed & checked it out.
      That the results had to meet or exceed the 3rd party tests.

      This disclosure pretty much confirms Rossi’s statements precisely & the fact they bought the rights indicates the E-cat met or exceeded the 3rd party tests.

      • barty

        I just posted this information on the german wikipedia site for “kalte fusion”, and it was removed a few minutes later…

        • Sanjeev

          Lol. I think its better to leave them alone with their denial. They are taking their last breaths anyway.
          If I were a billionaire with serious money to invest in Ecat/lenr, I wouldn’t even think of taking a decision based on some wikipedia stuff written by unknown people. I would simply contact the inventors and set up a study group of engineers to get the facts first hand.
          So, as I say many times, there is no use correcting the wiki or expecting the popular sites to report positively on lenr. It makes not much difference.

  • Bertuswonkel

    Good news! This raises the credibility of Rossi a lot. He may have been a bit to optimistic sometimes but most of what he has stated turned out to be true. I am sure Industrial Heat has tested his claims to the max before investing. They probably also have been skeptical at the beginning, this is only logical if someone makes such claims. I think it is save to say, Rossi has the goodies! The likelihood of a big scam has again lowered a lot. Great work Ecat-World for finding the connection! Once again shows we are way ahead of the curve.

    • Omega Z

      Rossi had said (By way of compilation of posts) that the partner had to build an E-cat using only Rossi’s instructions. Rossi himself was not allowed to participate. Only Observe.
      And that an Outside Expert had observed & checked it out.
      That the results had to meet or exceed the 3rd party tests.

      This disclosure pretty much confirms Rossi’s statements precisely & the fact they bought the rights indicates the E-cat met or exceeded the 3rd party tests.

  • Christopher Dennis

    Does anyone know how to go about buying stock in Industrial Heat, Llc? According to an earlier post, the company filed with the SEC to sell 20 million in shares.

  • Frank Acland

    Folks can chat on LENRConnect if they like http://www.lenrconnect.com

  • Christina

    Yeah, yeah, yeah.

  • friendlyprogrammer

    Nice. Between this and Blacklight (BLP) it appears we might at least get some acceptance of LENR soon. I can wait a few more years for commercialization, but I will feel triumphant if this attracts billions of dollars in research.

    Had Rossi or other had that kind of funding we would be driving LENR cars,boats, blimps (yes I predict floating hotels will come back when LENR hits), …..

    So….

    sell your sailboat…. Now you will be able to cruise to Hawaii doing 30 knots instead of 6.

    • georgehants

      Those billions of dollars will have to be wrenched from the scientific religious fanatics spending it all on Hot Fusion, Global Warming, and sending toy trucks to Mars, plus a million highly paid administrators and experts to make sure that no tax-payers money is wasted. Ha

  • friendlyprogrammer

    Nice. Between this and Blacklight (BLP) it appears we might at least get some acceptance of LENR soon. I can wait a few more years for commercialization, but I will feel triumphant if this attracts billions of dollars in research.

    Had Rossi or other had that kind of funding we would be driving LENR cars,boats, blimps (yes I predict floating hotels will come back when LENR hits), …..

    So….

    sell your sailboat…. Now you will be able to cruise to Hawaii doing 30 knots instead of 6.

    • georgehants

      Those billions of dollars will have to be wrenched from the scientific religious fanatics spending it all on Hot Fusion, Global Warming, and sending toy trucks to Mars, plus a million highly paid administrators and experts to make sure that no tax-payers money is wasted. Ha

    • Paul

      BLP’s reactions are NOT Lenr. It is classical physics revisited in a genial way by Mills, making important new preditions but nuclear fusions are not involved, never! Moreover, it is a complete theory, there is also a software they sellthrough a subsidiary that allow to calculate the structure and the physical quantities of every organic molecule. It is a breakthrough theory, making the Quantum Mechanics obsolete and useless. It has many experimental confirmation in laboratory, I advice to read at least the introduction of Mill’s book hosted on BLP website.

      • friendlyprogrammer

        Yet Rossi and other LENR researchers are still guessing at the mechanisms behind it. If Hydrinos exist, they MAY also have a role in what we think of as LENR. The W/L theory is one of the few that makes any sense, but is far from confirmed.

        I have no qualms comparing the two at this time. Hydrogen is key to both is the best we know for sure.

        • Paul

          Hydrinos have already been confirmed by many direct signatures in Hydrogen plasmas with a catalyst, but it is a quite technichal matter, so I don’t want bother you with details. Paradoxally, a device based on hydrinos would be only an indirect confirmation of their existence, which has been better tested with Nuclear Magnetic Resonance (NMR) and similar techniques, which search for precise signatures at predicted values.

  • Joel C.

    How we do invest in Industrial Heat, LLC?!!!

    This could be huge, like Google or Telsa stock were before their prices skyrocketed.

  • Curbina

    Kudos to the people that let the cat out of the bag here in E-catworld first. I think they kind of induced a stream of events that ended in this press release. Now, this is big news.

  • Curbina

    Kudos to the people that let the cat out of the bag here in E-catworld first. I think they kind of induced a stream of events that ended in this press release. Now, this is big news.

  • Bob Greenyer

    Well done for all the E-Cat world community super sleuthing that may have contributed to forcing this issue and (whatever the underlying process) thanks to BLP for turning up the heat on this space.

    Thanks also loads to Frank for his unstinting support for this science. You can all say you were part of this journey.

    I hope that the BLP is not just a flashy plasma show with no metrics and that Industrial Heat have got what they paid for, because, that means, the planets future just got a whole lot brighter. More than that, if these technologies are rolled out ethically, we may be entering into the age of plenty and we will hopefully get more fun out of our one lives than the pointless toil to serve the ruling and rentier classes many of us have to suffer.

  • clovis ray

    wow,wow wow , what a surprise , a bit strange but it’s the news our gang has been waiting for years to hear, wow; haven’t got to read this —
    ( http://arxiv.org/abs/1305.39130 ). yet, but you can bet i will, wow thank god, we finally have a way to save our world, i’m so pleased, smile. well frank get ready we are going to get the full treatment coming soon, hope you have the ban -width to handle the incoming, i feel we will get very busy soon, –big smile

  • NCkhawk

    Based on the track records of the investors and managers involved, I’d be willing to bet that they have a plan and have a path(s) to the right industrial partner(s).

    • Daniel Maris

      I agree – these people know sound like they know what they are doing.

  • artefact

    Confirmed: Raleigh’s Cherokee buys into controversial nuclear tech devicehttp://www.bizjournals.com/triangle/news/2014/01/24/onfirmed-raleighs-cherokee-buys-into.html

    • artefact
      • Mr. Moho

        This is more like an actual news article which can be used elsewhere, like on Wikipedia.

    • Curbina

      And there you can see Mary Yugo trying to rise the “Rossi is a scammer” smoke screen.

      • Andreas Moraitis

        Congratulations to Rossi. I only hope that the contract he has signed is not disadvantageous for him. There are many examples in history where inventors have been screwed by smart business people and their lawyers.
        The next important step will be production. I recently asked Rossi on his blog if production could start soon after the testing and validation phase was completed, an he answered in his typical manner “It does not depend on me”. Apparently, he has no longer the control about what happens with his invention.
        If we are optimistic and assume that the E-Cat will go sooner or later into production, there is still the question of patent claims. Rossi’s Italian patent seems to have some defects, and there are a lot of other LENR patents around. IndustrialHeat could be late with the new patent applications they have announced.
        The battle is not yet won, we’ll have to keep our fingers crossed.

  • artefact

    Confirmed: Raleigh’s Cherokee buys into controversial nuclear tech devicehttp://www.bizjournals.com/triangle/news/2014/01/24/onfirmed-raleighs-cherokee-buys-into.html

  • Christina

    Admittedly computer inept, I can’t find a whole lot on http://www.Industrial HeatLLC.com. Am I missing some other entry to get into the company, because that simply has some kind of an outline in a business journal. Doesn’t it have its own site somewhere? Thank you.

    And

    CONGRATULATIONS! CONGRATULATIONS, Andrea Rossi. I don’t know whether or not to address you as doctor or mister. I’m going for Doctor because even though you may or may not have the degree from a university, you certainly did the work by leaps and bounds of magnitude above what is requires. Again, Congratulations, Dr. Rossi.

    I am praying that your attempt to distribute world-wide to make the E-Cat available to those who need it most succeeds in a peaceful way for the world.

    So everyone have a great day, praise God, thank Andrea Rossi for his colossal amount of work over the decades, and may God bless him and all of you.

    • There is no web site yet for Industrial Heat. Remember they were lying low and just went public today. There was no reason for them to have a web site. They have reserved industrialheat.co (not com) which currently just redirects to the press release.

      • Christina

        Thank you very much, LENR G.

        Have a great day. The E-Cat is a great late Christmas present for the people of the world. Hopefully, everyone will within the next two decades have adequate housing, heating/cooling, food, and clean drinking water.

  • NCkhawk

    Here is the link – I don’t think this directly connects Branson to Cherokee or Industrial Heat but it does show that the IH managers know what they are doing. BioMason was one of their Cherokee Challenge graduates last summer.

    http://www.ncbiotech.org/article/triangle-startup-biomason-wins-international-award/4545

  • John Littlemist

    Am I the only one wondering why Industrial Heat does not seem to have web pages at all?

    • cx

      Industrial Heat is mostly just a name. Cherokee is the main company.

      • LENR G

        This is not really accurate. Cherokee herded the investors and made it happen but Industrial Heat is the entity that owns the E-Cat IP and licensing rights and is performing the R&D.

        It’ll be Industrial Heat that makes all the important moves from here on out, not Cherokee. Cherokee or Cherokee personnel may be significant investors in IH but we don’t even know if they are majority investors or what the control structure of IH is. There may be some other significant players that we are not yet aware of.

    • artefact

      you are not the only one. Bloodymedia on moletrap wonders also.

      • LENR G

        There is no web site yet for Industrial Heat. Remember they were lying low and just went public today. There was no reason for them to have a web site. They have reserved industrialheat.co (not com) which currently just redirects to the press release.

    • US_Citizen71

      I think the press release was likely rushed by the threads here and the the announcement by BLP. I have looked at several different websites belonging to the Cherokee group and they are well done. I would expect them to have some type of website up in the next 30 days. Just not yet because they we not anticipating making the announcement this early is my guess.

      • ecatworld

        I agree. Seemed like this was a tactical announcement for some reason — maybe because of the BLP demo, or other situation. I don’t see it as much of a problem that they don’t have a web site. JT Vaughn is a known entity, as is Cherokee. As far as I can tell this is a well respected company, and these guys are respected professionals.

  • John Littlemist

    Am I the only one wondering why Industrial Heat does not seem to have web pages at all?

    • cx

      Industrial Heat is mostly just a name. Cherokee is the main company.

      • This is not really accurate. Cherokee herded the investors and made it happen but Industrial Heat is the entity that owns the E-Cat IP and licensing rights and is performing the R&D.

        It’ll be Industrial Heat that makes all the important moves from here on out, not Cherokee. Cherokee or Cherokee personnel may be significant investors in IH but we don’t even know if they are majority investors or what the control structure of IH is. There may be some other significant players that we are not yet aware of.

    • artefact

      you are not the only one. Bloodymedia on moletrap wonders also.

    • US_Citizen71

      I think the press release was likely rushed by the threads here and the announcement by BLP. I have looked at several different websites belonging to the Cherokee group and they are well done. I would expect them to have some type of website up in the next 30 days. Just not yet because they were not anticipating making the announcement this early is my guess.

      • Frank Acland

        I agree. Seemed like this was a tactical announcement for some reason — maybe because of the BLP demo, or other situation. I don’t see it as much of a problem that they don’t have a web site. JT Vaughn is a known entity, as is Cherokee. As far as I can tell this is a well respected company, and these guys are respected professionals.

  • Omega Z

    If you dig within all their contacts & partners, You’ll find Political connections of all persuasions & corporate connections of many. G.E, Siemens, Google among others.
    It’s a Who’s Who. Just some of what I found a while back when ECW posted the 1st connections to Cherokee.

  • Tom59

    Great News! But in this time of glory we should stay modest and encourage the science community to join. As McKubre has put it: this is much too important to be monopolized by a single person or company or country… and probably too large a field for only commercial approach. To avoid the worst in global warming and other looming desaster teamwork is needed now and not after the sceptics in science have naturally died out. Ed Storms talked earlier about systematic testing of LENR materials/processes – a huge field that may hold many more surprises in various fields – which all requires academic science. Would be good IMO if we promote science buy-in through ECW.

  • Tom59

    Great News! But in this time of glory we should stay modest and encourage the science community to join. As McKubre has put it: this is much too important to be monopolized by a single person or company or country… and probably too large a field for only commercial approach. To avoid the worst in global warming and other looming desaster teamwork is needed now and not after the sceptics in science have naturally died out. Ed Storms talked earlier about systematic testing of LENR materials/processes – a huge field that may hold many more surprises in various fields – which all requires academic science. Would be good IMO if we promote science buy-in through ECW.

  • Mr. Moho
    • LENR G

      Wow, who wrote that piece of garbage?

      • Frost*

        I’m afraid there will be more of this type of coverage to come.

        The truth will out!! In time.

      • friendlyprogrammer

        This guy,

        douglasmain@gmail.com

        I just emailed him… Let him have it guys.. lol

      • Many factual errors, like “convicted scam artist”. Rossi was cleared of all charge of fraud and even environmental crimle, based on the fact the the accusations were based on retroactive laws.

        so huge lack of information seems based on Wikipedia.

    • V.p.S.

      This exactly confirms my expectations about the mainstream media reaction as I stated in the my post above… Would need some more informative press releases from Industrial Heat to really change the current opinions in the media

    • Private Citizen

      PopSci is despicable. Wish those cowards didn’t squelch reader comments.

      Looks like the MSM still has its shields up.

      • nightcreature3

        It’s so ironic, that, despite sticking to their usual “censorship” of anything LENR, they are in fact acknowledging the importance of this event, by actually reporting it.

        • damage control.
          they tried not to talk of it like about Elforsk Perpektic, or Baoiding HIDZ deal, about sunrise securities …

          but there it is in financial news, so they have to prevent people to read positive news…

          desperate defense.

          best answer is to sue them for libeling rossi. It is a clear ly that he was convicted of scam.

      • Mr. Moho

        After reading it more carefully, I think the Gizmodo article is even worse, a way. It doesn’t outright scream fraud (although the author it strongly implies it is and supports this view), but it’s got a strongly biased moderated comment section where people are actively treating this (and Industrial Heat) as such. Plus, it seems to be gathering views, apparently (which might not be a bad thing after all. Truth will out, eventually. Darden/Vaughan must have thought more than twice before releasing their announcement):

        http://gizmodo.com/a-u-s-company-bought-the-rights-to-this-dubious-cold-f-1508731448

    • Tom59

      This makes victory taste even sweeter!

    • US_Citizen71

      I am curious does anyone know for sure if Rossi was convicted of anything over PetroDragon? I thought the case was overturned. If so Popsci has committed libel.

      • kdk

        He was acquitted on the worst of it (after he spent time), but then just got tax evasion, iirc it was for illegal waste dumping when the law was unexpectedly changed. Supposedly, it was the mafia upset with him encroaching on their waste business. He’s probably had his run-ins with the mafia(cartel) type, that’s for sure.

        I wonder if MaryYugo realizes he’s been thrown under the bus yet, or what his exit strategy was.

        • NCkhawk

          Its probably why he is no longer in Italy – boy did those guys blow it.

          • Omega Z

            That’s precisely why Rossi is in the U.S.
            They provided a port of shelter. Treated him well… And Rossi appreciated it.

      • I think it would be good advertizing to sue them for libelling…

        just for the fun!

        they probably read wikipedia too much.

        not for the money, not for the honor, just for the advertizing…

        launching a libel action against popsci is easy money.

        he was clearly cleared of all charges except tax evasion linked to the bankruptcy caused by law change.

        I’ve gathere many data on Rossi, and all is there

        http://www.lenr-forum.com/showthread.php?2384-Rossi-on-Burning-his-Finger-(The-Beginnings-of-the-E-Cat)

        not definitive, but anyway
        – it was judged, he is innocent
        – E-cat is working, Levi report shows it is real…

    • Sanjeev

      As expected, the bitterness is increasing as more evidence comes in for Ecat. His words are clearly a defamation attempt. I wonder, now that the partner need not stay hidden, will they start suing these people who have an obvious agenda to damage their business.

    • Frechette

      Sounds like the scribbler of the Popsicle article might be Maryugo.

  • SteveW

    Though rumors and BLP’s announcement was likely responsible for this press release, still, for Industrial Heat to make it now, the current long term tests must be going very well.

  • V.p.S.

    Seems like the latest BLP activity actually induced Industrial Heat to make this public release a little bit ahead of their plan. And it looks like they all would now rally trying to beat each other in making breaking news. Just 3 days before the potentially the most important demonstration of BLP Industrial Heat tries to gain some media attention by putting a press release without having even a simple website (previous Rossi licensees went online early to offer at least some source of information). Probably they are hoping that this would sell well in the media considering the speculative background of the E-Cat story. And they are probably right. But mostly we don’t get any new information from this press release. They put the already well-known, but unfortunately not well-accepted test report on E-Cat as their primary motivation for the investment. But even with referencing some independent expert (before the report publication we also thought that the testers will be independent enough to be accepted by the media), this doesn’t make much difference.

    Any way, we can now probably give up on our dreams that Siemens, UTC or other big players could be already involved in the E-Cat technology being the Rossi’s partner. What is now really interesting to know, what kind of industrial facilities and know-how does Industrial Heat have actually. Rossi was alwas speaking about them as highly qualified team of professionals and also mentioning incredible production capabilities, but given a different background in business, Cherokee alone doesn’t seem to fit into this picture being just an investing company. Hope this kind of information will follow soon when Industrial Heat will reveal the really interesting details on its business.

    • artefact

      I don’t think it is only BLP. Defkalion also released the expected commercialisation date: 3rd quarter 2014

      • V.p.S.

        Yes, not only, but I doubt some vague 3rd quarter commercialisation plan from Defkalion would bring IH to make this premature press release exactly now without giving any details on their own commercialisation plan. For me, BLP was definitely the catalyst, a catalyst for news on catalyzer 🙂

    • Mark Coffman

      My feeling is that it was Brillouian => South Korean Company , SRI => PESN that started all this. Far Eastern
      companies know how to make money by building product rather than continuous talk from the likes of Rossi.
      Because Rossi/Brillouian/Blacklight claim such different operating principles any product is patentable but
      once someone starts building and profitably selling product, others ideas starts to take on wasting time value
      because different companies will partially implement the other ideas without any real competition…Winner-takes-all
      style.

      I somewhat doubt Blacklight’s Jan 28th demonstration will be impressive because LENR cavitation corrosion
      will destroy his gearwheels in operation with no obvious product solution. Though there are plently of ways to
      slice and dice the 10^15 fusions per second for 1J latent heat output to have an impressive math-only claims
      demo.

      :S:MarkSCoffman

  • jousterusa

    Congratulations to Dr. Andrea Rossi! Who knows, maybe the sale of the rights will help my book “Power” take off, since Rossi himself praised it. It is still available on our american-reporter.com website. Anyone want to buy the rights?

  • jousterusa

    Congratulations to Dr. Andrea Rossi! Who knows, maybe the sale of the rights will help my book “Power” take off, since Rossi himself praised it. It is still available on our american-reporter.com website. Anyone want to buy the rights?

  • Private Citizen

    If anything, this should help BLP’s demo, as it establishes more credibility for LENR and its commercialization. It also stimulates public interest.

  • Private Citizen

    If anything, this should help BLP’s demo, as it establishes more credibility for LENR and its commercialization. It also stimulates public interest.

  • barty

    I just posted this information on the german wikipedia site for “kalte fusion”, and it was removed a few minutes later…

    • Sanjeev

      Lol. I think its better to leave them alone with their denial. They are taking their last breaths anyway.
      If I were a billionaire with serious money to invest in Ecat/lenr, I wouldn’t even think of taking a decision based on some wikipedia stuff written by unknown people. I would simply contact the inventors and set up a study group of engineers to get the facts first hand.
      So, as I say many times, there is no use correcting the wiki or expecting the popular sites to report positively on lenr. It makes not much difference.

  • Paul

    Jim Szyperski CEO of Power Generation Services, Inc. is advisor of Cherokee: http://cherokeechallenge.com/team/ He has an important role in Cherokee: http://www.linkedin.com/pub/jim-szyperski/3/7b9/6b And, most interesting, his company is this:
    http://companies.findthecompany.com/l/31211546/Power-Generation-Services-Inc-in-Raleigh-NC I guess he could be involved at least as one of the secret investors, but perhaps much more, if you see what his company do.

  • sterlingda

    Great News. I’ve posted a feature page here: http://peswiki.com/index.php/Directory:Industrial_Heat,_LLC
    Since PESWiki is publicly editable, you’re welcome to contribute to that page, keeping it up to date, fixing typos, etc.

    In the intro, I state: “This is a major milestone in this 3-year long E-Cat saga we’ve been
    following — perhaps the biggest yet. And it’s a great day for the LENR
    world, colloquially called ‘Cold Fusion’ in general. It’s also a
    vindication of this technology that we’ve been featuring in our Top 5 Exotic Free Energy Technologies listing nearly as long.” — Sterling D. Allan

  • heath

    Is it possible that there is a connection with the following:
    1. Oil futures slowing falling
    2. A few months of banks and billionaires selling commodity stocks since the summer of last year
    3. The ChineseUS research park and the Cherokee visit
    4. President Obama visited the Research Triangle (where Cherokee is located) on the 15th
    5. The coming State of the Union address on the 28th
    6. BLP giving its demo on the 28th
    7. And this sudden press release about the E-cat
    8. The drop in the trading markets
    9. The DoE inviting LENR proposals
    10. NASA’s LENR plane presentation in Feb

    I probably am reading too much into this but it just is strange to me how sequentially all of this is falling into place.

    • it seems no… it would be more violent if they were aware.
      think of 2008 subprime crisis.
      the crisis was predicted by roubini before 2005, eveybody was lauching.
      it was in the market in 2007.
      people get aware when lehman brother crashed only.

  • clovis ray

    An experimental investigation of possible anomalous heat production in a special type of reactor tube named E-Cat HT is carried out. The reactor tube is charged with a small amount of hydrogen loaded nickel powder plus some additives. The reaction is primarily initiated by heat from resistor coils inside the reactor tube. Measurement of the produced heat was performed with high-resolution thermal imaging cameras, recording data every second from the hot reactor tube. The measurements of electrical power input were performed with a large bandwidth three-phase power analyzer. Data were collected in two experimental runs lasting 96 and 116 hours, respectively. An anomalous heat production was indicated in both experiments. The 116-hour experiment also included a calibration of the experimental set-up without the active charge present in the E-Cat HT. In this case, no extra heat was generated beyond the expected heat from the electric input. Computed volumetric and gravimetric energy densities were found to be far above those of any known chemical source. Even by the most conservative assumptions as to the errors in the measurements, the result is still one order of magnitude greater than conventional energy sources.
    Comments:Appendix on electrical measurements addedSubjects:General Physics (physics.gen-ph)Cite as:arXiv:1305.3913 [physics.gen-ph] (or arXiv:1305.3913v3 [physics.gen-ph] for this version)

    • Neil Farbstein

      I read that article. Besides the abstract you can download the whole article as PDF on the abstract page. I’ve kept a abreast of that research that group is scientifically credible.

      Vulvox has produced a report about a fast acting control system
      for LENR Rossi type Ecat and Hot cat reactors. It can instantaneously
      shut off out of control reactions that can sinter the catalyst inside
      the reactor or cause explosions. It will lower the time taken to refuel
      the reactors and to replace the catalyst.

      We are actively looking for R&D partners to build and test a simple modification of Ecat and Hot Cat reactors.

  • Neil Farbstein

    When the hell was Rossi convicted of scamming and defauding people? I think Pop Sci is slandering him. I saw last years scientific report by Levi et.al. that definitely proves that their device is making excess power.

    • friendlyprogrammer

      Rossi was accused of fraud in Italy. He entered into a waste management business in a country that apparently has “The Mafia” (Who knew Mafia reached as far as Italy?).

      Despite being granted an American Visa by The President of the United States (Carter), Rossi did not hide and faced all of his accusers and won. He did get a tax evasion conviction though.

      By the time Andrea Rossi was 30 years old he…

      – Had held a world running record for two consecutive years . (<—- WHO KNEW THAT ALREADY).

      – Had published a book on Environmental Science.

      He then went on to own a $30 million dollar (USD) company that was forced out of business by the mob. New laws came into play making his storage illegal after the fact. nudge wink.

      Rossi has always had money and Bio-Fuel patents that earn him money. If he wanted to go live on a beach he could have at any time.

      All of Andrea Rossi science is common theme of environmental science.

      – Many scam corporations think to raise money (scam) by selling shares. This scam was common with mining companies. Tell everyone you found a rich vein then sell shares then pay yourself a million in salary and go broke. Andrea Rossi has not sold or tried to sell any shares in Leonardo corporation. This would be easiest scam opportunity.

      – Andrea Rossi is immigrating to the US where anti fraud laws are extremely tough.

      – Andrea Rossi funded the first 5 years of this from his own pocket including hiring Focardi.

      Scammers have a history of using other peoples money for scams, and Andrea Rossi has used his own.

      Since Andrea Rossi made the Nickel/Hydrogen version of LENR popular in 2011, we have seen many unrelated labs confirm this is indeed possible and very effective. So he is on the right track according to many.

      – He seems to be logically progressing. His best demo was 18 hours on an unstable product and Defkalion bailed on him because he could not do a 48 hour run, but now he is running (confirmed) at much higher temperatuires for longer. If this was fake why did he not fake a 48 hour run with Defkalion or when he was demonstrating in 2011. Are skeptics suggesting he has advanced his fakery in this time?

      – He has demonstrated publicly in front of many skeptics and geniuses many times during 2011.

      – He did allow this recent team to evaluate the ecats with very impressive results, and DC input has also been ruled out. It appears we must think there is criminal conspiracy among very impressive verifying team with reputations at stake, or accept the reality of the ecat.

      – Andrea Rossi did publish a paper on this (see his website) in 2010 but it was basically ignored, and all patents for anything suggestive of Cold Fusion have been banned. How would a normal person proceed?

      -He cannot get patents on this because of ban , but also has secret catalyst that is his advantage in market. How would anyone protect it?

      Have a close look at what NASA, George Miley, toyota, brillouin, Peter hagelstein, celani, piantelli, Honda, Mitsubishi, and others say about LENR. Look at the Zawodny videos. they all have their own working versions which are UNRELATED TO EACH OTHER. THIS IS IMPORTANT. If there is 20 scientific fronts developing the same tech then it helps it look viable.

      Rossi has never been poor. He could have gone to Margaritaville 20 years ago if he wanted to.

      As Forbes Magazine Mark gibbs says,"This is not, of course, the last word or even one anywhere near the end of this story but unless this is one of the most elaborate hoaxes in scientific history it looks like the world may well be about to change."

      Andrea Rossi has always been an achiever. As a teen he held the world record for distance running for two years in a row.

      He is likely imho to go down in history as one of the men responsible for clean energy and will save millions of lives.

      I say we go easy on the guy. He has ALWAYS done what he said he would do. I think he is very, very, very, credible.

    • I think it would be good advertizing to sue them for libelling…

      just for the fun!

      they probably read wikipedia too much.

      not for the money, not for the honor, just for the advertizing…

      launching a libel action against popsci is easy money.

      he was clearly cleared of all charges except tax evasion linked to the bankruptcy caused by law change.

      I’ve gathere many data on Rossi, and all is there

      http://www.lenr-forum.com/showthread.php?2384-Rossi-on-Burning-his-Finger-(The-Beginnings-of-the-E-Cat)

      not definitive, but anyway
      – it was judged, he is innocent
      – E-cat is working, Levi report shows it is real…

  • the_solist

    About the investment in Industrial heat:

    I’m not well versed in US securities laws, but the filing appears to be an exempt to offer shares for sale. This means that they have sold shares to external parties for some reason, probably to broaden the investor base. It does not mean that the total investment is 11 to 20 million, it is very likely that it is much higher, maybe in the hundreds of million. Cherokee writes this about new investments on their homepage:

    “Cherokee seeks to place a minimum of $25 million of equity in each investment, with no maximum, and we often enhance these investments by leveraging additional public and private funds to create valuable projects that benefit our investors, partners and the communities in which we work.”

    Also consider that key people from Cherokee has taken the managing positions in Industrial Heat LLC. They wouldn’t do that unless the fund had a significant commitment.

    Any additional investments by current shareholders should not show up in SEC filings unless they offer shares to external investors. They could drop billions into that company and we wouldn’t know about it.

    My guess would about the investments in the company would be this:

    Cherokee and some other investors start Industrial Heat together with Rossi. Cherokee and the other investors fund the company with $5-20 million. Rossi gets a significant share of the company. When third parties confirm that the E-cat works, they invest at least an additional $20 million and seek more investors (SEC filing) for an additional $20 million in order to broaden the investor base. New investments will come from the investor base as the research and product development moves along.

    As an investor there isn’t much point in funding a new company with more money than what is needed to run it for a year, when the money runs out you invest more if you still believe in the company.

    • Daniel Maris

      Sounds plausible.

      If the technology works, these sorts of figures should be more than enough to get production going. Essentially IH will be looking for others to provide the funding to buy the technology. So, in China perhaps, maybe someone will come along with $10million funding for a 20MW plant.

      • Omega Z

        WOW

        See Comments–http://www.bizjournals.com/triangle/news/2014/01/24/onfirmed-raleighs-cherokee-buys-into.html?page=all

        Maryugo starting to have Doubts? ? ? Tell me it ain’t so Joe-
        Now I know why we been having sub-zero temps…

        To be sure, Mary is still spitting bile is his posts but-“I suppose it is remotely possible that Rossi has something but the chance of it is very small based on everything that’s known about the man.”

  • the_solist

    About the investment in Industrial heat:

    I’m not well versed in US securities laws, but the filing appears to be an exempt to offer shares for sale. This means that they have sold shares to external parties for some reason, probably to broaden the investor base. It does not mean that the total investment is 11 to 20 million, it is very likely that it is much higher, maybe in the hundreds of million. Cherokee writes this about new investments on their homepage:

    “Cherokee seeks to place a minimum of $25 million of equity in each investment, with no maximum, and we often enhance these investments by leveraging additional public and private funds to create valuable projects that benefit our investors, partners and the communities in which we work.”

    Also consider that key people from Cherokee has taken the managing positions in Industrial Heat LLC. They wouldn’t do that unless the fund had a significant commitment.

    Any additional investments by current shareholders should not show up in SEC filings unless they offer shares to external investors. They could drop billions into that company and we wouldn’t know about it.

    My guess would about the investments in the company would be this:

    Cherokee and some other investors start Industrial Heat together with Rossi. Cherokee and the other investors fund the company with $5-20 million. Rossi gets a significant share of the company. When third parties confirm that the E-cat works, they invest at least an additional $20 million and seek more investors (SEC filing) for an additional $20 million in order to broaden the investor base. New investments will come from the investor base as the research and product development moves along.

    As an investor there isn’t much point in funding a new company with more money than what is needed to run it for a year, when the money runs out you invest more if you still believe in the company.

  • Buck

    Take a hard look at Cherokee’s partners . . . . The Blackstone Group through their Blackstone Entrepreneurial Network

    As a guess . . . access to money is the least of Rossi/IH’s worries.

  • friendlyprogrammer

    Andrea Rossi “Journal of Nuclear Physics” website is no longer in operation. Forgive if this was noted previously.

    • US_Citizen71

      DDOS attack? or every reporter in the main stream media looking for background info?

      • NCkhawk

        His related blog is working with an interesting comment in response to Frank – he is all business these days:

        http://rossilivecat.com/

    • Sanjeev

      Looks like an account suspended notice page. Too many hits in too short time. This is spreading faster than I thought.

  • miles

    With all the pollution problems in China as well as globally, if this isn’t fixed, generations will suffer long term. It’s great to see this technology emerge from the shadows, hopefully it can over take solar panels / wind farms as the main source of energy. What a great year this will be. 2014 is the year of technological breakthrough. As for BLP -significant statements need to be proven & the 28th of Jan will be a maker or breaker for them.

  • miles

    With all the pollution problems in China as well as globally, if this isn’t fixed, generations will suffer long term. It’s great to see this technology emerge from the shadows, hopefully it can over take solar panels / wind farms as the main source of energy. What a great year this will be. 2014 is the year of technological breakthrough. As for BLP -significant statements need to be proven & the 28th of Jan will be a maker or breaker for them.

  • roseland67

    Well it seems one of my 2014 predictions is already wrong.

    What happens IF we never hear about the Ecat now?

  • Omega Z

    “Journal of Nuclear Physics”

    The website you were trying to reach is temporarily unavailable.
    Please check back soon.

    Possibly an Overload.
    Or Likely Franks question/alerted to the News concerned Rossi that he may be swamped with questions & blocked access until things cool down.

  • Omega Z

    “Journal of Nuclear Physics”

    The website you were trying to reach is temporarily unavailable.
    Please check back soon.

    Possibly an Overload.
    Or Likely Franks question/alerted to the News concerned Rossi that he may be swamped with questions & blocked access until things cool down.

  • guga

    That’s huge!

    Congratulations Frank and the others who brought up Industrial Heat before!

  • Andreas Moraitis

    Congratulations to Rossi. I only hope that the contract he has signed is not disadvantageous for him. There are many examples in history where inventors have been screwed by smart business people and their lawyers.
    The next important step will be production. I recently asked Rossi on his blog if production could start soon after the testing and validation phase was completed, an he answered in his typical manner “It does not depend on me”. Apparently, he has no longer the control about what happens with his invention.
    If we are optimistic and assume that the E-Cat will go sooner or later into production, there is still the question of patent claims. Rossi’s Italian patent seems to have some defects, and there are a lot of other LENR patents around. IndustrialHeat could be late with the new patent applications they have announced.
    The battle is not yet won, we’ll have to keep our fingers crossed.

  • Omega Z

    WOW

    See Comments–http://www.bizjournals.com/triangle/news/2014/01/24/onfirmed-raleighs-cherokee-buys-into.html?page=all

    Maryugo starting to have Doubts? ? ? Tell me it ain’t so Joe-
    Now I know why we been having sub-zero temps…

    To be sure, Mary is still spitting bile is his posts but-“I suppose it is remotely possible that Rossi has something but the chance of it is very small based on everything that’s known about the man.”

  • Charles

    I looked up Industrial Heat in Bloomberg Business News and it gives their address as Suite 300, 111 East Hargett Street, Raleigh, NC. A Google Earth view of 111 East Hargett Street shows a painted-red-brick building with a barber shop next door. Not impressive quarters but probably adequate for a few people in suite 300. Another source says they are located at 6025 Triangle Drive, Raleigh, NC, but I couldn’t track that close enough to locate their building. I note the press release was from Research Triangle so this is a more likely place. Maybe they are in hiding. Any help out there?

    • LENR G

      Many newly formed companies take the address of the legal office that incorporates them or an incubation building that serves as the nominal home of dozens or hundreds of virtual businesses. So this address may be fairly meaningless, especially since IH was trying to remain under the radar until yesterday.

      The real address we need is where IH’s R&D is being done. I would expect a more industrial setting like an existing lab, a warehouse or an old factory, but after watching Sterling’s Brillouin video I guess any old office suite could work just as well. I think they may be trying to hide it because it may be associated with an entity that still remains hidden (like Siemens, for example). Just a guess, but when Cherokee formed Industrial Heat, given their contacts/former business dealings and need for facilities and talented engineers one scenario that makes sense to me is that they went to a company that could house the effort and become a partner in Industrial Heat.

      Seems easier than starting from scratch, building a facility and trying to hire a bunch of people. I suppose starting from scratch has some advantages too though. We’ll just have to wait and see.

    • ecatworld

      I think the 111 E. Hargett Street address is the location for Chrokee’s HQ

      • LENR G

        Yes. See http://www.cherokeefund.com/contact.htm

        So Cherokee created Industrial Heat and gave them thew same “HQ” address. Where IH actually conducts its research is something I’d really like to know. They may just want to keep that hidden so they can work in peace, but possibly also because it’s somewhere “interesting.”

    • LENR G

      Some info on the 6025 Triangle Drive address…
      https://www.google.com/maps/preview/@35.894051,-78.749344,3a,75y,176.51h,81.96t/data=!3m4!1e1!3m2!1sGU2-o-K1TERgjYYLJhyjqg!2e0!6m1!1e1

      A modest office building next to a bunch of larger warehouses or similar facilities. Was or is occupied by Southern Industrial Constructors.
      http://www.southernindustrial.com/services/industrial-constructors/

      Kind of the setup I would expect. A place to do both office work and lab work.

      Southern Industrial builds all sorts of big stuff and would be capable of building a factory of “magnificence.” They look like could supply all the parts needed in an E-Cat and/or construct an E-Cat factory.

      Some preliminary digging finds no connection between Cherokee and Southern Industrial (or EMCOR which owns them) and I can’t find if Southern Industrial still occupies those buildings, though their corporate HQ is definitely nearby on the same road.

      • LENR G

        Any E-Cat World readers near this area that could drive by and take some pics?

        • stmess

          I live around the area. I will take take and find somebody to talk.

          • LENR G

            Did you ever get any info?

      • Iggy Dalrymple

        My hunch is that Industrial Heat is a “front” for another company.

  • Charles

    I looked up Industrial Heat in Bloomberg Business News and it gives their address as Suite 300, 111 East Hargett Street, Raleigh, NC. A Google Earth view of 111 East Hargett Street shows a painted-red-brick building with a barber shop next door. Not impressive quarters but probably adequate for a few people in suite 300. Another source says they are located at 6025 Triangle Drive, Raleigh, NC, but I couldn’t track that close enough to locate their building. I note the press release was from Research Triangle so this is a more likely place. Maybe they are in hiding. Any help out there?

    • Many newly formed companies take the address of the legal office that incorporates them or an incubation building that serves as the nominal home of dozens or hundreds of virtual businesses. So this address may be fairly meaningless, especially since IH was trying to remain under the radar until yesterday.

      The real address we need is where IH’s R&D is being done. I would expect a more industrial setting like an existing lab, a warehouse or an old factory, but after watching Sterling’s Brillouin video I guess any old office suite could work just as well. I think they may be trying to hide it because it may be associated with an entity that still remains hidden (like Siemens, for example). Just a guess, but when Cherokee formed Industrial Heat, given their contacts/former business dealings and need for facilities and talented engineers one scenario that makes sense to me is that they went to a company that could house the effort and become a partner in Industrial Heat.

      Seems easier than starting from scratch, building a facility and trying to hire a bunch of people. I suppose starting from scratch has some advantages too though. We’ll just have to wait and see.

    • Frank Acland

      I think the 111 E. Hargett Street address is the location for Chrokee’s HQ

      • Yes. See http://www.cherokeefund.com/contact.htm

        So Cherokee created Industrial Heat and gave them thew same “HQ” address. Where IH actually conducts its research is something I’d really like to know. They may just want to keep that hidden so they can work in peace, but possibly also because it’s somewhere “interesting.”

    • Some info on the 6025 Triangle Drive address…
      https://www.google.com/maps/preview/@35.894051,-78.749344,3a,75y,176.51h,81.96t/data=!3m4!1e1!3m2!1sGU2-o-K1TERgjYYLJhyjqg!2e0!6m1!1e1

      A modest office building next to a bunch of larger warehouses or similar facilities. Was or is occupied by Southern Industrial Constructors.
      http://www.southernindustrial.com/services/industrial-constructors/

      Kind of the setup I would expect. A place to do both office work and lab work.

      Southern Industrial builds all sorts of big stuff and would be capable of building a factory of “magnificence.” They look like could supply all the parts needed in an E-Cat and/or construct an E-Cat factory.

      Some preliminary digging finds no connection between Cherokee and Southern Industrial (or EMCOR which owns them) and I can’t find if Southern Industrial still occupies those buildings, though their corporate HQ is definitely nearby on the same road.

      • Any E-Cat World readers near this area that could drive by and take some pics?

        • stmess

          I live around the area. I will take a look and find somebody to talk.

          • Did you ever get any info?

          • bachcole

            Make them an offer that they can’t refuse. (:->)

      • Iggy Dalrymple

        My hunch is that Industrial Heat is a “front” for another company.

        • bachcole

          I thought that Industrial Heat was openly a front for Cherokee. But I admit that from the way that Rossi talks the Partner is more of a heavy hitter than what (little) I see of Industrial Heat.

  • Gerard McEk

    Congratulations, Frank, you were right all the time. I hope Andrea Rossi is also happy with this development and that IH is a reliable company, who can keep their backs straight in the hopefully prosperous time to come, for the sake of the world.

  • Gerard McEk

    Congratulations, Frank, you were right all the time. I hope Andrea Rossi is also happy with this development and that IH is a reliable company, who can keep their backs straight in the hopefully prosperous time to come, for the sake of the world.

  • Frechette

    Maryyugo has just gotten egg on his / her face and will be eating crow.

  • Frechette

    Maryyugo has just gotten egg on his / her face and will be eating crow.

  • Andreas Moraitis

    I’ve just noticed that the http://www.ecat.com website is still in operation. They are asking for requests concerning the topics “Buyer/Investment/Reseller/Online Affiliate/Technology Licensing/Third Party Application/Press/Other”. If we assume that they are still an official representative, what could that mean with respect to IndustrialHeat?

  • clovis ray

    171 comments, wow, frank things are indeed heating up, looks like the gang is all here, he,he, great work buddy.

  • stmess

    Wow. I live around this area. I will check it out 🙂

  • Fortyniner

    Elizabeth Darden is listed on LinkedIn as being Operations Coordinator for PGSI since September 2011. Merger/acquisition?

    http://www.linkedin.com/pub/elizabeth-darden/10/782/52a?trk=pub-pbmap

    • Mr. Moho

      Err.. no, I think she’s his daughter.

      • Fortyniner

        Ah – right. Still interesting though.

  • Orchideric

    This is a HUG step towards adaptation!

  • Alex Shenderov

    FYI: Industrial Heat LLC was founded in 2012, Bloomberg lists two principals with no engineering/physics background, no website, no data on capitalization.