Rossi: Industrial Heat Offers to Sell Back License to Leonardo Corp.

Today on the Journal of Nuclear Physics Andrea Rossi made this statement:

Andrea Rossi
June 23, 2016 at 5:05 PM
Ruby Shale:
As usually, the guys of Industrial Heat are ready to sell what they do not own: now they are offering us to buy back our license, the license that they do not have anymore ( see the press release made few weeks ago from our Attorney John Annesser). I wonder if they will try to sell the Colosseum of Rome as well.
IH has no more any license related to out IP and whomever is interested to us in North America, Central America, South America, Russia, China, Saudi Arabia and Emirates must contact exclusively:
http://www.leonardocorporation.com
[email protected]
I have received other comments asking me what I think of the proposal made today by IH and this comments answers to all the others. I will not comment further issues to be discussed in Court.
Warm Regards,
A.R.

So apparently Industrial Heat has contacted Rossi’s camp and said they are willing to sell back the license that Rossi granted them in the original agreement. We don’t know what they are asking, but I would assume it would be for at least the $11.5 million they have already paid Rossi. If IH is willing to sell back the license, it could signal that they are ready to move on from the E-Cat. However it does not sound from this like Rossi is interested in paying for the license, as from his perspective it is now void.

And Rossi now declares Leonardo is open to do business in all the world, including those parts of the world which were in the IH territory. I do wonder, however, how willing people will be to enter into business agreements with Leonardo Corp while the legal action is underway. Perhaps Leonardo paying for a clean break from IH would be worth it in the long run if that would mean all legal disputations would be over, and Leonardo would be able to operate without the cloud of the lawsuit hanging over them.

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