Certain ideas are repeated over and over, in spite of obvious correction. One particularly egregious example is what Paul Lamacraft of Woodford allegedly wrote when Industrial Heat gave him a preliminary copy of their press release in March, 2016, at a point where Rossi was claiming to his public that there was no problem with IH. This is commonly misquoted in a way that allows an interpretation that is weak or impossible with the original Lamacraft comment, pursuing a Rossi theme, and this began with Rossi making the claim in court, with that misquotation. This is so bad that a misquotation ends up as “agreed” by the parties. Essentially, a subtle difference can sometimes be overlooked.
It makes perfect sense – They (Peter and Henry) traveled around the US visiting most of the researchers supported by IH. It would be hard to say they could not visit Rossi. Your assertion that Darden used Doral as a showcase is not correct. I think the “showcase” was elsewhere (possibly the work by Cooper and that by Miley).
You keep on discounting all the other work and the visit on the same US trip by the Woodford group to all the other places. Rossi (I think) was the last place the visited on the way back to the UK.
You assume way to much.
You are assuming too much when you say that the showcase was the work of Cooper and Miley. Everyone knows that the most famous name in the LENR world has long been that of Rossi and it was Woodford (or rather McLaughlin, if I remember the name well) to say that Rossi was their core business. So it is far more likely that Darden has focused above all on the Doral plant to attract investment.
As is common on LF, this is all unsourced. There were two visits by Lamacraft to Doral, one in February, at the beginning of the “test,” and before there was any preliminary Penon report, and one in August, after Rossi had rejected the Murray visit and IH was definitely on edge, and shortly to explicitly deny that Doral was the GPT and Penon the ERV.
Oldguy often writes as if he has inside knowledge. I am not aware of evidence on the “Woodford” visits to other researchers or inventors. However, Oldguy might well have some kind of private knowledge — or I have missed the evidence. However, SSC then cited something he “remembers” which is misleading. This has been brought up many times by IH Fanboy, as alleged “truth,” always with misquotation, so here is, once again, the reality:
In reply to J.T. Vaughn, Paul Lamacraft wrote:
This is clearly very disappointing, given that Rossi’s technology was a core element of the initial investment.
Rossi, having obtained this email in Discovery, presents it as evidence to support a claim, but reinterprets it (by adding an “explanation” in brackets — which explanation then, if Lamacraft had actually stated that, would be proving his point. This is an example of what I found in reviewing the Rossi arguments: the manufacture of evidence through creative interpretation. He wrote this:
On March 4, 2016, Woodford Funds explained that “Rossi’s
technology was a core element of the initial [$50 million] investment.”
Was Lamacraft referring to their $50 million? It would be strange, in context. “Explained” is supplied by Annesser; this is actually Lamacraft commiserating with Vaughn, a principal at the company that actually made the “initial investment,” in 2012-2013. It would be odd for Lamacraft to refer to their own investment in IHHI — which didn’t go to Rossi at all — as “the initial investment.” If he meant what Annesser is claiming, he would have referred to “our investment.” That investment was apparently, from the Ampenergo notes, committed in 2014, before the Doral test began — and what was committed was up to $200 million, also covered by the Darden deposition, as I recall. That IH owned a Leonardo license, would be important for reasons I have explained many times. However, Woodford did not invest in “Rossi technology” as such, that’s obvious, they invested in LENR research, so oldguy is essentially correct. Rossi has distorted reality to make him and his technology the center of the LENR universe.
Yes, Woodford would want to see the Doral plant for themselves. However, Rossi’s claim is that Darden and Vaugh touted the Rossi technology in order to induce Woodford to invest. It’s actually not his business, this is all part of a Rossi smokescreen to create some sort of appearance of impropriety, whereas IH did not actually receive any money from Woodford, directly. Woodford invested in IHHI, insulating their investment from all things Rossi. IHHI can decide to pay IH expenses, or can let IH fall into the gutter. It’s a choice. They own it.
Rossi, in his Motion for Partial Summary Judgment, has:
55. In May of 2015, during the course of the GPT, Defendant IH closed on a $50 million investment by non-party Woodford Investment Funds. See Composite Ex. 3 at 170:9-14, 204:25-205:5; 206:6-207:6; IH-00021986 (4/21/2015 IH memo from Darden to P. Lamacraft); IH-00080193
(5/15/2015 email chain between Darden and J. Spear, S. Hartanto, P. Lamacraft, N. Woodford, and S. Saha); IH-00099714 (3/4/2016 email chain between P. Lamacraft and Vaughn); IH-00112920 (11/2/2015 IH Business Development memo), appended hereto as Composite Ex. 34.
56. Woodford Investment Funds later claimed that “Rossi’s technology was a core element of [this] investment.” See IH-00099714 (3/4/2016 email chain between P. Lamacraft and Vaughn), appended hereto as Ex. 35.
It is true, apparently, that the Woodford investment “closed” during the Doral test. But that it was based on the Doral test is quite unlikely, given the timing and known facts. Woodford committed about $200 million in total funding, in 2014, as shown by the Ampenergo notes. The initial payment was to be “$25-50 million.” Lamacraft visited the Doral plant in February, 2015, as the Doral test was just beginning, there would have been no report from Penon. The investment apparently “closed” in May, 2015, i.e., that is when the $50 million shows up in IH Holdings International, Ltd, the company set up, at Woodford request, to receive it.
This quotation in ¶ 56 of the Lamacraft statement is again misrepresented, to make it appear to refer to the $50 million. In the other quotation Rossi counsel did at least have the full quote and only added an interpretation. Here, they eliminate the word “initial,” replacing it with “this].”
In the Joint Pretrial Stipulation, this is listed as agreed fact, though it is incorrect. The brackets have been dropped.
89. In May 2015, IH closed on a $50 million investment by non-party Woodford Investment Funds (“Woodford”). Woodford claimed that “Rossi’s technology was a core element of this investment.”
It is possible that IH attorneys did not notice the shift.
In fact, what Woodford thought is not really relevant to Rossi v. Darden: this was a casual comment in response to the coming IH press release (not any kind of official Woodford statement; it was private email, a personal note).
The context here presents the conclusion that “this investment” — which is not what Lamacraft actually wrote — was the $50 million. If Woodford actually thought that (I cannot consider it impossible, though that is not consistent with continued IH and IHHI behavior after May, 2016), it still has no legal relevance. If IH used the fact of the “Rossi investment” for some kind of gain — in this case to raise money for other research — this would not be unjust enrichment, it would merely be a consequence of their very risky investment.