Thanks to LENR Calender, I noticed this question on JONP:
April 15, 2017 at 1:23 PM
Dear Dr Andrea Rossi:
In a blog has been published that the firm USQL, of Engineer Fulvio Fabiani, belongs to the same trust that owns Leonardo Corporation (Florida Energy Trust): is it true?
April 15, 2017 at 2:05 PM
It is totally false that the company USQL belongs, directly or indirectly, to any trust that owns any quote of Leonardo Corporation. If any blog has published this information, it must be clear that:
1- this information is false , therefore who published it is a fraudolent bloggist, probably paid to make a so blatant falsification. Should he, or she, be a journalist, for such a falsification this fraudster would have been fired.
2- this information gives the measure of the low level of the puppets
3- the ownership of USQL has been published in the deposition sworn by Eng. Fabiani, that has been disclosed in the pacemaker of the Court. The ownership of USQL is also very easy to verify in the published documents and in the public register of the USA companies:also such document has been published in Court.
Clearly our foes, not having true arguments to make their case better, are now recurring to false statements.
In many court documents, I’ve seen recently, Rossi makes statements that other statements are false (“disputed”) when the reality is that the statements are true, as stated, but Rossi restates them to make them arguably false. There is — or was — a relationship between Florida Energy Trust and both USQL and Leonardo Corporation (Florida). In a deposition, Rossi is unclear about who owns Florida Energy Trust, but he thinks he is the sole beneficiary. The owner of Leonardo Corporation (Florida) is Florida Energy Trust, to be sure.
That is, the ownership of LC (FL) is different from LC (NH) which was owned entirely by Rossi. This then creates some problems, because LC NH was party to the Agreement, the First Amendment, and then the proposed and failed Second Amendment, and Leonardo FL, which existed from 2010 on, i.e., at the same time as LC NH was signing with Industrial Heat, has separate ownership (even if Rossi is the beneficiary). Rossi claims that NH merged into FL, but … when is unclear.
Rossi’s response to the IH Motion for Summary Judgment is completely inadequate on this. No evidence is shown of the merger. There is other evidence to review, to be sure, but …. what do I immediately find now?
First of all, Florida Energy Trust (FET) was reported as 100% owner of Leonardo Corporation for 2012. What Leonardo Corporation? The EIN is 90- 0780933. The address of the corporation is c/o Andrea Rossi, 1331 Lincoln Road, Unit 601, Miami Beach FL 33139. We know there was a $1.5 million payment to LC (NH, from the Agreement) in 2012. This is greater than the entire income of the Leonardo reporting. The return is signed by Travis, the New Hampshire accountant.
The 2013 LC return shows the same EIN, address, and FET ownership. We know there was a payment of $10 million to LC (NH?) in 2013. This is, again, much more than the entire income reported for this Leonardo. (The original return apparently claimed about $3 million in income. The amendment reduces this to less than $1 million.) There is also a deduction for “Florida taxes.” This is not conclusive but indicates a Florida corporation.
I conclude that this return is for Leonardo Florida, in spite of the accountant being in New Hampshire, and that the IH payments went into Leonardo NH. Rossi simply continued to use the same accountant for 2012. These returns do not cover the IH payments, but Rossi claims a merger, which would merge all the income and expenses as well. If so, the merger happened after 2013. It is possible there is evidence re the merger somewhere in the mountain of documents recently filed.
Then, from that 2013 return, LC Florida loaned $35,000 to USQL. It also shows an “investment” in a MW Plant of $1,248,617. Given that Rossi sold a 1 MW plant to IH in 2013, and was not known to have another, this is very odd. In any case, the $11.5 million paid as directed by Rossi did not go to LC FL, but likely to LC NH.
Now, USQL. This is their 2013 incorporation document. It shows the Registered Agent as Johnson. Yes, the same Johnson. Two Managing Members are shown: Fabio Fabiani and Florida Energy Trust. I understand that his is unusual for a managing member of an LLC to be an organization.
The office of USQL is the Rossi address above (including Unit 601)
2016, however, FET is dropped, same in 2017. The 2016 report was filed February 23, 2016, and the address was changed to Unit 401. The 2017 report was filed about a week ago, still with the same address, Unit 401, though Fabiani is known to now be living in Russia. Johnson is still the registered agent.
Now, what Rossi wrote. It’s more or less correct, as to the present state, perhaps, but it is the “less correct” that is something so common with Rossi. From his vehement denial one would think that there was no connection between FET and USQL. However, there was a connection. It was dropped at about the time of the end of the GPT.
What happened to the $35,000 that LC (FL) loaned to USQL? The Leonardo tax returns we have — which may not be all the “Leonardo” returns — contain numerous red flags that I’d expect an IRS auditor to be interested in, and this question about USQL is of some small interest.
Not a large interest. Why Rossi didn’t just say the truth could remain a mystery, except that deceptive claims that are in some way true seem to be SOP for him. A simple response would have been “At one time, FET was a manager of USQL, along with Fabio. That was dropped in March, 2016.”
However, around this time, Fabiani’s equipment — his computer and electronics — was thrown outside at the Plant, Fabiani retrieved it from the trash. He writes to Murray, shortly, that Rossi thinks he is a spy. He’s lost his job. When Rossi filed the lawsuit, I think he saw the train coming down the track, and got out of town, even though he is still using the condo as address (apparently, it’s owned by Rossi). He is more or less screwed, but I hope that he saved enough to see him through.
Fabiani was a friend of Rossi’s wife. That’s how he got involved. He seems to have remained loyal to Rossi, and it is not clear whether or not he knew about the frauds. I think his Lewan interview that I previously reported on was sincere.
Rossi is paranoid, hair-trigger reactive. Someone on a blog mentions an obsolete fact — I had seen this and may even have repeated it, though I was not the source — and he starts frothing at the mouth.