Well, by now you’re probably aware of the impasse between Rossi and Defkalion.
Basically, Rossi has terminated the contract with Defkalion due to the inability by Defkalion to meet their contractual obligation with Rossi.
It’s a curious statement as there was not to any payments made to Rossi until after the 1MW plant in Xanthi was accepted by Defkalion.
Accordingly, Alexandros Xanthoulis who is the president of Defkalion insists the program is still a “go”
“We believe we have a project. We continue the project. We still have a lot of trust in Mr Rossi. We believe in the technology. But as you understand we are receiving a lot of pressure, also Rossi is receiving a lot of pressure internationally. And we believe that Rossi is more vulnerable than us to pressure. This will be fixed I believe.”
In addition to the above, a statement issued by Prof Christos Stremmenos indicates that the breach occurred of a ‘purely financial origin”.
You can imagine that the situation has fueled more of the skeptics who believe this whole thing is a hoax. With the assertion that Rossi is right on script with the inability of showing the long promised 1 MW plant in Greece.
But according to a post today in Rossi’s journal-of-nuclear-physics.com, he assures us that there will be a plant in the good old USA by October.
“There are enlightened big Companies which are backing us. In October we will start up the 1 MW plant in the USA, you bet.”
Here’s a copy of the press announcement-
Andrea Rossi
August 7th, 2011 at 7:52 AM
Dear Marcia Pires:
Thank you for your question, and here is the
PRESS RELEASE :
Bologna-Rome (Italy) August 4th 2011
EFA- Energia da Fonti Alternative srl, the Italian Company through which the rights for the production of Andrea Rossi’s E-Cat were granted to Praxen Defkalion Green Technologies LTD, publicly announces that the License and Technology Transfer Agreement between the two companies has been recently terminated. All business relationships with Praxen , the Cyprus based company that owns the Greek company Defkalion Green Technologies S.A., have been cancelled and as of today neither Praxen nor Defkalion, nor any other Greek company whatsoever holds any rights for the production of the E-Cat or for any other exploitation of Andrea Rossi’s technology.
Furthermore Andrea Rossi and EFA announce that no information, nor industrial secret, nor any technology whatsoever has been neither transferred, nor disclosed, neither to Praxen, nor to Defkalion, nor to any other Greek company whatsoever and currently Andrea Rossi and EFA are not planning to deal with any other project in Greece.
Not one single test, of the many demonstrations of the E-Cat technology held around the world, has ever been done in Greece; and no E-Cat has ever been brought, produced, or assembled in the territory of the Ellenic Republic: so not only the technology is still fully owned by Andrea Rossi’s company, Leonardo Corporation, but it still remains a well preserved industrial secret.
Any declaration or public announcement of third parties claiming possession of rights on the E-Cat technology and/or inside knowledge of said technology, as well as any statement of third parties in conflict with the above facts shall be considered a fake and treated as misleading information.
Andrea Rossi is the inventor of the "Method and Apparatus for carrying out Nickel and Hydrogen Exothermal reactions" (known to the general public as E-Cat) for which international patent demand no. WO2009/125444 is pending and Italian Patent office has already been issued on April 6th, 2011 the final patent no. 0001387256.
EFA Energia da Fonti Alternative s.r.l. is incorporated in Italy.
Leonardo Corporation is incorporated in New Hampshire, USA.
Contact: EFA srl- Via Marsili 4- 40124 Bologna- Italy
August 7th, 2011 at 7:52 AM
Dear Marcia Pires:
Thank you for your question, and here is the
PRESS RELEASE :
Bologna-Rome (Italy) August 4th 2011
EFA- Energia da Fonti Alternative srl, the Italian Company through which the rights for the production of Andrea Rossi’s E-Cat were granted to Praxen Defkalion Green Technologies LTD, publicly announces that the License and Technology Transfer Agreement between the two companies has been recently terminated. All business relationships with Praxen , the Cyprus based company that owns the Greek company Defkalion Green Technologies S.A., have been cancelled and as of today neither Praxen nor Defkalion, nor any other Greek company whatsoever holds any rights for the production of the E-Cat or for any other exploitation of Andrea Rossi’s technology.
Furthermore Andrea Rossi and EFA announce that no information, nor industrial secret, nor any technology whatsoever has been neither transferred, nor disclosed, neither to Praxen, nor to Defkalion, nor to any other Greek company whatsoever and currently Andrea Rossi and EFA are not planning to deal with any other project in Greece.
Not one single test, of the many demonstrations of the E-Cat technology held around the world, has ever been done in Greece; and no E-Cat has ever been brought, produced, or assembled in the territory of the Ellenic Republic: so not only the technology is still fully owned by Andrea Rossi’s company, Leonardo Corporation, but it still remains a well preserved industrial secret.
Any declaration or public announcement of third parties claiming possession of rights on the E-Cat technology and/or inside knowledge of said technology, as well as any statement of third parties in conflict with the above facts shall be considered a fake and treated as misleading information.
Andrea Rossi is the inventor of the "Method and Apparatus for carrying out Nickel and Hydrogen Exothermal reactions" (known to the general public as E-Cat) for which international patent demand no. WO2009/125444 is pending and Italian Patent office has already been issued on April 6th, 2011 the final patent no. 0001387256.
EFA Energia da Fonti Alternative s.r.l. is incorporated in Italy.
Leonardo Corporation is incorporated in New Hampshire, USA.
Contact: EFA srl- Via Marsili 4- 40124 Bologna- Italy
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