Roy Virgilio, a person close to Francesco Piantelli, the Italian physicist at the University of Siena who has long been involved in nickel-hydrogen research has made a statement on the Italian site, www.energeticambiente.it. An edited Google translation of what he wrote is below (with thanks and acknowledgements to Akira Shirakawa on vortex-l)
After a long silence, I bring good news. Yesterday I went to the lab of Piantelli to check the progress of his work. Now I can’t talk about it, but among other things he unlocked the old plan of share ownership.
In fact, fund raising to support prof. Piantelli’s LENR project will start soon. The collection of funds will be managed by an association which will collect invesments of various amounts (such as 100 – 200 – 300 – 500 – 1000 Euros).
These fees will add up until a total amount of 50000 to 100000 Euro is achieved, in order to acquire a share of the Metalenergy company which holds an exclusive European license on generators with ranges from 101 W to 7 kW.
The money will be used directly to fund the laboratory for the development of such generators (already under construction) and will then be rewarded with royalties from the sale of the of said generators (already in development) and will be then rewarded with royalties deriving from the sale of the generators themselves or from the licenses granted over the entire European territory.
As soon as the bureaucratic-organizational aspect will be ready, it will become possible to deposit shares.
I will talk about cold fusion and this particular project on Saturday, June 16th in Viterbo during the “Energiainmovimento” event from 15:30 to 16:30. You can download the program here:
Full speed ahead!
It is clear from this that Piantelli is looking to set up a company that would be in competition to both Andrea Rossi and Defkalion Green Technologies. Mentioned here are generators with power output up to 7 kW. He uses the term generator rather than heater, so it sounds like electrical production is being claimed here. As with Rossi and DGT, no fully independent verification of the claims have been presented by Piantelli’s group, and without that, it might be hard to raise the funds mentioned here.
Perhaps more information will be provided at the meeting this Saturday. For more information on Piantelli’s work, his colleague Valerio Ciampoli presented a review of his work at the recent Atom Unexplored conference in Torino, Italy. Video of the presentation can be seen below.
UPDATE: Thanks very much to Akira Shirakawa for sending some responses Roy Virgilio sent him following some questions about the initial post mentioned above (See next page)
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