Who is IPH International BV? (Listed as Applicant in E-Cat Patent Filing) [Update 2: NRG Connection?]

Thanks to Julian Becker, Mr. Moho and others for uncovering something quite surprising in the recent patent application for the E-Cat. I am not sure what this all means, but in the downloadable application data sheet filed along with the recently published E-Cat patent application, there is mention of a new entity.

Here’s an image of the page in question:

iph

You can see that this is the Applicant Information page, and in the ‘organizational name’ field, the name ‘Industrial Heat’ is crossed out, and has been replaced by ‘IPH International BV’. Notice also that the button that is checked to describe the nature of the applicant is, ‘Person who shows sufficient proprietary interest’. The address listed, however, remains 111 East Hargett St, Raleigh, NC — which is Industrial Heat’s address.

A PDF of the whole application data sheet can be be seen here: http://www.e-catworld.com/wp-content/uploads/2014/11/14262740.pdf

On the published patent application, however, Andrea Rossi is listed as the inventor, Industrial Heat, Inc. as the applicant, and Leonardo Corporation as the assignee.

So the question that naturally comes up is who is IPH International BV? A Google search brings up this record on the opencompanies.nl web site for a company with this name. There’s not much detail at all here except that it’s a private limited company and it’s sector is “Lease of non-financial intangible assets”, and the company was formed on April 26, 2013. (Industrial Heat, LLC was incorporated on October 24, 2012 in Delaware)

There has been some discussion about this on the Italian forums Cobraf and 22passi, and one poster on the 22passi makes the comment “The new Applicant, IPH International BV is a Dutch company with a sole proprietor European Generation SARL, Luxemburg, a subsidiary of NRG Energy Inc., Houston, and Princeton.” — but I can’t find anything to substantiate that relationship yet.

What connection IPH International BV has with Andrea Rossi, Industrial Heat, or the E-Cat is not clear to me, but to have them named on the application shows they have some significance. I am sure that there will be plenty of LENR sleuths looking into this, and if there’s anything to be uncovered someone will find it.

UPDATE: I was right about the sleuths! All I needed to do was to read this entire document (I forgot to scroll down): http://www.cobraf.com/forum/immagini/R_123569754_1.pdf

“IPH International BV is a company that is owned by a foreign entity. The tophoudster abroad from IPH International BV: European Generating Sarl, located in L 2124 Luxembourg in Luxembourg” (http://drimble.nl/bedrijf/badhoevedorp/27228703/iph-international-bv.html)

European Generating S.a.r.l. in Luxembourg is listed as a Subsidiary of NRG, the US Utility (http://www.sec.gov/Archives/edgar/data/1013871/000095013703001877/c75611exv21.txt)

From the NRG website:

“NRG is at the forefront of changing how people think about and use energy. Whether as the largest solar power developer in the country or by giving customers the latest tools to better manage their energy use, NRG is a pioneer in developing smarter energy choices.”

“Our diverse power generating facilities have a capacity of about 53,000 megawatts, capable of supporting almost 42 million homes. Our retail electricity providers — Reliant and Energy Plus — and thermal energy division serve nearly 3 million residential, business, commercial and industrial customers in 47 states.”

One very interesting thing about NRG is they are actively developing domestic electricity production technology. They have been working with Dean Kamen on the Beacon 10 device that produces electricity using natural gas for a heat source to run a Stirling engine that produces electricity for the home. A good article about that is here:

http://www.forbes.com/sites/christopherhelman/2014/07/02/dean-kamen-thinks-his-new-stirling-engine-could-power-the-world/

It all sounds quite promising — I wonder if we are missing something, if there might be something wrong with this deduction.

UPDATE 2: Buck has discovered that the current list of NRG Subsidiaries does not include European Generating S.a.r.l (see here). The document cited above was from 2003 — so that leads me to question the NRG connection

 

 

  • GreenWin

    Chain of ownership does not remove NRG from holding an option on EG. It is well-parked.

  • NT

    Dean Kamen (Deka Research) was visited by Bill Gates on Feb 25, 2013. This link may have been posted by someone else, so I apologies if so. Almost to much information and connections to digest for this old brain, but all very interesting, for sure…
    http://www.gatesnotes.com/About-Bill-Gates/A-Day-at-DEKA-Research-with-Dean-Kamen

  • ivanc

    This comment is probably off subject, but thinking about the inverted clamps and the reading of Input power of the ecat there is one possibility no one has mentioned:
    The clamps were ok, the reading were ok, until some how. remote control? the phases changes in the controller itself, some electronics……and is done.
    I have posted a couple of tables. that workout the full picture using data from the joule heating.
    I hope soon the professors publish an updated report showing voltages, as all the voltage, power ,current, resistors are related by know laws, is possible to work out the full picture if even only one lecture of voltage is given for each power setting.

  • psi2u2

    Frank, to me the “not currently listed” fact is the odd man out in this scenario. Everything else lines up, and the entity in question or one with the exact name, if I am following the argument correctly, is listed previously as an NRG affiliate. This seems unlikely to be a random coincidence, and suggests to me rather that in the interim NRG and IPH International had renegotiated the legal status of their affiliation such that NRG no longer publicly lists IPH as an affiliate, even if it it still is. That’s how I would think they would play the shell game for control.

    • GreenWin

      This seems more than likely psi2u2. While the Deka/IH connection is not publicly confirmed, Kamen and Rossi are cut from the same cloth. And so it would appear is David Crane (NRG.) A great team in my mind. 🙂

      • psi2u2

        Frank is correct to emphasize caution and the absence of definitive evidence for a link, but eventually it may well turn out that there is one, for the reasons you suggest.

  • Ophelia Rump

    I will put mine next to my Orbo.

  • US_Citizen71

    My best guess at the moment is the IP is being licensed to IPH and then IPH is distributing that license through European Generating S.a.r.l. this could be for inclusion in other devices or just production of pieces and parts to be used by IH. In my opinion it is all part of a shell game to develop the tech while keeping a lid on what is being done exactly and who is involved.

  • Buck

    AnonyMoose,

    The most recent 10-k, dated 2/28/2014, shows that NRG Energy STILL has a subsidiary by the name of NRG International II, Inc.

    Link>> http://www.sec.gov/Archives/edgar/data/1013871/000101387114000003/exhibit21110k2013.htm

    I think it especially interesting that there is a mothballed 1,760 MW power station as of 2003. It doesn’t take too much imagination to suggest that this could be a pending EU customer for the Hot-Cat . . . once it is made operational after this year’s pilot plant engineering project is “accepted” by the customer.

    This really changes the story line on bringing NRG, IH, and Rossi together.

  • deleo77

    My 2 cents is that I don’t think that the e-cat and the stirling are connected. David Crane is seen to be the most progressive CEO of a U.S. utility company. Below is another Forbes article that has a profile of him. Randall Mills has mentioned BLP’s relationship with NRG in the past.

    From the article below my takeaway is that NRG wants to take on Solarcity by not only selling solar panels, but also cross-selling them with other electric generating devices. We know that one of those devices that NRG is betting on is Dean Kamen’s Stirling. It would not surprise me if NRG is also putting bets on the e-cat and the SunCell. I think this is their way of picking a few horses in the race. Perhaps one of them wins, or a couple of them do, but NRG just wants to make sure it has ties to all of the potential devices that may be generating power in our basements and garages a few years from now.

    http://www.forbes.com/sites/christopherhelman/2014/07/02/david-cranes-green-vision-for-carbon-belching-nrg-energy/

  • georgehants

    Mr. Rossi is showing himself to be a man of exceptional qualities way beyond the abilities of most scientists.
    ——–
    Andrea Rossi
    November 9th, 2014 at 7:44 AM
    Andreas Moraitis:
    The reason why Husserl’s importance for the approach to any scientific
    issue ( remember he was originally a physicist and a mathematician) is
    not reknown is due to the extreme difficulty of his texts. To read
    Husserl is one of the most difficult tasks you can imagine under the
    intellectual point of view, also because his German language is very
    difficult to translate, and usually translations lose part of the
    meaning he wants to carry with his words. I had to take lessons of
    German language with a specialist, to study in German the “Ideen zur
    einer reinen phaenomenologie und phaenomenologischen philosophie” ( I
    improperly wrote ‘phaenomenologie’ because I have not the dieresis to
    put on the ‘a’) and only reading in German I could understand what he
    wrote. Also in this case, even if in the exam of Filosofia Teoretica I
    gave on it Prof. Enzo Paci granted me a 30/30 cum laude, I was and am
    convinced that I have got only a fraction of it. It is immense but very
    difficult; you have to stay hours on every page, otherwise its content
    flows on the surface of your brain like water on granite.
    P.S.
    The translation in Italian of the “Ideen” has been made by Prof Enzo
    Paci: when during the exam I told him that to understand Enzo Paci I had
    to read Edmund Husserl he laughed as crazy.
    Warm Regards,
    A.R.

    • GreenWin

      George, what emerges is a picture of tenacity in the face of walls of opposition. Seemingly insurmountable walls. What this suggests is a contemporary model to invoke one’s higher powers both physical AND metaphysical. In the case of groundbreaking art (parent to “science”) creators are more than tenacious – they are often stubborn, irascible, difficult, even self-destructive. But they are driven, like Roy Neary in “Close Encounters” to find answers, follow their “star” and fulfill their vision. Having a strong philosophy of life is fundamental to this adventure.

      • psi2u2

        Very well said.

    • psi2u2

      What an amusing and pleasantly revealing anecdote. Rossi’s PhD was in phenomenology, a very smart branch of philosophy, it seems to me, for inventors. So ya, Rossi probably knows more about Husserl than all but a few specialists. One has always had the impression of Rossi as a man with a strong sense of humor, and self-aware irony, and those qualities are very present in the story. Thanks, George.

  • Andre Blum

    I used the paid service of the chambers of commerce to see if there is more info.

    There isn’t, really.

    Sole shareholder of IPH international BV is IPH Management LLC, 2140 South Dupont Highway, 19934 Camden, Delaware, USA.

    Management is IPH Management LLC, and First Names (Netherlands) B.V., Keplerstraat 34, Badhoevedorp. I guess this is the firm offering these financial offshore services to foreign IP owners.

    No persons on payroll.

    Activities: SBI-code: 7740 – Lease van niet-financiële immateriële activa

    Het verkrijgen, bezitten, overdragen, exploiteren en in licentie geven en verkrijgen van patenten, handelsmerken, auteursrechten, know-how en andere rechten van intellectuele eigendom.

    (get, own, transfer, exploit and license patents, trademarks, copyrights, know-how and other rights of intellectual property).

    placed capital: EUR 2.500

    • Fortyniner

      The address, 2140 South Dupont Highway, 19934 Camden, Delaware, appears to be another accommodation address shared with a large number of other companies, so ‘IPH Management’ seems to be yet another ‘virtual company’ in Cherokee’s paper empire.

      • ecatworld

        “These are some very good reasons to incorporate in Delaware:

        Different kinds of business can be transacted under one corporate roof.

        Shareholders can act in writing instead of holding meetings.

        You can add people to the board who are not shareholders.

        Corporate records need not be kept in Delaware.

        One person can act as the only officer, director and shareholder of a corporation.

        No Delaware income tax is charged to companies that do not do business in Delaware.

        Delaware has no sales or personal property tax.”

        From https://www.delawareintercorp.com/t-WhyIncorporateinDelaware.aspx

        Low franchise tax, $175.00 in many cases. $300.00 for L.L.C.’s

    • ecatworld

      Thanks, Andre. IPH Management LLC was incorporated in Delaware on April 15, 2013 — 11 days before IPH International BV was registered in the Netherlands.

    • ecatworld

      Andre,

      You mention above that IPH Management is the sole shareholder of IPH International.

      What you think the connection between IPH International and European Generating SARL might be from this link (in Dutch)

      http://drimble.nl/bedrijf/badhoevedorp/27228703/iph-international-bv.html

      Many thanks!

  • Gerard McEk

    The cooperation with NRG and the developer of the sterling engine is quite exiting!

  • Ophelia Rump

    I suspect this may not be the one we want.

    http://www.topofholland.nl/iph-bv

    IPH BV

    International Publishing House is een multimediale organisatie en verzorgt o.a. de uitgaven van de unieke edities van The Top of Holland.

    IPH BV is gevestigd in het Business Centre Slochteren.

    International Publishing House BV
    Hoofdweg 16
    9621 AL Slochteren

    E-mail:[email protected]:+31 (0) 85 27 31 925Web:http://www.iph.nu

  • Andre Blum

    Holland (and Luxembourg) are a tax heaven to anyone but the dutch themselves. For Holland I have understood this is especially true for intellectual property and music rights. I have no doubt that this is the reason for having the IP in the dutch BV (besloten vennootschap = Inc). the rolling stones and many others have their rights in a dutch BV, too.

    • pelgrim108

      I second that, and on google you find maybe 100 companies on that same adress.
      https://www.google.nl/?gws_rd=ssl#q=Keplerstraat+34+1171+CD

    • Gerard McEk

      I agree, this looks like a costruction to secure IP and avoid tax. This construction for international companies is much in discussion now in the EU and was recently in the news.

  • pelgrim108

    IPH International BV :
    Telephonenumber 020 3055700 —– Founded: april 26 2013 —– Chamber of commerce number (KVK nummer) 57824053 —- Sector: Lease of non-financial immaterial activa
    http://www.opencompanies.nl/dienstverlening-iph-international-bv-badhoevedorp-57824053

  • LuFong

    Looks like IPH International BV has the same address as a legal firm (http://www.wvant.com/wvt.php). And it’s owner European Generating Sarl is a company that specializes in Offices Of Bank Holding Companies (http://www.salespider.com/country/lu/bw-21014435/european-generating-sarl). Offices of Bank Holding Companies hold or own securities of banks.

    Not sure how this relates to Rossi’s patent but it looks like more related to stock ownership by investors than technology. I’m not sure of the NRG connection at all at this point but it sure would have been nice.

    • pelgrim108

      There are probably more then 100 companies with the same adress as IPH. Just do a google search with the adress.

      • Fortyniner

        Google maps shows a small office block in a leafy suburb, used by a Dutch solicitor (Mr F L Weidema). Presumably an accommodation address for numerous paper companies.

        • pelgrim108

          Thats an interesting comment. I am a total ignoramus on business matters. Maybe post this comment again on the top of the comment section where it has more eyes lookin at it.

          • Fortyniner

            Me too – I’m just pulling together a few loose ends. But whoever the actual players are, they mostly seem to be hiding behind various new paper companies. Reasons for this might include secrecy and distancing of prime movers (both their identities and their associations/partnerships), probably in order to gain time for divestment and acquisition. There also seems to be a strategic element – footholds intended for future use in their game plan.

            I imagine that when the full investment structure behind Rossi’s cold fusion devices becomes known, there will be turmoil in the stock markets!

            • GreenWin

              Pogens = picks and shovels? BTW, NRG just got a bump to “buy” by analysts on The Street. Let’s trust our investment angels are on top of this.

    • Fortyniner

      I’m getting a 404 for your first link.

  • US_Citizen71

    Maybe the hot-cat is intended for Beacon 10’s and above so it remains industrial and the low temp Ecat is meant for the home market. If the units used in the 1MW plant are the same as the ones planned for use in home units a years worth of data from an industrial plant would go a long way towards safety certification. Interesting times indeed.

  • builditnow

    This could be the attorney who signed the patent application:
    “Mr. Nifong has represented many international companies, universities, and startups in the Raleigh area, Southeast, and abroad.”
    http://www.nkpatentlaw.com/professionals/justin-r-nifong/
    http://www.linkedin.com/pub/justin-nifong/5/499/7b9

    Those with a paid linkedin account may be able to gather some more information.

    Google search with “Justin R Nifong” heat, click on the link below, gives an interesting list, seems that Mr. Nifong specializes in patents / intellectual property involving heat.

    https://www.google.com/?gws_rd=ssl#q=%22justin%20r%20nifong%22%20heat&start=10

  • GreenWin

    As our old friend, Mack Rebenack – Dr. John says in “Such A Night!” —
    My heart just skip a little beat…

  • US_Citizen71

    My bet is this is part of a money trail leading back to Elforsk or one or more of its members.

    • Buck

      US Citizen,

      A question . . . why doesn’t European Generating Sarl show in the NRG Subsidiary listing as of 2/28/2014? Yet, it shows for 3/31/2003?

      SEC 10-K Exhibit 21 dated 2/28/2014
      http://www.sec.gov/Archives/edgar/data/1013871/000101387114000003/exhibit21110k2013.htm

      Hopefully, there is an easy answer.

      • ecatworld

        Good catch, Buck.

      • ecatworld
        • Buck

          Frank,

          delete the text file name out of the address, hit enter, and you get: http://www.sec.gov/Archives/edgar/data/1013871/000095013703001877/

          Then look for the date associated with the text file “c75611exv21.txt”

          And you get: 31-Mar-2003 12:47

          • ecatworld

            Thanks, Buck. Yes, this is an old file, and the 2014 list you cite makes me wonder about the NRG connection now.

            • Buck

              As a guess, it would take a securities lawyer, familiar with corporate machinations, to explain.

              At this point, the association is there and it might now be hidden underneath some other entity within NRG.

              • GreenWin

                Looks like a low profile is required. However I have long speculated on this development. Particularly due to the Deka/NRG micro-CHP project. All good.

                • Buck

                  GW,

                  I’m with you. And, I don’t have the skills and knowledge to ferret out the details.

                  To me, it is the coincidence of wants driving the assumption that these players have come together.

                • GreenWin

                  Toss in Kockums for Tier 1 marine Cats, and Battelle for global distribution and implementation… we’ve got a show.

                • Buck

                  I’ve got my popcorn . . . have you got yours yet?

              • bitplayer

                Yeah, what Buck said: “the association is there”…

                • Buck

                  Bitplayer,

                  I think your reasoning helps to support the assumption that these players are working together. They all have a similar strategic vision and would benefit by coming together.

                  Let us hope that there are others with the skills to ferret out the additional details.

                • Ophelia Rump

                  It’s OK if they did not make the connections, we will make them for them.

            • Buck

              The following may reaffirm & strengthen your thoughts about a NRG-IH/Rossi relationship. The important PUC document was found by another anonymous guest . . . I don’t think they want to be known and they have intimate knowledge of just where to look.

              In the following document, go to paragraph 18a on Pg 9 of the PDF. You will find that NRG International II, Inc owns 50% of European Generating s.a.r.l.. The scanned document is meant to have originated in 2002. If you read the PDF properties, you will see that it was scanned on 7/10/2003.
              Link>> http://interchange.puc.state.tx.us/WebApp/Interchange/Documents/20366_631_400072.PDF

              If you review the NRG Energy 10-k, dated 2/28/2014, you will find that NRG still has the subsidiary named NRG International II, Inc. (As an aside, a quick scan and comparison of the 2002/3 PUC document with the recent 10-k will show that NRG still has many of the other named subsidiaries.)
              Link>> http://www.sec.gov/Archives/edgar/data/1013871/000101387114000003/exhibit21110k2013.htm

              IMO, this reaffirms and strengthens the NRG-IH/Rossi connection.

              I think it especially interesting that there is a mothballed 1,760 MW
              power station as of 2002/3 mentioned in the PUC document. It doesn’t take too much imagination to suggest that this could be a pending EU customer for the E-Cat . . . once it is made operational after this year’s pilot plant engineering project is “accepted” by the customer.

              This really changes the story line on bringing NRG, IH, and Rossi together.

              For me, there are still a critical series of questions: does this open the
              door to NRG entering the EU market if the USPTO declines the current
              patent application? Maybe in collaboration with Elforsk’s constituents?
              Will the USA honor in a court of law an EU patent against those who
              would choose to infringe upon IH/Rossi’s E-Cat despite the USPTO
              hypothetical rejection?

      • Sanjeev

        This document,
        http://interchange.puc.state.tx.us/WebApp/Interchange/Documents/20366_631_400072.PDF

        Says …”NRG lnternational 11 Inc. which is owned 100 percent by NRG, owns 50 percent of European Generating S.a.r.l., which owns 100 percent of Rybnik Power B.V., a FUCO which was formed as a holding company for a 1,760 megawatt power station in Poland which is currently inactive.”

        But this doc is also dated 2003.
        The connection with NRG is not 100% confirmed. Buying and selling of companies happens everyday.

        • Buck

          Sanjeev,

          It is one heck of a coincidence that NRG, Darden/IH, and Rossi get joined through an NRG subsidiary from 2003. As I said above, they all have a similar strategic vision and benefit by coming together. To me, it is this coincidence of wants driving the assumption that these players have come together.

          I’m sure another with the sleuthing skills and knowledge will eventually determine the truth.

          • MasterBlaster7

            I also want to point out that Rossi was looking for a sterling engine manufacturer some months ago. I haven’t heard anything about it in some months now. Did he find it with Dean Kamen and NRG?

        • Buck

          Sanjeev,

          The most recent 10-k, dated 2/28/2014, shows that NRG Energy STILL has a subsidiary by the name of NRG International II, Inc.

          Link>> http://www.sec.gov/Archives/edgar/data/1013871/000101387114000003/exhibit21110k2013.htm

          I think it especially interesting that there is a mothballed 1,760 MW power station as of 2003. It doesn’t take too much imagination to suggest that this could be a pending EU customer for the Hot-Cat . . . once it is made operational after this year’s pilot plant engineering project is “accepted” by the customer.

          This really changes the story line on bringing NRG, IH, and Rossi together.

          • Sanjeev

            NRG International II Inc.is the subsidiary, but I can’t find any connection to European Generating sarl with it. It looks like a paper only entity.
            Anyway the comment by Falkins (and a new blog post) shows that even if there is a connection it is well hidden.

  • LuFong

    Note that the Ferrara test was announced as completed April 24, 2013. Date of first sale by Industrial Heat, LLC of stock options etc was April 24, 2013. This company was formed April 26, 2013. Coincidence? Looks like IPH International BV might be an investor in Industrial Heat, LLC (which is now listed as Inc but there is no record of Industrial Heat, Inc in Delaware last time I checked).

  • US_Citizen71

    The comment on the Cobraf forum is likely due to this web page: http://drimble.nl/bedrijf/badhoevedorp/27228703/iph-international-bv.html

    • ecatworld

      Thanks USC:

      “IPH International BV is a company that is owned by a foreign entity. The tophoudster abroad from IPH International BV: European Generating Sarl, located in L 2124 Luxembourg in Luxembourg.”

      • US_Citizen71

        ‘EUROPEAN GENERATING SARL in LUXEMBOURG is a company that specializes in Offices Of Bank Holding Companies. Our records show it was established in Luxembourg.’ http://www.salespider.com/country/lu/bw-21014435/european-generating-sarl

        • Ophelia Rump

          A SARL is a company whose liability is limited to the contributions of its members. Shares are not freely transferable; transfers require the agreement of half the shareholders if the beneficiary is a third party (since Ord. 2 mars 2004). If the beneficiary is a partner, a spouse, an ascendant or a descendant, the transfers are free. A SARL is broadly equivalent to a private company limited by shares in the United Kingdom, and a Limited liability company in the United States.

          • GreenWin

            Just about a half step away from Deka Research and Dean Kamen’s partnership with… NRG. Great work by Team Rossi – again. This is gonna make one helluva movie!

            • Ophelia Rump

              Will we get to see Rossi rolling through a plant on one of those two wheel things? Oh I hope so!

      • Sanjeev

        I think you can include the link to pdf showing a connection to NRG in the blog post. Thanks to people who dug it out.
        http://www.cobraf.com/forum/immagini/R_123569754_1.pdf

        Unless there is some wrong info here, it is clear that NRG is now going ahead with ECat. This can be a mother of social evidence for the ECat. More digging needed……

        • ecatworld

          Thanks very much Sanjeev. All I needed to do was scroll down!
          So we have a documented connection between NRG and IPH Internationa (via European Generating Sarl)

          So what is the relationship between IPH and IH, I wonder?

          • Ophelia Rump

            A name more reflective of power generation than heat?

            • psi2u2

              How shrewd.

          • Sanjeev

            Well, IPH replaces IH…. at least as an applicant. So there can be some IP transfer or partnership between IH, Rossi and NRG. There can be licensing of Ecat tech for EU.

            I’m not very familiar with corporate mumbo jumbo, I believe you guys will dig it out soon. 🙂
            I feel very happy today.

  • Ophelia Rump

    P as in Power?
    Shocking, you can almost feel the electricity in the air.

    BV sounds like the Netherlands.

    • GreenWin

      Almost? There’s so much juice around, the lights are gonna go out on Broadway. Such a night! 🙂

      • Ophelia Rump

        Honestly they are so big it worries me.

        • US_Citizen71

          NRG does have a track record of green power and owns plenty of other companies that would help bring Rossi’s tech to the world quickly. That is a major plus. We just have to hope that they are not to greedy.

          • Ophelia Rump

            They can be both if they get in first and seize the global market.
            And they can do it without destroying anyone else. It is a big world with room for lots of licensees. It is far better to own the prestige portion of the world, than all of some tiny fraction.

          • Ophelia Rump

            I believe that there is redemption in this for a lot of people who have had to do things they did not completely like because it was the way of the world to do so.

            • US_Citizen71

              True.

              I just read the Forbes article above the Beacon meets the sterling requirement Rossi had doesn’t it? Wouldn’t it just be crazy if that is what led to the hook up with NRG?

            • psi2u2

              Exactly.