Dale;
I wanted to respond on behalf of the Bulidecat Team to your post on financing the team project.
#1 and #2 are related issues. First, our working agreement and our discussions leading up to it centered on the LEarNeR Kit. If your team was working on a project different then this before our Joint Venture we did not appreciate the scope of such a project. Second, to the extent Deighta Team’s project involves a prototype commercial LENR device, that is incompatible with the LEarNeR Kit which by definition will not be a commercial LENR reactor but a teaching tool to permit experimentation in the LENR science. Any design of the reactor core which involves a sophisticated proprietary design for a working LENR reactor would be a very bad idea for the LEarNeR Kit. This kind of proprietary design should not be sold to would be experimenters in LENR but used to develop a commercial product. Thus a conflict of interest associated with the development of your project and the LEarNeR Kit may be manifesting itself at this time.
As an example, I am not sure what the “Auto Cad “concept 2” multi chamber test reactor” is supposed to be. If it is the core for the LEarNeR Kit, it is far too sophisticated and seems to incorporate unnecessary design complexity. It however, may be a good design for a commercial LENR reactor, I just don’t know. If it is some other component of the kit it seems too complicated for the basic product we had in mind.
#3 I understood your initial offer to Lui to be help in Patent application for a simple LENR teaching device and the ability to machine a simple core. For buildecat’s part we were to provide design information for the simple core and do the testing (although subsequently and in final draft Deighta Team also wanted to test. In that regard and based on early discussions we understood that a simple core was being machined and Roy had the ability to create the powders without the need to purchase them.
#5 I certainly have no way of knowing what you thought of Lui’s experience when this began, but I do think it is clear his idea was not a sophisticated Reactor design. You don’t sell such a thing as a teaching tool to schools etc. It was a simple design for testing the concepts of a LENR reactor. Obviously, we would all like to research LENR to develop commercial applications for LENR and Lui and I both felt his kit would give us the ability to test and further design a commercial product. That is one of the goals of the kit.
#6 and #7 I certainly agree with those.
#8 This has changed since we begin our discussions. To my knowledge the only outside vendors which would exist (aside from Joshua’s purchase of the sterling engine) were for the purchase of some test equipment which Buildecat Team were going to finance. The core was being machined by Deighta Team and the powders were going to be created by Roy. Of course it now appears that the powders will have to be purchased which is fine but this was not what we initially talked about. So by far the majority of cost was going to be born by Buildecat Team, not Deighta Team.
#9 That is not how our agreement is worded. In fact neither team was to have any financial obligation to the other unless a product was sold and then profits would be divided as reflected in the agreement with modification based on effort etc. Costs by the teams would be reimbursed from profits. I have no idea what the vendor costs will be and vendors were not initially contemplated except as discussed above.
#10 I agree a lack of financing will stop this project, but I have no idea what costs you anticipate for a prototype design for the LEarNeR Kit. It seems to me that design should be very simple and low cost. So I think you need to identify what cost we will have till completion of the prototype for testing. I don’t think the LEarNeR Kit needs a sophisticated reactor design. That is another project (possibly the one you mentioned in #1.)
#11 Since a LEarNeR Kit should be a basic design, it shouldn’t cost much and I would expect all of us to have the resources to finance the prototype core, that’s precisely why it never occurred to me that financing would be an issue at this stage. Now a sophisticated core design for a prototype commercial LENR reactor is a whole other issue and if that is what we are talking about, that isn’t what our agreement suggests we are working on. If you think you have a design for a prototype LENR reactor; that may be the subject of a whole different agreement. Then costs may be significantly greater. As to whether any of us have the ability to finance this other project I have no knowledge of Deighta Team, I know I could if I was so inclined but I have no idea what it entails. I do know that for manufacturing, we need a business plan and outside investors and those only come when you have an actual product and an actual business plan all of which (without testing) is wildly premature.
#12 The HE experimental reactor is not compatible with a LEarNeR Kit. That is another project.
#13 I agree what costs are we talking about, exact dollars please.
#14 If we are buying powders I think I defer to Lui, if you guys defer to Roy we need the two Physicists to talk and work out an agreement.
Let’s have a teleconference after all of you have had a chance to digest this so we can get this back on tract.
Ransom
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