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Sterling Replies to Littlefield's Slam of His License Proposal
Responding to:
Sterling's ResponseJuly 31, 2003 The way Littlefield words his recollection of our negotiations makes our proposal sound ludicrous. Let me set the record straight from my point of view, with the benefit that I have in front of me a copy of the actual proposal we sent to Littlefield. Bear in mind that this proposal took place prior to the Tilley Foundation's botched demonstration
of their DeLorean in September 2002. After it was clear we had no possibility of negotiating a
contract with the Tilley Foundation, I independently began covering their progress -- and that
coverage was largely of a positive tone until Feb. 2003, when I was given inside information that
convinced me Tilley is a con artist. In my phone conversation with Carl, he had told me that his device would power a car or a house, and that materials would cost about $25.00 for building it, using parts you could buy off the shelf at Wal-Mart, and that it would be a little larger than a shoebox. With that in mind, we prepared a proposal for a non-exclusive license to manufacture and market a home power application. We presumed his $25.00 was an exaggeration of how inexpensive it would be to build. As a starting point of negotiations, we offered a royalty of $25.00 per unit sold. We also offered $400,000 for the non-exclusive license. In analyzing Littlefield's response, one must realize that Littlefield would only accept offers of a complete buyout of the technology, and that nothing less than a few billion dollars would be considered. In our proposal, I censured him for his approach, which in my opinion seemed greedy and impractical for a number of reasons, and recommended that he reconsider, for the sake of humanity. I realized that the possibility that they would consider our proposal seriously was a long shot, and that my censuring of him even in the very proposal was likely to kill the deal, but we could not offer anything more than we did, and the possibility of his heeding the advice was the only chance we had. Littlefield did not take into consideration that 1) we were not offering a buyout price; instead, we were offering a non-exclusive license price; 2) our per-unit royalty proposal was based on a parts cost estimate given us by Tilley; 3) that we had no intention of getting filthy rich while only giving a trickle of the proceeds to the Tilley Foundation. Now, with hindsight, and a lot of documentation, I am convinced that the Tilley outfit is a con operation, and that greed is their prime motivating factor. (Presuming they actually had what they claim -- an unending charger system) they would sell out the technology even if they knew it would be shelved -- just to get the money. This sentiment of Tilley's, and his teams concurrence with the sentiment, is documented in video tape footage from the May 4 2002 Tilley Foundation Shareholders Meeting. The fact that I spend so much time providing free energy coverage, with nary a penny of compensation for it, bringing inventors together, increasing awareness of emerging technologies, encouraging new ideas and discussion, and standing firm against bullies and con artists, should be evidence that I am not motivated by greed. For the record, my expenses for running this website far surpasses any nominal income generated from an occasional book sale or other commissioned item sale. That does not take into consideration the thousands of dollars I am currently in debt over pursuing various technologies. I am in financial straits, and becoming more so as the days go by, and yet I continue this service. I was the same person last year, willing to sacrifice for the benefit of mankind, when I presented a proposal to the Tilley Foundation. Such a notion is so far removed from them, that they could only ascribe their own warped motivations to why I gave the numbers I did, and hence, the shock that I would think they would even consider such a thing. That is my side of the story, and I have documentation and witnesses to support it.
See also
Page created by Sterling D. Allan July
31, 2003 |
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