You are speculating again, Ben.
So are you. Your particular speculation is: You speculate that previously-undiscovered laws of physics include a Ni-H reaction that produces heat. You speculate that this random Italian engineer has discovered this as he claims. You speculate that he has investors. You speculate that the investors have seen the device and tested it. You speculate that the public demo produced 10kW worth of dry steam, although no one actually measured the steam. You speculate that the demo did not draw 10 kW of electrical power, although it was plugged into the wall socket the whole time. You speculate that he's produced a working 1MW device and has yet to unveil it. You speculate that Rossi has mysterious reasons, related vaguely to the investors, for the errors in his public demos. That's all speculation.
You see, Pteridine, I believe that my speculations actually make sense, and that they perfectly follow the behavior of a free-energy fraudster like Keely, Bearden, Papp, etc., and they don't invoke an extraordinary new law of physics.
I believe that your speculations are inconsistent with Rossi's behavior, and they do invoke new physics.