The key words regarding the Wam Watch? and the pump are develop and testing. There seems to be no end to design changes, testing, changes, testing... Based on what is said in the 10K I would expect no revenue until 2016, contingent of course on the need for more development, more testing...
"Upon successful independent TESTING, which is currently scheduled for the second quarter of 2015, we plan to DEVELOP and manufacture a fixed displacement preproduction prototype pump in order to TEST manufacturability and its effects on performance, at which point we will REPEAT the independent TESTS for comparison purposes. In addition, we intend to DEVELOP designs for a variable displacement pump..."
Where is the credibility? We were told maybe 2 years ago that Torvec is no longer a development company - they are open for business with ready products. Really??????
