InvestorsHub Logo
Followers 0
Posts 40
Boards Moderated 0
Alias Born 01/09/2010

Re: LoanOfficer post# 148

Tuesday, 05/18/2010 12:28:45 PM

Tuesday, May 18, 2010 12:28:45 PM

Post# of 197
It is my understanding that THOR is a joint project of Livermore, the Ledebev Institute in Moscow, and Valley Forge under a State Dept WMD non-proliferation program. The technology is the Russians. I believe Livermore owns the technology rights with VLYF having exclusive production rights. They've all been working on this thing for many years. I wouldn't be surprised to find out that the original Russian technology came out of the Russian equivalent of Star Wars.

For THOR to go into production, Livermore probably has to sign off. I've heard rumors that they have kicked the tires and will "soon" give their blessing, allowing VLYF to forge ahead.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.