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Man..what a memory..
You are good and evidently in a lot of pain !!My point was CFO is getting paid a good chunk too- to manage what at this point..He should be the first one to say "hey guys you can't afford to be paying me this that at this point..." he can be rewarded later on like the rest of us, or in heaven, which ever comes first...??
I'm not disagreeing with you at all about
the decision. In fact I still have no idea why a CFO of a company with no revenue would be paid what HE is being paid- irregardless of the fact that he's a good guy or not. My real question is this possibly an indication that commercialization could be coming- was just speculating and checking for feedback.
8K at the close..
KG granted 100K salary- that can be taken as a bullish sign maybe?? I mean TG is footing the bill and he's a pay for performance kinda guy..Or as usual am I all wet..?
One of Jim's forecasts may come to fruition..
Torvec's potential to employ as many as EK ?? I was kinda hoping that it meant TOVC would have explosive revenue/employment growth-not that Kodak would disappear/pull the plug ??
There is a great show on Discovery...
called " Gold Rush" where this collection of down on their luck
guys from Oregon pool everything they have and go to The Yukon in Alaska in search of Gold..great show- many parallels to this
company ( save the "down on their luck part"-pretty sure the BOD has economic freedom and eats rather well) but the part where they spend an awful lot of time, energy, and money, moving & washing dirt in search of Gold..so far they too have little to show for their effort..but the effort is fascinating...!
Enjoy the Holiday Season and say a prayer for this company that they/we may have a little prosperity in 2012 to show for all this sweat Equity that has been layed out over the years.....
Pretty sure
the "3 bagger" he is refering to is his real estate investment in Mt. Morris ?? just guessing.. this ( TOVC) isn't shaping up to a be a three bagger anytime soon unless there is a whole lot more cooking than what they put in the filings- and after 12 years a three bagger isn't technically a three bagger anymore is it..!!??
Hope I'm wrong but...
reviewing the 10-K makes me think this will probably sit as is for the next 24-36 months, speaking mainly to volume and share price. Unless of course, as been floated around here earlier, that DK is intentionally understating progress. What's painfully obvious is we were/are still a development stage company 3-5 years after we were told we we no longer were. Not that that it makes any difference at this point but I wish just one person on the prior Board had had a set of cajones to question the information that was desseminated to shareholders of the company- It's called doing the right thing..
Not exactly a ringing endorsement
of TOVC's prospects if you think those 11,000 shares will be better utilized on a rental property..??
Agree-
As I said before I have no problem having my money in the same pile as his..look forward to the day when we know what he does..
Pretty sure my Grandfather..
If he were here would call me a knucklehead so far!!.Holding a stock since 1999 that didn't manufacture or sell anything..( (meaning to date.. Of course) Maybe I'll have a huge smile at the end of all this..ya never know..
I could have sworn
I recall our prior CEO stating that the ISO Torque for AWD was "developed" or atleast outlining in one of his famous timelines that it would be "market ready" a few years back- sure I could find what I'm referring to of I was up to digging around old releases but frankly that usually just depresses the hell out of me....add that one to the pile..
If they've made themselves..
absolutely agree- If they have the dough the real old fashion way (the lucky sperm club- Parris Hilton et al..) then not so much..then there is us- who voluntarily part with it chasing rainbows !!
Opinion Question re: commercialization..
Let's say that TOVC hits the showroom floor -talking the Iso Torque now- either via Hyundai Genesis, Ford Pickup, or Cadillac CTS- or some combination thereof (or God Please all three..!!) How far in advance would shareholders ( ie. thinking the marketplace really) gain knowledge of such a blessed occasion?
I'm thinking that BTG was given a nice preview of how his investment is likely to multiply- he really has no need at this stage of the game to take "a flyer" on anything.....
I hate OTC-bb issues for precisely the reasons that have been discussed to death here the last two years on a daily basis.! Only Torvec can put a hurt on short sellers- and that hasn't happened yet..maybe soon is all I can hope- I have no idea of soon when it comes to this investment I'll give ya that..
Probably right..
I just thought from your last called shot, that you may be sitting a whole lot closer to the fire than I !
It is nice to see..
the symbol TOVC appearing on someone else's PR. Long time coming to say the least. Welcome back to Torvecian, Digger and ole ATL- maybe there will be something to talk about other than shorts,and the late former CEO's famous quips.
Maybe UTY will drop another Quatrain on us for us to ponder?? If the F connection doesn't come true your still batting .500 on the predictions- Not even Ted Williams hit for that average...
Although I gotta admit I thought TG buy in would have had more of an effect on volume and price.. ( herd mentality )Things got a whole lot more comfortable for me waiting with his 6 Million pile moved in. Have a nice weekend.
Well so far you're 1 for 1..
in the progonstications there Nostradamus so I'm giving you the benefit of the doubt. P.S Tell Alan he's doing a great job- this little Focus I bought 6 mos ago is great- 38 miles a gallon- runs like deer. look forward to when you start calling shots on share price appreciation. Regards.
Thanks for the post. EOM
Are you suggesting
that this is a Torvec Product going into the 2012 Ford?? Wouldn't we know about it if it was?? We don't own the Torsen- name or patents- so I can't see how that is possible. I hope we have made in roads with Ford, GM and the likes on this new tech- but if somebody is planning on using it I bet they'd be shouting from the mountaintop....what I get from your post is all the other guys are developing better technology all the time too..difference is they are getting theirs to market...
No I figured it would pop and settle between 2-3.
Was all set to start frosting DaBreeze's going away cake..
http://www.buffalonews.com/business/business-columns/david-robinson/article333472.ece
just an article to support earlier post..While TOVC investment may seem more like a speculative play in his 1.3 Billion, I hope if history holds it may end up looking like another case where he knew the value and just stepped in to help unlock it..
While I'm seemingly having a "glass half full day"- the half empty side is very bummed that it looks like nothing will move this share price for another 2 years...
From D&C on line this a.m.-
"
Luck of the Irish hasn't
worked out too well on this one to date, but more than willing to
dance a gig if we get a little wind at our backs. I've felt more stuck last 5 years than fortunate and/or insightful. Hope our new friend's friend is a straight shooter and this isn't just bar talk from some lad in his cups ? ya feel me..?? I have also heard our 'luck may be changing soon' to which I said "what luck" ??!!
If BTG is involved going forward-
that would give me great comfort. He hasn't made too many bad moves in his professional life. If nothing else that would, along with any kind of announcement whether a commecializing event-joint venture or patent sale, probably create some irrational exhuberance in volume. Ultimately with more people wanting to buy TOVC shares than there are shares to buy-well that would bode well for us and give us a realistic exit strategy should we desire...I'm with you Dread when the day gets here I'll believe it- till then I'm sitting in Missouri biding my time..Good Luck to us all...we deserve some.
Is that the count down you've started...
or are you calling a shot for August 7 2012..?? just checking..
They do that from time to time..
there are big swings in their business. If you are hoping or implying there is a tie in to our little company, like any possible developments, I guess we'll know something when they tell us something. I'd bet you're like me and have been "speculated to death" last ten years...
If you were referring to my post...
Hey The COB is the chief steward of a shareholder's investment- I didn't make up that rule..he has been there since we went from $12 to .30 cents...He's a hell of a nice guy, I just never saw what he brought to the party. Moreover he stood there silently over the years when JG put out hundreds of half truths and mispresentations ( IMHO) to the masses many of whom were older fully invested seniors citizens- I think that's poor form and questionable leadership-. That said I hope they guy ends up with a Hundred Million worth of Torvec stock.....
Best Regards..
Let me Guess...
GS brought you all a dozen roses and then sat there silently for 2 1/2 hours..???
Neither..he doesn't partake at all as I recall.
When Gene P's teenage daughter was killed by a drunk driver- he never drank again..I'll be honest I don;t know what to make of some of this..one of my earlier points was really meant to demonstrate what I "think" would go on..If the new BOD sees the potential and some reasonable prospects for ROI they could/can scrape together this kinda money in the sofa cushions...Saunders owns a bank for Pete's sake...
The combined New worth...
of the new BOD has to be well north of a 100,300,500 Mill..? That is probably real light. They really gonna take 250,000 free shares and then let the lights turn out and the doors shut for inability to finance,fund,find 1.2 mill annual expenditures-that happens then there isn't a one of them that believed other than Keith and his family..not worried overly about this and this is just my opinion..
< Till there is real news about products being sold, we will just have to entertain ourselves with this type of news from time to time.>
Must be me..
but I think it would be a lot more exciting and relevant if it were Mercedes or BMW that was testing the Isotorque on German tracks and not RIT- They been running that thing on the Go-Kart for a few years now: hasn't translated into a single order for anything, and Yeh that is the ONLY thing this shareholder cares about at this point ( i.e please no more posts about Heinricy's racing prowess)
No disrespect intended but c'mon now...
Hey Sweep:
Guess what? this 'new month' is now officially 'last month's' 'next month' ! Let's see if TOVC can deliver something to back up those whispers you heard....Like I said I'll wait to be blindsided with bliss should somebody get a signature on something..I don't think that happens in 2011..Will be happy as hell to eat crow...Best Regards to All TOVC shareholders..
Nope...
all that has been posted in filings and in our good ole reliable CEO Updates over the years..go back and read em if you have some time ( that and a strong stomache...)
Regards
Been a couple of months..
since Dick gave us that reassuring nod..would expect an Update of the Mining Car Differential project and or maybe some direction on the pump testing sometime soon ?? Both of these technologies have been "blowing people's minds" for some time now- so we've been led to believe..Ford, GM, Hyundai have had that Diff to run through the paces for a couple years haven't they...?? I know Ford's Mullaly is big on cutting down that cycle time in getting new products and tech to market..I had high hopes when Ford was looking at this stuff...