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Its truly mindnumbing Knot.
Makes me think of a party where a few guys get drunk and think they are entertaining everyone with their wit and wisdom.
Pretty soon they are the only ones there. Though I seldom listen anymore I don't mind talking to someone sober. Or when I see the purchase of 20,000 shares I will look to see the reaction. Nada. Like it didn't happen. Drunks hate being contradicted.
Reminds me...Happy New Year.
This not about freedom to express disapproval
or even anger. That is fair IMO. From my view the objection is incessantly doing so. I mean, "Message Received And Understood". The other 100 reps of same do not add value, and they come to us daily. Moreover, for me, they make me suspect of motives. But perhaps my concern is not warranted...perhaps...perhaps....
Well, Dread, I am glad you keep your
sense of humor. For my part, I wish you well. Just do not do me ill if you don't have to. OK? I got money in this and things are tight.
But, Knot Bad, when you say you were offered
no set timetable, do you imply that you were offered one and it was not set??? Or that you were offered many sets of timetables but were not told of the one set timetable that they witheld from you because they hadn't the time to tell you? Would you clear that up for me? So I can parse your answer some more. Thanks.
I guess humor is always OT.
If he had a negative reason for resigning
do you think he would have his son take his place? And the son has taken an active role with important business trips with Andy. He is IMO obviously being groomed by his father to fill many leadership roles. And one is as a board member of a small dead-end company named Torvec (you would have us believe).
Your post is deliberately misleading to the prospective investor and I am at an absolute loss to come up with a reason for you doing so that is not malicious.
"It's a puppet BOD as you know."
Now that REALLY makes me hot. You grossly insulted these non-Gleasman members for not performing their function as directors--oversight. It is a personal insult and should really be deleted. Such things do happen in the corporate world, but there is NO way you know it is actually happening here.
It could be that as insiders they see the challenges and accept (maybe applaud even??) management's performance under the circumstances. You are not an insider and compared to them do not know diddly. One board member is the son of a highly influential and wealthy man in those parts, I understand, and I do not think he would kow-tow to Jim because he needs the money or does not have the guts to object. He would resign. Period. He does not.
I am so sick of these snarky comments from people like yourself who profess to have no ill will to anyone posting, but trash our investment to our detriment.
It is just an uplifting report.
It does not mean anything more IMO. Your question points up something that I have noticed though. Some folks complain if the information is not momentous. It is not always. It's some good news is all.
"I am not on board with personal remarks about people involved with the company who obviously are prohibited from responding."
Being unable to respond to personal (and sometimes vicious) remarks is an important point. It is simply low to engage is such behaviour, and I don't care how mad you are. People should step back and ask what they would tell their kids about that stuff.
There goes another 100 shares at the bid.
Another disgruntled shareholder pulling out his $57 while there is still time.
BTW seven deletions last nite. The carnage! Someone tell me what happpened by private mail this evening.
I should have said the share price
is does not send a meaningful message because the only message is that the price is being artificially manipulated and does not reflect the true market value as ordinarily reflected when not manipulated. I have said this before, as I think has Torvecian. You may not agree but you should by now know what I mean.
Of course, management feels it is meaningful to the extent that shareholders and the company cannot get a fair price for their shares. That is not a message, and that's where the difference is.
If I was an objective third party studying the stock movement (e.g. 110 shares at the open sell below the bid) I would make the same conclusion and look elsewhere to determine the probable value of Torvec. The share price is not a good indicator--IMO.
It could mean that share price is not
MEANINGFUL.
I am very curious myself.
At least the Air Force has money.
As to your second query, I have no inside knowledge. However, I saw an interview with Donald Trump recently on Fox and he said emphatically that there is no lending going on. He said he is glad he has money, because he does not think even he could borrow in this economy. Sort of a shock. But I speculate that the current situation has sent the finance departments of many companies into a fetal posture.
Kudos to
Allnumbers, Dino, and Torvecian, for conducting a reasonable, informative, and civil discussion. It was edifying. Hope this becomes a template for future postings.
Well that tears it.
If Ihub won't sanction that their TOS is BS.
Thanks for this post, Torvecian.
Trucker is right. There are good posters on this board that warrant attention, and you are one.
But what the heck was going on today?? Up a whisker. Go figure.
You seem like a nice guy, jonups.
I was too. That won't last long.
But welcome. You made a good choice.
<<two not too>> Everyone see that? He's good.
A "TOU refresher" I got (for my transgression I guess) says,
"Any off-topic discussion is a violation of TOU. [!!!]
If your post is not about the stock for the board you're posting to, do not post it. Use email, private message..."
I want you all to know what I now know.
<<Of, I get it>>
<<Of...?>>
You seem to "forgot" Andy's typo for which you ridiculed him.(msg 17177)
I have one rule I developed for email: Do not say anything you would not say to their face.
Andy could break you in too. Uh.... Of, you know.
That's all folks.
Newspeed?? Newspeed. I have no such
handle. You are baiting again, but I feel I must respond at least to make that of record. (This is all on topic, right?)
Newspeed?? Newspeed. I have no such
handle. You are baiting again, but I feel I must respond at least to make that of record. (This is all on topic, right?)
Newspeed?? Newspeed. I have no such
handle. You are baiting again, but I feel I must respond at least to make that of record. (This is all on topic, right?)
It is profoundly aggravating to see
the personal sniping, baiting, and ridicule, that stays up on this board for page after page, and I comment on news that may be of consequence to Torvec and it is OT because it can be of consequence for other companies as well.
For some, anything that bodes well for Torvec is OT.
There is some news out today
which gives me some encouragement that our efforts in DC may be well-received. But apparently I am not allowed to say what. So watch the news.
A talented young man, not kid.
Sheriff seems to think that with nice modifiers you can insult someone. Like, saying Sheriff is an articulate, intelligent, compelling, and handsome, jerk.
I criticize the low criticisms of management, which BTW Jim has had to endure for years.
Quite right Father of three.
It was a cheap shot. He should apologize bur don't look for it. Andy is a huge asset.
BTW, glad you are still with us. I want to see you in on the win.
blue
I agree with Landman, Dino,
Don't sweat it. These guys have zero credibility as regards the company, or you for that matter. No need to defend yourself, as they are not on the level.
As to the company, they are either short, or fools (trying to lose their own money). I see no other alternative. It is one thing to voice a position critical of management; but to do so ceaselessly, endlessly, reveals not disgruntlement but another agenda. It is obvious to me they either do not have a job, or,...this is in fact their job.
Torvec has beaten back some tremendous obstacles. We are still in the game, swimming in some pretty toxic water these days, but I remain confident.
The market price of the stock?!
The MARKET PRICE of the stock??
The MARKET price of the stock!!?
It almost too much for me to bear. I hate to again LABOR the point this WEEKEND, but there IS no market price for the stock, anymore than there was for vodka in the USSR.
Thanks very much Dino. EOM
It is wondrous strange how a stimulus
package, as yet unspent, is pulling not just our economy, but apparently that of Germany and Japan, out of recession! I hope they appreciate that over there.
But the point is the improvement will work to our benefit.
I think most of us appreciate
how a significant portion of the ten years was necessary to build the products, test them, and put the word out, and overcome the not-invented-here resistance.
I do not think most of us can appreciate what an enormous amount of effort, time, and money it takes our target companies to evaluate: 1. our claims, 2. our data, 3. our products themselves; and then to verify all the same independently. And then, to do exactly the same for all contestants showing any level of merit; and then to compare the outcomes and debate them internally; and then to send it all to finance and wait on them. And I have no doubt that when finance comes back there is a new contestant banging on the door saying they have not been considered and they have the very latest. And since the amounts of money are huge, what do they say? "Sorry, too late." ?
Somewhere, somehow, there has to be closure, but this process has a huge time requirement, and it is not even far to call such diligence "delay."
The marketing issue...
What is required is not a marketing department like you are marketing a new cola. This is not about tastes, sex appeal, or making someone long for something they do not need.
It is not my field, but marketing, I understand, creates the perceived need, and sales shows the need filled. The needs are apparent already to our target entities. As for sakes, we have very good salespeople in Keith, Andy, just to mention those I know. They are knowledgable and credible and talking to engineers who have contempt for spin. And Jim talks to finance people who are just the same.
Torvec is in the door and at the table of everyone we could possibly want listening, and that was not easy. And the data and products are there for examination. Now you just have to wait as these people do their own diligence and make up their own minds, and they are not going to be rushed. We are not the only people clamoring for their attention; they have to look it all over.
Again, this is not my field, so all IMHO.
That makes six posts today by
the "nattering nabob of negativism". (Spiro T. Agnew was b4 his time...) LOL Not much of a life really. If there was no Torvec...We are talking ego death now.
But there is, and, we are lucky we have some principled people at the helm.
I'm going to hide under the table now.
I fully agree, Torvecian EOM
I am not getting a hyperlink, torgo,
or anything I know how to open. And I would love to see what you have here.
Knot, you seem to know something I do not
about Torvec, that is.... I would like to know what. I ask even though I know it is impossible to make a post here w/o Sheriff, or exlax making a counter. (Just watch...)
Well, Dino, I dunno...
Its either the RIT press release or...
something better we don't know about yet. Money does talk though. And more persuasively than Sheriff and some others.
Dino, in this case I was only sending out
the request for an informed opinion about my own uninformed belief. No cheerleading in that post at least.
But you are right. And it is true of the reputations of people as well, that one poisonous remark seems to have ten-times the weight of positive remarks. Always been like that I guess.
The filings/auditors do not say they Cannot pay
their bills, rent or employees, or are verging on such. They do not assert of imply actual insolvency. That is where I believed the line had been crossed as I still do. What you describe are maybe's, and concerns, and boilerplate that do not suggest to creditors and investors and employees actual fact but the pros and cons in all such disclosures.
If this had been said about your own business (if you owned one), you would be livid, would you not? Might you sue? You would call your attorney. Well you own a piece of this one.
Also, I anticipated getting your opinion, which I do not value on this particular issue, and had hoped to head if off, and failed.
I was looking for an expert legal opinion
whether saying that a company can no longer pay its bills, and specifically something as fundamental as rent, does not bring into question its ability to pay other essential bills and so to survive, and is therefore libelous, as tending to bring it into disrepute--financially.
I do not seek your opinion unless you are a lawyer.
Any lawyers out there?
I'm just curious. Can a case be made that the company we put our money in has just been libeled? Just asking.