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NYS Appellate Division decision releases
I too am interested in seeing the releases.
However, if you are thinking that the Torvec case will be released for sure on 03/16/07, you might be setting your self up for a surprise. The court may not release these particular decisions on that day. They are under no obligation to do that on that day. The court will decide when they will be released, not us. It could be a much longer time than we would like, and again it may actually be Friday that they do the release. I really hope so. It could clear up some things.
Also, the company's report is supposed to be out on 03/31/07. It would be good if that isn't delayed also. We will either see a request for an extension of time or a report. There should be lots of good reading in that one.
It would be good if the NYS Appellate Division decision is released prior to the 10K. If it is there sould be some comments in it as to the company's official reaction to the decision.
"Ford is not a licensee of Torvec's IVT."
As you said, I agree, that is most likely correct.
However, Ford is the owner of the Hydraulic Hybrid technology that was developed with the EPA.
That technology functions with Hydraulics.
It is currently in both of the UPS prototype truck being tested.
Torvec built a hydraulic pump specifically for the EPA.
Jim was asked about it at the meeting.
He said something to the effect, who said that it isn't in there, when asked why it wasn't.
The Sharonville plant is being built for a new transmission product.
The new transmission is a secret.
The Ford 6 speed automatic is no longer a new transmission.
The plant is being specifically designed for flexible manufacturing.
It has long been reported that Ford has been working on an F-150 hydraulic hybrid application.
So, I choose to believe that it is possible that Ford will actually build a Hydraulic Hybrid transmission at that plant someday.
I also believe that they will build the six speed transmission there while they are finishing getting the Hydraulic one production ready.
That is a dream that I have.
And, I agree with everything that you posted except for the contender part.
Ford to manufacture new transmission at Sharonville plant
"The company said in a statement Friday that the Sharonville Transmission Plant will be retooled for flexible manufacturing and advanced powertrain production. Details of the new transmission to be built at the plant were not released."
"Ford announced in January 2006 that it would close its transmission plant in Batavia, about 25 miles from Cincinnati in Clermont County. That plant is to be closed in 2008."
http://www.coshoctontribune.com/apps/pbcs.dll/article?AID=/20070311/LIFESTYLE/703110309
"The investment will be used to retool the plant for producing "a future transmission that will make Ford a leader in high-performance, fuel-efficient powertrains," according to a news release. "
http://washington.bizjournals.com/louisville/stories/2007/03/05/daily39.html
This is kinda old news. I think I read somewhere that Ford would be making the 6 speed automatic in Sharonville. It is interesting to see that Ford is holding back on the details of the new transmission. It would be nice to see one of these new transmission plants pick up the Torvec IVT seeing as there are so many of them being announced this year.
Not easy being green, but Volvo is trying.
"Volvo engineers there are working to develop a hybrid powertrain, a combination of a "heavy-duty diesel engine, an electric machine and an automated transmission," which would create less pollution and lower emissions, said Guy Rini, director for advanced propulsion systems. "
http://www.herald-mail.com/?module=displaystory&story_id=160678&format=html
I wonder if they want hydraulics with those automated transmissions? Hope so.
Thanks for making the call.
You beat me to it.
The need to make a call came at an inconvenient time for me.
Glad to see that they saw some humor in the chatter.
Which post was it that someone posted that there wasn't an understanding in layman's terms on how the IVT worked?
Which post was it that said that the way the IVT worked was not possible?
Did you delete those posts?
I didn’t see either of those posts.
Did they offer any additional comments to further our understanding (other than the ones that you mentioned)?
Well, maybe the reports due out this week will give us some of that.
There will be a quarterly SEC filing due along with the possibility of an Appeals Court decision.
Both of them should be interesting reading.
Identical twins....
So the identical parts of the technology are that both IVTs result in driving an output shaft at variable speeds, forward & reverse, and can be controlled by a human.
Yes, I agree with these parts.
However, I don't agree with the fact that there are any other identical features.
They can't possibly be identical.
(The hydraulic IVT that NASA was attracted to and the IVT that was created for NASA.)
The NASA tech on the table at the shareholder's meeting contained three electric motors, with one of them running in opposite directions (backwards). They hydraulic IVT is driven by only one motor running in a single direction. Actually, the motor is not part of the IVT in the Hydraulic unit. So keeping the electric motors out of the IVT for the NASA unit, one could wonder how they are the same. The motors in the NASA unit are part of the function, not the result.
If they were identical tech, there would not be any need for a swash plate in the hydraulic unit.
Is the variable speed controller in the NASA IVT supposed to be the same function as a swash plate in the original IVT?
Also, the sun/planetary gear system in the NASA IVT seems to be the same as the one being used in the hydraulic one that is pictured on the IHub header. However, isn’t that part of the Hydraulic one only used for an overdrive scenario for the Hydraulic IVT, and thus not part of the IVT, but only attached to the IVT.
Running motors in variable speeds with one running backwards, produces the IVT effect.
An electrical speed controller and a swash plate are significantly different IMO.
This results IMO a different tech, which I choose to call Torvec tech # 9.
As you stated...
"Keith pointed out at the Stockholders meeting that NASA called Torvec AFTER a worldwide search. Given the design specs it sure seems like Torvec's IVT is the answer."
Keep in mind that NASA's interest seemed to be in the IVT that Torvec has. The IVT that Torvec built for NASA is based upon entirely different technology than the one that they were attracted to. The Torvec IVT is a Hydraulic one, while the NASA one is an electrical mechanical one. So, it might have been good to feature the original IVT in the local press release, not the new one that was built for NASA. This switch in focus is confusing for investors. It seems that the Torvec Company now has a ninth technology to be added to the old list of the eight that were the subject matter of all the hype last fall.
To have that chance to make some news and to focus on your painting more than the original IVT and they other seven technologies was a missed opportunity.
Don’t get me wrong, I really think that your painting and your work is great, and someday I would like to have a copy for my office.
Seeing that you have been around the Torvec facility, it seems, more than any other poster here, I was wondering something that maybe you could describe in detail. When looking at the photo of the newest IVT, it appears that there is some sort of belt or chain mechanism that runs between the various gearing on that new IVT. It appears to me that this must be part of the sun/planetary gearing that would make the change in the final drive speed, or be the “overdrive” part of the tech. It seems to me that this portion of the drive is part of the technology that is in the NASA box. And if that is the case it would be understandable how and why there is any delay in our anticipated events. This portion of the tech seems to be too new to have gotten to the testing stage that prior tech was at. It must have been the prior tech that is production ready, not necessarily this portion.
This must also be part of the reason for the announcement at the meeting that there have been approx 50 new patent applications by Torvec in the last year between the annual meeting dates.
As far as SAIC needing to move forward with the dual clutch tech, I don’t view that was a dismissal of the Torvec tech, I view that as doing what they need to do while waiting for the Torvec tech to be at the production ready status, using the SAIC meaning of those words.
I’m still focused on the belief that the Torvec patent work will protect us. Without that, we don’t have much. I noticed that Torvec may have changed the patent attorney in the recent past. If that happened, I hope that was for a good reason.
It was the Dow Jones Columnist, not WSJ's
ROCHESTER, NY (June 18, 2004) — Torvec, Inc. (OTC Bulletin Board: TOVC [Quote].OB - News) today challenged a June 17, 2004 Dow Jones columnist's opinion that the EPA has developed a more efficient pump than Torvec's at the critical start-up phase of vehicle operation. "We stand 100% behind our June 2, 2004 statement that no hydraulic pump either designed or tested by the EPA has achieved efficiencies exceeding those of the Torvec pump operating at 300 to 750 RPMs and 200 to 1,400 psi," said Keith Gleasman, Torvec President.
You are right, it is very easy to see who wrote this article.
All we need to do is to review the Torvec's web site.
http://www.torvec.com/pr06182004.html
Silly why someone would be so quick to make this mistake.
United States is just another country
in which BorgWarner Inc. does business.
Shanghai Automotive Industry Corp., for example, is counting on BorgWarner technology to help it launch a dual-clutch transmission product in the next couple of years. Dual-clutch is some of the most sophisticated transmission technology available to any auto company.
http://www.mlive.com/mbusinessreview/oak/index.ssf?/mbusinessreview/oak/stories/20070308_borgwarner....
This lets some air out of the bubble.
Does your dot connector have an eraser?
Enova Delivers Hybrid Vans to Verizon
Enova Systems, an early stage production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, announced today it has designed, integrated and delivered thirteen (13) GMC 2500 service vans with Enova’s unique Post-Transmission Parallel Hybrid Drive System to Verizon. Verizon owns the 2nd largest vehicle fleet in North America, estimated at 58,000 vehicles, behind only UPS in total fleet vehicles in service. Enova fully designed and integrated its Post-Transmission 120 kW Hybrid Drive system into the vehicles for use in Verizon’s fleet. Verizon formally announced the project from its Hyattsville, Maryland, work center on March 6, 2007.
The Post-Transmission System is comprised of a proprietary AC induction electric motor, controller and energy management system, and is designed and engineered as a total production ready solution.
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070306005...
Boy, That's just what we need, another pile of batteries in some landfill.
I wonder what they mean by production ready?
Well, at least they are not tinkering with the transmissions, as this is another post-transmission project.
Practical Style from New Holland
AutoCommand infinitely variable transmission offers stepless changes from one metre per hour to 50kph for maximum flexibility on the road or in the field. Roadwork is further simplified with Active StopStart, allowing the T7500 to be driven entirely on the foot throttle and held on steep slopes without applying the brakes.
http://www.farminguk.com/bsp/10130/ews.asp?DBID=103-281-013-083&iPage=1&id=5507
Well, I guess John Deere is not the only one with an IVT in PRODUCTION.
I thought Ford and New Holland were related some how.
Didn't the Ford tractors become New Holland a while back?
I really can't remember the details.
Oshkosh Truck Names Paul D. Ericksen Vice President and Chief Procurement Officer
Ericksen joins Oshkosh Truck after 30 years with John Deere, where he developed a reputation for implementing workable solutions to complex problems.
Ericksen has a B.S. in mechanical engineering from the University of Iowa.
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070302005...
This is interesting. The new chief of procurement at Oshkosh is a guy who has 30 years of experience with the only company that has a working production IVT unit. Well maybe at least he will understand that Oshkosh will need that set up and might be looking at Torvec's unit as the way to go. Hope so. Granted, the John Deere IVT's were designed for farm equipment, and Torvec's were designed for regular use. This seems to be a little troubling to me.
Engineers Design Affordable, Clean Car Using Existing Technology and Fuels
March 1, 2007 -- WASHINGTON – Automotive engineers at the Union of Concerned Scientists (UCS) today unveiled a minivan design that shows automakers can build affordable vehicles with existing technology that would meet or exceed global warming pollution standards for cars and trucks adopted by California and 10 other states. Automakers are currently fighting these standards in court.
The minivan, dubbed the UCS Vanguard, features off-the-shelf engine, transmission and fueling systems and other technologies that would save consumers money, maintain vehicle safety and performance, and cut global warming pollution by more than 40 percent. All of the technologies in the Vanguard are in vehicles on the road today, but automakers have yet to combine them all in one single package.
http://www.allamericanpatriots.com/m-news+article+storyid-20420.html
Boy, I sure hope that these guys don't get hung up on stopping work when they feel that the global warming problem is under control and forget that the MPG question is really the bigger concern.
Update on Solomon's Petition for Review of Infringement Decision
"March 2, 2007 (PRIME NEWSWIRE) -- Solomon Technologies, Inc. (OTCBB:SOLM) announced today that it has scheduled a conference call with investors on Tuesday, March 6, 2007 at 1:30PM, Eastern Standard Time, to discuss the Company's decision to petition the United States International Trade Commission (ITC) for review of the initial determination issued by the ITC administrative law judge regarding Solomon's claim of patent infringement against Toyota Motor Corporation, and certain of its affiliates. Additionally, the Company will provide an overview of its business plan during the call."
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PZ&Date=20070302&ID=6561974&Sy...
Sure hope that they can defend the theft of their intellectual property.
We might want to watch this case, as it could someday be in Torvec's future to defend against this type of overseas thievery.
Thanks, that’s my recollection also.
I agree with all of that except for the part which is your conclusion as to what that statement actually meant.
I prefer to think of that as a real positive response, not a discouraging one.
I think that it is possible that the Torvec tech was not in the first demo unit, and may be in the second one.
Also, there was no reason to have any follow up question.
Jim said what he wanted to say and if he was able to say more or wanted to he would have. That is just my opinion.
Also, the meeting could have gone on for a very long time and would have ended on a different day if he was able to say everything that we would have wanted to hear.
It is a good thing that we really don’t need to know all the details.
I looked it up and it was.....
Gunkster who said that.
Post # 7621.
Sorry for the mix up.
That might have been your best post.
Well, I think that SAIC is still in the mix. Their comment to the news reporter about not doing an overseas acquisition would be limited to the Chrysler one, not all deals. I think that they were taken out of context. This happens a lot. Also, I can remember so many times, that when a company gets to the denial stage, that is when they are really going in the opposite direction. So, I think that this statement is really an indication that they are getting ready for an overseas deal, not the contrary. I think that it may be true that they are not going after Chrysler. Any activity in this area is positive for Torvec. All the transmission plants being set up is great. They obviously now know that the transmission is part of the solution to better the MPG. One of those numerous redesigned plants will be, IMO, for the Torvec IVT. I think it will be in Auburn Hills. Also, dealing with SAIC is / will be the same as dealing with GM. They are partnering.
All of these things can be looked at as a glass half full or a glass half empty. I prefer to look at them as being half full.
Have you looked at the SAIC chart lately?
It looks pretty impressive to me. Also, so does the OSK chart.
Here is a link to SAIC's chart.
http://stocks.us.reuters.com/stocks/overview.asp?symbol=600104.SS
Please check it out. Then tell me what difference it makes.
I think it was you (not sure) that also stated that JG denied that the Torvec tech was in the UPS Hydraulic Hybrid. Then, JG failed to deny it at the January 2007 shareholder's meeting when questioned directly about it. This makes me think that the Torvec tech it really is in that truck.
That could be the more important that anything else, and if it is in there, it could be the reason to be real happy and enthusiastic about all this other stuff.
BMW and DaimlerChrysler have agreed to co-develop hybrid transmission systems for rear-wheel-drive premium cars.
FRANKFURT, March 1 (Reuters) - German carmakers BMW and DaimlerChrysler have agreed to co-develop hybrid transmission systems for rear-wheel-drive premium cars, they said on Thursday.
GM is set to start selling full-sized sport utility vehicles with full hybrid technology in late 2007, followed by Dodge Durango full-sized SUVs amid a range of other models.
http://today.reuters.com/news/articlehybrid.aspx?type=comktNews&rpc=33&storyid=2007-03-01T09...
Wonder if they want hydraulics with those new transmissions.
Hope so.
DaimlerChrysler Approves Chrysler's Chery Partnership
DaimlerChrysler in December became the first major automaker to announce plans to sell Chinese cars in the world's largest auto market. Chrysler and Chery are now focused on adding models and parts including transmissions to that plan, the people with knowledge of the talks said.
The framework agreement, subject to approval by the Chinese government, is expected to be completed by the end of March, DaimlerChrysler said in a statement today. Chrysler spokesman Mike Aberlich declined to comment on details of the plan.
http://www.bloomberg.com/apps/news?pid=20601082&sid=ay8EFSPayvLA&refer=canada
The discussions, which include parts such as transmissions, are at an advanced stage and come amid continuing talks on a possible sale of the U.S. unit, said these people, who don't want to be named because the plans are secret.
GM, DaimlerChrysler and Bayerische Motoren Werke AG have a $1 billion joint venture on gasoline-electric transmissions. The first models using that technology go on sale this year.
http://www.koreaherald.co.kr/SITE/data/html_dir/2007/02/28/200702280052.asp
I wonder if they want Torvec's IVT with those transmissions.
Hope so.
Thanks Matt,
You made my day at 2/27/2007 8:23:37 PM
I will cherish that moment.
SAIC: No plans now for any overseas acquisitions
To answer your question;
I want Torvec to handle the transaction in exactly the way that would be in the best interest of the Torvec shareholders.
Visteon to build local plant
Jim Gillette, director of supplier analysis for CSM Worldwide, said Visteon's modest investment suggests this will be a small facility with limited flexibility. He expects the company decided to build it in the United States because of complex customer requirements for just-in-time sourcing. Otherwise, labor costs would be too high to warrant Visteon's investment in Michigan.
"That's really the only reason they would do it. The wage rates are sky-high, and there's a lot of excess capacity here," Gillette said. "It would have to be something very specialized."
http://www.detnews.com/apps/pbcs.dll/article?AID=/20070214/AUTO01/702140365/1148/AUTO01
Hey Tor, do you have your dot connector in the infinitely variable mode?
What do you think about this activity in Auburn Hills?
I was kind of thinking that this would be a good spot for Torvec's IVT work along with the Iso-torque work.
Here's hoping that it was an institutional investor.
Ya Think?
Just checked.
92% institutional trades today for TOVC.
China's SAIC says no plans now for overseas buys
"SHANGHAI, Feb 28 (Reuters) - SAIC Motor Corp. said on Wednesday it had no plans now for any overseas acquisitions, in response to a Hong Kong newspaper report that China's biggest car maker had begun talks with DaimlerChrysler AG (DCXGn.DE: Quote, Profile , Research) about potentially buying its troubled Chrysler unit."
http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-3&symbol=600104...
I wonder if they mean just OEM's or all acquisitions.
It seems to me that the denial is a preliminary step for an action.
Fasten your seatbelts.
Solomon Petitions for Review of Infringement Decision
"After reviewing the specifics of the ALJ's decision, we believe that the facts in the case do not support his conclusions and do not meet the requirements for those conclusions as set out in the law," said Gary G. Brandt, Chief Executive Officer of Solomon. "While our case against Toyota has never been a major part of our business strategy, we continue to be convinced that the Toyota technology not only infringes our patents but is also a direct result of our educating Toyota's technical team, subsequent to the issuance of the patent, in 1992.
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PZ&Date=20070228&ID=6548660&Sy...
This company and Torvec are similar in so many ways, IMO....
They have promising technology.
They educated potential buyers.
They patented it very well.
They sent their technology to Mars with NASA.
They have gone to court to defend themselves.
Etc, Etc Etc.....
We may want to watch how the courts are able to protect these inventors.
It seems that the ALJ is on his knees and giving ground to the thief of the tech.
This is so sad.
Auburn Hills, Michigan location is where the transmission action is.
It seems that whenever transmission improvement work is discussed in the USA, it circles back to Auburn Hills, Michigan. So, it seemes to me, that even though there are other US plants that would be capable of producing the product, that the final design, and testing work would be done in Michigan for the Tier One supplier or the OEM as the case may be.
Also, there is considerable news related to the Seneca Army Depot that is interesting.
It seems to me, that this Seneca Army Depot location is perfect for the Torvec school bus plan to upgrade the existing NYS school buses.
Here is an article about that progress at the depot.
"Ethanol plant on former Seneca Army Depot grounds gets the green light"
http://www.theithacajournal.com/apps/pbcs.dll/article?AID=/20070226/COLUMNISTS12/702260348/1002/NEWS....
BorgWarner Drivetrain Group Opens Competence Center in Germany
"By improving communication and leveraging our considerable synergies, the European Drivetrain Competence Center will spark innovation and collaboration, driving advances in transmission and all-wheel drive technologies," said Dr. Bernd Matthes, President and General Manager, BorgWarner Transmission Systems.
The BorgWarner Drivetrain Group harnesses its 100-year legacy as an industry innovator in transmission and all-wheel drive technology to develop interactive control systems and strategies through its Transmission Systems and TorqTransfer Systems business units.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-26-2007/0004534514&...
I can see how Torvec's technologies would fit into this plan very easily. Too bad that they are setting it up in Germany. The Auburn Hills, Michigan location would have been just fine.
Today's trades for TOVC were 70% institutional
according to Thomson I-Watch.
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=TOVC
Now, if there was only more shares traded.
Well, at least that is a good start.
Chrysler May Expand Ties to Chery as Sale Talks Go On
"Transmission Plan
In addition, a Chrysler plan to develop more fuel-efficient transmissions with Germany's Getrag GmbH will result in a U.S. plant, people familiar with that proposal said. Chrysler confirmed in October it had applied for environmental permits for a transmission plant at three Indiana locations. Karin Burgmer, a spokeswoman for Getrag Ford Transmission GmbH, had no comment. "
http://www.bloomberg.com/apps/news?pid=20601087&sid=aRkK2rMdyUxE&refer=home
I wonder if they would like hydraulics with those fuel-efficient transmissions?
"Greenprint" action plan
She'll be in East Rochester around noon to unveil the local "Greenprint" action plan. The plan is one of the first in the nation and is the result of a green building conference organized last fall by Clinton.
http://www.9wsyr.com/news/local/story.aspx?content_id=dee6e471-2e19-4fab-910a-8c5e3dc23675
The report should be due on March 31, 2007.
However, there normally is an extension of time allowed if requested. The extra time is 15 days. Last year's report was prepared by Eisner LLP, New York, New York, on April 13, 2006. It seems a regular procedure to request extra time.
I think you are right that there should be interesting information contained in this report.
Here is the a link to John Deere's IVT
However it is really kinda old.
It was last updated on 10-Mar-2006.
John Deere claim's that:
"The revolutionary Infinitely Variable Transmission (IVT) provides excellent performance in all farming conditions. "
http://salesmanual.deere.com/sales/salesmanual/en_NA/tractors/2006/feature/transmissions/8030_option...
Don't think that they will be needing Torvec's tech any time soon.
Hydraulic Accumulators might now fit a compact car.
Through a drive train innovation, individual wheel torque is controllable, allowing implementation of a variety of stability control strategies. In addition, this seminar will present adjoining research on addressing limitations in compact hydraulic energy storage through the development of a novel open accumulator. The open accumulator can theoretically increase the energy storage density over traditional accumulators by 24 times at 5000 psi. This energy storage method has the potential to change the mobile hydraulic market drastically.
http://www.me.iastate.edu/no_cache/news-events-amp-seminars/news-article/article/624.html
Very interesting.
Here is one that is more thought provoking.
"This could be one of the most important advances in automotive technology - ever," Charles Gray Jr., director of the Environmental Protection Agency's Advanced Technology Division, said during a presentation at Manchester Boston Regional Airport on Thursday.
Of course that statement was made in July, 2006.
What I liked most about it was, the guy who said it, and that he was talking about the technology that included technology that Torvec has invented and patented. I was glad to hear JG's comment in response to a shareholder's question about this hydraulic hybrid at this year's shareholder's meeting's Q&A session's.
http://www-gatago.com/alt/society/labor-unions/22643615.html
Hope Dr. Gray is right.
I think that he is.
This is kind of old, but some may not have seen it.
From the Oshkosh Yahoo message board,
there recently was an encouraging message from one of the posters.
It went like this:
"Re: OSK buying Torvec?
They would be very fortunate and wise to acquire this particular development company. Someone is going to get the keys to the next 30-40 years with this technology: no joke do your homework."
http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_O/thre...
Seeing as there are some that appreciate an occasional chirping sound from the annoying crickets, I just wanted to replay one that I heard.
Florida School District to Unveil Plug-In Hybrid School Bus
Feb 20 2007
"Florida’s Manatee school district will start running two plug-in hybrid school buses from IC Corporation next month, GreenCarCongress reports. The two hybrids are part of a 19-bus order placed by a group of school districts, state energy agencies and private school bus operators in 11 states.
Each hybrid costs $225,000. With volume purchasing, officials expect the price to settle out at around $100,000 apiece. "
http://www.environmentalleader.com/2007/02/20/florida-school-district-to-unveil-plug-in-hybrid-schoo...
Amazing how much money the districts will pay to solve this problem. Wonder if the district thinks that they are plugged in for free.
The next court decision release date....
"The next decision release date, unless otherwise ordered by the court, will be approximately two weeks after the conclusion of the February term, which commences on Tuesday, February 20, 2007, and concludes on Friday, March 2, 2007. When the Court has determined the date for release of decisions following the February term, that date will be posted on this site."
http://www.courts.state.ny.us/ad4/
Well, I think that last year (2006) they released decisions on the day that they went back into session. This year's comparable date would be tomorrow. Hope we hear the results then instead of waiting till two weeks after March 2, 2007. It would seem to me that they must have a decision by now and if that were true, they could release it tomorrow.
Dread, seeing as you were there, do you have any comment?
Yes, I agree with the Torvec company statements
on that topic, and for that matter on all the topics.
My point was that the company will be in a much better position to hold value if the court case that is being heard in Michigan will have a favorable ruling. This is an enhancement that would serve all inventors very well including the inventors at Torvec.
On your point of a 26.4% increase, that was the results of the test at the 30 MPH rate. I like to think of that as a 35.87% increase not a 26.4% increase. It is a glass half full, half empty concept.
You see the 26.4% is the percentage that the IVT decreased the fuel usage as compared to the 4 speed transmission's fuel usage.
While the 35.87% is the percentage that the 4 speed transmission increased the fuel usage as compared to the IVT's fuel usage.
These are exactly the same test results only as stated in a different way.
They mean the same thing, so, I think of it as a 35.87% betterment, not a 26.4% betterment.
Here is an interesting way to raise MPG results
Honda settles odometer lawsuit
"Honda is notifying 6 million owners of Hondas and Acuras that they are entitled to warranty extensions and, in some cases, payments because odometers in their vehicles rolled up miles too fast."
http://www.news-leader.com/apps/pbcs.dll/article?AID=/20070219/BUSINESS/702190366/1092
The honda that I purchased has a 3% - 4% higher odometer reading than the actual travel. This results in between 1 and 2 more MPG. That gives the driver a false sense of a betterment. Some of the OEM's that we have discussed here have paid hundreds of millions of dollars to gain 1 to 2 MPG, while Honda cheated on it. Very interesting.
Interesting that the article focuses on the warranty and not the real concern which is the MPG results. However, I agree the warranty issue is important too.