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what ..not more comedy...come on your busting me up...
More comedy...you guys are killing me...
Now this is way more fun than all that other stuff..making lists and summarizing everything..thats no fun...
Now that was funny...
You got me actually laughing out loud on that one...
Are you a jockey..?
When I go to the Company News page of Torvec's website there is a link dated August 22 that says "Message from CEO page moved".....I then use my supernatural powers and click on the link and there is the 5/31/05 Fain update...moved...not removed
....also on that Fain update page are links to all of the CEO updates...
Still alot that we don't know..
I agree that to move forward a deal or deals need to be done...
Personally, I am not in favor at this moment of going out and bringing in another group of outside managers...they end up costing too much and haven't produced the deal that we are all looking for...
The insider buying thing you keep bringing up...the insiders own over half of the comapny, which doesnot translate usually into alot of insider buying...and once again, the amount of insider selling has been very small ...
basin...
it's not as if the video showed the FTV scaling the Great Wall of China and it was greated by thousands of cheering Chinese people when it came over the top...but it was still showing the FTV in it's natural element working very effectively...not going stimulate alot of stock buying , but informational none the less...
Fain's 5/31/05 report is still on the site...
it's just been relocated...
It was the FTV and and what looks to be a 4WD Jeep going thru a swampy, muddy course...FTV handles with ease...jeep gets stuck in very first muddy hole...
if you go to the website i think there were 2 links for the video...it's in the products video area...one was high speed the other wasnot..i posted the high speed link...
Was checking the Torvec website which has changed and found a new ftv video...
http://torvec.com/library_images_ftvvsjeephi.html
No new shareholder update, but the people portion of the site has been changed...
sorry basin...
there was no bait there...had never seen that before...
onward...
Thanks dread...the world traveler returns..welcome back...
not trying to stir anything up basin...just looked like it was changed...
Basin...
You are talking about keeping things on the level and then on your very next post you altered the press release and inserted the word ADVERTISMENT in it....that isn't in the press release or the 8k...? Whats that all about.?
"ADVERTISEMENT
The Executive Committee's actions are intended to permit the Company to return to normal operations. Due to the circumstances, the Company will not file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2005 in a timely manner. The Company expects to file this Quarterly Report next week."
Wow....
Another interesting exchange here on the ihub..
What do you guys make of the filing I referenced from the other day...nopbody picked up on it or wanted to comment..
here's what I wrote..
http://www.sec.gov/Archives/edgar/data/1063197/000106319705000038/tv10q0805.htm
From the filing... "The registrant's Quarterly Report (Form 10-QSB) could not be filed timely without unreasonable effort or expense due to the investigation by the Executive Committee of the Board of Directors....."
What does that mean....?
Dyna commented that it's not the first time Torvec has missed a filing date....That's not what I was referring to...I was referring to the part about the investigation of the Board of Directors by the Executive Committee...what do guys think that means...?
wow...busy night at ihub central...
I will do everything in my power, using self control techniques shown to me by dyna's doctor to keep on a middle ground.....I will say this...I have critcized the company on some things but not nearly to the extent that many of you have...I am a one man band looking out selfishly for me, myself and I and my investment in Torvec....I am an outsider looking to hopefully earn a nice return on my long term investment in TOVC...Do I like everything that is going on right now..no, of course not...but I'm not sure anyone really knows what is happening except the Executive Committe and CXO..some of the stuff we are arguing over is silly... some isnot....
Many of you actually have valid questions but the way you go about trying to gather the information in such a critical fashion doesn't lend itself to discussions...it produces more agressive reactions from some..myself included...let's keep it civil..i agree...
One thing I really am not going to do is rehash stuff that has been beaten to death...I, like I assume most of you do, have a real occupation that keeps me busy..hard to believe, huh...so I will try to do the right thing here..you guys do what you think you have to do...
Everyone have a good rest of the week...
How nice that you 2 have been able to get together like that..
You became so close on this message board, it was bound to happen...what is great is that even though you didnt know one another, you still knew how to get in touch and arrange your get together..
Someone bought 10,000 shares at the close...was it you..?
Invest....
something strange is going on here...
in my post 2952, I said to you "Invest...you never called Torvec to speak with them directly like you said you were going to....why is that...?"
In post 2954, you responded "Your buddy JG said that Carlisle returned his warrants after the 8k was filed"
In post 2957 you said "JG stated that they advanced the warrants each quarter to ALL directors."
In post 2958 DYNA says "I am the one who got the info direct from JG."
Did both of you get the info from Jim Gleasman..? Or do you and dyna know each other...you have claimed you dont know one another...are you one in the same ...? How do you guys explain that one...
I dont know...thats why im asking...
why didnt you ask Jim Gleasman other questions on some of your many concerns when you had the chance...? Just curious...valid question
dyna...
you skipped right over the filing from yesterday..link below...
http://www.sec.gov/Archives/edgar/data/1063197/000106319705000038/tv10q0805.htm
From the filing... "The registrant's Quarterly Report (Form 10-QSB) could not be filed timely without unreasonable effort or expense due to the investigation by the Executive Committee of the Board of Directors....."
What does that mean....?
See what I mean invest...
Dust storm....
why didnt you ask Jim Gleasman other questions on some of your many concerns when you had the chance...? Just curious...valid question
Now that you have a dialog going with Jim Gleasman,
ask him to explain the gas/diesel topic to you...
You ask questions here that no one could know the answers to and then you get all flustered and say things like "Your SILENCE on the issue says it all." Regardless of the topic or the answer you get here, your follow up is always in the form of a giant dust storm going over the same things over and over...
Since you are now talking with JG, you should talk with him about some of your other concerns...you willnot find what you are looking for here...why would you talk with Jim and only ask him about the Carlisle compensation topic..? Seems like you could have asked him a bunch of other questions...
Whoa Nellie...!!
So you say that he returned his warrants....he had to get them to return them....since that means he got them...that means he was compensated..you can't get the warrants, then return them and say you didn't get them...YOU say they were never earned, but he got them, didn't he..? ....end of story
On another note, when you talked with JG, did you ask for clarification on any of the other 20 or 30 questions that you keep asking here..?
Let me guess....
Invest...you never called Torvec to speak with them directly like you said you were going to....why is that...? Remember, you wanted to know the phone number and it was given to you.? (from right off the company's web site which made it very hard to locate..LOL) I think the reason you don't call the company is that you know the individuals at Torvec and would have to "out" yourself, making it most uncomfortable for you..
I would bet my net worth on being correct about that piece of fruit...
your facts arenot correct...
the 03 test was done on the hydro-mechanical ivt in the Dodge diesel and it was compared to a gas powered automatic 4x4..
The 05 report you refer to is the result of the gas Tahoe test for the NYC portion only using the hydro-stat stand alone ivt...the new modular hydro-mechanical which is adaptable for either gas or diesel has not been tested yet...
The way you are presenting your facts is inaccurate and could be misleading....you are cross polinating your fruits with your vegtables...
Have I missed anything since this morning....
other than the usual that is...? No it doesn't seem that I have..
Reporter got one thing right...I do have a passion for this investment which has remained intact through all of the ups and downs...the one constant has been the attackers who have also been around for the same duration with an equal amout of zest..many under different names..but here for that same duration...
Here's the problem with your approach...
Your group continues to ask the same questions HERE over and over and over ad nauseum... most of the questions that you seek answers to need to be directed to the company, not on a message forum......many others have chimed in here recently and agree....ask the company
going around in circles on the same stuff over and over isnot what I'm interested in doing....
Good morning...
What I think is that you are driving yourself nuts with this stuff....start a hobby that will keep you focused....I think you will sleep better if you sell your TOVC position...
I have no idea...
dyna....part 2 first..part the agreement in the 10k for the lease you are referring to is pasted below...appears to include the services of 3 engineers and 2 machine operators as well as the facility.....don't know the answer yet to your question on the director warrants...still reading...
Lease and Services Agreement
Between:
Robert C. Horton as Landlord, and
Torvec, Inc., as Tenant
Witnesseth:
The Landlord hereby leases to the tenant the premises located at 38 Foster Rd., Canandaigua, NY, said premises constituting a 3,131 square feet facility consisting of a 308 square foot office, a 231 square foot conference room and a 2,592 square foot machine shop and manufacturing facility commencing on March 1, 2005 and terminating on the last day of February, 2006, to be used and occupied for Tenant's automotive business only. Landlord shall during the Lease term, furnish the services of three engineers and two machine operators at the facility.
1. Rent
Tenant shall pay monthly rent of 10,000 shares of the Tenant's common stock which stock shall be freely tradable by Landlord upon receipt payable in advance on the first day of each and every month during the term of this agreement and any extensions thereof. The amount and nature of such rent shall be adjusted by the mutual consent of the parties.
basin....
"Do we as shareholders need to call the company and ask?"
Yes.....here's the number...585-248-0740...Since you feel so strongly that you won't get the respect and proper attitude that you should from Jim Gleasman, ask to speak with Keith Gleasman and set up a meeting with him...here's your chance to have them address your concerns...if your only experience with Jim Gleasman is from the shareholder meeting, maybe you would benefit from getting together with them, assuming that they would...You can't just hide behind the thought that he'll only act like you saw him at the annual meeting...you have everything to gain and nothing to lose by calling...
I called the number on the web page 585-248-0840
and they answered and said that the direct number is 585-248-0740.....
Let us know how you make out....
Let me ask you a question....
Just who was it that said "weeks not months" and "you will be rewarded".....unless I'm mistaken, those comments were made by one of the CXO guys....I can do without the weeks not months talk myself, but how do you know as shareholders that we won't still be rewarded by staying invested in Torvec? I don't think you guys have the info to reach a conclusion that we won't...
So do this...
Call him...ask if you can meet with him/them to discuss your questions and concerns...see what happens..if you won't, why not...? If you do, let us know how it goes....
have a nice weekend...
This is exactly the type of post that has people coming out of the woodwork to challenge your motives...
The half-truths and inuendo's that you lay out here have been spun so far out that you no longer have credibility...why don't you call the company and talk with Jim Gleasman directly and give him an opportuntiy to address all of your concerns in person....Why don't you do that...? What reason would an investor with concerrns have for NOT picking up the phone and trying to meet with them to get some answers....? That's how investors should respond.....
There are so many holes in this drivel that you put out it makes you look like you have one motive...to take the company down...how many times have you said "i'll buy the whole thing when it hits zero..."
"someone close to me told me a story about JG and how he acts. He further went on to say "that all the Gleasmans are paranoid that someone is going to steal their products". Who told the story and have you talked with Jim Gleasman to find out if he has something he can add to your information..?
" I started to notice that all insiders were selling their shares. I started to get alarmed." This is so laughable it's rediculous...the amount of shares sold by insiders in the last 3 years let alone the last year is so minute compared to their holdings, that you look silly saying you are alarmed..
"I asked questions here and on RB." You need to call and ask the company questions directly so you have all of the information....
"Then something went drastically wrong which brough up more red flags. They had a lawsuit with ZT tech...." Do you know what happened on the whole ZT issue and how ZT came to Torvec and how it was resolved and why.....you didn't ask the company to explain that did you....?
"JG stood in front of us the shareholders and made a complete ass of himself..." you and your pals have said that over and over and over and over...even the guy that took the brunt of Jim Gleasman's respnse was ok with it...Jim Gleasman appologized to the guy....
""Dick" Otto was canned thank God. Phil Fain replaced him. In April Carlisle came on board. The stock is battered."...exactly..
"You label me and all other questioners "shorts" among many other things. We continue to ask questions" First, who is we..? Second,You act like shorts, not disgruntled shareholders and once again you are asking questions on a message board instead of calling the company and talking to the people you have the most issues over....
"Supposed letter of intent never materializes..." Correct...but now it appears that the reason is they had moved from discussions with Cherry to discussions with PengPu/Shanghai, which began several months ago....you conveniently always leave that part out..
" DARPA is a total failure for we don't even make the cut..."
One of the CXO guys was leading the DARPA project and appears to have ignored recommendations for the trial and Torvec was eliminated...have you called Torvec to ask about this situation...?
"Fain buys "chinzy gifts and is ousted". It appears that from the filing, buying chinzy gifts was not the only concern the company had....
"Carlisle quits amid speculation that we as shareholders were lied to, as I suspected." Which resignation did he say shareholders were lied to...are you referring to his comments in his second resugnation..the one that came after the friendly, respectful, I wish everyone well and like the products resignation ...?
"The Tahoe results never released, but Carlisle says they are not good." There are 6 pages of info on the Tahoe resluts in Fain's CEO update on the web site for Torvec...Carlisle, the guy who attended "to"(2) board meetings via conference call, that Carlisle...have you called to talk with KG or JG or Gary Siconolfi or Dan Bickle or Col Dobbs on any of these topics to get some clarification...?
"Name one positive from that list. There is no balance here." You are making a list of things based on suspect accumulation of info and dont appear to be making any effort to dispute or confirm information from anyplace other than this forum...
"What do you want me to do makes up some story so all looks rosy? I won't lower myself to your standards." First, I make up nothing...what you should be doing if you truly are open-minded about the facts is to make an attempt to get some of your questions answered by the people you are claiming to have deceived you...
"I want answers as to why this is all happening. I will not allow any one to deceive me or other shareholders. We demand answers and then we can make informed decisions if we take our losses as men and move on." If you want the answers, you need to go to more places than here to get them...this isnot the right place...
Let us know how you make out with the fact finding ...thanks...
Hey bilge....
You really know how to clear a room....
Why do you guys keep pounding on Dino...wasn't he the guy that you thought had the balls to ask some good, tough questions at the shareholder meeting..?
You guys beat on him 10 times harder than you thought JG did in that meeting....even Dino said he was ok with it...he said this in his first post...."The sad part is I did'nt like the answers to any of my questions. The funny part is I did not feel that Jim Gleasman was rude. He came over to me and apologized after the meeting having thought(like most of you) that I was a short or day trader trying to cause controversey. I told him it was not necessary to apologize."
This is an example of the type of stuff you guys blow so far out of proportion that people are starting to see that you have a one sided, never ending attack mode...why...?
Even I, the over the top cheer leader, have said many times that the company and it's management have made a bunch of mistakes....I at least have some balance...there is no balance with you guys...it's starting to bring more people to this board who appear to be tiring of the complete one-sided attack approach...
I have taken alot of heat on this thread and Raging Bull for pointing out that Torvec stock has been shorted and/or is being shorted....prepare to get blasted on this topic...it remains my belief that this stock has been shorted again for months..
Wow.....
That was full of information....where did you get all of that information....?
Basin...
You seem lonely...