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Anyone buying more based on what was said last night?
Indiana!?! I'm trying to decide if it's worth the drive from Syracuse to attend.
Would you buy more?
Based on their LinkedIn profiles it seems that many of Torvecs engineers are on the young side. Not much longevity with the company either. Don't know if that's good or bad.
If anyone inside thought there was a chance at $10 I would imagine we would see far more buying. Even if anyone thought we would hit a dollar again that would be a substantial ROI.
What's that mean?
$.25 is the lowest I've seen in my 8 years. Would love to know what convinced Golisano to put more money into this.
Was there a Q&A? Anyone challenge Kaplan or the board?
Does anyone plan on attending? I'm not overly hopeful of much but still am interested in what's said.
Obviously not but I assumed that there are some preferred shareholders on here.
Unless there are only a handful of them in total, then I apologize for my ignorance.
Any preferred shareholders attend and/or have feedback on the meeting today?
I think if that were the case word would get out and the stock price would already be creeping up.
Hope I'm wrong. Jim's CEO updates were mostly hot air but at least it provided some entertainment every couple of months. No idea what is going on behind the scenes now. In reality that's probably the way it should have always been.
I would love to know the status of the current FTV. I assume it's just sitting in a government facility somewhere collecting dust.
On another note , I can only hope the website update was to prepare for increased traffic. The shopping cart feature should be removed until it's ready, "coming soon" for a year is rediculous.
Lastly, it's nice not to get fluff CEO updates every couple months that lead no where but it's also nice to have some idea what's going on. Anyway, here's hoping to something in 2014. I would be thrilled with $2
Is the "legacy tech" section a new addition to the site?
I predict that nothing will happen and the share price will remain in the low $.30 range. I hope I'm wrong but have given up most hope.
Any reason to be? My position is worth like $.04
I read through last years meeting comments earlier today. They seemed to start after 9pm. There were some good write ups. Haven't seen many people on here say they were attending. Hopefully there will be some insight. Last update was I think end of January.
A 45,000 share trade at $.60. Can't remember the last time I saw that size order of TOVC.
Do you have to prove that you're a shareholder to attend?
$.50, not far off from where Kaplan took over.
Nope. He spoke about ethanol and wanting to use much more of it in gasoline.
I wasn't expecting anything just like I'm not expecting much out of Torvec at this point.
Gen. Wesley Clark will be on Street Signs (CNBC) today at 2pm. I know it is nothing Torvec related but here's hoping he mentions it as a current hobby.
What does it matter that he has 8,500 more shares? If he bought them that would be a good sign. Maybe there is something I'm missing.
Judging by the zero shares traded so far today this must not be anything to get excited about.
Is this available to read anywhere?
What with twitter an the Ihub app any chance anyone will be updating from the meeting tomorrow? I would guess it would be much easier than a few years back.
New look website...
http://www.torvec.com
Nearly all the information has been taken off of the Yahoo! Finance page. I just noticed it this morning, not sure if it is temporary or not.
I had a similar experience, I was there for the whole breakdown of the FTV and how it was worth $156 per share. I left feeling confident and bought more at $2.40.
New CEO update and new logo on website.
Everyday I check the board hoping for that day. Even blind speculation is more entertaining than the constant fight about the shorts. Does anyone have contact with the company anymore? I know there were people on here that would stop by headquarters and see what is going on.
Is this a bigger get than all the other new additions?
The Agenda will be as follows:
1.Welcome & Introduction - Gary Siconolfi – Chairman
2.Resolutions & Voting Results – Bob Fishback – CFO
3.Video Message from Mr. Saunders & Mr. Heinricy
4.CEO Report – Dick Kaplan – CEO
5.Q&A
6.Adjournment
As someone who will not be in attendance I hope that at least the video messages will make their way to the website. It would be nice if there was an option to watch or listen to the meeting in its entirety.
It has been some time since there was a non racing related update. Does anyone close to the company know if the Air Force still has the FTV?
Looks like they have been busy...
http://www.facebook.com/#!/pages/Torvec-Inc/119489174748418
I remember when Jim said they had turned down $5 a share. I wonder if the same offer would be even remotely close today. I am curious to know what is going on with the Air Force and the FTV. I thought that was our best shot but it hasn't been mentioned since it was shipped back to them.
Is there a website to see who is sitting on the bid and ask of the stock? Or is it something you can see because you are a broker or use some pay service?
I would guess that since Jim hasn't been drawing a salary and owns the stock regardless of his employment he benefits just as much from a commercializing event in retirement.
Where was the retirement announcement posted? I don't see it on the website.
-Nevermind
Lockheed completes 2 tactical vehicle prototypes
By My-Ly Nguyen •mnguyen@gannett.com • March 2, 2010, 8:10 pm
OWEGO -- Lockheed Martin announced it has completed production of its first two out of seven Joint Light Tactical Vehicles for the military.
Steve Ramsey, vice president of ground vehicles for the company, called the accomplishment a "major achievement" for Lockheed's program. The two vehicles are both six-passenger infantry carrier models.
In August, a Lockheed infantry carrier prototype rolled over during a test drive with TV journalists. Excessive speed seemed to be the cause of the accident, the company has said.
As part of an analysis, the vehicle was disassembled with various parts being further evaluated and tested for the review board, Lockheed spokesman Jeff Brown said. Many of the parts were then placed on existing JLTV prototype vehicles, which are currently in system test. Lockheed has now closed its investigation into the matter, determining that there were no indications of a vehicle malfunction.
"We have continuously used input from users to adapt our vehicles in areas such as ergonomics, maintenance and supportability," Brown said. "Our vehicles meet or exceed government safety requirements. Nonetheless, the incident was a reminder that even the best-designed vehicles can tip over when operated in a way inappropriate to conditions."
The JLTV is aimed at replacing the Humvee.
As part of the 27-month technology development contract awarded in October 2008, Lockheed will deliver multiple JLTV variants and trailers to the U.S. Army and Marine Corps for testing, which is scheduled to start in April and be conducted mostly at test centers in Maryland and Arizona.
From start to finish, the JLTV program's value could reach $75 billion and mean the production of at least 60,000 vehicles for the military's use worldwide, according to this newspaper's archives. Full production and fielding is expected to start in 2015.
But Brown said a final planned quantity of vehicles has not yet been determined because the services are developing and refining their respective tactical wheeled vehicle strategies. Planning figures are subject to change as the strategies evolve.
Lockheed has five JLTV prototypes, all of which are in system test.
They include an infantry carrier designed for troop transportation, two vehicles designed with a focus on payload, a vehicle designed for logistical support, and a Command and Control on the Move model.
Lockheed is providing systems engineering, components integration and other services. The BAE Systems Global Tactical Systems and Security & Survivability Systems businesses are providing production facilities for high-volume assembly.
Competitors in the technology development phase include BAE Systems Land & Armament Systems and General Tactical Vehicles, which have their own vehicle offerings.
-This may be redundant since I believe we have no idea whether or not Lockheed used Torvec's technology in the final prototypes.