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I too can remember most of that nonsense...
The point that I remember that you are not recalling is that my research shows that the ArvinMeritor Company produces the JLTV drive trains for the Lockheed Martin Company. One would have needed to call ArvinMeritor in order to gain the knowledge as to the suppliers for the prototypes that are in the JLTV's (IMO).
You can you check back, if you like, to the post that I had pointed all of that out to the group at the time that it was discussed. My earlier post referenced information from the SEC filing that was done for ArvinMeritor, not an article like this one.
Right you are; some good things take time...
The important thing is that, since this will or will not happen with or without our shareholder involvement, we need to decide to be in or be out. If there is a decision to be in, it just happens to be a good time (price) to get in.
Remember that this part really started a long time ago.
http://www.allamericanpatriots.com/48734988_hillary_clinton_hillary_clinton_senator_clinton_welcomes_new_partnership_between_torvec_inc
Check out the other style "GO-KARTS" RIT has...
at the facilities' research bays located at the CIMS building.
http://www.cims.rit.edu/facilities.aspx
What do you suppose they are working on?
Could it be a way to get a 15" variable ride height while maintaining constant velocity through a CV Joint that is durable enough for the task?
Destler's board position, & RIT/Torvec Seal lab partnership...
I think that you (Sulax) can relax your cares about Destler's board position, & RIT/Torvec Seal lab partnership because; RIT still lists Torvec as one of the Research Sponsors and Collaborators for the Golisano Institute for Sustainability along with:
Lockheed Martin Corporation,
General Motors Corporation,
Delphi Inc.,
Northrop Grumman Corporation,
NASA,
U.S. Departments of: Agriculture, Defense, Energy, Transportation,
Environmental Protection Agency
U.S. Forest Service and
Toyota Motor Corporation
(Anyone here remember JG mentioning all of these companies?)
and of course, the Safety and Efficiency in Automobiles Lab is still listed as one of the Research Facilities at the Golisano Institute for Sustainability.
http://www.rit.edu/sustainability/research.php
And of course, Matt Fronk is assisting with the research efforts related to RIT’s Golisano Institute for Sustainability,
(Hand picked by one of Torvec's directors, right? Thanks again (IMO) to JG.)
http://rocnow.com/article/business/200991006016
and now, Kellie Fronk is preparing the Torvec press releases.
(Where do you suppose Kellie heard about Torvec?)
http://www.marketwatch.com/story/torvec-introduces-isotorquer-differential-to-corvette-aftermarket-partners-with-phoenix-performance-to-showcase-technology-in-scca-racing-series-2010-05-26?reflink=MW_news_stmp
It is nice to see that you care...
When you asked "Who Cares", I got the impression that you really didn't care.
For all those of us who care, the RIT FSAE team will be at the next competition which is in California beginning one week from today.
http://students.sae.org/competitions/formulaseries/west/
Technically speaking and all, you need to know...
Speaking of sponsoring a car and a driver...
Almost immediately after I was pointing out that Torvec was listed as a sponsor of the RIT FSAE race team on the race team's website, the listing of Torvec as being a sponsor was removed.
I've been pondering as to the reason as to why that could have possibly happened.
Do you have any thoughts as to why that would have happened?
http://www.rit.edu/kgcoe/formula/pages/sponsors.php
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49643712
I think that these are the race results:...
Race Results:
1. John Heinricy 1:27.8
2. Dave Sanders 1:28.8
3. Joe Aquilante 1:30.5
4. Ron Landis 1:34.3
5. Chip Ott 1:31.0
http://forums.corvetteforum.com/autocrossing-and-roadracing/2610523-dave-sanders-at-njmp-today.html
No, I haven't seen any results just yet.
There may have been a race track rain delay or something like that.
Maybe they are waiting for the new Torvec web site to be brought on line for the news to be released.
At this point, that must be only hours away.....
John Heinricy, fielding his ultra fast T-1 Corvette...
Wouldn't it be nice if Miss Fronk was...
somehow acquainted with Matt Fronk because he is the one who "RIT names GM’s Matt Fronk to direct Center for Sustainable Mobility".
(Question... Handpicked by one of Torvec's BOD's?)
and Matt...
When do Heinricy victories take on statistical significance?
For some it was this past Saturday.
For some it was yesterday.
For the faithful it will be today.
For the development team it has already happened.
For the shorts, it will be never.
For all the rest it will be at the commercialization date.
"Is it number of victories? Winning times? Lap speeds?"
None of the above, it is the Winning Margin.
"Didn't the article also mention other teams equipped with IsoTorque?"
I'm not sure, I didn't see any, and maybe you could find it.
"How does their performance factor into evaluating an IsoTorque edge?"
It is measured by the seconds of the winning margin.
One race was approx. 22 seconds; the other was approx. 14 seconds.
"Be original put a time frame to it"...
I'm all done with guessing time frames.
The last time that I did that was July 1, 2008.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29586660
The problem back then, at that time, was that Torvec hadn't yet finished the product development. Now, it appears that the product development is finished to the point that it can be placed into production model vehicles.
This is a big difference.
I would have to believe that he was...
quietly asked to consider to come aboard, and thought better of it.
Are you thinking that it would be a good idea?
What it means is that it is time...
for the investors to finish getting any additional low cost shares to average down their costs; for the investors to finish up with any planned ROTH IRA conversions; and it also means that the shorts will need to cover their naked positions soon.
So, let's see; a 22 second lead on...
a track that takes 66 seconds to loop; the second place car couldn't complain about bad air as the leader was one third of a lap in front of him.
It must seem weird to be running in second place on a track when you can't even see the leader.
Phoenix Performance, John Heinricy in Torvec-Phoenix Chevrolet Corvette for SCCA World Challenge race at Mosport
http://www.phoenixperformance.net/phoenix_performance-john_heinricy_in_torvec-phoenix_chevrolet_corvette_for_scca_world_challenge_race_at_mosport.html
John Heinricy brought his Aquilante Corvette home for an...
easy Mosport win.
John Heinricy took the pole position in the...
Phoenix American Motorsports Chevrolet Corvette C5.
Heinricy will drive #35 Torvec/Phoenix Performance Chevrolet Corvette...
That comment might have been in reference to...
Yes, that is a very interesting outcome ...
However, you must have been too excited about what I said which was "All 20 of the Torsen equipped entries finished in lower rankings than the Iso-Torque."
I had not mentioned that " that non of the first four finishers used a Torsen "; whatever that means, I'm not sure.
The first four finishers very well may have used a Torsen, but if they did, they did not disclose it. The 20 teams that did disclose they type of differential in use all lost in the competition against the Iso-Torque.
I'm just hoping that Hyundai, Tesla, Toyota, GM, Ford, Honda and others, also notice this accomplishment.
On a more positive note, Torvec's Iso-Torque Differential...
was able to spank the old versions of the Torsen differential in the FSAE competition in Michigan. There were (at least) 20 Torsens running in the competition. All 20 of the Torsen equipped entries finished in lower rankings than the Iso-Torque. The RIT Torvec equipped entry finished in 5th place overall in a 120 entry field.
Congratulations to Torvec, RIT and the Iso-Torque patent.
http://www.sae.org/students/fsae2010results.pdf
Some of the experts really like the report...
http://www.zacks.com/research/get_news.php?id=136c1724
Hmmmm.... Isn't it true that Torvec's decision on "accounting for equity transactions, which resulted in the Company providing price protection to consultants" would also create "Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns."
Surprisingly, you left out the most important item...
Infinitely Variable Transmission demonstration without the usual Torvec...
Bad sound quality
Terrible lighting
Shaky Cameras
Raspy voiceovers
Gale force winds
Out of focus images
Etc, etc, etc...
http://www.mobilemag.com/2010/05/14/d-drive-infinitely-variable-transmission-system-is-it-the-future/
Some say it's HUGE, Some say it's BIG...
There's one very obvious benefit for the race...
that you may not have taken into consideration.
You see;
Torvec's new and improved web site was announced...
at the last shareholders annual meeting. That was over three months ago now. It is interesting to see how long something like that takes. The delay must be caused by all the web site engineering changes that had to be implemented numerous times to get the web site betterments worked out and, of course, all the web site testing that needed to be done. It seemed to me that the way it was described at the shareholders meeting that it was just about to be launched within a few days from that time. Now we find out that it will be up to another month before the new web site is commercialized.
Torvec is listed on RIT's website at this...
location.
http://www.rit.edu/kgcoe/formula/pages/sponsors.php
Credit status is never an issue whenever a...
gift is being contemplated or is actually being made.
I just happen to think that a gift of 2,000 Iso-torques is a bit too much for the circumstances.
But to answer your question, Torvec's credit would be inferior to the other companies that you mentioned as measured by the standards that are generally acceptable. However, you might want to keep in mind that it was some of the other companies with the better perceived credit levels that actually went bankrupt, not Torvec.
OBTW, please note that the bankruptcy occured without any "going concern" paragraph in the financial statements of the bankrupt company.
Today's comments about torque steer were limited to front wheel drive cars.
Assuming that GM's front wheel drive cars are included in your statement that:
Those are some very interesting points you made...
First of all, I think we would be better off if the torque steer innovation device in the link actually is a GM innovation. If it were from another company, that could be worse. This device seems to be a "band-aid" to buy some time. There is no way that this device can eliminate or mitigate torque steer to the point that will satisfy a buyer. GM, however, has to do something about this and this device will buy them some time.
I am not really convinced that the Torvec IVT has been passed by. There is significant evidence that the hydraulic hybrids are going to be a solution to a number of automotive applications. The problem, IMO, has always been the lack of an adequate engine control unit. The ECU is necessary to allow the machinery components to communicate with one another in order to have the IVT function as designed. I think that Lockheed has that well under way. If that is the case, and "it is in there", then that transmission will rule the world for the applications that are appropriate.
It, in no way, could be possible that the weather was a deterrent to the testing of the Iso-torque differential. That has to be incorrect.
As far as Torvec not being able to fill a 2,000 piece order for the Iso-torques; that is ridiculous. What makes you think that Torvec had an order for the Iso-torques? What I remember, is that there was a request for pricing on a 2,000 piece order.
Torvec has stated a number of times that they have been securing relationships with suppliers that will have the capacity to provide the manufacturing levels for the anticipated orders. This area of the country has significant levels of underemployed machinery, plants and labor that would be quite easy to re-assemble into a viable working operation that would be able to knock out the required products upon request.
It is ok to "lose your grip" but it should be about different items that they ones that you mentioned.