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I'd hate to think
that they would stall or delay
a material anouncement on a name change.
would be kind of a lousy thing to do some
patient, at times suffering shareholders- some
of us having parked a meaningful chunk
of $ here for 15 years....?? I don't think
we're that close... Why do I say that? Well,
I've been here 15 years....:)
Thinking out loud here..
What's the probability they sell the watch
tech without ever making it ?? Not saying
I think they will or even if it would be good move. Hot Technology
with potential revenue stream- I bet they'd get suitors..?
All thoughts welcome.
Re: 10K
"... but sadly the pump doesn't appear
anywhere near marketable.."
Oh do I ever hope you're wrong.. But the vibe
I get is he is so fired about the Watch, that
The pump isn't gettin equal time.. I don't
care what they monetize , but God please,
something this year...?!?!????
Thanks for your thoughts
Art guy- that 900k share purchase of DK's
last week gives me hope that he may finally
think he's got something to work with..?
Ortherwise why pull the trigger now..?
So what will happen, and
any educated guesses as to when
as far as announcements go with either
the pump or the watch/Z-Coach software
that will move the needle on
volume, and share price..?? Figured
Some of those big brains in Belgium
would bite a little...?
Hope this Conference helps marketing
this new product. Like to see us
On the Nightly news...and not just
In Roc..
Despite my internal angst,
I did buy a good chunk ( for me)
@. $.12 - like doubling down- not
For future glory- more to help offset the
Agony... So we'll sit a see how it plays out.
We're good at that. Concerned about the
Pace of the pump..This watch seems
To have garnered a lot of Kaplans
Attention..Don't care what moves this
Stock .
I pretty much agree
with that take Art Guy. The silence
on the pump's progress is in keeping
with TOVC history. There comes a time,
A few years back for me, when I lost
any passion and trust in these technologies'
promise. It's one thing to be prudent/patient.
Now we're all hostages. Years roll by and
We're getting still "getting ready to get ready"....
-
The watch
Seems to be were they are pinning all their hopes
Via their new hires
efforts and resources.. Makes one believe what
we were told last year " the pump will
Be the company" may have been slight
miscalculation.. .. So does the pump join
the FTV, the IVT, the CV joint, The steer drive,
Ice technology etc et al on the ash heap of
unrealized shareholder value.. My guess
Is probably...
Maybe 2016 ??
will be our year. Been saying that since 2000, why stop now?
I don't need crazy..$3 a share I'm happy- anything north of $5 I'd be ecstatic....sooner or later they have to sell something to someone????
In a few weeks, it'll
mark 16 years waiting ( albeit sometimes
not too patiently) for this company to transition
from development stage to some type
commercialization. At this
point I expect nothing, and will be grateful
for anything.???
Had to get from 104 to 490
the other day so I cut down Mt. Read.
At 8:45 in the morning, there wasn't a single car
in the Torvec lot. Not one. Certainly not indicative of
the true state of development, but for a 15 year shareholder
it didn't fire me up that there probably wasn't a single person in the building "working 24-7" to help "create shareholder value."
I don't need a watch to tell me I'm tired of the same old thing.
At the Annual Meeting,
before I left anyway- I remember
Him saying he thought he would
Have something " to sell" in about three
Months . That would have been the middle
of last month..( they hate when you remember
Those public prognostications...).
Alas, we're where we've been since
My first year as a shareholder (2000)....
"Getting ready to get ready".. The more things
Change the more they stay the same......??
You have every right
to have that degree of
skepticism Dino. We've
been here a very long time. We've
seen so many opportunities explored
then pitched. We've been misled a
multitude of times on the state of product
development and outside interest level, only to
have projects abandoned with barely a whisper.
They label us negative and call us naysayers
when all we do is remember TOVC's historical
patterns. The truth hurts but it also sets
you free. I'm not looking pie- eyed for some
Home run - just hoping for a little liberation.
Still laugh but not much about
TOVC anymore. That was the CV Joint
you were getting nostalgic about. DK
has a certain fondness for academia
in addition to the Roc heavy hitters club?
I could give a rats a$$ who is consulting,
for the tech and their pedigree- Hire
someone who can make and sell something
to somebody..( I can't eat "algorithms, platforms
metrics" etc insert your own favorite buzzword
of the day...) drive the share price- maybe that's
Happening but it has to be real or it's .10 cents in
A flash..
The hiring of CFO is encouraging ( she
Must feel she'll have something to do?).
The name change is probably a plus..
Face it as a shareholder, we may as well
have been " Flat Line Technolgies Corp."
the past dozen years..
The pump is "behind schedule-"
Who could've called that...?
Careful paying attention
between what they say & do. There
is a serious disconnect , particularly
when you factor in the "when". That's
been the case since Day 1.
Ahh the old Torvec caveat..."in the
near future"...funny thing about the future
It never comes...
Running..? We're still making our
way from the paddock area. Plenty
of ticket holders have moved on
To the next Dimension before ever hearing
" and they're off"..
There is close to 2 Billion dollars between the
BOD and "friends of the BOD" . If they
Truly believe The WAM watch is a
"Can't miss", they could buy all the
Necessary requirements to productize this
By passing the hat @ a Board Meeting..?
Exactly..
his most memorable move has been picking up the phone and saying "Hey Tom- need a favor..." don't get me wrong, grateful he did- or this would be toast. Still waiting for this marketing savvy to yield results.Can't get myself to head to another Annual and hear the "Corporate Speak"..At least Jim was entertaining. Oh Yeh and DK hooked us up with Wesley Clark..That was a home run..wonder if anybody ever met him....?
True:
Hope he's got him on speed dial, for I fear
he's gonna need him some more. TG's charity
usually yields more tangible results..I hope
he grows impatient.
Sticking with the sports analogy...
I've been a season ticket holder for 15 years. I've earned the right to bitch a bit about my team's performance ? Not make the playoffs? we haven't won a game ! Why not sell my seats? Well it's my money- still have some belief in the players ( Tech), not overly impressed with the GM/Coach ????
A quick review of recent events (last year):
Chief Technical Officer resigned, Chief Financial
Officer resigned for another position. I recently
was advised Corp Counsel "retired" about
18 months ago but is still available
to assist with regulatory issues for those
wanting to sell stock...I'm no rocket scientist,
but these things get me to believe there is
nothing imminent on the upside..??
If History is any predictor, they'll
probably push everything out another
Year. 2016 will now be a year of further
development/refinement with "meaningful
revenue commencing in 2017". After 15 years
patterns are pretty much established.
That was my only bone
of contention with Ole Jim- just cause
he believed certain things didn't mean it
was a fair and accurate representation of where things stood.
And the BOD, Counsel sat and watched him pitch
fairy tales.Over and done- but if properly informed which was
our right as shareholders- maybe we could have bailed on this
before everything evaporated as nothing came to fruition.
criminal ? probably not- bad business- For sure.
In general, I'm a fairly optimistic guy-
but I'm hard pressed to find much to be
upbeat about Torvec after 15 years. Want to give
them credit for being clever for surviving in some
fashion after all this time? I guess that's a point or two
for perseverance.( Helps when you have rich friends) The reality is after all this time, they still don't have a tested, proven product to sell. Moreover, and you'll see this if you have the stomach to attend another annual Meeting- they have a general disdain for their shareholders- like
we have some nerve for actually expecting sales, share
appreciation...Failures are part of life- You learn/grow when you own yours.
Hey Friend. Hope you have a nice Spring.
The more things change the more they stay
the same: ROC weather,
this roll of the dice. Still serving up the Kool
Aid. I had my fill- just waiting for the Medical
examiner..
Not sure Zendo...
but when Kaplan was brand new on the job, he stated that they were going to work "24-7" to generate shareholder value"..
would have thought we'd have something to show on the balance sheet some 4 years later for guys who never sleep ? I suggest they take a nap or maybe a vacation-maybe they'll dream up a solution to keep the Isotorque from disintegrating during testing....ZZZZZZZZZzzzz
I'm far from Tech Savvy..
yet as I caught the highlights of Apples
new I watch I can't help but wonder how
TOVC is planning on getting any meaningful buzz
on their gadget..APPL's monitors your blood pressure,
so how long before it tells you are kinda sleepy ??
Serious question..They are planning on competing against people who now how to get a product to market.....
( and generate revenue, increase shareholder value..ya know the basics..)
Good God- this is exasperating. We're gonna be
Engineered into an early grave...
The safety watch/bracelet
appears to be a gift from Dr. Desteler- seems to have RIT
connections attached to it..almost as if saying
"If I'm gonna sit on your BOD,and be exposed to some ( albeit slight) liability- you guys may as well make/sell something..here ya go..."..I still don't see this as much of a revenue generator, but as others have said ( maybe Art Guy ?) I'd be happy if they sold a flower planter at this point...
For what its worth:
He better than anybody knows TOVC doesn't need/
can't afford his services/expertise/salary at this point..
The concern is his departure, to me indicates there probably isn't anything on the horizon any time soon or perhaps ever in his estimation- despite the sanitized word speak of an 8K.
I'm with Dino-take anything you hear from this company with a heaping helping of skepticism- they've earned it- no matter who was in charge.
What's sadder still ..
Is this is the the most newsworthy 8k
we've had in the 3 years since we've
had a CEO installed that's in the Rochester
Business Hall of Fame for his marketing
Prowess...I have to agree, he could
sell, oh about 2 million shares (?)
and pick up a decent whip....
Unreal- goes public at $12 a share and almost 18 years
It's a .15 cents..good thing we're not here to
Make $$ but for the greater social good that Tovc
Products will create..(that's sarcasm)..c'mon DK - we DO care
About atleast getting out of here alive- forget enriched..that ship
sailed away along time ago...at least I don't have to wade
Through 17 posts that blame naked shorting anymore...
No this one is the boy who cried wolf ...
Yeh I'll buy that grade..
and the teacher's comments might include..
"Torvec tends to lose focus and seems very subject to distraction"
( you forgot a couple more..CV Joint, Steer Drive etc etc..
If there are...
They either don't follow or post anymore...
I think the bigger issue is that after 15 years they don't make or sell anything....
Leitrim
Agree. If this is a viable product- I hope
to see him make big splash to market it /roll
It out..( outside the bounds of Monroe County
Would be nice.!?).Jim could make the stock
Jump 2-3 points in a day with mostly
fairy tales..!
Agree...if the pump disintegrates
when tested, please have the decency
to tell us so I can take what's left of
my 25k, sell and go to Bill Grays
and buy a Cheeseburger.!!!! You owe me
That much...!!!????