Maybe there is value in the patents and this is a way of buying or controlling them. Fist they sell nothing, then they stop business and go chapter 11. As I understand it the only thing left is Chapter 7 and a dissolution of the 'business' and sale of all assets. I wonder when that will happen?

Makes sense. Doesn't seem to matter if they suspend business or not. This company and management has been one of the walking dead for the last couple of years. The fact that managed to stay about the same without any management, says it all.

They must be on some kind of deadline to either do something under Chapter 11, or they go into Chapter 7 and liquidate. That's my understanding of the process, but that is based on PCI going out of business 30+ years ago.

You are right. Jim wasn't kidding about burning money in the driveway.

I know we had a bunch of Iso-Torques or at least the boxes for them. I thought we had a lot of the watches manufactured. I wonder what happened to all that stuff? I guess if there isn't a marketing plan or salesmen to make it work, it doesn't matter how many things you have.

Some hard life lessons thanks to this company. Now we see the final act. My previous chapter 11 experience was with P.C.I. I left before the final 'sell the furniture' closing and was just a former employee. Same situation with J.A.M., Visual InSietz and elementK. I should know the drill by now, but this debacle is the first one that I rode into the ground.

With Torvec it seems certain that they will not get back into business or partner with anyone. So what happens to the patents? Auction or part of a settlement for 'prime' stockholders? When will the final dissolve of every thing related to this company happen? I think chapter 11 goes to chapter 7 and then it is completely shutdown and the stock ceases to exist in the markets. Is that correct?

Unless the rules changed again, I think the next thing for common stockholders is, add up the price per share investments over the decades and your accountant writes it off next year or years. Nothing else can be done with this dead horse.

For reasons of ego DK had to 'invent' the bracelet. He couldn't be bothered to do the hard work or creative thinking to sell the diff or the pump or any of the other patented auto related things Torvec had. No, HE had to push that aside to make way for HIS great idea. All that money and time spent on making a better watch than Apple. Like that could ever happen, but he sure had the right bait. Some sort of pre-production testing by JetBlue. Other companies interested, etc. All b s. Then to top it off, a spectacular interview on Cheddar. Crafted by the fantastic media gurus from Miami. What a collective delusion of Torvec management. Renaming the company and letting the kid drive the car right into a tree.

I deserve this ending for being a naive dreamer instead of a realist. That and being greedy. 20 years of doubling down on lies I told myself about what was right in front of me. Lessons painfully learned, but it really should not have taken this long to see all of it for what it was. The little videos where cool, the FTV pulling the Jeep out of the mud, Watkins Glen Corvettes, etc., but having cool equipment means nothing if you don't have a salesman and the strategy and management to make serious money from the metal and the investors never had that in 20 years.

Worse than an inept failure. He ran an automotive engineering company into the ditch over a 'bracelet' idea that was dead before it started. How much time, money and shifted resources did that nightmare consume? On the heels of committing years of effort and a lot of money to one company that had no consequences for walking away from the pump. What kind of 'businessman' does that? Bitter lesson learned about engineers trying to be salesmen and salesmen trying to be engineers.

Probably the only realistic plan left. You might want to check in monthly, just to see if somehow a company can exist with stock worth a penny and zero income or investment. When it finally dies, we will all be forced to calculate exactly what our write off is for this flimflam.

Penny stocks can have huge potential, IF the .01 price is at the BEGINNING of the run. Torvec/CurAegis/Cur only made one mistake. They went in the wrong direction, but I have faith. We will hit .01 before 2021, and then the rebound!

In spite of this experience, I hope some of the most optimistic, determined, dreamers I know have a nice Holiday in spite of these bizarre times. Enjoy the season in the best way you can. Merry Christmas and Happier New Year.

As pathetic as this is and it is pretty pathetic, at least someone might do something with the decades of effort. It sure is apparent that the DK era of leadership had no idea of what to do with anything auto related. It will be stunning if the stock ever trades at over one dollar a share, but almost anything is better than what we had after the stock fell below a dime. IMO

Great story of what motivated a smartwatch app, how it was created and the eventual payoff. Just posting it to show that the idea can work.
https://www.npr.org/2020/12/06/943647610/he-designed-a-smartwatch-app-to-help-stop-his-dads-nightmares

You got that right.

You are absolutely right. It has been a doomed waste of time from the moment DK brought his bright idea up at a stockholder meeting. At first a weird sideline, then a vanity project that consumed the company. DK ran Torvec into a brick wall. First with the 'done deal' attitude with the still unnamed pump OEM, then his unoriginal pipe dream of beating FitBit and Apple at the smart watch game. Delusional.

It is sad to see stuff that worked well for prototypes, the IVT in the Dodge truck, the Iso-Torque in the Nissan car and the Corvette race car, the FTV that had several innovations, the NASA differentials, swept aside for a stupid watch that never worked. Decades of development and testing, wasted. Too many engineers and not one decent marketing director or someone skilled in deal making or partnerships.

They somehow managed to imitate the worst parts of Kodak and Xerox. When is this thing going to bleed out?

So when is the company officially dead? As in dissolved, doors locked, and every patent and prototype impounded and sold off. I've been close to companies going out of business, but never left holding the bag until this fiasco.

Does it have to flatline or will we watch it go below 0.00? If that is possible, I have faith that management could at least do that.

Fantastic. We now have a management leader who doesn't seem to understand the unique products CurAegis/Torvec has taken 12+ years to develop.

He is reading about Einstein and high level physics when he should be reading ANY book on sales, marketing, promotion, something connected with business. Steve Jobs on marketing or product development, How to Win Friends and Influence People by Dale Carnegie. Maybe start with The Little Engine That Could. In a very strange year, CurAegis manages to be even stranger.

That's tragic. To be dead in the water and to have zero updates about plans, says it all about the current management. Pathetic.

Somehow this long experience reminds me of the joke about asking three people what would make them happy. The last person was a Russian who said, 'I'd like to see my neighbor's haystack burn.' Makes no sense,pointless displaced pain, but looking at a freaking .05 per share, I sort of understand that Russian guy. When this thing finally tanks, we really do need a send off party, but no cookies please.

Boy I wish I was wrong, but the lack of anything other than a wallpaper change on the website, seems to indicate that not much is going on. At a nickel a share you would hope for some sign of life. Try something, do something. What have you got to lose? You have a pump that could be put into something to show it's advantages, do it. Social media can spread a message, a video, a stunt, whatever. The new hires don't know this?

Did anyone see any marketing of the bracelet? I guess everything is insider to insider sales effort with this company. Does anyone outside of stockholders know anything about the bracelet or the pump? Years ago Jim mocked the idea that the public needs to know anything about Torvec and that tradition of being a very small, very niche company continues. When your strategy of only talking to industry insiders fails for more than a decade, and when you do backflips and make agreements that tie your hands for a payoff that never comes, maybe you need to try the crazy idea of telling as many people as possible about your products and talk to as many manufacturers as possible.

I remember the meeting when DK explained why is was so great that CurAegis was shutting out a lot of small manufacturers and focusing on less that 3 that were the 'right' size for the fantastic pump. That worked out great and it only took about 3 years to discover the entire effort was a waste. Maybe don't prejudge anyone next time. Maybe go with anyone who commits. The engineer I talked to after that meeting was very confident that the dyno testing and computer modeling had CurAegis ready for anything the OEM wanted. It's obvious now that the OEM was stringing them along. Well if that was the case they should be very happy with the stock at a nickel. NOW any offer they make to buy the company won't meet much resistance. That was part of the discussions with the wonderful OEM, they inquired about 'just buying the company.' DK didn't want to consider that because so many great things were going to happen with this 'partnership.'

Unfortunately for us I think they will just wait till CurAegis is totally dead and then buy what is left. Maybe they just took all that data and all those test results and made their own version of the pump, with enough tweaks to claim it as their own. If you are going to invite a lawsuit, going to battle with a company on the edge of going out of business would be the way to go.

But what the hell do I know? I was stupid enough to buy into this and defend it for over 10 years. A tough way to learn to be careful who you trust.

I think the all in bet on the mystery pump OEM blew up when they walked away after the 'special for them' prototype didn't do what they wanted or they weren't really serious anyway. With no sale, DK didn't seem to have ANY other cards to play for the pump or any special parts from it like the seals, which were supposed to be super special. Nothing for a pump that was in development for over a decade. What kind of salesman drops everything after one client goes away? No money to make a phone call? That thing had reams of data, a truck testing, dyno testing, etc. and it is dead? Nothing from R.I.T. or all the other connections we kept hearing about? There is no salesman anywhere that could sell one pump to one garage anywhere to modify one machine to show feasibility? No. Over a decade in development and it sits there. What great leadership.

Well, we have the bracelet to replace the pump and all things automotive. We ordered and maybe paid for a lot of watch/bracelets, and by we I mean the stockholders. Surely we would not have ordered so many without clients ready to receive them, right? We had 200,000 onboard for them, remember? Nope. Just another mistake in judgment. As stockholders we paid blood for our delusions. Apparently we also paid the officers of this company to be delusional about how to run a business.

I was wrong. Things are happening. Their Facebook page mentioned they updated their profile picture.

I like your optimism that they aren't brown bagging from home. You know even if they had some sort of non-disclosure agreement for some sort of testing, they could release a general announcement that they are 'working' with someone. That's all. Just give us a crumb to indicate there is any effort at all to do anything.

I've seen the death days of 4 media companies in Rochester. PCI, JAM, InSeitz and elementK. Not counting Sportraits since they never sold anything. You would think I would have seen it coming with Torvec. Denial and the old 'this time it's different,' stupidity led me to believe people knew what they were doing.

All these companies had some things in common. Feast and famine financing, redoing projects and not charging for the effort, extending credit/postponing billing for deadbeat clients just to have work in the shop, investing in equipment they could not really afford, depending on one client, opening branch offices that did nothing to add to profits, I'm sure there were other things, but the killer was believing the sales projections of a few people without really examining those projections or having a plan if the 90% sold client goes away.

Sorry about this. I guess I had to vent, but upon rereading I'm afraid I'm reminded of the front end of a Shakespeare quote, Life... is a tale told by an idiot. I guess maybe the best thing to do is embrace the suck and move on. I wonder if there is any way they can survive till 2021. Oh well. eom

I have no idea if the watches are finished. Pretty sure this investment is.

Management doesn't seem to have a plan for moving forward. I wonder what they do week to week at headquarters? The virus sure is an easy excuse to do nothing these days, but businesses that are fighting to stay in business, are doing many innovative things and using media to promote their services and products. Even as they deal with a massive hit in revenue and change of retail patterns.

IF they paid for lots of watches, what would they have to lose if they gave the staff of one of the local hospitals a watch and teamed up with RIT or UR to do a study and show the benefits of using CurAegis? When your stock is a nickel a share what have you got to lose. Hail Mary, swing for the fences, do something bold. Bold, in relation to every other marketing effort this company has done, which has been sadly lacking.

Well, just a thought. With zero updates and nothing in the news, I thought someone at CurAegis headquarters might want to follow up the many Federal Contracts that happen every year. May not be anything CurAegis could bid on, but keeping missile crews at top performance would be the kind of thing the Armed Services have as a high priority.

While we wait for someone to do that, aren't there a LOT of finished CurAegis watches sitting in a storage locker somewhere? Also I'm pretty sure there were lots of Iso-Torques in labeled boxes ready to be sold retail. What happened to all these finished devices? Just wondering. EOM

A-10 Pilots do retire so they have to train new ones and for that they need target vehicles.

Here is an idea. As I was starting to look for other government projects outside the US Mint, I found the link below as part of S.A.M. which is the path to go thru for getting a Federal Government project, once you are registered as a Govt contractor. Not that much to do, notarized forms, DUNS number, but all very doable. Takes a couple of weeks, but then you can bid on gov contracts.

I guess the pump has been tested enough to try and sell as a production part, but it would have to be a DARPA experiment. The Air Force stills has the FTV, so someone at CurAegis should be able to find the government forms associated with that. They must have done all of this in order to sell the differentials to NASA. Anyway, I wasn't thinking of that when I saw this project. This seems like an area the CurAegis watch is made for, keeping US government personnel at peak efficiency for critical missions. This link might be something else, but IF it is and IF someone isn't already working to find a government contract or program that could use it, here is a starting point -
https://beta.sam.gov/opp/9ef6e22bb6de492590fec6208857be51/view

"well-versed background in helping businesses of all kinds achieve growth." Really? I hope so and I hope she can get the stock to be at least one dollar per share. THAT would be impressive.

Thanks. I'm working on it. The selection process is multiple layers of different interests, but I'm learning patience thanks to the decade of Torvec/CurAegis 'development.'

I hope they become superstars and do something to reverse the past year for CurAegis. Pretty low bar so any news would be welcomed.

Thanks. It is exciting to have the possibility of creating something that most people will use daily, as in circulating coins.

I was hoping that idea of widespread common usage would happen with one of the Torvec inventions. Not sure there is any chance that will ever happen and I think there will be even less chance of the CurAegis watch or software will amount to anything. It would be nice if they still have a software engineer who could take the medical data collected by CurAegis software and tell the wearer if they have Covid 19. Probably a good guess that every smartwatch maker on the planet is already working on that.

I could be wrong. If I bought Torvec stock thinking it would increase in value, maybe me thinking it is hopeless will make it get back to $3. a share.

I agree. It is too bad nothing took off over the years. The devices and the testing really seemed to have huge potential. I had several conversations with one of the engineers after stockholder meetings and he was excited and confident, but I'm guessing he is working somewhere else today.

I hope I can sign something for you someday. If I can keep being invited to work on projects it could happen. We will see.

Thank you. All of the A.I.P. Artists agree.

Thanks. It has been a wonderful experience. Very challenging in many ways, but I welcome it.

Maybe someone at CurAegis will figure out how to sell a patent or a device and make all of us happy. Seems like long odds at this point, but unexpected things do happen.

I defended this company for years because, like a lot of long termers, I was excited about the technology. I thought they had experience and a track record with the Torsen, but too late I realized that was Vernon. Still, the NASA contract was real, the videos of the Z going up the snow bank and the FTV pulling a 4 wheel drive Jeep out of the mud and fording a deep stream, were real. The dyno results and the Ram truck looked great, the Corvette with an Iso-Torque and Hennchey driving was fast, etc. It was easy to believe one of these things, something, would break out. I was so delusional that years ago when my financial advisor scoffed at Torvec, I ignored his objective questions about how realistic it was to think the company would ever be profitable.

The bitter lesson here is that engineering is only part of the formula for success. Whatever advantages any of the tech might have had was worthless without someone to market it and sell it. 12+ years and they never had that. The proof is a stock struggling to be worth a nickel a share.

Too much dreaming with this stock and that hurts, but nothing new happens without a dream to start. In hindsight I wished I had been more objective about all things Torvec or kept my investment to a much smaller driveway bonfire. Congratulations to the critics over the years. They were right. I was wrong.

I have to end with a more personal vent. Years ago for some reason a poster decided to school me on the subject of Art and my work in particular. They said I didn't know what Art was and that what I did wasn't 'Art.' They offered to explain to me what was real Art. Bizarre, but everyone is a critic. Artists usually have more than enough self doubt and that comment was lurking in the back of my mind for years. Then in the Spring of 2019 I was selected to be one of 27 A.I.P. Artists contracted to create designs for the United States Mint. It is a great honor to submit designs for circulating coins, medals and collectable coins for various Mint projects. I've submitted about a dozen designs so far and some have done well in reviews, but nothing has gone to final production yet. Each project has multiple artists working up designs that then go thru several reviews. One of the veterans told us it took him 3 years to finally get a design selected for production, so we will see how it goes. I only brought it up because of the earlier attack here and to finally end my Torvec experience with at least one bit of great news. IF I get some design produced, I'll be happy to sign a letter for the coin or medal, for any long suffering stockholder, for no charge. It won't do much to offset the investment loss and it might not ever happen, but you have to dream. EOM

He has nothing to update. They have no idea of what to do. The tell was actually building an inventory of watches with NO place to send them. What the heck was that? Same with retooling a new prototype pump for the mystery European OEM. You do that for free, with no other companies in the mix? Anyone who does any significant home improvement gets at least 2 bids. Sadly, I thought the leadership had enough experience to see the potential problem of committing to one company.

I can't be too critical of boneheaded management decisions. After all, it was me who was dumb enough to buy Torvec stock and then hold it and hold it, till it actually traded for one cent. That will happen any day now.

I don't know about that. Right now, after watching all the automotive tech/effort be thrown out the window for the watch wreck, I'm sure many investors have come to the same sad conclusion.

I kick myself for not seeing the same old story of People in love with an idea, spending a lot of money and time developing the idea, but putting zero effort into the marketing. They never had that. Partly because they kept shifting direction and partly because they seemed to think, It's so great, the buyers will come to us. Maybe it was great, but it does not matter because the sales/marketing effort failed, big time. The smallest comfort at the end of this endless waiting room experience is al least there is a write-off for it.

Another watch - https://forex-valuta.club/v2/ecom/en/koretrak1/index.php?key=ox3ywtzrp0fsbgcqy38s&adset.name=11X1&ad.name=11X&ad.id=23845287797560651

From the website - ? Sleep Monitoring - Measures the physiological signals of your body, understand your lifestyle

Don't worry ours is still better and we have those hundreds of thousands of customers... somewhere.

Well they should have plenty of data, videos, prototypes, but I'm not sure they ever had an actual marketing campaign or professional sales effort. Jim thought he knew everything about sales and engineering. He didn't see any reason to talk up Torvec before they had a tested product. Then they had tested prototypes, and data and a dyno, and more data and prototypes, but zero marketing. Then Jim died and everything went free fall for years. Still no plan, no marketing. Then Kaplan. Now we will see marketing and a plan. You know the rest. All of it one big hairball.

Of course my opinions are worth less than someone who has never heard of this company. They didn't lose any money with Torvec and if they had invested, many of them would have been smart enough to have a stop/sell limit on their investment. So even if I had the answer for why we are set to dive below a nickel a share, 'what difference, at this point, does it make?'

The watch is dead. Will never compete with Apple. Hard to believe no other pump manufacturers are interested, given the testing data and a testing pump available. All the patents are worthless? The seal designs are worthless? Maybe every hydraulic pump is going to be replaced by an electric motor or something. Whatever the case it doesn't seem like CurAegis pumps will be in any machine, ever.

IF I'm wrong it would be a great time for a press release by management to explain any movement whatsoever for any non watch tech. Maybe the painful truth is the skeptics were right. All the testing, all the demos, all the prototypes were less effective than the tech they were trying to replace. Either that or management failed to do their job, for years.

What can I say, we collectively wrapped the car around a tree. One of those unfortunate things. The good news is I don't think there will be any reason to visit this board next year.

Jim was right about one thing. It really looks like a bonfire of every single share we bought IS going to happen. Not in our driveways, but in the digital world where invested dollars turn into a penny.

With all the testing, the racing, the more detailed testing, etc. I really thought at least one of the automotive inventions would be saleable, but here we are talking about a watch that will never be able to make a dent in the tech world. If the auto related engineering was workable they weren't able to sell it. Excuses, blame, doesn't matter much now. A real shame.

Saw this smart watch from another company. I do believe in miracles, but not this one anymore. Before filling taxes next year I think it will be time to total up this 'investment,' and see how much to declare as a write off.
https://coinmarkete.club/v2/ecom-fb/en/smartwatch2/index.php?key=nrgty9c9m09c1me4aosp&adset.name=6X1&ad.name=6X&ad.id=23845357124710636