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It is maddening that we have so little to talk about regarding this company that we have to once again listen to this tired ridiculous boring pointless dribble about shorting.
I think the real question is... Will that announcement drive the stock price up and keep it there for any significant amount of time. I have read it several times and there is nothing in there that would make me sell or buy.
Yeah where are you seeing these buys?
I'm still sort of confused on how this works. If there really is no company left here with no employees how is there still a stock. Granted it isn't worth anything but why doesn't it just go away?
This sucks. We usually see a small bump after the meeting but this time we are just sliding down hill. I thought what little they said was good enough to at least hold interest in the stock but it looks like others are not as optimistic. I bought a couple thousand shares before the meeting and now I'm already at a loss.
Kind of feels like that though. Stock holders invested a lot of money on this company. I understand the inherent risk with any stock but I still believe I deserve to know what is going on with what little is left of this company.
I don't understand how this stock just fell off the face of the planet. No news.... No trace of the company or the crooks who used to run it. I don't get it.
Used to be live play by play of the meetings. Not a peep tonight. Wonder how its going.
Kaplan said in his last CEO update they had a goal of 90 days to improved their durability so they could start shipping product. Hopefully end of this month we get a nugget to keep everyone interested. I still have faith in this guy purely based on the fact he seem honest.
I bet he does have a clue. I guess we will have to be patient and find out.
If you look at the website there is a quote from Hyundai right at the bottom stating they are developing an isotorque.
Gleasman blew every deal he ever started because he was a great engineer and the worst salesman on the planet. He thought he products were perfect the way they were and expected people to give him billions without having to prove anything to anyone.
Kaplan knows this isn't worth anything until he has a product he can stand behind. He is smart enough to know he is a great business man but doesn't know anything about engineering. He has surrounded himself with the right people.
I agree with you this could be another year or so of waiting but I don't think it's fair to compare gleasman to Kaplan. Shame on me if I'm being fooled all over again but this guy makes me feel like my money is in good hands and for that I will sit here patiently for a few more years and see what happens. If this goes to 33 cents again I'm going to buy TONS.
I feel like this is comparing apples to oranges. The old CEO was a bold face liar. The new CEO has a background with success and no real reason to lie which is why you are disappointed in the update. He isn't stroking you he is telling the truth. I don't understand how you can be upset when he is right on track with the timeline he has advertised all along. I'm sick of waiting too but the reason I'm still here is faith in the new guy. I sold everything I held at the end of the gleasman era and bought it back 10 fold since the new CEO took over. His history says it all.
I think vision and the feeling I'm not being lied to anymore is exciting.
I couldn't agree more. This is an exciting time but patients is the key. The first 10 years of waiting don't count in my book. We have a new company with a new leader and real vision.
This is a joke right? Am I missing the joke? Why on earth would Torvec do something like this and keep it a secret. What benefit could there possibly be to hiding a torvec part in a vehicle that will hit the road in the near future and not tell anyone including investors. Keep the dot connector in the sock drawer because we don't need it anymore. This company has real leadership now who seem to keep us informed of realistic goals, projects, and timeframes. We don't need smoke and mirrors or dot connectors we need patients.
That's weird. When did this show up?
So I'm one of the idiots that invested in psru years ago and beer sold my shares because they were worthless anyway. I haven't even looked at it in a while but today I did and I'm confused as ever. Can somebody explain to me in simple terms what is going on. Is this stock still being traded or is there really no such thing as psru anymore. I just don't follow this story at all. I don't need to get bashed because I know this was a screw up. I just want to know what the possible outcomes are here.
So why doesn't someone just call Torvec or Ford and ask the question? Why is it being assumed that either party is keeping a big secret? Just call them and end the debate.
I recommend finding a new website because the one you are looking at is bogus.
I don't know where you get your info from but I bought those 6000 shares.... they were not shorted. I had a bid in for several thousand more today too but only 200 shares went through... I'll save you the time of claiming those were shorted as well. I havent posted for a long time on here and don't plan on starting up again but your post sparked my interest as I know first hand it was completely false.
I just don't see how you can say we are any closer now than we were 10 years ago. We have gone from nowhere to nowhere. How can you honestly say that!?!?! Every year there is always some new and exciting deal on the table and every year NOTHING HAPPENS. Prove me wrong in that statement. Nothing of any real value to the shareholder ever happens. You have the same attitude I did a few years ago when I still believed all of this. You look at the shiny objects JG dangles in front of you and a giant piano is falling from the sky above you. You also can not in any way say that the technology as appreciated because going from ZERO dollars to ZERO dollars is not a rise in value. There have been no significant deals NONE ZERO ZIP ZILTCH NADA. I don't think that having hope is a bad thing but people sitting here saying "we are closer than we ever have been" is really starting to get on my nerves. There are years worth of evidence that this is going nowhere and there is NOTHING NOTHING NOTHING at all that says any of this stuff will ever pan out. If there are any new readers reading this board today looking to get into this stock please do some research and realize that you can not take any of the pipe dreams this company has layed out seriously. We get promised great things every year and get let down year after year and slowly but surely the longs like me go from optimistic to just down right disgusted. Maybe I'll stick around for another year reading this board purely just to see what kind of tune LThold and Allnumbers are singing at next years meeting when jack squat happens again this year. I have said my peace and typing on this board just makes me more angry every day so we'll see you all in a year at the next meeting.
It's not very often I hope that I'm wrong, but this is one case where I wish I was. I have been hearing that the meeting was a carbon copy of the last few just like I guessed. No deals, just hype and empty promises. Very sad if you ask me. This company has great potential and seems like they are just flushing it down the drain. Just sad.
Very well put dread, but to help you fathom how it is possible there is no ink on the paper think of it this way: if the boy (TORVEC) who is crying wolf (MAJOR DEAL) has been crying wolf for 5-10 years how does the boy get attention? Thats right he yells and screams louder to desperately get peoples attention (Reference last CEO update). I hope there is ink on the paper but we could just have a two year old kicking and screaming on the floor trying to get his final bit of attention before he is ignored forever. Time will tell. I will not be shocked if tonight we hear "Well we didn't get as far as we thought in the last month but something is right around the corner in the next few months" followed in a few months by "We believe in the beginning of 2010 there will be a major deal" followed in a year by "2011 will really really be a great year" etc etc etc etc.
I don't understand how you can say if it isn't this week it will be "very soon". We have been hearing that same tune for too long now. If it isn't tomorrow then JG had NO BUSINESS MAKING THE STATEMENTS HE DID. PERIOD END OF STORY.
In this article it sounds to me like it is being designed and tested right now and is not currently in use. I'm well aware of this technology but I personally can not find a place where it is being used (for commercial power distribution). I'm not sure what your electrical background is but this article is leaving out a major portion of this puzzle which is how they convert the DC back to AC. They talk about the transformer that changes the voltages but converting from DC to AC on this type of scale is very expensive and can be very complicated depending on how they do it. Anyway in my opinion this is not and will not be the predominate technology for a very long time (in the USA). If however they were to run these power lines above ground and in a snow/ice prone region then I certainly would want to have a technology that could get rid of the ice. On an extremely long run like that it could take weeks/months to get to the lines to repair them. I would hope they would run them underground but that would be very expensive. Anyway have a nice sunday.
Looks like its just a new idea and a great solution for people like me in northern NY who get ice storms several times a year.
Also there really is no such thing as a DC power line, at least not to the best of my knowledge. All power plants in the US produce 3phase 60Hz AC power anywhere from a few thousand to a few hundred thousand volts.
I'm sorry but are you trying to prove my point with that one? Seems to me like a big pile of crap that probably made the stock price go up and nothing ever came out of it. Thanks for helping me out with this one. Why don't you quote me something about the school bus program next... that one will really hammer my point home.
On a non sarcastic note I do like blue herons point in the previous message regarding that JG doesn't want a penny less than the company deserves and honestly I don't blame him one tiny bit. While I would like to cash in sometime in the next few years I really can't blame him. Still doesn't change the fact that the snails pace we are moving at gets frustrating.
All I was trying to say with the coin flipping analogy was that there is no data to support either argument. The whole company could sell, we could make a production deal, we could sell one IVT, or worst of all nothing at all could happen. I'm saying there is no data at all that can tell us or even allow us to make an educated guess as to what is going to happen.
Also, I don't want Torvec to sell anything, including the entire company, for a penny less than what it is worth. I don't want them to give anything away. I don't know where you got that but sorry for the confusion.
Lastly it seems to me that implying a "watershed" even is going to occur means something big is going to happen that will make investors happy. The way you define it is exactly what I fear and exactly what I'm saying I don't want to happen. That would officially make it just another empty promise if he is saying "hey we are involved with the JLTV so something may happen in a few years". That is not a turning point that is the exact same place we have been for the last 10 years... sitting and waiting for the next CEO update of what "could happen".
Allnumbers... I don't understand how being involved with the JLTV would be a watershed event. I think it would be a great leap and a great opportunity but I would not call it a massive deal that would send the stock price soaring just yet. Being involved would mean they make a few parts for a prototype and we would still have to sit and wait a long time to see if whatever group we were involved with (assuming we are even involved in this project at all) gets the big contract. That would be a watershed event. I'm going to stop saying watershed now because I think it is mildly stupid. Anyway I think merely being involved would be more of the same old stuff we have seen over the past years. TOVC says they are involved in this great project and nothing at all ever comes out of it (if you need specific examples of that or facts as you like to call it I would be more than happy to provide them for you). Let me make it clear however that I have no "facts" that say TORVEC isn't still working on every project they originally were and I hope with every bone in my body that they still are. All I am saying is that history has shown to me IMHO that TORVEC announces they are involved in some great project but then end result is years go by and the stock price goes up then back down a few months after the CEO update/SEC Filing.
I also seriously disagree with you that this deal is "not likely to be a purchase of the entire company". We have had so few "deals" or "licensing agreements" in the past that making your claim is like flipping a coin once and saying because it lands on heads, that is all it will probably ever land on. We have no way of knowing what they are up to right now. As always though you are entitled to you opinion and I'm entitled to mine.
I do however seriously admire all the people on here that are keeping the faith and trying to keep a positive spin on things. I know I can get pretty negative sometimes but that doesn't mean I want this company to fail. Maybe I'll try to jump back on the positive wagon but I'm just having a really hard time with it right now because it just seems like history is about to repeat itself once again. TORVEC PLEASE PROVE ME WRONG!!!!
Just to clarify I don't want to speak for anyone else on this board. That isn't what I meant by my previous post so don't take it the wrong way. I forget how sensitive people get about torvec and this message board. I wish everyone the best of luck this year and hopefully soon with this big announcement. All I was trying to say was I don't think I can handle another go around where the company leads us to believe something great is in the works and then nothing ever comes out of it (especially when this time they are pre-advertising a big announcement which is obsurd). I'm not complaining... just voicing my opinion which I would bet I share with more than one person here. But on the other hand you know what they say about opinions.....
Good luck to all.
Yes golden shoes, or maybe even platinum. I didn't just want to say "new" shoes because I have enough stock right now to buy several pairs of new shoes. I want solid platinum shoes!
And sorry but I'm not selling a dime worth until I see what this "big announcement" is. I may be in negative land with this stock right now but I've been here long enough that I'm curious to see what happens. I may have my doubts but I'll happily admit it if they make a fool out of me.
I think I speak for all of us when I say "this news better be good". I don't know about the rest of you but if this big announcement is something like an order for two CV joints to NASA or some other nonsense then I will no longer be considered a long with this company. The tone of that CEO update gives me very high hopes and I think because of that I absolutely can not take another let down. I hope the news is big enough to buy daddy a new pair of golden shoes... but if not then its bye bye TOVC for me.
Keep all your fingers crossed.
Yeah you are wrong. The lifetime subscription does not follow the radio it follows the person. There is a fee involved to transfer it however. I believe I paid $75 dollars to transfer mine over... however shortly after that I got a stiletto and when they tried to ding me again I told them the specific part of my body they could kiss. They quickly waived the fee.
New to this stock and this board but I'm here to ask one question. Is this stock a good buy right now. It seems to me that 15 cents is a hell of a buy but I was wondering what other people here think. I mean now that the companies merged how can this stock go anywhere but up if they get refinanced. Maybe I sound like and idiot here but I just wonder what everyone thinks.
Based off of Dino's last message I think its time to remind everyone of something I have said multiple times here.... THIS IS JUST A STINKIN MESSAGE BOARD. I can't imagine the mindset of someone who thinks this stupid board has had any effect negative or positive on Torvec. There are like 50 people on here... give me a break. The surveys are just to get a feel for where this small group of people's head are at. I'm quite confident that it means NOTHING to the company or the stock price.
Two things:
#1 Torvecian I still don't understand how what happened is wrong. Nobody broke any rules of any kind. How is asking for compensation for a service wrong. It baffles my mind how anyone can think that. Do you work at your job for free? Would you open a store or business and give the product away for free?
#2 I could care less who calls or visits TORVEC and I doubt that person will be me because I truly believe my opinions and concerns will fall on deaf ears. My point earlier when I made that comment was that I think the time would at least be better spent calling TORVEC then attacking the moderator of a stupid message board. The only reason I even posted was that it didn't seem like anyone wanted to take his side and everyone was jumping on the band wagon to attack someone who did nothing wrong. So now you ask... could my time be better spent calling torvec instead of sticking up for dread... yeah probably but at least my road may have opened someones eyes. I truly want torvec to come out on top but I guess the empty promises and fluffy ceo updates are starting to get to me because quite frankly over the past few years the story doesn't seem to be changing. There is always something new and exciting on the horizon and nothing ever comes of it. I used to believe there was a lot going on behind the scenes but now I don't... I believe that torvec wants us to think there is something going on behind the scenes. The second they prove me wrong I'll be the first to apologize. It just seems to me that if management was doing a good job there would be a lot bigger buzz going around about Torvec. This company has amazing potential and barely anyone knows about it. I shouldn't be the one to have to teach management this which is why i'm not calling them... plus I know which finger I would get! As always this is my opinion, nothing more nothing less... I love the USA.
Take care everyone
I'm no expert on SEC rules by any means but I still don't see how it is possible that the SEC gives a flying crap about who is the moderator of a message board. Whether someone is being paid by a company to run a message board or not still doesn't change the fact that IT IS ONLY A STUPID MESSAGE BOARD. As far as I'm concerned this is just like if someone were to write a blog. You can say whatever you want here... these are not official company filings, they are not official company press releases, they are not even the pathetic CEO updates we periodically get. It is just a stupid message board. Maybe it violates an IHub rule but I just can't imagine that this SEC give a crap about a meaningless message board that has 50 memebers. If I'm wrong somebody please reference me to the specific page and paragraph of the rule book. I can't believe people are still trying to attack dread for this. If I were to come on here and say torvec was going to hit $50 tomorrow and you go out and buy the stock and lose money.... the SEC doesn't care and do you know why.... because you are an idiot if you believe me. Now maybe if the company paid me it would be a slightly different story if it were not disclosed that I were being paid to run the board... but that is just the thing... dread never got a dime... so we are back to square one. Asking for money is not a crime.... wanting to get paid for providing a service is not a crime. For the love of god people lets move on.
Take all the effort you are wasting on attacking the moderator of a stupid message board and put it into contacting TORVEC managment and asking them why they are sitting on their thumbs watching opportunity after opportunity pass us by. Maybe if the company made something happen for the first time in 10 years people wouldn't be in such a crappy mood on here all the time.
I find it absolutely hilarious that people think dread did something wrong here. The guy spends an enormous amount of time on here and wants to get paid for it.... your right what an insane idea for him to ask for money... how dare he do such a thing. Even if torvec were paying him... which they are not... and even if he were lying all the time... SO WHAT!!!! IT IS A STINKIN MESSAGE BOARD. If you are using posts from a message board as your only source of information for investing then you deserve what you get, good or bad.
I just can't imagine how self righteous someone must be to try to blame a guy for trying to make money. You are either rich, jealous, or just plain ignorant if you have a problem with it. Either way dread has an opinion just like everyone else here and no matter what his motive is, he is entitled to it. Welcome to the USA if you don't like it move to China. This would not be much of a message board if all people did here was connect dots and hype this stock when it does not deserve it.
Ok enough for me today, I need to get some sleep tonight because tomorrow I have to wake up and tell my boss that I decided i'm going to start working for free for the rest of my life because its wrong to make money for hard work.
New to this board but just wondering if anyone else thinks this think could take off like a rocket. I don't remember the exact timeline for phase 3 trials that are going on in the US right now but if this thing goes to market in the US I would think this would be a great stock to be sitting on. I unfortunately bougt at like 1.75 or something but I still feel pretty confident. Am I insane?