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I defended this company for years because, like

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Artguy   Thursday, 09/24/20 12:52:47 PM
Re: 4toSchool post# 34804
Post # of 34927 
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

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