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?