Random thoughts....
I have been going over and over on the valuation potential in my head ( it's crowded in there) and I can see where the management of Torvec and we shareholders are in an interesting quandry......I can do valuations 25 different ways and in every instance come up with big numbers...even using ultra - conservative market share penetration and profit margins, and streching out time-to-market time lines..etc..etc.doing deals on individual technologies or selling the whole thing...regardless of what events occur, the potetial valuations still come out to be big..this stuff is worth a billion or billions over time....
Maybe I'm protecting myself from my own vivid imagination which I have been accused of having for years here, but I'm am still thinking that if a company was going to acquire Torvec, I keep coming up with a discounted present value number in the $20 to $25 per share range, give or take a few bucks...that of course leaves a HUGE up side when we as shareholders choose to hold the shares of an acquiring company while they unlock the true value of the technologies over time...using 40 million shares as an ownership base and your sitting on an $800 million to a billion dollar acquisition, and the beginning of a very nice ROI era for shareholders of TORVEC...I think the ultimate total return really depends more on shareholders individual exit points and long term hold tolerance....based on the information that came out at the shareholders meeting last week, it is more evident to me now than ever before that this isNOT an "if " they succeed situation...it's a "what magnitude of success" will be achieved and realized for those of us who will hold until the story ends.....
I see the same numbers that many of you see ultimately, just not $50 or $100 in a "one and done" type of deal....I hope I am as wrong about this as I ever have been about anything...If the worst thing that happens to us as shareholders is the company does a series of deals that start to produce revenues off of which predictable multiples can be applied creating an ever growing share price which escalates through the teens and in to the 20's with tech validated and a household name in the market place...we are winners....then let's see what a company would have to pay for Torvec....now your talking a whole different ballgame...big numbers....very big...
I ask this rhetorically...when you read the 8k of the prepared shareholder meeting notes, why in the world would someone sell shares of Torvec now....................................?
The future of Torvec and it's shareholders appears to be very bright indeed......
