In all candor....
As I stated on this forum, I felt there was going to be something occurring in Q4 of 2006. Knowing what we now know from the shareholders meeting last month added to whatever number of things going on that they can't tell us about, I have developed a calmness about where this is all heading...... The complexities of integrating new tech into the auto industry cuase things to take a long time. Given where Torvec is now with the entire suite of products refined and ready to go, no debt, momentum in terms of industry visibility, multiple irons in the fire, players at the table....the positioning is pretty close to perfect for Torvec.
10 years of heavy lifting BEHIND them has created an entity cabable of going in a number of directions. An acquisition would be great...commercializing a few of the technologies with manufacturing partners would be great and provide something more tangible for the market to value the comapany by....given the apparent amount of activity going on, I beleive we are in store for some type of event that will be better for shareholders now than had it occurred a year or two ago...the elapsed time has allowed for the company to be in a stronger position to obtain fair value for their tech, which translates to fair value for investors....when will it happen..? when it happens...given the complexities of a player evaluating the tech for lisencing or acquisition, add to that the mountain of paper that the lawyers will create and you have a recipe for this stuff taking longer than we as investors would like....
As I said, I have a very calm, comfortable feeling about where this is going to take us and frankly, i don't care in what order it happens...I would suggest that commercializing one or two of the techs would create an intermediate, sustainable value rise that would position the share price in a better range to justify what a major player would need to pay to buy the whole thing...it's easier to tell your shareholders we just paid $27 per share for Torvec when the stock is at $15 than when it's at $4......
My cystal ball on "when" has had to keep re-setting itself (LOL)but I think that is a very good thing because the "wait" has produced a product that is better and stronger to sell to the marketplace in pieces or all at once...
Onward.....
