CurAegis Technologies Inc (fka CRGS)

[fiftycentman]

I agree with DREAD- The US manufacturers need to somehow change the Paradigm you describe - "A working prototype is a start, but only that. Ford and GM for instance would need to work on such a prototype for years even before it was considered ‘concept ready’ by them." In the 70's and more recently they were unable to get on board quickly with the smaller fuel efficient vehicles. The Japanese companies did a great job quickly implementing with quality products.

I can see the need to product testing and proving. No company wants to make a mistake and rush out a product before it has been proven like Pontiac did with it's air ride suspension. The proving timeline needs to be shortened. I think possibly TORVEC has been a little slow because it takes lots of cash to do the required testing. Jim mentioned that they are considering purchasing a Dynamometer to test the fuel efficiency in the bus project. It seems like an important tool like that should have been already there.

Do you think that the extended implementation timline you are projecting devalues the technology? Many have waited a long time for their investment in TORVEC to reach it's potential. Is there a threat that the long timeline will allow competitors to develop and implement different technologies that might be as good or better than those of TORVEC?

The tone at the annual meeting seemed to indicate to me that the time is close for a deal to be struck. I think OSK or SAIC both could implement the technologies quicker than FORD GM or even Toyota.