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Re: hebgb post# 10749

Monday, 03/05/2007 11:46:55 AM

Monday, March 05, 2007 11:46:55 AM

Post# of 35337
I read that Torvec is considered to be ‘production ready’. I would like to see a definition of this. -hebgb

Good Afternoon HeBe,
Morning here so I'm assuming it's afternoon where you are.
I spoke with the company this morning to get a better feel for Jim's use of "production ready". His response basically was that as a result of 50 years of experience in the industry, they have a very good feel for what it will take to bring each technology into high volume manufacturing. Every part has been designed with standard auto tolerances in mind, just as Artguy had stated. Nothing customized.

The other point HQ made is that regardless, in the structure of the deal they are planning, namely a stock swap, it isn't like shareholders will be waiting 5-10 years for payday based on commercialization.



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