Hello Lhasa...
In some respects it's apples and oranges comparing the strategies of Torotrak and Torvec. From what I can see, Torotrak has from the start embarked on a licensing strategy via OEMS or the Automakers directly, which appears to tie up the technology for years....thats one way to go and it's a very long one as you know...
Torvec has chosen to utilize the production ready aspect of it's technologies to present them for a few differing strategies...
1) Sale of the entire company in a stock or stock and cash transaction
2) Sale of a technology in a stock or stock and cash transaction
3) Position themselves for the possibility of producing technoligies in their portfolio for direct sale
Dread has made this point before and I agree with it...the Gleasman's experience from the original Torsen puts them in a unique position of understanding what "production ready" really means...does that mean there won't be some tweaks and some QC work done on an acquiring company's end.....sure there will...but I think the "exit" potential for investors in Torvec has better odds for the return we seek...it's been a long route to this point for Torvec as well, but I think, as do others , that the company is well positioned to execute one of the 3 moves listed above...
While none of us knows the end game for either TOVC or TRK, I prefer the strategic route taken by Torvec thus far...
I hope both do well....
