CurAegis Technologies Inc (fka CRGS)

[Torvecian]

Some observations about todays released info...

Here are some quotes from the CEO of IMPACT and from the accompanying articles discussing the HAMMER program...

"Diversified industrial manufacturer Eaton Corporation has received a $2.15 million contract from IMPACT Engineering Inc. to accelerate commercial development of Eaton's Hydraulic Launch Assist system technology for a program with the U.S. Army's National Automotive Center." (This occurred in 2005)

From Michael Cummins, CEO of IMPACT Engineering in his letter to Torvec after visiting and seeing the tech...."There is nothing more convincing than to see actual prototype hardware being physically tested in a way that demonstrates your core engineering competencies, your ingenuity, and the veracity of your claims."

and this form him as well..."The subcontract role we are considering for Torvec at this time is one that would involve research funding well exceeding the funding levels available in normal federal government programs for small business innovation research."

So IMPACT hires Eaton for the HAMMER program for $2.5 million. Eaton cannot deliver tech that performs so IMPACT has to go elsewhere to find it. They come to Torvec and hit the motherload. Cummins loves what he sees and wants Torvec in the game....if IMPACT paid Eaton $2.5 million and didn't get the answer, how much is the answer worth from Torvec...? Cummins stated it was very "convincing"....

I would suggest to all the viewers out there that this is the tip of the ice berg on multiple fronts...