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Re: Leitrim post# 11761

Thursday, 06/07/2007 9:40:54 AM

Thursday, June 07, 2007 9:40:54 AM

Post# of 35337
You're speaking my language...

The "no debt" nature of Torvec is truly amazing....the clean up of the Variable Gear item on the balance sheet is another example of how Torvec has managed to get the company positioned for the future, tech ready to go, and did it without debt....and while I'm not a financial wizard, i believe the expenses accrued to date since the inception of the company can be used to offset earnings for corporate tax purposes ....I agree Leit...our day is coming...


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