Zendo, this may be due to.....
The fact that they Variable Gear "problem" (which never really was a problem) was essentially resolved at the last annual meeting. This was prior to your divestiture. JG had reported at the meeting that there was an understanding for the resolution. That actually occurred as he had mentioned at the meeting. So that was old news. In order for you to think of the actual resolution as being news, you would have had to have no faith in the annual meeting discussion. I wonder why you would have no faith.
The ICE "deal" was not necessarily a good move for the company. Granted it added to the income and improved the balance sheet. But, keep in mind, that the tech was as good on the day that they released it back as it was on the day that they had acquired it. For the auditors to claim that the asset was impaired, that was pretty silly. If they used the same reasoning on all of Torvec's technology, most of the technologies would have to be deemed to be impaired. The auditor's decision seem to have been flawed, and is best evident by the fact that it was immediately sold for the $5 million dollars (1.5 Million in debt reduction along with the 3.5 Million in sale price) as soon as the auditors announced the impairment. Incidentally, this deemed impairment was part of the 12/31/06 annual report which was prior to your divestiture also.
So, now that the stock price is down, it would be a good time to get back in.
In order for the stock price to really go up, there would have to be an announcement of a commercialization event.
