Artguy - your posts are a joy to read. Very well written and, as always, most poignant.
Just a couple comments in general...
I have read a bit, shivered a couple times, and patted everyone on the back in my happy little brain last night and today, and I must say that it feels like someone either won a big race or somehow found a cure for cancer or something. Um, yes I know, the two are not quite on the same level of importance, but you get the point...
It's kind of strange, but when reading the post from Mr. Gleasman I found myself feeling very humbled at the end of it - sort of a "Micky Mouse in the Sorcerer's Apprentice" kind of a feel. But I really like this reaction when we haven't really even started yet. Things are in the works but not a reality just yet. Imagine when the papers that are signed are more than confidentiality agreements!
Ahh, the power of words: the confidence that was built with a couple pages of comforting text and a brief spanking drove the price up 37%. Tough love ain't bad sometimes...
I hope this does not become some kind of "let's add up the dollars in sales to see the value of the company and determine the share price" board with all the stupid bashers and pumpers and nonsense. None of that applies in this company, as far as valuating the stock price, as we are simply waiting for Torvec to do their business. OK, maybe not none, but certainly not very much, as this is not an emotion driven equity. There is more to the equation than that - much more. Those variables will make us money and the amount will be determined by their performance individually and as a team. I think they are doing well so far. I trust in my own research into the company, using my own individual methodology which in turn allows me to know that my investment is sound regardless of the recent, and even the current, share price.
However, those CV joint numbers are great and not to be ignored when talking about the sale price and manufacturing cost and the benefit analysis, but when a deal is made and a cost is actually applied, it can vary greatly from the original speculated or even desired asking price. Pre-calculating what a deal will render is slightly more valuable than asking one of my local psychics for the answer who, by the way, are strangely prevalent in this part of New Jersey...
Anyone who read this memo posted on the Torvec site will know that there is no reason not to trust in what those who have gotten us here are continuing to do - focus on highest quality, superior methodology and commitment to maximizing the overall gains in all aspects of their business practice. They are smart people, they keep us informed to the best extent they can, and I agree that we can all do well by enjoying the confidence in our investment - even during seemingly long quiet periods. My deepest respect goes out to those of you who have been here from the beginning as doubt can be a tough one to fight sometimes, but I guess the reason you are all still here is because of your trust in their true potential.
Those on this board have been a wealth of sanity and good information, and when things get exciting I hope the atmosphere remain the same. The previous location turned into a playground sandbox, and remains so from what I can see...
Enough already - time to start the grill. No, I am not pushing a button, I am actually pouring charcoal into a Weber and dousing it with lighter fluid...
-Neb
