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Re: None

Monday, 12/10/2007 10:20:38 AM

Monday, December 10, 2007 10:20:38 AM

Post# of 35337
The reason for no Iso-Torque CEO update is.....

that JG said on October 12, 2007 that: "I anticipate I will be able to provide you with a comprehensive Update on our differential within the next few weeks which will include the results of ongoing events with two automotive companies worldwide."

http://www.torvec.com/messagefromceo101207.htm

Since there is no results as of yet, there can not be an update.

I wonder why the trigger for the next CEO update was presented in this manner since if there were results of ongoing events with two automotive companies worldwide, that would require an SEC filing.

The CEO updates were to suppose to provide information that was not required to be disclosed in an SEC filing.

So this stipulation that JG has self created to issue the CEO update is one that will not allow an update to be done till the SEC requires it to be done.

Is this the way we were expecting the CEO updates to be done? I think not.

This amounts to another "presentation" issue.
Why present this in this manner?


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