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Re: dread50above post# 13276

Sunday, 12/16/2007 3:56:20 PM

Sunday, December 16, 2007 3:56:20 PM

Post# of 35337
I was a bit disappointed in the CEO message at first but on reflection, while I would like some solid good news, there is nothing here to alarm me. It was not supposed to be big IMO. HDP thinks our CVJ technology will assist their engines. They probably have had permission to actually test it. To proceed with their own products they need to know they will have access to the CVJ technology. That is, they need a license. Then they can move forward with development. So we grant them one. Very limited. They get the sleeves from our vest. And the price is right. Off they go to do their own thing, and good luck to them. I do not expect us to receive any checks for a long time from them though considering what I have learned about this industry. But seeing as their principals are helping Torvec in its efforts, how could we refuse? And then announce in glowing terms. But in my opinion this is a crap shoot on the side (that engine sounds pretty futuristic), we have given away nothing for something, and the main games go on.

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