LOL...
It did have kind of a soothing affect.....LOL ....
I hated to throw cold water on the fire dancers as they were having such a good time, but the fact is the going concern wording has been there for a while. And if you look back over the public life of Torvec, the cash-on-hand status of the company hasn't changed much over the years. How the SEC looks at that cash-on-hand relative to reporting has changed and gotten tighter....That's a good thing for shreholders and the companies as well. I don't know the rules for sure but I believe that if at the moment the auditors are reviewing Q's for filing, if a company doesnot have cash on hand to meet a full year's budget, the going concern status is triggered...Torvec has never, to my knowledge, ever at any time meet that requirement so nothing has changed in that regard..Torvec still has no debt and has always meet it's finacial obligations.
To your point about the ties to DC, the government intervention in everything....I made the point yesterday that this unprecedented chaos could point the needle to companies like Torvec....i guess we'll have wait and see what the DC consultants can do....looks like they have a cash incentive to make it happen and have given the company a positive indication of things to come.....
I am of the opinion that this plays out for the benefit of shareholders...the magnitude of what happens is certainly up for debate...I am in for the end game....and i think it is a new game not the 100th inning of the original game...too much has changed...that is a good thing for Torvec.
