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Re: dread50above post# 18470

Monday, 02/22/2010 7:34:45 PM

Monday, February 22, 2010 7:34:45 PM

Post# of 35337
In response to your first query...

This was the timeline of what took place with the USAF--

April 22, 2008: the USAF evaluated the FTV at Mr. Reed and expressed a desire to develop it for their use. (CEO memo 5/1)

May 31, 2008: Torvec received a purchase order for a vehicle for $106,000. This included a "sole source justification" memo stating that after extensive research it concluded Torvec had the only tracked vehicle that met its specifications. (CEO memo 6/16)

In the same memo it states the USAF invited Torvec to demonstrate the vehicle to the Dept of Homeland Security, FEMA, Dept of Interior, and others.

(--At the time I remarked that for a government department this is breath-taking speed--)

Oct 7, 2008: USAF "purchased and took delivery" of the vehicle.(CEO memo 8/6)

The time spent on evaluation is totally reasonable. Their interest is demonstrated by a mere 40-day gap between seeing and ordering. This is the military??



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