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Re: dread50above post# 21725

Monday, 06/06/2011 1:42:57 PM

Monday, June 06, 2011 1:42:57 PM

Post# of 35337
Where the company is valued..
at present shouldn't be a surprise to anbody who has spent some time here. I have a hard time as well not looking at the historical perspective of being a Torvec shareholder. Introduced to it via a major private holder who was a family friend ( was..-just kidding a real nice gentleman with a strong track record of personal business success). It is hard, but certainly helpful to readjust the expectations. They set the bar publically and privately very high. Go back and review JG's retirement letter- Even on the way to the Next Dimension, he was selling "it's just around the corner, very soon etc." Not sure we were lied to but I'm comfortable in saying, in my opinion the state of development of Torvec's technology was very much over stated- It would have had to have been or we would have been a 500 Million dolllar manufacturing company a few years ago, pumping out FTV assemblies, pumps and Iso Torques.
Yeh I can get resentful at the lost cost of money, how much time I've spent here trying to stay postive and stay plugged in on what may actually be happening- as opposed to what were were being sold. The one thing that gives me any encouragement is this- If Kaplan and team can get just one partnership going, or one JV started that commercializes this technology with some level of recurring, sustainable revenue stream- well it probably is gonna be a pretty big order..I think in that scenario I may still have a chance to make a return that maybe, just maybe, made this mindnumbing wait almost worthwhile.
Regards

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