InvestorsHub Logo
Followers 1
Posts 102
Boards Moderated 0
Alias Born 08/13/2004

Re: None

Tuesday, 06/07/2005 1:11:03 PM

Tuesday, June 07, 2005 1:11:03 PM

Post# of 35337
Torvec - Now what?

I the past I have said the Torvec vehicle technology was excellent and superior, but the robotics and artificial intelligence on the FTV was only so-so. Not being chosen to the round of 40 is a slight suprise but not a total suprise. Now with the IVT test results only mediocre under current EPA standards (those standards may soon change), I have got to wonder about the Torvec technology. Now with the inventor dead, what are the chances of ever going to production? What does Torvec have besides a few patients?

Torvec management OWES it to the investors to admit their failure and move on. As Jim Cramer says, when you invest in a company, you also invest in the company management. I have to seriously question my investment right at this point in time.

Additionally, I do not want to hear how Torvec management has a shoe string budget. That does not impress anyone, quite the opposite.

Finally, curious how right about the time Torvec knew the IVT EPA test results were not great, three insiders sold 40,000 shares, but did not mention the results to shareholders until a month later. I say Torvec shareholders have a right to be angry for multiple reasons.



Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.