CurAegis Technologies Inc (fka CRGS)

[Invest1111]

Dread, Why do you think that Carlisle would want to sabatoge any deal? What would be his motivation? What are you thoughts on the fuel efficiencies?

Here is Carlisles reason per his statement:

"Based on Torvec's Form 8-K disclosure suggesting that the moves of July 8, 2005 were made to "provide greater efficiency and streamline the corporate decision making process", I feel compelled to clarify the reasons for my resignation from Torvec's BOD. My resignation was the direct results of the events of July 8th, 2005."

IMO, I would say that he felt that the 8k disclosure was a personal attack on his reputation and felt compelled to defend himself.