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Sheriff

06/27/07 9:33 AM

#104 RE: Lhasa #103

Very nice Lhasa, Torotrak keeps moving forward, While the "gentlemen" on the Torvec board are laughing at Torotrak's technology. In the mean time Torvec keeps losing ground. I have a hunch you're going to have the last laugh.

Dread admitted our China deal is dead or at the very least dormant. To bad the Torvec BOD won't give us the courtsey of an update on our final stage deal. Pretty soon we're going to be reading about Tototrak and the Chicago transit authority....

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hebgb

06/27/07 3:24 PM

#106 RE: Lhasa #103

It certainly seems to be coming together at last with this company. Obviously a long way to go yet, but it does strike me that many years of R&D with:

Ford
GM
Toyota
Aisin
Getrag
ZF

and others has brought the technology to a stage where it can be scaled and modelled to suit any application within a short timeframe. FLTs (of which we know there is at least one other company doing a full study) comes hot on the heels of F1 regenerative braking, which has the possibility of blowing current hybrids out of the water once up and running.

I suggest all it needs now is for the Memorandum of Understanding with the Asian car manufacturer to be converted into a full licence to transform this company completely. And this we are promised within the next month or two.