Kudos Artguy. Good post. I have been lurking myself for some time now as I am of the feeling that Torvec is just so close on so many different fronts right now. I find it hilarious that people are getting upset that Torvec appointed Cliff Carlson and signed a 5% licensing deal for a whole engine (5% on the engine, not the price of our part). Its just another deal, another instance of how Torvec technologies make other technologies and ideas work better or even at all. And the China thing with Chery kills me too. Torvec, with CXO on the no, was at one point in discussions with a small subsidiary of Chery, they were never at very high a level. Those chinese companies constantly restructure and reorganize. Every critic wants to lump China together as one deal they have been lied about to for years. Guess what, there are a few billion people in that country and quite a few automotive firms. The term "china deal" is thus confusing and idiotic. I am happy Jim and Keith aren't jumping at some of these penny deals different chinese firms have thrown at Torvec. Maybe some penny pinching accountants feel otherwise. If so I assume your lawyer will be of the same breed and you can settle your class action suit for coffee and donuts for a year (1 cup per person, but the donut you share. Cliff is going to be of immense help bringing the IVT to fruition, and thats something everyone feels is a huge feather in the Torvec cap. The CV joint is moving forward nicely to commercialization through Lockheed and the engine (among other things), The IVT has a great path forward now, the differential has the most immediate possibilities for commercialization, and the FTV will eventually attract the eyes of a large cab-over truck manufacturer. Frankly, I would have liked to hear about the diff in the last update, but think that piece of technology is on the verge of something very significant happening and I see it happening soon. I think Jim just wanted to let us know what else was going on. How any of it was bad is beyong me. Merry Christmas everyone, and may the new year bring you all great fortune.