Replies to post #18752 on CurAegis Technologies Inc (fka CRGS)

[dread50above]

Ford TV, the Chery letter of intent,final stages of a deal with the Chinese,"weeks not months" were all way before the recession

SULAX

....we have been and continue to be in ongoing and periodic discussions with automobile manufacturers, truck manufacturers as well as parts and assembly suppliers to manufactuer, produce and distribute our automotive technologies, including the FTV, to the consuming public. Generally, these discussions are no longer focusing on the validation and credibility of our inventions, but now are focusing on pricing issues as well as how to structure a Torvec-auto or truck manufacturer transaction, including direct licensing, joint venture partnership and the direct acquisition by or of Torvec through a merger or similar transaction.....management believes that a written letter of intent regarding our automotive technology could be forthcoming with the next 12-18 months

Torvec SEC filing in 2000

Torvec management has been assured that the Army will consider the FTV as a candidate if and when the next US military truck acquisition program is initiated by the Department of Defense

Torvec SEC filing in 2000


Let's be honest here, management has had a 10 year history of insinuating that a commercialization event was pending. They have used posters here (and a local stock broker) like disciples to spread the gospel of pending success, perhaps with the best of intentions but it has all been fluff. Nobody, including myself, likes to hear that but you can't argue with reality. There is no reason to believe we are any closer today than we were when I first read the SEC statements above over 10 years ago.
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