I can't refute the bitter arguments about Torvec's failure to deliver a stock price of somewhere north of $12. Every shareholder gets that. I guess I differ on at least 2 points with this post. First, I'm actually glad the Chery 'deal' fell apart. Every thing I've read on how Chinese companies deal with western partners tells me that they would have rolled up Torvec in a variety of ways that have destroyed bigger, more established, non Chinese companies.
Yes, it appears the Army didn't work out then, but the Air Force is happening now. Considering this administration, that could be stopped dead, but the interest, contract and payments from the Air Force would have been big news on this board if anyone told you it would happen a few years ago. Imagine the press release if CXO had been a part of making that happen.
The frustration and snark attacks at any explanation for a delay of the 'deal' are understandable if you just look at the hold time. I just think even a critic has to admit that it is a long, steep, haul to go from table sketches to hardware that is built to Air Force specs, NASA specs and truck/mining/racing specs.
On the other hand, who cares? The critics aren't going to concede one point and they mock those who have any faith in the tech or apparent progress. A guy who claims to be sharply focused on the 'problem' can't bring himself to read a one page post, because he's 'bored.' I blame myself for even stopping by, but there were times when an interesting point or link would show up. I am concerned that my investment pay off, but I wonder if the constant, sharp, often personal, criticism would wear out Torvec management and have them settle for a $5 share deal. Assuming they could find one in today's world. It's so comforting to think that the world is just in another recession and that we will somehow get out of it. I think that is being willfully blind to a lot of unique current events. The big wind was right, this is depressing. Bye, EOM
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