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John83134

05/18/10 12:28 PM

#149 RE: LoanOfficer #148

It is my understanding that THOR is a joint project of Livermore, the Ledebev Institute in Moscow, and Valley Forge under a State Dept WMD non-proliferation program. The technology is the Russians. I believe Livermore owns the technology rights with VLYF having exclusive production rights. They've all been working on this thing for many years. I wouldn't be surprised to find out that the original Russian technology came out of the Russian equivalent of Star Wars.

For THOR to go into production, Livermore probably has to sign off. I've heard rumors that they have kicked the tires and will "soon" give their blessing, allowing VLYF to forge ahead.