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Artguy

10/13/05 5:54 PM

#3697 RE: Torvecian #3695

Tor, I agree with the jist of what you said. I hope you are right. I think Torvec has done a great job of making something from nothing up till this year. My concerns are on two issues. Why not spend a little of that stock earlier this year when it was hanging at 7 and put a better face to the public? That would have boosted the price enabling more funding for lots of things. IF this low profile was to appease some OEM for future bragging rights, what is that worth and how long do you do that without a deal? I HOPE that's the problem and not just some OEM stringing them along. If the competition is shorting us, how happy would they be with no PR from Torvec?

The other issue is company growth/size. I know Torvec has no intention of being a manufacturing company, but it sure seems like they could use someone who has experience with limited runs. I don't know what I'm talking about only what I see. DARPA here and gone. Is Motron or whatever that company was called out now? They aren't going to do auto navigation any more? If a remote FTV was a great idea 9 months ago, why stop working on it? Energy recapture, apparently Eaton has 'bags' that work to some degree, their problem is their earthmover, high pressure pump. Is the DodgeRam running or not? Is it being mothballed because Dodge is 'stupid' or is the testing finished to the point that nothing else can be learned? Didn't Torvec buy that truck? If nothing else, after the EPA smackdown, wouldn't it be worth driving around EPA headquarters with a lite up display showing the MPG under 35MPH? Sorry, that's a crazy idea. Anyway, is the Tahoe running? THAT was hyped, wasn't it? If it's testing is ongoing, how about an update? What happened with the Nissan windshield?

I don't expect answers to every question and I understand why Torvec would not want to reveal important information to potential competitors, but I don't get the split personality. Don't tout something if you aren't going to provide updates and the updates can be general enough to not reveal strategic information. Of course you would need someone who understands marketing to do that correctly. Instead we get engineers who take it personally when someone asks what is going on with a project THEY bragged about a few months earlier.

How about this, engineers work on making the metal things work better, someone else devotes themselves to making a deal and the MISSING person at Torvec, a person who updates the world in a way that makes the stock worth more, the ONLY funding this company has, which enables more things to be refined faster. I don't understand why that isn't a high priority, I don't understand why the question is mocked by engineers like they have all kinds of ad agency experience, and I don't understand why the empty suits they've hired to do that kind of planning have been so inept. Actually I do. It's because they are engineers and they think they know everything.

That said, if there is more going on than meets the eye and someone cuts a good deal, I take most of it back. After the missteps of the last year or two, I'm losing confidence anyone at Torvec even understands what I'm talking about. It's NOT hype, it's not slick hustle, it's about being on point and building confidence with anyone who follows the company, instead of bouncing all over the place. That's my opinion, I hope I'm wrong and the Torvec master plan is ready to hit the heights.