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Torvec, Inc. Message Board

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  • DaBreeze21 DaBreeze21 Dec 17, 2008 7:17 PM Flag

    Credit for not being profitable???

    Good one Rubber! Time indeed will tell. But you should look at another local company, IEC Electronics. They currently have about $50M in annual revenue, are profitable, also traded OTC, and have a market cap of only $16M, or about 1/4 of TOVC's market cap...Yes they have some debt but they are actively paying it down. I know it isn't an apples to apples comparison, but look at how they are struggling to get noticed. You don't think that TOVC is already overvalued? I think the local market is tapped out for TOVC...they too are going to struggle to get noticed if they start making some moolah...IMO.

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