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Torvec, Inc. Message Board

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  • DaBreeze21 DaBreeze21 Oct 14, 2008 5:22 PM Flag

    BOD Change...

    Does anyone really care? Although I don't think a 29 year old has been around the block enough to know what he is talking about, especially one that gets his job handed to him by his daddy...but what else would you expect from Torvec? What a joke this company is.

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    • I met Flaum's son when I was at Torvec. He seemed like a nice young man. Business wise I'm not sure what he personally brings to the table but I've got to beleive that all of his fathers resources are standing behind him. That's really what it's all about. I don't think that this is a negative. IMO of course.

      • 1 Reply to robber6656
      • yeh I met him too., Very personable kid. Dad was on US LEC BOD and knew nothing about the CLEC business. I wonder how this all happens? Dad got on this tovc board also with no knowledge of auto industry too. So, we have officially no one on the BOD with knowledge of this industry (other than the G's, and they have not proved that in 10+ years to me) . That includes GS. Owning a dealership imo is not in the tovc industry. DF was here to only introduce us to politicians and from what i have seen , he has failed miserably. What a shame to us commons. Query: regarding the rent that tovc pays in shares for Mt Reed Blvd property. Is it being issued to the partnership that owns the propery or to DF. The financial statements do not seem to be clear on this.

        imo we are not going to be very happy with the future.

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