TOVC Stock UPDATES Torvec Inc (TOVC) 0.3344 09/10/2014 18:06
Post# of 273256
Posted On: 09/10/2014 7:06:30 PM
Torvec Inc (TOVC) 0.3344 $TOVC
Torvec Completes $5.0 Million Private Placement
GlobeNewswire - Fri Mar 28, 2:39PM CDT
Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCQB:TOVC), announced today that the Company has raised $5.0 million in a private placement transaction involving a new series of preferred stock. In connection with this investment in the Company, a total of 25,000,000 shares of Series C-2 Voting Convertible Preferred Stock were issued to a small group of investors.
Torvec, Inc. Signs Development Agreement with Chinese Automaker
GlobeNewswire - Mon Jan 28, 7:01AM CST
Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCQB:TOVC), announced today that Torvec has entered into an agreement with Chinese automotive manufacturer, BAIC Motor Co., Ltd. Under the agreement, BAIC Motor Co., Ltd. will pay Torvec to manufacture a number of prototypes of its IsoTorque(R) differential for one of BAIC's anticipated future car models. Torvec will supply BAIC with these prototypes for its evaluation and testing.
Torvec, Inc. Adds New Board Member
GlobeNewswire - Thu Dec 27, 2:49PM CST
Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCQB:TOVC), announced the appointment of Thomas J. Labus to Torvec's board of directors, effective as of December 20, 2012. Mr. Labus is nationally known as one of the foremost experts in hydraulics, with additional background in fluid mechanics, high-pressure engineering, actuation/controls systems, pneumatics, materials evaluation and mechanical design and analysis. With over forty years of experience, he brings an incredible wealth of knowledge on both the technical side and the market in the hydraulics industry.
Torvec Completes $5.0 Million Private Placement
GlobeNewswire - Fri Mar 28, 2:39PM CDT
Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCQB:TOVC), announced today that the Company has raised $5.0 million in a private placement transaction involving a new series of preferred stock. In connection with this investment in the Company, a total of 25,000,000 shares of Series C-2 Voting Convertible Preferred Stock were issued to a small group of investors.
Torvec, Inc. Signs Development Agreement with Chinese Automaker
GlobeNewswire - Mon Jan 28, 7:01AM CST
Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCQB:TOVC), announced today that Torvec has entered into an agreement with Chinese automotive manufacturer, BAIC Motor Co., Ltd. Under the agreement, BAIC Motor Co., Ltd. will pay Torvec to manufacture a number of prototypes of its IsoTorque(R) differential for one of BAIC's anticipated future car models. Torvec will supply BAIC with these prototypes for its evaluation and testing.
Torvec, Inc. Adds New Board Member
GlobeNewswire - Thu Dec 27, 2:49PM CST
Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCQB:TOVC), announced the appointment of Thomas J. Labus to Torvec's board of directors, effective as of December 20, 2012. Mr. Labus is nationally known as one of the foremost experts in hydraulics, with additional background in fluid mechanics, high-pressure engineering, actuation/controls systems, pneumatics, materials evaluation and mechanical design and analysis. With over forty years of experience, he brings an incredible wealth of knowledge on both the technical side and the market in the hydraulics industry.
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