BNET Industries

Market Cap:$20.4M
Last Fiscal Year Sales:$121.0K
  • Public
  • US
Dow Jones Description

Torvec is a publicly owned development stage automotive technology company based in Rochester, NY. The Company's portfolio of revolutionary innovations draws upon the inventivness of the Gleasman family, whose patriarch, Vernon E. Gleasman, holds over 200 patents and is credited with ground-breaking automotive inventions such as the Torsen differential. Vernon's legacy is carried on by his sons James and Keith. Torvec, founded in 1996, has as its mission the creation and maximization of shareholder value via the commercialization of the Full Terrain Vehicle (FTV ), which incorporates several of the key patented technologies in the Company's impressive product portfolio. The company seeks to unlock the significant value inherent in its technology through a judicious blend of unparalleled automotive engineering expertise and professional management. By selling or licensing some or all of its portfolio, Torvec expects to generate the capital necessary to begin full-scale production of the FTV .

Contact Information

11 Pond View Drive

Pittsford, New York 14534

torvec.com

7162488549

NAICS Code Motor Vehicle Body Manufacturing: 336211

Recent Events

  • RIT president joins Torvec board

    9/15/09 - Board Member - Entering - View Story

  • Torvec Appoints William Destler To Board - Quick Facts

    9/14/09 - Mgmt. Change Entering - Director - View Story

  • RIT President Appointed to Torvec Board of Directors

    9/14/09 - Mgmt. Change Entering - Director - View Story

News & Analysis

torvec inc. - All News and Analysis

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     TOVC $0.58 0.00 (0.00% )
Average Volume 17,524
Shares Outstanding 35.19M
Market Cap 20.4M
Year High 1.65
Year Low 0.4
Earnings Per Share -0.09
P/E Ratio -6.44
Dividend N/A
Yield N/A
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