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Saturday, September 19, 2015 8:33:29 AM
Such doom and gloom. Every one here acts like this is IBM or Apple going down for the count.
Class reminder this is a tiny company in developmental stage.
Some here crying, the wolf is coming the wolf is coming, run away hide there is no value here. WRONG!!!!!!!
Contrary, to unpopular opinions PATENTS have real salable value.
Is there some toxic funding, sure. It is unexpected NO , it that normal for a developing company YES. In this particular case is it a significant amount, NO.
Has the financial state of the company stop Alstom from working with them NO.
Is the Alstom deal still going according to plan, YES.
By Alstom still being here, Alstom still thinks Mantra will be around to full fill it's 5 year contract, YES.
If something significant is developed out of the Alstom/Mantra Agreement does Alstom have enough money to bring it to market, ..YES
As bad as Mantra finances are and the Lafarge project delayed has Lafarge abandon Mantra, NO.
Nothing has changed here, it was a gamble it is still a gamble but it is a gamble with valuable patents, working relationships with multi billion companies and after 8 years on the OTC OS shares of stock more than 25% below 100 million share. Pretty remarkable for a tiny company with no significant income for 8 years, that was available to pay for the R&D that allow them to pay and obtain their patents.
IMHO, one of the best gambles on the OTC.
Mantra may be taking baby steps but at least those steps are going forward.
PS,
That not even taking in to account the MRFC technology, which they also paid for the R&D and achieved a patent WITHOUT[color=red][/color]
much financing or significant dilution.
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