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The link provided by Stockpennies takes you to the filing
http://ir.americanaddictioncenters.org/Cache/25909451.pdf?IID=4544120&FID=259094
The relevant information is on page three where it breaks down the following
1) Pursuant to the merger, for each share of AAC common stock you own at the effective time of the merger, you will receive 1.571119 shares of
Holdings common stock.
2) AAC common stock trades on the OTCBB under the
symbol “FTER”, and Holdings common stock trades on the New York Stock Exchange under the symbol “AAC”.
That's pretty good stuff, thanks for keeping an eye on the intraday action, it's much appreciated! One thing I'll say is that not all the vol has to necessarily be from a single buyer... I myself for example had placed a (miniscule) GTC order at .04 some time after the initial vol pickup, and I imagine this level may have looked like a good entry point for many after the first signs of life; not actually sure any .04s got picked up today, but I sure think that there's quite some speculative coat tailing interest out there
not much differentiating mvtg from that other carbon recycling play anymore, really too bad
I'm with you, let's hope they use the money wisely
Shouldn't be a problem -- after all, the summer's been pretty quiet, not unreasonable to assume they have a few things in store for us. The listing on the Canadian exchange should soon take effect as well...
I see, makes sense. I guess I'm generally more concerned about the market for the product, rather than the technology side of it. What is true, though, is that I see emerging markets as much more viable for us than our domestic one, so I guess from that perspective it is in fact significant news.
Really? I didn't know there were any concerns about the patent situation... certainly not bad news, though, I'll give you that.
looks like hq is throwing us a bone...
Mantra Gives PCT Patent Update
Date : 10/10/2011 @ 1:30PM
Source : PR Newswire
Stock : Mantra Venture Group (MVTG)
Mantra Venture Group Ltd. ("Mantra") (OTC.BB: MVTG) (Frankfurt: 5MV) is pleased to announce that its flagship carbon utilization technology known as the Continuous Co-Current Electro-Chemical Reduction of Carbon Dioxide (ERC) PCT# WO 2007/041872 A1, has advanced to the examination phase in the process for world-wide patent recognition. The United States of America, Australia, Europe, China, and India have all commenced the examination process.
"We are excited to give our shareholders an update on our patent application. This represents the next step in getting our leading edge technology recognized by patent offices worldwide," stated Larry Kristof, President and CEO of Mantra.
ERC, the Continuous Co-Current Electro-Chemical Reduction of Carbon Dioxide, is a cutting edge technology for utilizing CO2 generated by industries and other large CO2 emitters such as power plants. This technology takes the CO2 that is being generated by these various large emitters and converts it into valuable products. The ERC process will help emitters reduce their carbon footprint, reduce future potential carbon associated costs and provide a new source of revenue from the conversion of CO2 emissions into saleable materials.
There are currently 27 Billion metric tonnes of CO2 emitted annually from fossil fuel combustion which represents an inexhaustible supply. One of the products produced by the ERC process is formic acid (HCOOH). This is the strongest organic acid available and has numerous beneficial qualities and uses. Existing uses include the following: Farming and animal feed to sterilize and prevent disease, Insecticides, Leather treatment, De-icing of runways which offers no corrosion as with salt and better grip on plane wheels, Cleaning products, Pulp and paper production, and Pharmaceuticals. Future uses include: Precursor chemical into green plastic production, Fuel cells, and formic acid as hydrogen storage medium.
Chemical and electrochemical conversion of CO2 into value-added chemical feedstocks and intermediates is attractive in terms of fossil fuel avoidance. It is estimated that the total CO2 emissions avoidance potential of this pathway is about 0.3 Gt/y (billion tonnes per year). The figure defines a reasonable initial target market for ME, the use 0.3 Gt/y of CO2 to make a similar volume of high value chemicals. An additional assumption is that these chemicals will have an average market value of $1,450 per tonne: giving a market value of $300 billion. This is in reasonable conformity with the ME projections ($350bn) arrived at by a totally different route.
Electro reduction of CO2 (ERC) promises to be deployable and practical: it has a low carbon footprint, is scalable and is economic in its use of electric energy. It has the ability to make a number of high value chemical products.
Your DD and sharing is much appreciated guys, thanks for the updates and discussion
That's the first I've heard of this (i.e. pilot plant blocked by lack of available financing) -- how do you know of this?
no buyers, me included, is correct -- as hard as it is to resist, it's also been a while since anything substantial has been reported from the co. therefore probably more a hold than a buy right now for most peopole
will be hard not to grab some more at .04
the word is getting out, very nice
thx for digging, take care
no idea, though it doesn't appear to be:
http://www.cnsx.ca/Page.asp?PageID=122&ContentID=495&SiteNodeID=164&BL_ExpandID=1394
i know, ouch!
Using a simple Amazon keyword search gives you some spurious results (e.g. the film Hanover Street, distributed by Sony).
Try this
http://www.google.com/search?q=%22studio%3A+hannover+house%22+site%3Aamazon.com
and this
http://www.google.com/search?q=%22Publisher%3A+Hannover+House%22+site%3Aamazon.com
instead
thought so, thx
This article made me think it's not exactly unlikely that one day one of these VC guys will go over the numbers with Mantra's model and decide to push it to the next level... the pilot plant is just the beginning.
http://www.forbes.com/sites/kerryadolan/2011/09/21/an-accidental-billionaires-political-emergence
p.s. didn't we travel to the bay area earlier this year to pitch to VC firms there?
At Sandia National Laboratories, a giant array of mirrors heats rings of metal oxides to 2,550 degrees F, allowing a beer-keg-size reactor to produce carbon monoxide or hydrogen gas out of CO2 or water. The result is known as syngas, and it can be further processed into the kind of hydrocarbon-based fuels (think gasoline and diesel) upon which our transportation infrastructure depends.
The process represents some serious blue-sky thinking. In its current incarnation, it would take almost 500 square miles of mirrors to produce enough syngas to create 1 million barrels of oil a day. (The U.S. currently uses around 20 million barrels per day.)
Taking carbon from more-concentrated sources than our atmosphere is a little bit easier. Researchers in the UK are working on "Carbon Capture and Utilization," in which CO2 is captured from smokestacks and used to create industrial products.
http://www.grist.org/list/2011-08-16-researchers-use-carbon-recycling-to-create-fuel-directly-from-ai
p.s. See also this story, which goes more in depth...
http://news.nationalgeographic.com/news/energy/2011/08/110811-turning-carbon-emissions-into-fuel/
Sorry about that, this link should work...
http://www.npr.org/2011/09/19/140513014/this-machine-can-suck-carbon-out-of-the-air
Pretty good piece on NPR about carbon capture technology development in Canada (only to fall short of introducing downstream recycling technologies).
http://m.npr.org/story/140513014?url=/2011/09/19/140513014/this-machine-can-suck-carbon-out-of-the-air
Looks like the new exchange is the Canadian equivalent to the OTC in the US...
http://en.wikipedia.org/wiki/CNSX
ouch, should be telling indeed
Could be this guy (just guessing),
http://www.richardsmithconsulting.org.uk/about.htm
Following 10 years in the police Richard worked primarily in the leisure and tourism sector which provided an excellent general business grounding.
Having been responsible for single and multiple site operations in the visitor attraction sector across England, Scotland and Wales Richard took on the newly created role of Brand Home Director at Plymouth Gin in 2004. In 2007 he guided this internationally renowned brand to further success in its home city when it was voted Plymouth Business of the Year and Richard himself was voted Plymouth Business Leader of the Year.
Richard has held various key positions from General Manager at Merlin Entertainments Group with responsibility for four Sea Life Centre visitor attractions, Head of Enterprises at the National Botanic Garden of Wales, Commercial and Marketing Director at Thinktank (Birmingham Museum of Science and Technology) to the role of Business Development Director for Bright, a fast growing commercial law firm headquartered in Plymouth.
In addition Richard also holds influential positions such as Director of the Plymouth Chamber of Commerce where he also Chairs the Marketing and Communications Group, Governor of City College Plymouth and on the Executive of the Plymouth Area Business Council. In addition he is a Trustee of the Harbour drug and alcohol service and is a member of the Plymouth Climate Change Commission.
good eye, thanks for posting
lol, funny how that happens
lol, I bet you're right
Amen
I'm counting on All's Faire and Cook County, taken together, to range between 500K and 1M, which would be new box office records for HH, and each of the others adding 100K - 200K -- not bad at all, but not quite 7M. The 7 million figure I see as achievable for total revenue incl. DVD sales -- what is the consensus here (sorry if I haven't been following this closely enough, I may be way off)?
note however that at this point $7 million in box office receipts for this year seems no longer realistic imo
i don't have the numbers, just meant to clarify that it's not $0 as suggested by the poster
EP's cost basis is the price he paid when he took over TDGI
good luck, no position here since I got burned by the May drop (didn't expect it to ever see threes, and now ones, wow)
250@2.90 since yesterday (didn't expect yesterday's late dip) -- had been eyeing this since the 1.50s earlier this year, always waiting for the pullback and still almost paying double now lol...
congrats. I'm in HNSN now, see how far back up that can shoot
holy smokes, opportunities abound when blood spills onto the streets
Fair enough -- looking at it from that perspective we might benefit from continued market uncertainty since it would have investors looking for alternative roi sources like ours
Certainly would be nice if some sense of urgency would finally develop around the development of carbon utilization technologies, along with some investor momentum!
But to be clear, ERC is actually in the pre-pilot phase (meaning it's not available on the market as a fully licensable product) -- therefore, like I posted before, I think it's reasonable to assume a couple of years time to go by before we are in production (that of course doesn't mean the stock will necessarily continue to languish)