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I haven't read any of the copy and paste posts for quite some time. The only substance will be from an SEC filing from MVTG with some real meat. Everything else, fluff. The market knows it.
Yeah, at this point someone should be able to take two seconds before buying and see Larry has ZERO creditability. Even a PR touting a contract is worthless at this point. Shareholders will have to see money hitting the financials before Larry can begin restoring trust (if there ever was any).
With this in mind, hard to see a stranger pumping on a board moving the needle at all.
That move is completely irrelevant to MVTG.
What's more likely to lose 90%+ in value. MVTG has before and is looking like it will again.
Keep the ranch.
You're going to have to keep buying just to stay in the 1% club. Remember, the AS was more than doubled. Larry didn't do that for sh$ts and giggles.
Depends on your measurement of serious.
Value driven results? No
Taker of money (shareholders, grants, any other suckers) Yes
Even if oil prices were high, the PPS would still be where it's at. There's no commercially viable tech and shares hitting the market for toxic financing to pay the bills (Larry's entertainment fund).
Yeah, the news is so readily available that it wasn't posted on this board until yesterday (the 2nd), yet the news piece has Feb 1st...
But it's not Larry's fault...
Crude oil prices are down
Delay in GE/Alstom deal
The HQ move for GE
Alcoa stock is down
Tax season
Family issues
The technology isn't commercially viable
Oh wait, the last one may be true :)
Well, a lot of shareholders don't have a choice but to wait since their shares are worthless now.
Pretty sad funding there. So this is why Larry is flying around the world to get these loans? Haha
Long term understanding? Haha
Look at the company value, has he grown it? I can "keep busy" at work but if what I do doesn't provide value, then it doesn't matter and might as well be fired.
Does Larry work?
This has absolutely no relevance to the failure of MVTG.
Dirt bag CEOs are leaches on society. Getting paid to wipe out millions in shareholder value. Good job...
Why MVTG's technology will fail: Larry.
Ah until recently? So you do admit they're being converted now? Is this to slowly prep for the mess the 10q will show? I thought Mantra's tech had people scrambling to get a piece of the pie, ready to throw money at it.
The real update you're looking for would be in a material event filed with the SEC. I've never tried to reach Larry because all he can say is a sales pitch selling snake oil.
Where's the ERC pilot? just ONE...
Where's the early license adopters Larry talked about in the shareholder update?
That's what you're looking for and Larry can't just tell you or Mike.
Face it, Larry is a crook. Remember the duffle bag of money in a van story? Any respectable person wouldn't be in the situation. He's a POS and the market knows it.
I don't like Larry, some like the technology, unfortunately it comes with the POS baggage.
He knows he can keep waiting... Cheaper and cheaper. Thanks to the POS Larry.
We'll see if this is a valid excuse. 2016 should be a big year, unless Larry is full of sh$t.
Larry himself did say this... Expecting early license adopters, meaning a consumable tech.
Looking forward, 2015...Because we have based these demonstration projects on the highest quality research and engineering, we expect their success will lead to the company's first early license adoptions this year, catapulting Mantra to the next stage of growth.
Sigh....
Looking forward, 2015 is the year in which Mantra will showcase a multitude of first-of-their-kind technology demonstrations. This includes two demonstrations of ERC for the production of a suite of valuable chemicals from CO2, and the demonstration MRFC for large-market applications such as backup and stationary power, industrial equipment, and transportation. Because we have based these demonstration projects on the highest quality research and engineering, we expect their success will lead to the company's first early license adoptions this year, catapulting Mantra to the next stage of growth.
Every screw job in OTC land has its biggest shareholder as the CEO...
He'll take care of himself regardless.
I don't work for free but I do produce results. If I stopped producing results then I'd be fired and therefore no longer paid. Look at the year end update from 2014, should Larry still be paid with such poor performance?
At a minimum, he owes an explanation to the shareholders of the lack of meeting selfimposed expectations. Unfortunately, there's no corporate governance with Mantra, Larry is his own boss. So he has every ability to screw the shareholders.
Would you be shocked if it was fluff like the last one? Prospective, exploratory, BS.
Is how Mantra has traded for over the last year also a moot point?
You've never been clear as to which grant you speak of. Horizon (phase 1 and 2) was said to not be it, what grant was applied for?
Not sure, it'd have some entertainment value but that's it. Larry has no credibility so at this point it really only matters when results are given in SEC filings. Things like an actually running pilot plant or license adopter.
Anything with "planned", " prospective ", " step forward ", " looking for an opportunity " is just plain fluff. The fluffy PR's Larry has given are for bedtime but hold no value.
Look at the loan terms, it'll freak you out more than the term "toxic". Junkhustler has done a good job posting these terms, which again, are in the SEC filings. I'm not going to dig them up for you. Maybe if junkhustler is feeling nice he'll do so for you.
Of course not, it's a term to use for ridiculous loan terms. They don't call payday loans and cash advance stores toxic either...
It's in the financials... Consulting, management fees, rent to Larry, etc. Read it.
Got to pay for those travel expenses, almost 200k worth last year.
Every filing for years has said they need over 4 million for a pilot plant, since that hasn't changed over the years, you can't bet it's not going to that.
Toxic financing is legal and in the SEC filings.... That's the reason for the AS increase.
If you get in now, you may be seeing people cheer pre-2017 bargains which will be lower than your "deal" now. Larry is screwing retail investors with toxic financing.
Just like that pre--2015 bargain...
Since we're dreaming and it doesn't really matter, I'd say .10. That's triple current market value. Pretty amazing offer.
To be fair, last year's came out on December 30th. So technically, one could come out next week. With that said, if one is given, I wouldn't expect anything but fluff.
I'd vote on no update since whatever it would say would carry no credibility due to the failure of last year's.
Haha, switched from Christmas to Valentines day? After Valentines day, is it St. Patty's?
Same BS, different holiday.
Yeah, no kidding. Think people have short memories or can't take two seconds to look at the shit 1 year chart...