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Encouraging, maybe the turn around has arrived.
Hey, maybe things are really starting to turn around under the new CEO, an insider is actually buying stock.
http://ih.advfn.com/p.php?pid=nmona&article=74655842&symbol=SUNW
What still irks me is that even after acquiring Sunworks and the company "supposedly" changed it's focus, the company was still touting the cell to lure in investors.
Dec 23, 2014
http://www.nasdaq.com/markets/spos/filing.ashx?filingid=9916837
Also as late as June 2016 the company was still dangling the cell to entice investors to invest.
"Sunworks expects 3D solar cell patent this summer"
https://renewablesnow.com/news/sunworks-expects-3d-solar-cell-patent-this-summer-528202/
Thanks for sharing.
Please remember they were also nice when they gave us this EXPLANATION REGARDING THE CELL.
When Marsh announced in 2015 that you can expect PLUG to profitable in 2016, I most certainly count the whole year.
Are you sure you are not confused who is missing the facts.
It not me connecting dots it's you.
Ah, Finally the light comes on.
Canadian money to reduce carbon starting to flow.
Alberta Oil and Gas Sector to Benefit From $21-million Investment in Clean Technology
https://www.canada.ca/en/natural-resources-canada/news/2017/05/alberta_oil_and_gassectortobenefitfrom21-millioninvestmentinclea.html
National Energy Board Modernization Expert Panel Delivers Report
https://www.canada.ca/en/natural-resources-canada/news/2017/05/national_.html
Then he didn't try very hard,
I don't know do you? So until you know that statement has no value.
Maybe those consultants were hired to try and raise capital for the company? Would it be Larry fault because they failed? Maybe those consultants broker the AW Solution deal. Maybe the consultants were hired to write and apply for grants? Maybe thet were technical consultants who were hired to improve the fuel cell and ERC technologies.
If those consultants bother you call the company and demand an answer. Instead of whining on a message board.
Again if you believe that sell if you own any and don't worry about it.
Crooks strong words for not providing any proof of criminal activity. If you believe the company's current state is due to management incompetent that not criminal.
If that is what you truly believe, stop whining and don't waste your time here.
Who will want Mantra's technology?
They will........
http://www.environment.gov.au/system/files/resources/c42c11a8-4df7-4d4f-bf92-4f14735c9baa/files/factsheet-australias-2030-climate-change-target.pdf
Before 10/16/2016 for 2 years prior the share price was in the 7-8 cents range or below.
On December 20 2016 the share price was 8 cents the date you posted the second update.
Words by CEO the stock position has been hit. The reality the stock price was pumped from 10/16/2016 to 12/6/2016 to an artificial high based on the news from Oct 6, 2016 and PRs that followed. Since the end of the news releases the stock has settled back in 7 to 8 cents trading range.
False Excuse - CEO delayed expansion because stock was hit hard by outside attackers
Facts- No news, no significance sales that can be verified, missed deadline on expansion, the stock settles back to normal trading range of 7 to 8 cents.
So I ask you with the stock trading in the average price range today the same as it has been the last two years what the excuse for not expanding as promised?
And how is increase of thousands in sales going to pay for hundred of thousand in expansion cost?
Those two updates, CEO BS IMHO.
If they weren't the CEO would have done a private placement between Oct 16, 2016 and Dec 6, 2016 when the position was at it's high point not after the position started it's decline downward, and him knowing the PR's releases would be stopping.
I haven't ignored it, it just more word play.
Two questions.
1)Hmmm stock price at the time of that second update was what 8 to 9 cents when he announce that was one way to pay for expansion. The stock price has been hanging around 7 cents since? Would that cause much significance in additional dilution compared to adding value to the company? A factor really?
Example of word games
http://www.icontact-archive.com/TJrllihCA_r6E95O5K0HD1w_2RLOaEoP?w=3
Why would that be? Larry was just given 2% of the company, and that not counting what he and his wife already own.
Is Larry getting ready to walk away in the dark from Shareholders and MVTG the shell?
8.2 (g) Kristof Equity Instrument. Effective as of the Closing, Larry Kristof, the current Chief Executive Office of Buyer, shall be granted preferred stock of the Buyer enabling him to convert into 2% of the issued and outstanding capital stock of Buyer as of the Closing Date.
The answer to your question "why is it in the 8K of ICLD? "
It in the ICLD because it in the Mantra/intercloud agreement, the event.
Exhibit No. Description
10.1 Asset Purchase Agreement, dated as of April 25, 2017, by and among the Company and Mantra Venture Group Ltd.
Exhibit No. Description
4.1 Convertible Promissory Note, dated as of April 25, 2017
4.2 Form of 8% Original Issue Discount Senior Secured Convertible Promissory Note
4.3 Form of Common Share Purchase Warrant
10.1 Asset Purchase Agreement, dated as of April 25, 2017, by and among the Company and InterCloud Systems, Inc.
10.2 Securities Purchase Agreement, dated as of April 28, 2017, by and among the Company and the Lender
10.3 Form of General Security Agreement
Still only makes sense in one scenario.
IMHO, the point is clearly explained in the Mantra/Intercloud agreement.
8.2 (f) Debt Conversion. All debts of Buyer existing as of the Closing shall either be waived in a writing acceptable to Seller, or converted into equity of the Buyer effective no later than the Closing.
The company had a debt owed to Larry and that debt was converted to equity.
Yes. Larry definitely needs a way to recover his back-pay. But if there are revenues and positive cash-flow now why cant he just continue doing what he was doing before?
With Larry remaining CEO, the reason that makes the most sense.
Back pay owned to Larry and company using equity (preferred stock) to take that debt of the company off the books.
Only really makes sense if its an RM and Larry is on his way out. He just wanted to make sure he didnt get shafted along with current shareholders
So let be get this straight, your saying, if I may quote you) "Gotta love the Kristoff Equity Instrument"
(g) Kristof Equity Instrument . Effective as of the Closing, Larry Kristof, the current Chief Executive Office of Buyer, shall be granted preferred stock of the Buyer enabling him to convert into 2% of the issued and outstanding capital stock of Buyer as of the Closing Date.
Get that BID up. Larry will thank you later
Thanks for the reply.
I don't understand the concept of the licensing out of technology by a 2-3 product penny stock company and then having the company stay in business.
What sort of model for that would you envision?
Interesting how it always pointed out here check the filings. yet so many ignore what the filings state.
MANTRA ENERGY ALTERNATIVES LTD. and fictitious partner....'GE'
You guys are reaching now, 30% of definite number is a definite number,
But really what does that matter now that number is off the table.
Investors are people and people in general have more confidence in something if they are not lied to.
Over the past two years the former CEO gave out guidance that ended up being far short from what he told investors to expect.
As the stock price has shown over that period confidence in the company eroded.
Hopefully with a new CEO who seems to be taking a realist approach he will bring back that lost confidence.
One can only hope that quarter one was SUNW last negative quarter and has now turn the final page towards profitability.
The street seems to think that brighter days are now ahead of SUNW as the position has started to move in a positive direction after such a miserable first quarter.
Or an old google picture.
Executive office is whatever property is vacant at the time
or until sold ????
#1562 128 th Street
Surrey, British Columbia, Canada V4A 3T7...8K 2017
Doesn't seem impossible for you.
It is not possible to make this FLUFF Up!!!!
All those shareholders who have been duped into buying this fake,
Are the lawsuits against Mantra or Larry?
If you have a link to lawsuit against Mantra I would be more than happy to post it.
As far as new address, what facts might they be other than they moved to a smaller place to save money, while times were slow.
Do you have any facts regarding the circumstances of the new Vancouver address
WHO CARES?
WEBSITE ANYONE?
If you happen to have a move updated address for Mantra Energy Alternatives I will be more that happy to change it. That is the last address I found.
It been posted here many times any errors in the ibox, please let me know.
Sorry, you seem to have a reading problem.
Ibox - it reads contact Mantra Energy, not Mantra venture Group, Notice it listed the down Mantra Energy website as well.
Then why is the new address listed in the MVTG I-box as the Vancouver Head Office for MVTG? The I-box is for FACTS only is it not?
Emerald I am sure you have talked to the CEO.
Did he ever tell you he doesn't care about the share price?
Where do you think the CEO interest lies shareholders or himself?
Do you really believe he would ever give up control of the company?
Do you think that if he left the company, the technology will stay with the company or leave with him?
The important question.
Do you think he would ever gives up total control of technology to either license out or sell the company?
Please point out any views of the AAA MVTG gurus.
See I box nothing embellished, Just the facts.
That explains why you are so so confused, you don't know the difference between fact and fiction.
While old slides have been change to reflex updated company information, all information in the I box is Factual. Obtained from the company or directly from Gassnova's facebook page..
No information provided in the ibox is opinion, fabrication or speculation.
Slide about energy storage came from Mantra unchanged.
Maybe this might help you under the difference between fact and fiction.
Fact
noun: fact; plural noun: facts
a thing that is indisputably the case.
"the most commonly known fact about hedgehogs is that they have fleas"
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Fiction
noun invention or fabrication as opposed to fact.
"he dismissed the allegation as absolute fiction"invention or fabrication as opposed to fact.
a belief or statement that is false, but that is often held to be true because it is expedient to do so.
"the notion of that country being a democracy is a polite fiction"
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So, absolutely not
Embellished FACT is the same as fiction, YES?