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Things haven't gone well for Mantra since early 2015.
Resources dried up, Alstom got more involve in diversifying them selves than developing new tech, government funds decreased to a trickle, grant money became scarce and when GE finally took over the Alstom's agreement with Mantra, GE spent most of 2016 reorganizing the former Alstom Switzerland, investing little time or funds on developing the new technologies they have acquired.
Within those last two years of inactivity for Mantra a series of events have occurred which may be the catalysis to once again propel Mantra technology on to the world stage.
Nov 2016, the majority of the industrial world sign an agreement to set limits on the amount of CO2 they will be allowed to release back to the atmosphere at the Paris Climate Conference.
Jan 2017 the Canadian Government announces the opening of the CCCI of British Columbia, who sole purpose is to advance technologies such as Mantra's from lab to commercialization.
Late 2016, the Canadian government announces the availability of 25 million in grant money to be used by companies with technology such as Mantra to advance those tech out of the lab.
Jan 2017 Canada and China join forces to set up a forum so that companies like Mantra can showcase their techs with the hope that they be able to obtain financing either for public or private sector to advance their tech from the lab to the market.
Jan 2017 Mantra is invited to be a presenter at that Canada/China Conference.
Late 2016 the China government state they are willing to invest up 6.6 trillion dollars in pollution reduction technologies (including carbon reduction technology such as Mantra's) over the next 10 to 20 years.
As the head of Canada's CMC stated 2015 - 2016 were slim picking for all carbon utilization technologies, government funds were very scarce. They like other companies in the field had to cut back to bare minimum levels to get though the very rough period. He believes funding in 2017 is the beginning of a new optimism with strong government and private sectors strongly committing to renewed interest in getting techs like Mantra's out of the lab and into the market.
Clean Energy Innovation in Canada Nov 18 2016
https://cleanenergysolutions.org/sites/default/files/documents/canadas-mi-webinar-presentation_final_compressed.pdf
Page 25
Also includes list of possible grants Mantra might be eligible for.
Was Mantra invited to present at the Canada/China conference, for this.
http://cleanenergycanada.org/china-is-buying-clean-energy-technology-canada-should-sell-it-to-them/
In tandem with the United States, China—the world’s largest carbon polluter—has already ratified the climate change agreement reached in Paris at the end of 2015. And by July 2017, China plans to launch a cap-and-trade system not unlike that between Ontario, Quebec and California. Ultimately, China anticipates spending US$6.6 trillion to deliver on its climate change commitment.
As the world’s largest producer of wind and solar electricity, China is expected to raise its power storage capacity 10-fold by 2020..
Et tu Floyd
Getum while they're cheap
Thanks for clearing that up.
IYHO, while the solar sector is down, yet the market is at record high levels what do you think the reason for the 100% decline in stock price over the last 2 years?
To add to that again IYHO, why do you think this stock is trading at lowers levels then when it had nothing?
Just curious what you think the reasons might be.
IMHO,(I am assuming the CEll is no longer a factor), The New Sunworks is exhibiting the pains of expansion.
It wasn't just Mantra that was feeling the financial pinch over the last two years.
Part of Alstom (part working with Mantra) brought out by GE
Lafarge and Holcim merge
The CMC even felt the financial pinch. CMC head quote.
At CMC last year, we were concerned it was going to take a significant period of time for those high level government policy declarations to make it into funding programs to support real activity. We looked at our remaining budget and our burn rates at the time and estimated it would be Christmas 2016 before there were substantial amounts of funding flowing associated with those programs. So we downsized in December 2015 in order to cut our burn rate. It was painful, it was really painful for everybody, but we are now seeing significant funding calls coming out from the federal government and we are responding to those calls with proposals and we are going to be in good shape on some of those project proposals to generate revenue from major projects.
Or the one's that held and added
Yep..looks like the real smart investors were those who were not invested during the high dilution period
You are absolutely right.
That dilution is also the only means he has to keep the lights on.
Because of that dilution......
Larry has to pay for the filings soon, look for more dilution.
I be happy to share mine.
Interesting you know the personal financials and annual income of everyone on the newsletter list to make that claim?
Have corresponded with Sona, do to NDA, she is unable to comment on a Mantra,
Why doesn't anyone contact Sona and ask her directly:
Three words makes the PR non fluff,
"A basic Fluff PR."
Mantra Energy Alternatives, a subsidiary of Mantra Venture Group Ltd. (Mantra), has been invited to present at the Canada-China CCUS forum
Don't get me wrong it not your honesty in doubt it all perspective.
NEVER EVER DOUBT MY HONESTY!
Sorry, but that the most ridiculous statement I ever heard.
Still up 319% AFTER taking 300% profit...
How old is the data of this article. The results of the two phase 3 studies have been posted for a month.
https://www.dvidshub.net/news/219852/changing-tide-antibiotic-resistant-infections
Pulmaquin is currently undergoing two Phase 3 clinical studies to determine its safety and effectiveness as an inhaled formulation for the treatment of patients with non-cystic fibrosis bronchiectasis, cystic fibrosis or non-tuberculous mycobacteria. However, Pulmaquin and an alternate formulation, Lipoquin, both demonstrated proof-of-concept efficacy in rodent models of inhalational tularemia, plague and Q-fever.
But even up to January 9 2015 it was only trading at 17 cents a share and most of that time in 2014 it was 10 cents or below.
The shares did not trade to the 2 to 3 dollar range until after the reverse split.
Nelson also paid $12,000 to go on this show to pump the stock just as more notes were converting. I.E. he was telling people to buy the stock around between $2-3 at the same time he was negotiating with the p-note holders a deal which would allow them to buy at $0.338 a share. That deal would close just a few days later right before the company bought SUNworks.
Confused!
Reverse split was not until Feb 2015.
(10K you cited was for the fiscal year ended: December 31, 2013)
http://www.marketwired.com/press-release/solar3d-completes-reverse-stock-split-otcqb-sltd-1994716.htm
Range of close from 11/11/13 to 1/16/14 was 2 to 5 cents.
variable conversion price equal to the lesser of $0.338 per share, or fifty percent (50%)
Zippy, the fact is that there was little movement or funds available for ANY carbon utilization programs during 2015 and 2016 per the head of the CMC.
At CMC last year, we were concerned it was going to take a significant period of time for those high level government policy declarations to make it into funding programs to support real activity. We looked at our remaining budget and our burn rates at the time and estimated it would be Christmas 2016 before there were substantial amounts of funding flowing associated with those programs. So we downsized in December 2015 in order to cut our burn rate. It was painful, it was really painful for everybody, but we are now seeing significant funding calls coming out from the federal government and we are responding to those calls with proposals and we are going to be in good shape on some of those project proposals to generate revenue from major projects.
I agree that 2016 GAAP profits will probably be < $0, but in reality what does that really mean?
It's like building a boat. I start building a boat. All the time you are building it you have a boat. Unfinished it may sink, but once it's finished it will float high above the water mark.
Point being, IMHO it is true Nelson mislead us with the cell, but Sunworks is a real revenue producing company that is expanding beyond it original territories and expansion cost money.
While the top management is benefiting more than they should at this stage of development they are reinvesting back into the company to grow the business.
Before Solar3D merged with them, the original Sunworks management team had a proven track record of proven profitability.
IMHO, it to early in the expansion process of the new Sunworks to truly be concern with profits.
On thing I have to disagree with you on is revenues do matter for what they show is growth and growth in young expanding companies precedes profits.
Remember that special presentation CMC had November 27. 2015 with Mantra and GE.
Michal Bialkowski, General Electric Company. Renewable energy driven CO2 utilization and decarbonization (presentation)
http://cmcghg.com/wp-content/uploads/2015/12/20151127-CMC-Calgary-Bialkowski.pdf
Check out slide 4
Some products from CO2– market and ‘sinking capacity’
Notice the comment section for formates/formic acid production: Further growth by Fuel Cells (Who has a patented formic acid fuel cell? Mantra)
Sona Kazemi, Mantra Energy, Mantra Energy Alternatives (Presentation)
http://cmcghg.com/wp-content/uploads/2015/12/20151127-CMC-Mantra-Presentation-Kazemi.pdf
Check out slide 19.
Opportunities for CO2-to-Formic Acid/Formate Salts in Alberta
1.Production of formate brines for oil well completion
2.Production of formic acid/formate brines for clean power production in fuel cells
slide 21
Mantra is developing a novel low-cost fuel cell that can be integrated with ERC to complete this energy storage system
Olaf Stallmann, General Electric Company, GE Carbon Capture Utilization and Storage Technologies (presentation)
http://cmcghg.com/wp-content/uploads/2015/12/20151127-CMC-Calgary-Stallmann.pdf
slide 7
Carbon Capture & Utilization (CCU) A bridge towards large scale roll-out of CCUS
CCU Chemical usage Current prospects in Fertilizer (formic acid)
slide 17 What does GE believe to be the sole solution to reduce CO2 for industry?
CCUS development conclusion
– CCUS is the sole solution to address CO2 emissions from industries
The 3 presentation show the synergistic relationship between GE and Mantra.
CMC thought this technology was special enough to hold a special presentation to show case it.
IMHO, look for Mantra/GE technology advancements at the CCCI in 2017.
January 27 2015
Richard Adamson of CMC and head of CCCI very similar with Mantra
22:28 mark
Is he talking about Mantra at the 3:30 plus mark?
Amazing, how similar events timelines are. Remember in 2016 Larry moved to a closet to save money and we all wondered why.
Maybe this explains it.
http://lowcarbonlinks.com/cmc-in-good-position-to-face-future-says-president/
At CMC last year, we were concerned it was going to take a significant period of time for those high level government policy declarations to make it into funding programs to support real activity. We looked at our remaining budget and our burn rates at the time and estimated it would be Christmas 2016 before there were substantial amounts of funding flowing associated with those programs. So we downsized in December 2015 in order to cut our burn rate. It was painful, it was really painful for everybody, but we are now seeing significant funding calls coming out from the federal government and we are responding to those calls with proposals and we are going to be in good shape on some of those project proposals to generate revenue from major projects.
In the mean time, the Technology Commercialization and Innovation Centre is under construction now and will be ready for operation come January. And at the same time we are in the process of developing specific projects that can enter the cue there.
The CCCI works with researchers and technology developers from government, academia and industry to accelerate innovation from the lab bench to commercial scale use.
As the world’s industrial economies move toward decarbonization, there is an escalating need to push next generation carbon capture and conversion research from early stage to full-scale implementation, rapidly proving promising technologies and discovering and developing new technical pathways. This requires support to move batch/bench technologies from research lab facilities in Canada and internationally to industry-compatible continuous processes and accelerate the pace of scale-up. Vancouver and BC are home to an emerging research field in carbon capture and conversion. The talk will highlight the ecosystem of opportunities that are transpiring around the Carbon Capture and Conversion Institute, with the establishment of the Technology Commercialization and Innovation Centre.
98.5 million rather anticipate lower and be pleasantly surprised if higher.
Hey you might be right, but
Not even gonna waste my time reading that, at this point MVTG is just a shell company waiting for someone to come along and pick up the scraps...
It will not be competitive in price.
Since naletrexone has been around for a long time how competitive in price can the new product be compared to the tablet form of naletrexone? Generally speaking a tablet form of a generic that has been around for a long time is absolutely dirt cheap.
Just sayin it all connected.
http://www.nationalcoalcouncil.org/NCC-member-focus/11-2016-Mohn.pdf
Nancy Mohn is an experienced strategy and marketing ... Nancy launched her power sector career at ... Following Alstom's merger with GE Power, Nancy led.
d.Carbon Capture, Utilization and Storage (CCUS)
The use of CO2 for EOR is the CCUS approach providing the greatest potential for economic and environmental pay off over the next several decades. Enhanced oil recovery depends upon adequate supplies of CO2. The only way to obtain CO2 at scale is through carbon capture and
utilization from coal power plants.
Something to read on those coal winter nights.
http://www.nationalcoalcouncil.org/Documents/CO2-Building-Blocks-2016.pdf
CO2 may also be utilized through chemical and biological processes to produce transportation fuels, which is a very large market. This pathway is also unlikely to incentivize CCUS in the immediate future for a variety of technical and economic reasons, including: (1) the fact that transportation fuels are ultimately combusted and thus release CO2 to the atmosphere and (2) current U.S. policy favors geologic-based utilization pathways for CAA compliance. And while the case could be made that some CO2-derived transportation fuels have lower GHG emissions than fossil-based fuels on a lifecycle basis, the former still faces significant market competition and displacement hurdles
Copy and paste, hold left click of mouse to highlight, then right click of mouse to copy, then on your message to send right click to paste.
2) Revolutionary ERC electrochemical reactor, 2 patents issued, more pending worldwide, that converts the GHG CO2, carbon dioxide, into formic acid/formate fuels and can do so at a profit based on current market prices. It uses renewable electric power, like solar and wind, geothermal, to move one hydrogen atom from water onto the CO2 (as H2CO3) molecule to form formic acid in the reactor
3) Revolutionary, first of its kind, rechargeable flow through fuel cell, that runs on non-flammable, bio-degradeable, fuels including Formic acid, formates and borohydride fuels, that can be stored in standard non pressurized tanks, and room temperature. It is a combination of 1 & 2 above, both patented. It can replace lead acid batteries for storing renewable wind and solar energy, and it can be used in power back up systems world wide.
SEND ME THOSE IN A POST AND I VAN SEND IT TO THE INDIANS.
CANNOT COPY IT OFF STICKEY.
ECHO20
$MVTG mega DD resource:
mantraenergy.com/
First a summary and history. Today the MVTG OS is 57 MM, AS is 100 MM. MVTG has only used $8 MM in 7 years to get where they are today. MVTG is 100% fully SEC reporting, OTC QB, and always has been since the IPO, never a R/S, never a R/M.
MVTG has 3 core technologies 5 or more patents applied for world wide, and 3 issued, and at least 3 more applied for that have been confirmed so far.
Technology:
1) Revolutionary new MVTG Fuel cell, MRFC, Mixed Reactant Fuel Cell (patent issued in the UK, and pending world wide), does not need platinum, or PEM membranes (they cost more than a Detroit gas engine, huge barrier to the car market), or bi-polar plate electrodes, or hydrogen that are all huge cost and infrastructure barriers to the vehicle markets. Estimated costs are 50% below all the best current fuel cells. They run on ambient air and formates, formic acid or borohydride fuels, all safe, room temperature, ambient pressure storable, non flammable fuels.
2) Revolutionary ERC electrochemical reactor, 2 patents issued, more pending worldwide, that converts the GHG CO2, carbon dioxide, into formic acid/formate fuels and can do so at a profit based on current market prices. It uses renewable electric power, like solar and wind, geothermal, to move one hydrogen atom from water onto the CO2 (as H2CO3) molecule to form formic acid in the reactor
3) Revolutionary, first of its kind, rechargeable flow through fuel cell, that runs on non-flammable, bio-degradeable, fuels including Formic acid, formates and borohydride fuels, that can be stored in standard non pressurized tanks, and room temperature. It is a combination of 1 & 2 above, both patented. It can replace lead acid batteries for storing renewable wind and solar energy, and it can be used in power back up systems world wide.
The inventor:
Professor Colin Oloman, UBC Univeristy, home to one of the Ballard Fuel Inventor-professors
http://www.chbe.ubc.ca/faculty-staff/oloman.php
Oloman is a graduate of the Universities of Sydney and British Columbia and has been engaged in the field of chemical engineering for 40 years, both in academia and industry. A professor emeritus, professional engineer, member of the Chemical Institute of Canada and the Electrochemical Society, Oloman has authored or co-authored three books (Ol's Notes on Material and Energy Balances, Electrochemical Processing for the Pulp and Paper Industry, Handbook of Fuel Cell Modeling) plus numerous proprietary reports and publications in technical journals (www.chml.ubc.ca). He is also an inventor or co-inventor of some twenty U.S. and international patents
http://www.oloman.ca/
The MVTG technology inventor, Professor Colin Oloman patents:
Here is the actual issued UK fuel cell patent and India (and China) ERC issued patent!!! The patents are pending world wide!!! The first two have just recently been issued!!! The new ones just announced are not yet published.
Here is the issued Fuel cell patent, an entire new generation of ultra low cost fuel cell!
http://www.ipo.gov.uk/p-find-publication-getPDF.pdf?PatentNo=GB2474202&DocType=B&JournalNumber=6426
Here is the first issued international patent on the ERC that converts CO2, The Green House gas that causes global warming/climate change, carbon dioxide, into a liquid fuel, formic acid!
http://164.100.176.38/patentsearch/GrantedSearch/completeSpecification.aspx?ID=878/MUMNP/2008
Those are links to the entire patent file, about 100 pages in all!
MVTG Partner-Customers-commercial Funding collaborators-Team members:
LaFarge
https://www.facebook.com/Lafarge
http://www.lafarge.com/
Alstom
https://www.facebook.com/alstompower
http://www.alstom.com/power/
Kemira (second largest supplier of Formic acid in the world)
http://www.kemira.com/en/Pages/default.aspx
NORAM (did the latest final design and drawings and specs for the Lafarge MVTG ERC)
http://www.noram-eng.com/groups/electrochemical-group-overview.html
SEC filings of note:
8-K material agreement with Alstom
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9621266
Item 1.01 Entry into Material Definitive Agreement
Framework Agreement with Alstom (Switzerland) Ltd.
On June 24, 2013, through our wholly owned subsidiary Mantra Energy Alternatives Inc., Mantra Venture Group Ltd., (“we”, “us”, “our”) entered into an Agreement with Alstom (Switzerland) Ltd. concerning the joint research and development projects relating to (1) a pilot plant for the conversion of carbon dioxide to formate at a Lafarge cement plant (the “Lafarge pilot project”) and (2) the development of processes for the conversion of carbon dioxide to other valuable chemicals.
Structure
Pursuant to the Agreement Mantra and Alstom will co-operate in one or more research and development projects related to Mantra’s Electro-Reduction of Carbon Dioxide (ERC) technology. Prospective projects will be associated with the development of technologies and processes for the conversion of CO 2 to chemical products and the investigation of the feasibility of scale-up and commercialization of these processes. Prior to undertaking any research and development project under the agreement, Mantra and Alstom will mutually agree to special terms and conditions governing the purpose, aims and objectives of any such project, including technical descriptions, the designation of work phases and project managers, and the allocation of responsibilities and costs between the parties.
Intellectual Property Management
Mantra and Alstom also will establish an intellectual property committee.........................
10-Q, announced massive $148,000 first ever gross profit and revenue.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9716925
MVTG home page:
http://mantraenergy.com/
You tube video of the MVTG ERC and MVTG MRFC connected and running, converting CO2 to formic acid, the formic acid running the fuel cell and powering a light, in real time, presented by Professor Colin Oloman.
http://mantraenergy.com/mantra-energy/technology/video-demonstration/
This video demonstrates the integration of Mantra's ERC and MRFC technologies, presented by their inventor, Professor Emeritus Colin Oloman. The station includes both an ERC reactor, which uses electricity to convert a stream of carbon dioxide into formate, and an MRFC reactor, which uses that formate to recover a portion of that electricity to power an LED light. Such a strategy represents the potential of carbon dioxide as an energy storage medium.
A ton more hard core DD is here:
http://mantraenergy.com/news/press-releases/
http://mantraenergy.com/news/mantra-in-the-news/
http://mantraenergy.com/news/publications/
http://jes.ecsdl.org/content/155/1/B42.abstract
http://mantraenergy.com/mantra-energy/technology/erc-technology/
ERC, or the “electro-reduction of carbon dioxide”, is one of the few existing carbon utilization technologies. ERC employs electrochemistry to convert carbon dioxide into valuable products. The chemicals that can be produced in this way include formic acid and its salts, carbon monoxide, methanol, formaldehyde, and hydrocarbons. While Mantra is exploring all of these options, the formic acid/formate salts technology is the company's most developed.
The cornerstone of the technology is the ERC reactor. At the cathode of this electrochemical reactor (shown below), carbon dioxide, which is in a two-phase mixture with a liquid electrolyte, is electrochemically and catalytically converted to the product - in this case formic acid.
Electrons are provided by one of a variety of possible oxidation reactions at the anode of the same reactor, which will produce a useful co-product. If, for example, water is oxidized at the anode, oxygen gas will also be produced. This co-product also has value, and it can be used or sold to further improve the economics of the process
One can only hope we are one of the joint partners.
http://database.scotproject.org/fundings?utf8=%E2%9C%93&search=&country=2&category=&trl_min=&trl_max=
7 down
http://database.scotproject.org/projects?utf8=%E2%9C%93&search=&activity_sector=&project_status=&country=Canada
Larry aligns Mantra for opportunities in 2017.
http://ccci.cmcghg.com/2016/08/23/premier-clark-announces-climate-plan-at-ccci-facility/
http://environment.einnews.com/pr_news/341177740/mantra-issues-shareholder-update
Why B.C. Premier Christy Clark favors Mantra type of technology over sequestrating to battle climate change.
http://www.cbc.ca/news/canada/british-columbia/b-c-premier-christy-clark-s-climate-change-plan-does-not-raise-carbon-tax-1.3728317
A fair opinion, it just one I don't share.
As far as........
There is nobody left to advance the tech.
Interesting article from June 2, 2015.
https://www.biv.com/article/2015/6/institute-aims-commercialize-local-carbon-capture-/
With the Carbon Capture and Conversion Institute of B.C. going on line in 2017, it make one think that Larry moving to that closet related to the CCCI site might not have been such a bad idea for Mantra after all.
And makes 2017 look like we may see some positive activity for Mantra resulting from the CCCI completion. JMHO
At last, it seems, the race to turn CO2 into profit is really on
Remember when they thought that burying your garbage in land fills was the safest way to get rid of trash.
http://www.toxicsites.org/Explosions_And_Fires_At_Dumps.pdf
https://www.health.ny.gov/environmental/outdoors/air/landfill_gas.htm
http://landfill-gas.com/1980s-landfill-gas-explosions.html
The scientist of the day thought it was perfectly safe to just bury the waste.
What headlines are in store for the future because those same scientist claim sequestrating is safe.
https://www.cslforum.org/cslf/sites/default/files/documents/FactSheet_Environment.pdf
https://www3.epa.gov/climatechange/ccs/
When I first got into MVTG I was looking for a company that had a positive business friendly approached to reduce wasteful carbon.
Having what I believe a good grasp of how government tries to solve social and environmental problems (by taxing) there was/is no doubt in my mind that a world carbon tax is on the horizon (see Bernie Sanders climate change solution).
So why do I believe Mantra's Technology has a future?
I look no further than the evolution of the waste management business. For centuries municipalities simply picked up your trash from your home and buried your garbage in land fills. A total non profitable venture for them. Then one day the municipalities discovered that not all garbage was equal,paper, glass, metal and plastic products could be recycled, and actually make revenue for the municipalities.
Sequestration of Carbon today. to me is where early waste management use to be. Once it is proven that the carbon waste can be recycled to saleable products using Mantra's technology for profit then Mantra's potential will be limitless.
Recycling of garbage has been around a long long time, it has only been widely implemented world wide the last few decades. Why? To safe the planet, no because it is profitable.
People started going solar why? Because they wanted to leave a lesser carbon imprint? They say that but the truth is fossil fuels were getting expensive any everyone thought that their prices would continue to rise, so they started going to solar to try and have future power, they thought at a cheaper price.
Moral of the story money rules all, sequestrating is throwing money down a hole Carbon Utilization is taking that money out of the hole and putting it back in your pocket with a little extra.
Unlike governments, businesses do not like to throw money away, carbon utilization is a logical solution to sequestrating.
Zippy, You keep blaming Larry. Remember the Lafarge non pilot plant was a joint venture failure. Not only Mantra and Larry were responsible for it's nonexistence, Alstom was just as responsible for it's failure if not more so since they were calling the shots.
We can all dream. If Larry wasn't the CEO then I would dream a bit as well but he is so I'm not. I think we should all resign ourselves to this being the final year for Mvtg. I would eat my hat if anything good comes of this.