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I agree, if that was the case..in this case. I have seen it happen before though.
Oh yes, they have to declare it as an error.
Probably some IT guy trying to fix a keyboard and pushed the buttons on the wrong one and put in a trade by mistake. Happened quite a lot where I used to work.
Possibly the thing you should say is that MVTG were working on the project. The way I see it is that no money means that work grinds to a halt. That is why MVTG's sole commitment now should be getting some mega investment from somewhere so hence why this conference is sooooooooooo important.
She's probably, like us, got some money invested in Mantra.
Wow when did it go to .115? Must have missed that one! Was in a meeting otherwise would have bought some.
That's because everything seems to be at a standstill until we can get someone with deep pockets to invest in the company. Until then, hopefully if it happens at all, we will not move forward. That is why this conference is so important as we need investment.
Another boring day in Mantra-ville?
Brutal so far today. I just don't think we have got any money left or any investment on the horizon. Like I said the conference in May is like the last chance saloon. If nothing good comes out of it I think we may be screwed. Such a shame as the technology could achieve so much in the right hands.
Some rather large dumping going on today. Guess people are loosing patience with MVTG. I'm holding and hoping. Mantra needs investment and needs it soon to fulfill their business plan. At the moment this does not seem to be happening. The only thing that is keeping me holding is that things can change very quickly so holding on until after the conference.
The outcome of the conference will be pivotal for the future of MVTG.
It is looking increasingly likely that the first anybody will see of this fabled video is at the conference in a few weeks. There is just no sign of anything happening at the moment. Lets hope that behind the scenes its all action which could be unleashed on us at any time. Lets hope anyway...
Why so much selling going on in a few large blocks?
Thanks
How do you know it will be released 1st May and what is Ultron?
Anybody know when the video is due for release?
It was supposed to be finished last week..
I'm hoping that the video will be released very soon, maybe this week. I heard that they finished filming last week and that it would be released well before the conference.
I agree, yes call Larry and put your points across to him. Have you called Larry yet?
Looks like someone trying to bring the share price down. Ask is lower than share price.
Is a record volume day on the cards today?
Have you spoken to Larry (MVTG CEO) regarding the companies plans, timescales and what's coming up in the next few months before making your post?
No?
It is similar to the last 10q
This bit is identical to last 10q
We do not presently have sufficient financing to undertake our planned business activities. Issuances of additional shares will result in dilution to our existing shareholders.
And they have not diluted. I believe MVTG will secure funding to avoid dilution. They have to put that bit in just in case. Actually this whole part below is identical to the last 4 10q's I have seen and still no whiff of dilution here!
In order to fully carry out our business plan, we need additional financing of approximately $4,300,000 for the next 12 months. Of this amount, we have prepaid some of the research and development expenses and we will receive reimbursement for certain wages and benefits from various grants, which offset the total expenses for these categories. In order to improve our liquidity, we intend to pursue additional equity financing from private placement sales of our equity securities or shareholders’ loans. We do not presently have sufficient financing to undertake our planned business activities. Issuances of additional shares will result in dilution to our existing shareholders.
We currently do not have any arrangements in place for the completion of any further private placement financings and there is no assurance that we will be successful in completing any further private placement financings. If we are unable to achieve the necessary additional financing, then we plan to reduce the amounts that we spend on our business activities and administrative expenses in order to be within the amount of capital resources that are available to us.
Time to kick some backside soon. In the next couple of months we will fly IMO!
People selling doesn't make too much sense logically speaking with the video being released soon, conference next month and things moving forward. Too many games being played here and to what end I don't know.
The video should be finished this week so maybe next week it will be released. Looking forward as this should silence some of the doubters.
You think they are better investment than MVTG? That surprises me..
COME ON THEN, GIVE US SOME PROOF OF THE INSIDERS SELLING. VERY SAD EFFORT TO DISCREDIT THE COMPANY. GIVE UP MAN!
And lower we go. No bother I will buy a load under $0.10 and then wait for the blue touchpaper to be lit!
I'm going to buy loads of shares when this hits a penny!
Care to elaborate?
Please sell them to me!
Did you read the Mantra are working with Lafarge and Ayinger brewery in the Resource World Magazine article? They are partners are they not?
Hope the shorting is enjoyed while it lasts as things are moving on soon.
The MVTG ERC Plant at Ayinger (German brewery) will be funded 100% with European Union money.
I thought people would be talking about the Resource World article..
NEW ARTICLE:
http://resourceworld.uberflip.com/i/492982-resource-world-april-may-2015-vol-13-iss-3
Click search icon and type in Mantra
Happy reading
And yes it does state Mantra are working with Lafarge
GO MANTRA!
I'm not selling any of my shares. But I'm also not prepared to buy any either. If this goes to single digits then I will. Shame as I hoped we would not be in this position by now.
Who still thinks that 2015 will be Mantra's year?
I reckon they got the parts it's the patent that's not up to scratch, which they should have had sorted in the first place.
And if it is a few weeks where do you see the pps by then with no news?
When are they going to showcase the fuel cell? It's always that they are about to but it's always delayed for some reason or other. Any real insight Eco? Thanks
I don't understand. Can you please explain?
Just want to get the shares while they are this cheap. We will have our updates soon and when that happens we will never see these low prices again.
I just bought 8500 at .18