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I'm sorry but I don't see how VW going for Ballard (the competition) technology is good news for MVTG. VW have basically chosen Ballards fuel cell which is not good for the 'far superior' MRFC. They probably went with Ballard as they did not know about Mantra and MVTG are rather slow in getting their fuel cell out there they have lost the race on that one.
Lets just hope we have more luck with the ERC and you never know the MRFC may still have a place in bicycles. Not quite the same ring as VW though. This should be a wake up call for Larry and MVTG.
Mantra website is down and getting bounce backs from emails I send to them. Hey, you don't think they done a runner do you? Maybe Larry has ridden off into the sunset with all our money on a MRFC powered scooter. Well he won't get very far I suppose.
Déjà vu. That's all it is. Everybody waiting for news. Share price dropping. Longs putting out all the info and links to how good MVTG is, while we all wait. Just like last time and the time before that. I have sold some very good stocks which are performing very well now to buy more MVTG and the result is that I am well over 40% down because of this falling MVTG pps. I can only hope this time it's different. I do still believe in the company but the company has to deliver now. The is last chance saloon to make the leap forward and not look back. If we are not making strides within the next 3 months and share price is reflected in this by being over $1 then I cannot see this as a serious investment.
Someone sold $100 worth of shares and the pps drops by over 13%. Says it all. A bit of a joke at the moment but I ain't laughing.
Without the news that the ERC is completed, attached to Lafarge and working and that the MRFC has been integrated, tested and working and deals are on the table worth millions then nobody gonna be buying.
Are you saying that is a good sign?
A very quiet day in MVTG share land today. Well at least it's not red! Think it will be like this until the next news release. I'm sure there is lots going in in the background to make sure the next update results in lots if new investors. MVTG are still working with Alstom and Lafarge. Nothing there has changed whatever some people choose to say. The pilot plant is turning into plants and with more plants come more opportunities and decisions to be made. We are also nearly there with the fuel cell and once that happens will also open many other market opportunities. Times are good at MVTG. Patience will be rewarded. Don't be scared off. I'm embracing this so called risk!
Yes, manipulation. Someone decides 'MM' to sell at the bid price to another 'MM' (who is probably sitting next to them) or hell maybe they are even the same person! The end result is driving the share price down to scare more people into selling so as to pick up cheap shares. Can't wait for MVTG to wipe the floor with this lot.
Wow, such manipulation is happening with the share price today. It's at bid price of .2152 down over 13% with blatant manipulation. Well can't say I'm surprised as people will manipulate to get in cheap or see MVTG as a threat. Their games will be over soon.
Yeah well I'm begining to run out of those positive thoughts especially when I buy 25,000 shares yesterday at 0.29 only to see the share price now at 0.21
When this so called news comes, my it better be good. Better be worth the wait. Because if its not then the recent hemorrhage will look like a paper cut.
Guys, here are the details of my buy yesterday, unfortunately I cannot copy and paste my contract note here for some reason:
Quantity: 25,484
Price USD 0.29
I bought around 25,000 shares about 4 hours ago from the UK. Why haven't these shares shown up yet on today's volume? They are in my account so the deal was confirmed and went through.
Seems like an ideal buying point here to add more or first time investment. There has been so much going on in the background and sooner or later the time will be right when the news is released. Not adding more (if you can afford it) or buying in here is a waste IMO.
Eiddle. My advise, for what its worth, is to keep a very close eye on MVTG over the coming weeks. You will miss out if you don't. But if you are planning on investing again at a lower pps than what you sold then yes could be a good idea if it goes that way....which it could.
My average is around 0.42 so I am sitting on some of those significant losses that you are referring to. Unfortunately I do not have the money to buy anymore shares so kind of feel I am missing out. I for one hope there is a good update today!
How come the bid is 0.165 and the ask is at 0.45?
What gives here?
PLUG up 8%, BLDP up 8%, FCEL up over 10%. MVTG? Come on!!
Time to kick start what is supposed to be MVTG's year. So far I have seen no sign that it will be Mantras year. I would love to be proved wrong.
Wow. Never seen this board so quiet. Well, I suppose it's all been said. Now waiting for the news. Over to you Larry.
And look where the price is heading. South...hard. Come on Larry, time to start smelling that coffee and give us what you got.
Only bitter because I don't have any money to buy more cheap shares, but still COME ON LARRY!
Excellent, nice one. As I said I do not have much fear that we will be lacking in funding and grants. My fear is, if no news comes out this month...and I mean substantial news/updates then the PPS may take a rather large nose dive as investor confidence will be rocked due to MVTG's promise that updates will be out in Jan 2015.
The company has maintained radio silence, possibly for good reason, of the status of both the ERC pilot plant/s and the MRFC but it is at that point now when news and updates have become necessary and will hopefully be forthcoming next week.
I'm baaaaack! Did ya miss me....probably not
Hey, what's with this crazy price movement? Unfortunately, until we get some meaty news we will have to put up with these MM games and paint jobs. Once investor confidence is there and MVTG is on the map the buying will start. However the frustrating part is, when is it going to happen.
Heard that Larry was in New York conversing with those guys with deep pockets to securing funding. I personally have little worry about MVTG not receiving funding. My opinion is that we will get sufficient funding and grants this year to stay on course with the business plan. This patience thing is hard.
There is fair amount of shares still on sale for MVTG. No one buying because nothing really happening. We will see what happens in December and January. It's all or nothing from December.
Seeking Alpha article? I can't see one?
You got any news on article? Thanks
What? Someone just sold 200 shares like $80 worth and the stock dropped over 6%. Amazing how manipulated this stock is!
Ecomike? You there? Your insight would be valuable now especially with regard to the questions of no accumulation and selling of MVTG stock every day.
Ecomike, any advise on what has been said about the selling of shares here?
From small seeds large oak trees grow.
People were saying PLUG was a scam stock a few months ago and they are not saying that anymore. MVTG is not a scam stock. It's a company with revolutionary ideas about the future but until MVTG commercialize their products and sell to globally recognised companies and the money in the form of millions not thousands but millions starts coming in, there are people who would think this is a scam or just a waste of time that's not with a second look at the moment.
I hope that the longs, like myself, who are willing to take a risk and can see the technology as a gold mine will hold on and not give up. There are obvious obsticles and I'm sure a number of powerful enteties will not want MVTG to succeed as they would loose a lot of power and money from the current status quo. Getting that Canadian Government investment was a symbolic masterpiece, not much money, but it's about getting governments to believe and fund. The more government investment and endorsement we can get around the world the more likely MVTG will be the company of the future and make us longs a lot of money. You dont get rich by playing it safe.
Anyone new to the forum, look at all the amazing DD that's been done and make your own conclusions. The tech is there, the desire is there. Just waiting for the acceptance.
Lucky for you. Like a lot of people I'm down a few thousand as my average is about 0.54. You've made your money while we are waiting for the $5 promised land that some people keep going on is just around the corner. Well, it's a pretty long corner with a few brick walks in the way that I just can't see us getting over at the moment. But well done, some of us have not been so fortunate to invest at those low levels.
Come on. All us longs are disappointed with this price action following 2 lots of news. There's no shame in admitting we all thought it would be better.
....because it's going to be a bumpy ride.
Exactly
As I said, rubbish PR. If MVTG had good PR people and strategy then we would be well over $1 by now.
Well, at least my other investment PLUG is up over 10% today.
Lack of PR!!!
How would anyone else really know about MVTG with no global PR effort.
Sorry, I don't get it. So this latest news about the grant is actually old news that MVTG has decided to re-release disguising it as new news?
I that is the case I am extremely disappointed and to be honest feel cheated. Ecomike, as you seem to be the champion of MVTG can you explain this?
Selling when there is news, selling on no news. When's the selling going to stop and the buying going to start?
Hmmmm, why this just gone down 15.61% on no volume? Manipulation again?
Though it would have gone up on some news, not over 15% down...
Well, it's a good start to the news glut that will hopefully be coming