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Update...? Thanks...
Unfortunate, but much to do in financials after such a consolidating purchase required for the proxy shareholder vote. No big deal yet. Thanks...
Yup, time for a new trading day tomorrow!
As mentioned here before, the SEC did not officially approve the proxy without the June30 2017 financials, which are coming. Therefore the meeting was postponed to the near future. Fine with me... still same share structure with 100 million share practical float. Of course, operations and projects are front and center.
SPS50 10+ years
MVTG's ERC/MRFC program was the beneficiary of several government and corporate research support grants over the past 5 years. The point is that, in part, these programs moved the tech along for us AND shows that notable business minds saw value in them for the future. Others may see it too... to the pps benefit of all of us.
Someone(s) like MVTG enough in 2014-2016 to pay them to do research under contract on ERC/MRFC which is MVTG's proprietary items. That is just facts without emotion. The Spark showed it was usable in today's technology. I see little on the horizon besides this that has the ability to address the CO2 issues that major countries, etc. have spent tens of billions of dollars in studying to resolve. It still has that potential... AIMHO.
Financial management of the AW purchase is scheduled for next week... and that is a good thing along with current quarter financials due soon. I expect improvements quarter to quarter as HQ has offered.
COnvertibles have no current impact on pps as they are either a long way off AND not reported per SEC rules for 5% holders/principals. There for that crystal ball is too cloudy. MVTG/SGS cut over head and moving forward with new markets and higher tech as PR'd. Nice, huh!
Thanks! Sounds like the basis for a growing corporate value. Contacting HQ has always enlarged my vision and respect for the challenges and response of managing MVTG. I expect continuing progress in this corporation and improving pps way beyond the last few years with no debt within a year.
There are up and down days. If today's sells mean someone left the party, then that is their strategy. Any given day or week pps without news or business reasons is basically meaningless. I await the 10Q with official consolidated financials and expect a solid status given where both AW and MVTG started. May the right decision grace management.
EcoMike told it correctly. The A/S may increase in two weeks and management shows no good reason to delay. The bulk of the A/S will not be issued until close to the purchase payoff time in nearly one year from now with probably a better pps. This action already has the effect in the market. What is also expected is better than offset is the growing value of AW with profits, etc. for which the purchase was done. The bulk of the O/S at that late date will be to 5%+ owners that either will hold or must declare their intentions to sell in advance which gives us all time to react.
Hence, no reason to cry wolf or worry. It is time for business.
I guess some here expect to get AW ongoing enterprise for free who now shoulders the burden of management and cash flow while magically making the $3.5 million debt of MVTG and $1.0 million of AW debt to just disappear. Huh?
The tradeoffs and opportunity are realistic and now more transparent. Bumps and hickups, sure can happen. I ignore the self fulfilling projections of pps at a point in time and look at the long term trend. Especially when so much of the equity will be essentially non-marketable. Best to all shareholders here...
With a better future communicated by MVTG/SGS HQ step by step, will someone tell me why there are cheerleaders at every dip? One would think as a shareholder that upwardly pps is encouraging!
That is not truth, just data. It takes proper interpretation of the context and larger time view to track trends. I for one am glad for the .065 today before somebody dumped. It shows potential.
Link to your crystal ball, please...
There has been PR news of the good business type, not fluff.
There has been information about ongoing revenue.
There will be addressing of old existing debt that haunts any small stock until minimized as communicated.
Much of the stock can not be publically traded without advance notice to the market... nice!
Management is doing things to grow the profitability and long term value of MVTG/SGS through new markets and overhead cuts at MVTG with focus on ERC/MRFC.
Sounds good to me! Smile please for the IHUB camera...
Bids are just at a point in time which different news can influence it up or down. No monster wall, but solid bids which are better than no bids at all. MVTG/SGS year end financials may move mountains when it comes out in several weeks, eh?
Never say never... James Bond
If someone has questions about a PR, the best place to answer them is with MVTG HQ. Looking for answers to doubts is not SEC official here without a proper documented reference. The PR today seems straightforward to me and positive!
Again, facts are only true at a point in time and do not speak for themselves without a greater context. MVTG is progressing and that suits me fine. All other nonsense just to see one's words in print are on ignore. Thank you AW for the good news today like other days. Big and small volume days come and go... but these are much greater in volume over the weeks than we have seen for a whole month in years gone by. It is working...
Nice solid and factual progress for AW! I see MVTG's glass as steadily filling with improving results and removing the unused air as it goes. Some wanted to see progress, so the last 3 PR's delivered. Regrettable that some will miss out on this opportunity...
Reference and legal source, please...
Very logical and factual. Thanks!
Good for a window to buy more! Then the pps value trend upward may continue as the past few months. Thanks for the crystal ball.
Not true - charts show up and down over the weeks vs "everyday". Not much to conclude other than we are higher than it was months ago with smiles for me.
Agreed and well said. We focus our hopes on Larry/MVTG will AW steadies the ship of state. SGS is the presented dba soon to be formalized while now a working team. Thanks!
It is relevant as each company must finance as best it can for the future, not just today. How many public companies still have the same number of shares they started with? MVTG/SGS now has revenue, expected profits and time to develop ERC/MRFC. That is much better than the condition we had when valid technology was ignored. Such a purchase/merger costs something. The total price tag is not known yet, including the whole 750MM. Why cry before the root beer is spilled? And why cry wolf before the future unfolds with AW and other options are in play as documented in DD?
If I felt like that I would not stick around but invest my resources in a better place. I see no "mess" except unrealistic expectations of what goes on in commerce. As one who has worked at 4 Fortune 100 companies and other smaller ones in Finance/Accounting, there is an abundance of back room deals. I do not condone it but it is a fact of life. What matters in this market is ultimate performance and MVTG/SGS must now show it. With all the talent of posting here, why not show MVTG how it can be made profitable to your benefit?
Bids do not tell truth nor story, either. It changes moment to moment by the choices of fallible humans. AW appears to be doing what they can to improve things. I prefer to give them a chance...
Don't see it yet. Financing only as needed and such are hard to find to OTC companies. One day at a time to see a better pps!
Long time from now... much SEC filings to occur and unknown qty of shares. Keep smiling1
Since the post was so commanding, I just wanted in on the crystal ball too. The track record is all over the place with MVTG looking better lately. Facts do not speak, they must be interpreted in light of the full market and company context. So lets hope for the better.
Where can I buy this crystal ball of yours? Did the fat lady sing while I snoozed? Best to all...
It seems MVTG/SGS will be making money while others do not.
"Young man, I did not fail to invent the light bulb 10,000 times. I found 10,000 ways that did not work". (MVTG will keep trying to over others lack of vision.)
Thomas Edison
I would think you have more clout than me. Like Edison, you are the idea man! IMHO
Then Google ought to fund the ERC/MRFC pilot plant(s)... otherwise this news is just hot air.
The proxy meeting to be held in Longwood FL has been delayed to August 22 2017 on the 3 amendments, etc.
https://www.sec.gov/Archives/edgar/data/1413891/000121390017007711/prer14a0717a2_mantraventure.htm
Equity for debt is one good option. I expect no dividends for some time so the preferred shares have no superiority here. More details to come... Dave Garroway of the old Today Show.
Nothing bad about a purchase financing either when no cash in bank. It gives you and I more time and MVTG its opportunities.
Yes, but both sides of the Position Statement must balance, right? So, we receive the assets/liabilities of an ongoing company and the seller receives our stock. Seems fair to me at this price and earnings potential.
PPS prognostications here are unproductive. Why not offer your marketing services to MVTG based on your crystal ball and expertise?
What is required is application specificity. We know it works and would with good old American ingenuity... if one is not a couch potato.
Yes you can sell off a good company segment if one needs cash, a different direction or due to management "fit". Revenue is continuing and AW management communicative. Therefore, it is premature to draw sweeping conclusions this early. May this smile upon us.