AH, but considering the time frame none have a crystal ball that says they can not deliver. AW was not on the radar here 9 months ago, but... time will reveal itself. Best to all...

I read it all and am going to the meeting. There is no significant need for O/S at the moment, just cheaper and easier to do it now along with other issues. Guess we will discover the real figures much later, and hopefully in better circumstances.

I was out of State. But my understanding is that it was delayed until August 7 which I will go to and speak to all there.

With the reorganization and new branding of the August 7 meeting is a milestone towards a more profitable future and flexibility in settling our obligations as well as focusing on ERC/MRFC IMHO. The dust will settle soon for a clearer picture for us all. If this is not acceptable, there is always the go/no-go decision on one's investment here. I prefer to hold.

SPS50 9+ years

Agreed. The dilution issue is way overrated and not a known figure either at this point. Much can happen to improve this situation, and AW is on track with revenue, etc. Basing projections just on today's status is unwise and unprofessional. After the SGS conversion in August, I suspect there will be many good ideas coming out of HQ to move it forward and I for one am willing to wait for it. Going to that meeting as well to speak with them personally.

Convertible notes so many months away are the least of SGS's impacts and the exact conversion will not be known until then. The focus continues to be progress. AW is doing just what we hoped they would.

Thanks for the detailed reminders of opportunity here... that is not old but ongoing information!

Maybe some, maybe not. MVTG/SGS is on a better track... time will tell.

No luck needed. Just hard work with future collaborators. I see no dumpers doing a parade... AS not = to O/S yet for many months.

Are you not glad you sold out completely?

Disagree. Spread is not huge, volume is good support while providing those who wish to leave an exit. Company as a whole is generating consistent revenue which we never had before. Convertibles are often the cheapest way to go in financing such a move when other options are not available.

Perhaps some here will sell us their tired shares... thanks!

A/S vs O/S still not clear to some. There is no required payoff for AWS this year per 10Q and purchase terms. Therefore no dilution until the fat lady sings per terms and it just might be minimal. I vote for a better future opportunity.

Funny, were we to get AWS for near free? The share increase was AS, not OS, and in 12 months much of it may end up as practical non-float. Cry wolf when the real numbers are known. Are you glad to be totally out of MVTG?

Some can not resist throwing dirty water on the fire just for the fun of it... the trend message is that many here vote with $ for MVTG's future anyway.

Larry & MEA Co. now have time to focus and procure a working ERC/MRFC set of pilot and enterprises. SG with its revenues and balanced management will get more respected U.S. attention from the investing marketplace IMHO.

For me, it is not about trust but execution of sensible future long term plans of a green nature. If we see opportunities to assist MEA with other entities, why not tell HQ and help ourselves?

Thank you for the details!

Yes, they did. Perhaps you can show more recent data that, subject to the SEC, says otherwise?

With past cum tax losses, there will be no income taxes for a while here. Nice thought...

Another support for energy creation-storage that has possibilities for ERC/MRFC.

https://www.moneyweb.co.za/mineweb/coal/solar-power-will-kill-coal-faster-than-you-think/

The many corporate collaborators and sophisticated financial investors voted by $ and time that MVTG's ERC and MRFC were worth developing step by step. That is factual history.

From the published financials we have seen were the money came from and went. The officers here by comparison just earned a reasonable salary, not a windfall. I and Larry share the same investment results along with everyone else. Emotional rants are unbecoming of a true investor in this market, for we know the risks and the long range time it can take for a technology to be implemented. The real practical green potential we did DD on in the beginning is still here with an operating partner in AWS. May it bear fruit for all in good time.

Selective quotes and twisted lies seem to be great entertainment for some. Drugmanx simply completed the picture which is proper for all of us from published sources for a hopeful future.

You become what you enjoy doing...

Facts are stubborn things, at least one person has said. They can not speak for themselves and are not self-evident. They only have value to the extent the viewer(s) are objective and honestly as well as thoroughly interpret such facts in light of the environment in which they are drawn along with other consistent and relevant information.

Even some of Albert Einstein's theories needed revision and correction. MVTG's overall Financials are at a point in time and at this time I see ongoing potential worth hanging on to.

It would be more believable if a reference was given. Further, the persons involved here are not on the current AWS board. That is like blaming President Abraham Lincoln for the indiscretions of prior President Andrew Jackson. Hmmm...

Specific salaries of a given corporate officer are less important than the favorable achievements they have opportunity to bring. Such reference is a unnecessary distraction from the whole company issue. Time will tell. MEA now has focus without part of the administrative burden.

Financials presented in public media are required to be reasonable. Historic results form a pattern and show use of assets that is the basis for future year operations. So yes, 2012 IS relevant to today, especially as AWS management and public documents indicate some revenue growth since this time referenced. Until proven otherwise, I accept these figures as representative within a reasonable margin of significant deviation. AWS could have said no-thanks in the ICLD negotiations to its rather slender suitor.

Too much acid tends to make one constantly upset. Try the milk of extra-human kindness instead.

MVTG shareholders have in AWS an ongoing company with a successful history and cash flow. As I posted before, I do not conclude the minimal valued shares are free to the directors. ICLD had a better market presence and current future. The MVTG-AWS future has potential but must be earned by excellent management.

Opinions are easy to come by. Running and growing a business over time is a challenge and a half... I know that personally. Consulting can be a wise way to go, choosing the best contractors available at the time for the type of work to be done. AWS has my positive attention and opportunity to prove what they can now do.

"If you look for the bad in others, you will surely find it."
Abraham Lincoln

I see no reason for an R/S. Most of existing shares are not in ready float. It is also possible for these director shares to yet be converted to preferred. As has been pointed out, the use of the increased A/S may not all be used to payoff ICLD depending on the pps. Yes, the new management wants to get this from OTC to a better level. Solid earnings and increased corporate value will be needed to sustain that higher pps for it to work. They have been through this before.

I see good potential IMHO.

With your help perhaps I can do better than where I am at now with MVTG... what do you say?

IMHO it provides a different perspective and person from a successful operation... so we can make our own decisions a little better informed. GLTY

Agreed... I just bought some, but money bags I am not. May it be of benefit to all investors here...

Thanks - now it is verifiable from your post as well. Thanks for being here...

Mantra Venture Group CEO Delivers an Open Letter to Shareholders
2 hours 31 minutes ago - DJNF

Mantra Venture Group CEO Delivers an Open Letter to Shareholders
LONGWOOD, Fla., June 08, 2017 (GLOBE NEWSWIRE) -- Mantra Venture Group, Ltd, (OTC:MVTG) (the "Company"), has appointed Roger Ponder as its new CEO and the following is his update to the Company's shareholders:

"Dear Shareholders and Investors:

I wanted to take this time to formally introduce myself as the new CEO of Mantra Venture Group, and provide our shareholders an update on the company, its changes, vision, strategy and exciting future that we believe will create greater shareholder value over the long term. Larry Kristof, the Company's former CEO, will remain with the Company as the President of the Mantra Energy Alternatives subsidiary to continue the development work to commercialize alternative energy technologies.

The Company recently announced its intention to change its name from "Mantra Venture Group to "Spectrum Global Solutions, Inc." The name change reflects the acquisition of AW Solutions, Inc. and the significant expansion in services and solutions now able to be offered by the Company.

AW Solutions (AW) is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean. AW specializes in a vast array of comprehensive turnkey solutions to wireless and wireline communication carries, utilities and energy sector companies, aggregator management companies, enterprise/venue clients, original equipment manufacturers (OEM's) and project management offices (PMO's). The combination of Mantra Energy with AW provides our customers with a broad range of additional professional engineering and infrastructure solutions. AW Solutions brings to the Company strong operations, a track record of excellence in execution and a Fortune 500 client base producing over $10 Million in annual revenue. We expect to see solid revenue growth from AW's management team, national and international footprint, and breadth of comprehensive services.

The acquisition of AW Solutions enables this Company to take advantage of exciting new technology in the IT and telecom space and support for the deployment of Mantra Energy's technology.

In the telecom industry, there is the pending deployment of enhanced mobile and fixed solutions which includes: IOT deployment, 5G technology deployment; FirstNet national public safety system for first responders; and the development of disruptive technology with software defined

networks (SDN) and network function virtualization (NFV). There is a current need to deploy, expand and enhance the telecom and data networks as well as augment infrastructure and enterprise facilities to support this new technology and bandwidth demands of the market.

AW Solutions is developing its own proprietary technology. As a product and solution, AW has added Unmanned Aircraft Vehicles (UAV's) structural mapping and inspection services to its portfolio of comprehensive services. Through the development of proprietary technology, currently being patented, coupled with the use of the UAV fleet and other methods we are able to, with unparalleled precision, conduct structurally mapping, measurement, analysis and video capture of structures and associated technologies such as antenna mounts, telecom equipment, etc. Traditionally, to perform these services, it required structural climbing crews to physically ascend and measure the structural members. Now, we are able to perform our engineering solutions without the need for structural or tower climbing and thereby increase safety and increase productivity. This new proprietary technology has many other industry applications to include: telecommunications; utilities; government; energy; military; and transportation just to name a few and may provide a potential revenue stream in the future from licensing fees.

Mantra Energy Alternatives, spearheaded by Larry Kristof, continues to focus on developing and commercializing two electrochemical technologies designed to make reduction of greenhouse gas emissions profitable, ERC (Electro-Reduction of Carbon Dioxide) and MRFC (Mixed-Reactant Fuel Cell). The merger of AW into Mantra should not be a signal that we are giving up any existing energy technology assets. To the contrary, the merger enables Larry Kristof to focus on the development of these energy assets without additional capital constraints of a public company operation. AW can support that commercialization with their internal engineering and construction capabilities.

We will attempt to capitalize on these transformative changes in technology with strong operational execution, a focus on driving profitability through comprehensive service offerings and organic and acquisitive growth strategies. We will execute on a strategy to build, innovate, buy, partner, and seamlessly integrate. We will be acquisitive to increase our services, footprint and customer base in all our service offerings.

Our commitment is to develop sustained revenues and earnings. At the core of all our decisions is how can we increase shareholder value over the near and long-term. Whether we are a business buyer or a seller, the bottom line is the creation of real shareholder value. My goal is to grow this Company significantly over the next twelve months and seek up listing to a national exchange. We appreciate the support of our shareholder base and look forward to finishing 2017 with exciting results.

Roger Ponder

Chairman & CEO

About Mantra Venture Group:

Mantra Venture Group Ltd. (MVTG) operates through its AW Solutions and Mantra Energy Alternatives subsidiaries.

AW Solutions (AW) is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean. The Company's subsidiary Mantra Energy Alternatives is developing electrochemical technologies designed to make reducing greenhouse gas emissions profitable. For more information about the Company and its technologies visit the Company's website at: http://www.mantraventuregroup.com and its public filings at SEC.gov.

Forward-looking statements:

The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.

CONTACT:

Investor Relations

Mantra Venture Group, Ltd

561-672-7068

(END) Dow Jones Newswires

June 08, 2017 08:00 ET (12:00 GMT)

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Open Letter... did I miss a post here telling of this from two hours ago?

Mantra Venture Group CEO Delivers an Open Letter to Shareholders
2 hours 23 minutes ago - DJNF

Mantra Venture Group CEO Delivers an Open Letter to Shareholders
LONGWOOD, Fla., June 08, 2017 (GLOBE NEWSWIRE) -- Mantra Venture Group, Ltd, (OTC:MVTG) (the "Company"), has appointed Roger Ponder as its new CEO and the following is his update to the Company's shareholders:

"Dear Shareholders and Investors:

I will post the rest if useful to you fellow posters...

Do you have a suggestion on what MVTG should do now? Just curious... Thanks.

SPS50

Fair request:

As management, the director shares must be reported for sale in SEC documents in advance as you know, and at current prices makes them fairly illiquid and of little value unless they can get a solid volume and greatly increasing pps which would help everyone. For now, I interpret that as unavailable float.

In review of past ICLD financials, their directors were historically paid partially in stock for (quote) "services rendered". This is true of the current arrangement in MVTG for a company whose 2013 EBITDA was about $2 million.

https://globenewswire.com/news-release/2013/04/09/537041/10027923/en/InterCloud-Systems-to-Acquire-AW-Solutions.html

How fair this is may be open to discussion. They gave up benefits, etc. in ICLD as well as payroll. It is usual practice to liquidate prior stock holdings in a parent corporation (ICLD) which often comes a far less than market value. In short, I see this as an exchange and not "free" stock. Time will tell how this will play out. Certainly each person is entitled to further research on this. GLTY

What is toxic vs non toxic debt? Can one tell merely from the financials this difference without looking at LR goals? That debt is now translated into equity as news has communicated. So if debt is bad and shares issued are bad, what is left to finance a corporation until income arrives?

I am in the same position as most here... waiting for opportunities since Larry's shares have moved in value the same as all of us.

With only a 10Q and its future looking options, a few here now have a 100% accurate crystal ball with the funeral set in concrete. It is too early for that as James Bond often said.

By the way, those director shares are only of value if the corporation gives us value too... restricted in time as they are.
How nice as some assert that these directors gave up all their equity in old AWS, etc. for FREE.

"If you look for the bad in people, you will surely find it." ...
Abraham Lincoln

Thank you. So it appears Prof. Colin has been very patient with MVTG and may continue to do so...

Please supply legal details for such default.

Good points to remember. Sellers giving up too soon. I still have my MVTG t-shirt and wear it proudly around Tampa and Clearwater. The hoped-for progress news will come in good time IMHO.

Thanks for being here!

Little steps though greatly inferior are easier to grasp than big ones. There is no proof here of premature death of MVTG's technologies, only lack of profitable vision. In reading the Life and Times of Eistein, even the intial Special Theory of Relativity was demonstrated but took time to win the big guys over.

Perhaps you are the right one to promote this to the funding powers that be. I admit that is not my forte.

SPS50

Smiles on me... lost in circular reasoning. Until we have more official financials, AWS appears stronger in existing operations than MVTG. Perhaps together there is some synergy. We shall see.