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Doesn't seem impossible for you.
Are the lawsuits against Mantra or Larry?
If you have a link to lawsuit against Mantra I would be more than happy to post it.
As far as new address, what facts might they be other than they moved to a smaller place to save money, while times were slow.
WHO CARES?
If you happen to have a move updated address for Mantra Energy Alternatives I will be more that happy to change it. That is the last address I found.
It been posted here many times any errors in the ibox, please let me know.
Sorry, you seem to have a reading problem.
Ibox - it reads contact Mantra Energy, not Mantra venture Group, Notice it listed the down Mantra Energy website as well.
Emerald I am sure you have talked to the CEO.
Did he ever tell you he doesn't care about the share price?
Where do you think the CEO interest lies shareholders or himself?
Do you really believe he would ever give up control of the company?
Do you think that if he left the company, the technology will stay with the company or leave with him?
The important question.
Do you think he would ever gives up total control of technology to either license out or sell the company?
Please point out any views of the AAA MVTG gurus.
See I box nothing embellished, Just the facts.
That explains why you are so so confused, you don't know the difference between fact and fiction.
While old slides have been change to reflex updated company information, all information in the I box is Factual. Obtained from the company or directly from Gassnova's facebook page..
No information provided in the ibox is opinion, fabrication or speculation.
Slide about energy storage came from Mantra unchanged.
Maybe this might help you under the difference between fact and fiction.
Fact
noun: fact; plural noun: facts
a thing that is indisputably the case.
"the most commonly known fact about hedgehogs is that they have fleas"
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Fiction
noun invention or fabrication as opposed to fact.
"he dismissed the allegation as absolute fiction"invention or fabrication as opposed to fact.
a belief or statement that is false, but that is often held to be true because it is expedient to do so.
"the notion of that country being a democracy is a polite fiction"
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So, absolutely not
I would rather have them give guidance they can achieve or exceed than give a number they can't come close to.
My guess on no guidance at this particular meeting is due to the weather conditions and it lasting longer than past years, it put them in such a position where they can not calculate what they will be able to make up the rest of the year.
Or maybe this. Coincident they both happen on the same day?
Ransomware virus plagues 100k computers across 99 countries
https://www.rt.com/news/388153-thousands-ransomeware-attacks-worldwide/
Huge Cyberattack Hits Nearly 100 Countries With ‘Wanna Decryptor’ Malware
http://www.nbcnews.com/news/world/national-health-service-cyberattack-hits-english-hospitals-hackers-demand-bitcoin-n758516
The only thing I could come up with were a few articles that discussed the stock price on a down hill slide and the stock technicals hitting extreme weakness. The only thing I could guess is this might have trigger a computer algorithm to start the sell out.
http://news.cmlviz.com/2017/05/07/breaking-down-cellular-biomedicine-group-inc-nasdaq-cbmg--stock-drop-below-support--technicals-hit-extreme-weakness.html
https://www.equities.com/news/cellular-biomedicine-group-inc-cbmg-settles-into-new-52-week-low-on-may-11-session
I could not find any thing negative about the company itself that would cause such a massive decline. There is no bad news out there on management, trials, stock multiplication, or write ups from any stock analysis.
Usually this type of extreme drop is triggered by some type of substantial event, and I'll be darn I can't find any anywhere.
I can't find anything that might have caused this dcline today.
Anyone have a clue?
So your saying every job that was started before 12/31/2016 was finished by 12/31/2016, and that there was no carry over from quarter 4 to quarter 1.
Then where are they?
Carl you seem like a numbers guy help me out here.
Guidance was given roughly at 120 million for the year.
Which mean that revenue should average around 30 million a quarter.
The company brags about it's sale force producing record backlogs of 59 million.
Isn't this very misleading? The back log at the end of the 4th quarter was 48.5 million, an 11 million difference than that of quarter one. The record backlog really occurred only because the company was unable unable to complete the jobs on the books not because of any stellar work from the sales force. If you add the revenue of quarter one of 14 million to the difference in backlog 11 million you would still come up with an under performing quarter of 25 million.
It actually appears as if the sales force is grossly under preforming to reach the company's projection for 2017.
With 14 million in revenue and 59 million in back logs the sales force has to come up with 47 million in new sales within the next few months ( have to obtain and complete the new sales) just to make guidance for 2017. Also to reach guidance the company now has to average 35 million in revenue per quarter.
What am I missing?
Which point is that?
Intercloud retains 19.9% of AW solution to align itself to what they believe will be profitable higher margin company.
"Mark Munro, CEO of InterCloud stated, “The sale of this business asset is a continued attempt to realign InterCloud’s business units around profitable higher margin work. The AW Solutions sale has given InterCloud the opportunity to continue to improve our P&L and balance sheet. InterCloud is exploring the sale of other non-core assets as well. This reorganization is providing us the changes necessary to attract conventional asset based lending solutions in order to fuel growth in our core areas.”
If I were you, I would be more concerned with the Formic Acid Fuel Cell.
CEO states otherwise.
Moose, I could agree with most of your assessment if you weren't talking about a developmental stage company.
Developmental stage company usually don't have revenues and aren't expected to produce anything substantial until theyhave a product that goes to marker.
You say the stock is basically worthless, here I have to disagree with you. Case in point liquid Light while the company itself ended up going out of business their patents did carry value and were purchased by another company.
While fortunes have not smiled on MVTG over the last three years not all of it misfortune can be attributed to Mantra management.
It is a confirm fact that Mantra had a 5 year agreement with Alstom Power to co build a pilot plant at the Lafarge Richmond Cement plant.
It is also a confirm fact that during the year that the pilot plant was in the process of being built Alstom power was sold to GE and did not fulfill their end of the agreement.
Also from 2014 to the end 2017 government funds dried up for carbon reduction research. This was verified by Richard Adamson former president of CMC who stated, during that period in time his company (CMC) had to make major painful downsizing decisions to get though those lean years.
It was also the same Richard Adamson in the same interview, stated new government funds would start being able in 2017 to help bring technologies like Mantra's from lab to market.
So, yes things have been slow in the last two years as funds were scarce, but even though Mantra pressed forward demoing the first ever formic acid fuel cell, getting a patent approved in China and obtaining a new patent for Membrane-less reactor for the electro-reduction of carbon dioxide.
Why doesn't Mantra get million if it game breaking tech? The problem with a technology like Mantra's is that nobody wants it until they have to have it. Right now it cheaper and easier to just collect the waste CO2 and bury it. Once the companies start being charged on the amount of CO2 they are producing and still have to carry the cost of collection and disposing of CO2 than you will see millions thrown at techs likes Mantra's
With the Paris Climate treaty the world is just staring to wake up to the realization that a world wide tax on carbon will be a reality.
Notice how Canada that has implemented a tax of carbon has greatly increase it's budget in carbon reduction research. The industrial nations of the world will follow suit as a tax of carbon is initiated.
So remember when you do your observation of Mantra, you are observing a company in it's developmental stage and rate it's performance against what is expected from a developmental stage company not a fully operational one.
Told you where it was, all you have to do is look it up.
Now wouldn't changing the catalyst also change the amount of voltage needed to split the water molecular?
Mantra added a new subsidy with positive cash flow.
Not to shabby for a company with nil revenues.
I been here a long long time, what concerns me.
CEO openly says he doesn't care about the share price, which means he doesn't care about the shareholders.
He refuses to offer audit financials and openly states he never will. His excuse is that they are too expensive, The problem is that without audit financials the investor has no clue on how much business the company is actually doing.
Currently, the company employs 6 people, the CEO goal is to expand to employ 20 people. Not really blue chip aspirations.
CEO believes the technology is his not the company's so don't expect a buy out anytime soon.
I am afraid this will always be a one man operation, whose purpose is to serve the man not the shareholders.
It could be cleaning up the books for a possible buyout by NVS.
Wait, the filings state Intercloud retains 20% of AW Solution.
Hmmm !!!
Important links of recent company activities.
8k Mantra Venture Group/Intercloud agreement - May 1 2017
http://ih.advfn.com/p.php?pid=nmona&article=74468503&symbol=MVTG
Mantra Venture Group/Intercloud agreement- April 28 2017
https://www.lawinsider.com/contracts/2dMv2GHwfAV4YQ0NcNDa97/mantra-venture-group/1413891/2017-05-01
Mantra Venture Group PR of the AW Solution acquisition - May 1 2017
https://globenewswire.com/news-release/2017/05/01/975200/0/en/Mantra-Venture-Group-Acquires-AW-Solutions-Inc-and-its-Related-Entities.html
Mantra Venture Group form D -Small Company Offering and Sale of Securities Without Registration - May 10 2017
http://ih.advfn.com/p.php?pid=nmona&article=74554661&symbol=MVTG
Mantra Energy Issued new patent.
https://www.google.com/patents/WO2015035521A1?cl=en
Me too.
I believe Intercloud, because in the Agreement Mantra has the option of purchasing the remaining 19.9 percent at 125% of the 20% worth.
OK, let's read again.
If it was trimming the fat a 100% of AW Solution would be sold. Intercloud retain 20% of AW Solution.
I believe he is referring to Intercloud investment in Mantra Venture Group.
If as you believe and have been stating here many times happens and AW Solution takes over Mantra Venture Group, and Mantra Group becomes AW Solution.
Since Intercloud aligned it self with Mantra Venture, and Intercloud would own 20% of AW Solutions (Manture Venture Group, it looks like Munro sees Mantra Venture as a future profitable high margin company.
Speaking of the filings, check the filings of Intercloud acquisition of AW Solutions.
In the filings it shows AW Solution was the only subsidiary of Intercloud that was actually profitable.
The result of patience is up to the individual in Mantra.
Thanks, fixed