Friday, May 16, 2014 9:26:36 AM
I don't want to make too much of this, or get too speculative, but this seems like significant news to me.
As you know it was after reading the scientific review of the MRFC at the beginning of the year and seeing that Professor Hideaki Kasai was involved with MVTG that I loaded up on MVTG heavily. I found researching Professor Hideaki Kasai that he appeared to have a history of working with Daihatsu, now owned by Toyota.
It is also Professor Kasai that has a long history of researching alternative (cheap and common) metals as a catalyst and the use of hydrazine. I can't prove it, but I suspect his influence on the MRFC design when MVTG announced road trials using hydrazine in addition to formic acid as a possible fuel source.
Maybe nothing ever comes out of this. I certainly wouldn't recommend anybody to buy MVTG just for this angle. But as an already existing shareholder, this is one of the most interesting potential plotlines that exist IMO.
Talking about potential binary events, now that would be something to see. The impact of that would put MVTG squarely in focus as a company with the technology that actually might deliver on the early hopes for fuel cells in the 1990's.
Thanks for sharing. I did not see that except for here.
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