$MVTG mega DD resource: http://mantraenergy.com/
First a summary and history. Today the MVTG OS is 57 MM, AS is 100 MM. MVTG has only used $8 MM in 7 years to get where they are today. MVTG is 100% fully SEC reporting, OTC QB, and always has been since the IPO, never a R/S, never a R/M.
MVTG has 3 core technologies 5 or more patents applied for world wide, and 3 issued, and at least 3 more applied for that have been confirmed so far.
1) Revolutionary new MVTG Fuel cell, MRFC, Mixed Reactant Fuel Cell (patent issued in the UK, and pending world wide), does not need platinum, or PEM membranes (they cost more than a Detroit gas engine, huge barrier to the car market), or bi-polar plate electrodes, or hydrogen that are all huge cost and infrastructure barriers to the vehicle markets. Estimated costs are 50% below all the best current fuel cells. They run on ambient air and formates, formic acid or borohydride fuels, all safe, room temperature, ambient pressure storable, non flammable fuels.
2) Revolutionary ERC electrochemical reactor, 2 patents issued, more pending worldwide, that converts the GHG CO2, carbon dioxide, into formic acid/formate fuels and can do so at a profit based on current market prices. It uses renewable electric power, like solar and wind, geothermal, to move one hydrogen atom from water onto the CO2 (as H2CO3) molecule to form formic acid in the reactor
3) Revolutionary, first of its kind, rechargeable flow through fuel cell, that runs on non-flammable, bio-degradeable, fuels including Formic acid, formates and borohydride fuels, that can be stored in standard non pressurized tanks, and room temperature. It is a combination of 1 & 2 above, both patented. It can replace lead acid batteries for storing renewable wind and solar energy, and it can be used in power back up systems world wide.
Professor Colin Oloman, UBC Univeristy, home to one of the Ballard Fuel Inventor-professors http://www.chbe.ubc.ca/faculty-staff/oloman.php
Oloman is a graduate of the Universities of Sydney and British Columbia and has been engaged in the field of chemical engineering for 40 years, both in academia and industry. A professor emeritus, professional engineer, member of the Chemical Institute of Canada and the Electrochemical Society, Oloman has authored or co-authored three books (Ol's Notes on Material and Energy Balances, Electrochemical Processing for the Pulp and Paper Industry, Handbook of Fuel Cell Modeling) plus numerous proprietary reports and publications in technical journals (www.chml.ubc.ca). He is also an inventor or co-inventor of some twenty U.S. and international patents http://www.oloman.ca/
The MVTG technology inventor, Professor Colin Oloman patents:
Here is the actual issued UK fuel cell patent and India (and China) ERC issued patent!!! The patents are pending world wide!!! The first two have just recently been issued!!! The new ones just announced are not yet published.
Here is the issued Fuel cell patent, an entire new generation of ultra low cost fuel cell! http://www.ipo.gov.uk/p-find-publication-getPDF.pdf?PatentNo=GB2474202&DocType=B&JournalNumber=6426
Here is the first issued international patent on the ERC that converts CO2, The Green House gas that causes global warming/climate change, carbon dioxide, into a liquid fuel, formic acid! http://22.214.171.124/patentsearch/GrantedSearch/completeSpecification.aspx?ID=878/MUMNP/2008
Those are links to the entire patent file, about 100 pages in all!
MVTG Partner-Customers-commercial Funding collaborators-Team members:
LaFarge https://www.facebook.com/Lafarge http://www.lafarge.com/
Alstom https://www.facebook.com/alstompower http://www.alstom.com/power/
Kemira (second largest supplier of Formic acid in the world) http://www.kemira.com/en/Pages/default.aspx
NORAM (did the latest final design and drawings and specs for the Lafarge MVTG ERC) http://www.noram-eng.com/groups/electrochemical-group-overview.html
SEC filings of note:
8-K material agreement with Alstom http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9621266
Item 1.01 Entry into Material Definitive Agreement
Framework Agreement with Alstom (Switzerland) Ltd.
On June 24, 2013, through our wholly owned subsidiary Mantra Energy Alternatives Inc., Mantra Venture Group Ltd., (“we”, “us”, “our”) entered into an Agreement with Alstom (Switzerland) Ltd. concerning the joint research and development projects relating to (1) a pilot plant for the conversion of carbon dioxide to formate at a Lafarge cement plant (the “Lafarge pilot project”) and (2) the development of processes for the conversion of carbon dioxide to other valuable chemicals.
Pursuant to the Agreement Mantra and Alstom will co-operate in one or more research and development projects related to Mantra’s Electro-Reduction of Carbon Dioxide (ERC) technology. Prospective projects will be associated with the development of technologies and processes for the conversion of CO 2 to chemical products and the investigation of the feasibility of scale-up and commercialization of these processes. Prior to undertaking any research and development project under the agreement, Mantra and Alstom will mutually agree to special terms and conditions governing the purpose, aims and objectives of any such project, including technical descriptions, the designation of work phases and project managers, and the allocation of responsibilities and costs between the parties.
Intellectual Property Management
Mantra and Alstom also will establish an intellectual property committee.........................
10-Q, announced massive $148,000 first ever gross profit and revenue. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9716925
MVTG home page: http://mantraenergy.com/
You tube video of the MVTG ERC and MVTG MRFC connected and running, converting CO2 to formic acid, the formic acid running the fuel cell and powering a light, in real time, presented by Professor Colin Oloman. http://mantraenergy.com/mantra-energy/technology/video-demonstration/
This video demonstrates the integration of Mantra's ERC and MRFC technologies, presented by their inventor, Professor Emeritus Colin Oloman. The station includes both an ERC reactor, which uses electricity to convert a stream of carbon dioxide into formate, and an MRFC reactor, which uses that formate to recover a portion of that electricity to power an LED light. Such a strategy represents the potential of carbon dioxide as an energy storage medium.
A ton more hard core DD is here: http://mantraenergy.com/news/press-releases/ http://mantraenergy.com/news/mantra-in-the-news/ http://mantraenergy.com/news/publications/ http://jes.ecsdl.org/content/155/1/B42.abstract http://mantraenergy.com/mantra-energy/technology/erc-technology/
ERC, or the “electro-reduction of carbon dioxide”, is one of the few existing carbon utilization technologies. ERC employs electrochemistry to convert carbon dioxide into valuable products. The chemicals that can be produced in this way include formic acid and its salts, carbon monoxide, methanol, formaldehyde, and hydrocarbons. While Mantra is exploring all of these options, the formic acid/formate salts technology is the company's most developed.
The cornerstone of the technology is the ERC reactor. At the cathode of this electrochemical reactor (shown below), carbon dioxide, which is in a two-phase mixture with a liquid electrolyte, is electrochemically and catalytically converted to the product - in this case formic acid.
Electrons are provided by one of a variety of possible oxidation reactions at the anode of the same reactor, which will produce a useful co-product. If, for example, water is oxidized at the anode, oxygen gas will also be produced. This co-product also has value, and it can be used or sold to further improve the economics of the process
Although the reduction of water to hydrogen gas at the cathode is thermodynamically favored over the reduction of carbon dioxide, the latter can be promoted by employing an appropriate cathode material. This material is known as an “electro-catalyst” and its selection is vital to the function of the reactor. Several metals, such as tin, are excellent for this application, and Mantra Energy is currently developing these catalysts further.
Mantra Energy obtained the intellectual property rights for the ERC technology from its inventor, Professor Emeritus Colin Oloman, in 2008. Ongoing research by Mantra Energy and its partners continues to reduce the energy consumption of the process, improve its overall efficiency, increase catalyst activity and selectivity, and improve the process concept towards a complete turnkey system.
Recent news: http://mantraenergy.com/mantra-venture-group-enters-agreement-with-swiss-performance-group/ http://mantraenergy.com/mantra-announces-us-patent-for-fuel-cell/ http://mantraenergy.com/mantras-ceo-provides-corporate-update-to-shareholders/
July 7, 2014
Vancouver, British Columbia – Mantra Venture Group Ltd. (OTCQB: MVTG) and its subsidiary, Mantra Energy Alternatives, have announced the granting of the US patent for its Mixed-Reactant Fuel Cell (MRFC) technology. US Patent No. 8,709,680 B2, titled “Mixed Reactant Flow-By Fuel Cell”, is the second issued for the MRFC, the first being the British patent GB 2474202 (2012). Mantra owns the exclusive worldwide license for this technology, which has been patented by its owner, Professor Emeritus Colin Oloman, a key member of the company’s Scientific Advisory Board.
The MRFC is an unconventional fuel cell that promises to simplify and reduce the costs of fuel cell systems. Because it uses a mixture of fuel and oxidant, the expensive, failure-prone membrane can be eliminated and the balance of the system correspondingly simplified, offering the potential for a smaller, lighter, and cheaper fuel cell. The MRFC additionally uses liquid fuels, thereby avoiding the myriad difficulties associated with the storage and distribution of gaseous hydrogen.
The awarded patent covers several liquid fuels and various cell configurations such as the novel Swiss-roll architecture. The fuels covered include formic acid and its salts, products that can be derived through the conversion of the global warming agent carbon dioxide by Mantra’s other process, ERC. The integration of these two technologies represents a unique opportunity in the field of energy storage, a rapidly growing market that is recognized as the key to renewable energy technologies.
“The granting of a US patent is a verification of the novelty and uniqueness of the MRFC,” said Mantra’s CEO Larry Kristof. “This news comes at the perfect time for Mantra, as we are currently accelerating our development work toward a demonstration of the technology.”
Part of this acceleration includes the addition of Piotr Forysinski (Ph.D.) to the Mantra team as Product Development Engineer for the fuel cell. Dr. Forysinski, who obtained his Ph.D. in Physical Chemistry from UBC and his MChem from Heriot-Watt University in Edinburgh, Scotland, brings to Mantra an impressive breadth of engineering experience. This includes the construction and commissioning of a custom molecular beam epitaxy system and a 30 mK scanning tunneling microscope, and the design, construction and operation of a novel mass spectrometer with a tune-able XUV laser light source and custom-built ion optics. For the latter project, Dr. Forysinski, then a graduate student, lead the team in the technical design and construction of the apparatus.
“We are extremely excited about the addition of Dr. Forysinski to the Mantra team,” said VP of Corporate Development Patrick Dodd. “He has a truly unique set of skills and has already shown his ability by contributing to the reactor design.”
About Mantra Venture Group
Mantra Venture Group Ltd. (OTCQB: MVTG) is a clean technology incubator that takes innovative emerging technologies and moves them towards commercialization. The Company, through its subsidiary Mantra Energy Alternatives, is currently developing two groundbreaking electrochemical technologies designed to make reducing greenhouse gas emissions profitable, ERC (Electro-Reduction of Carbon Dioxide) and MRFC (Mixed-Reactant Fuel Cell).
ERC is a form of “carbon capture and utilization” (CCU) that converts the polluting greenhouse gas carbon dioxide into useful, valuable products including formic acid and formate salts. By utilizing clean electricity, the process offers the potential for an industrial plant to reduce emissions while generating a salable product and a profit.
The MRFC is an unconventional fuel cell that uses a mixture of fuel and oxidant, thereby greatly reducing the complexity and cost of the fuel cell system. Ideal for portable applications, the MRFC is cheaper, lighter, and more compact than conventional fuel cell technologies.
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For more information go to: http://www.mantraventuregroup.com
Investor Relations: John Williams
(604) 495-1766 (Canada)
(502) 214-5932 (USA)
Company Contact: (604) 560-1503