My 2 cents. I think it’s safe to say most of us here have invested in MVTG because of it’s potential. Being 24, with not a lot of disposable income, it was either buy 100 shares of intel for example or find a developing company with great potential & take a sizable position. That being said I think it’s important to stay patient, remember why you invested in the first place, and keep in mind that this company is still in development phases.
With regard to the road shows & conferences, I understand frustrations that more volume hasn’t come in, but it’s important to point out that these guys are big fish & have serious money. It doesn’t make a difference to them whether they buy in at .50 or $1.00 etc. I would imagine some of these people would like to see MVTG hit some of it’s milestones first (completion of ERC, proof of concept of MRFC vehicle, sales, etc). Others probably want to wait until MVTG has moved off the OTC. There are a whole host of reasons.
I still have all the confidence in the world in MVTG. Even without a carbon tax, I think there’s a large shift in consumer awareness towards clean consumption. Look how much organic foods, farmers markets, etc have exploded over the years. Even fast food companies are feeling pressure to conform to better standards. It won’t be long before people start demanding that corporations play their part as well. And as a corporation, if I have a chance to not pollute, and turn a profit while doing so, why not? It’s a win-win.
With regard to the MRFC, we are in a perfect position in my opinion. We have an advantage against the competition in almost every category, and the idea of fuel cells as an alternative have been gaining more and more traction over the past 6 months to a year. Just take a look at Toyotas commitment to them for example.
Our time will come.
-Swan
