"WallStreet" Surfers

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$MVTG hot of the news wires, huge deal another one!!!!

Huge news just out on MVTG, the second event in barely a week!!! Last week was news of a $450,000 Canadian Grant, not a loan but a huge Grant!!! For the same ERC technology as today's news of a new customer in Germany singing on for the MVTG ERC....!!!!


The ERC MVTG technology is one side of the MVTG energy storage device!!!! The second half is the MVTG MRFC fuel cell, that when coupled to the MVTG ERC reactor, cycles CO2 as carbonate electrolyte in the worlds first rechargeable fuel cell!!!


http://bit.ly/1Edb3sG

Mantra Venture Group Ltd. (OTCQB:MVTG) and its subsidiary, Mantra Energy Alternatives Ltd., have announced that BrauereiAyinger of Aying, Germany, has agreed to host the company's first European demonstration project.


Mantra and Ayinger have executed a Memorandum of Understanding (MOU) that Ayinger will serve as the host for the project, which will see the brewery's CO2 emissions converted into high value chemicals using Mantra's technology.


"This is the ideal timing and location for us to launch a demonstration for new chemical products," said Mantra CEO Larry Kristof. "We have the right interests and partnerships set up in that part of the world to move quickly from demonstration to scale up and commercialization, and Ayinger's participation in this demonstration indicates the interest that industry in Germany has in our technology."


The project will involve the deployment of a demonstration plant for Mantra's ERC technology, which will convert the brewery's CO2 emissions into chemicals and chemical intermediates. This demonstration will be on the same scale as the pilot Mantra is currently deploying at the Lafarge cement plant in B.C., but will produce a different range of chemical products.


"It is important for Mantra to demonstrate this technology with different CO2 sources," said Patrick Dodd, Mantra's VP of corporate Development. "A brewery is an excellent fit for us because they release highly pure CO2 from their fermentation processes. Additionally, Bavaria is widely recognized for technological innovation, and the presence of global leaders in the engineering and chemicals industries in the region makes it a very exciting place for Mantra to operate."


The relationship with Ayinger, along with other potential collaborations, was established during Mantra's recent trip to Munich for the city's annual festival, Oktoberfest. The trip also resulted in the establishment of a Mantra GmbH in Munich, which will be finalized in the coming weeks.


"We are thrilled to welcome and assist Mantra Energy with their expansion to Bavaria," said Jan Danisman, Executive Director of the Bavarian U.S. Offices for Economic Development, an organization from which Mantra has received a great deal of support. "The company's proven science and the strong enthusiasm from investors, as seen at Invest In Bavaria's recent conference in New York, OktoberINVESTfest, is a clear indicator of continued success in the future."


Bavaria leads the German states in its commitments to and investment in climate protection, having invested 750 million Euros from 2008 to 2011 alone.