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Re: Ecomike post# 28523

Tuesday, 11/04/2014 11:02:21 AM

Tuesday, November 04, 2014 11:02:21 AM

Post# of 85927
I do not think many of our attendees here understand the tech BUSINESS model MVTG is pursuing.

Research and commercialization costs have,are and will be underwritten or shared with significant organizations. Future developments under license can let the licensee develop and adapt for their particular industry on a case by case basis. The licensees will pay for the construction of future equipment, not MVTG. This greatly eases cash flow, profits, etc.

MVTG would like to develop other technologies in the future as well that have the similar characteristics as ERC and fuel cell. They sure have much on their plate already in terms of potential.

Thoughts?