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Thursday, June 11, 2015 2:58:22 PM
MVTG made it into phase 3 of the Alstom contract, which means that Alstom was super imppressed with the phase II R&D results. Phase 3-4 should be a no brainer, leaving just phase five, the big Kahuna!!!!
I suspect that phase 5 may happen soon, and at about the same time that the Germans anoounce the funding of the Bavarian MVTG ERC, as I suspect the two are connected. Two many reasons for them to be connected to ignor.
While there has been no official sign of Alstom-GE interest in the MVTG fuel cell (yet), the MVTG fuel cell is one major mega billion dollar market application for expanding demand for formates and formic acid, which is what LaFarge will need to see before spending billions on world wide deployment of multiple MVTG ERCs to make formic acid and formates.
Alstom-GE is one of the top 5 largest power equipment and power plant design, construction and repair companies in the world, and as such has a keen interest in the second leg of MVTG IP-fuel cell potential both to produce and deliver mega watt power and as the third leg to possibly make battery back up power and storage obsolete with a first ever generation of practical cost effective rechargeable fuel cells that do not use a fossil fuel but use a man made natural organic fuel made out of waste CO2 green house gas from industrial stacks, and renewable electric power from solar and wind and geothermal power.
Do you really think the MVTG spark did not impress Alstom!!!!!!
In can not predict how soon the day will be when the first binary event hits here and MVTG share prices explode over $1/share, but I know it is coming.
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