Ecomike, Good response to Big Daddy and his Momma, as while MVTG is a spec stock, IMO, I really like the risk/reward potential as MVTG has real practical and potentially very profitable "Green" technology needed today.
Waiting for events to occur is one reason why MVTG is currently called a speck stock as once MVTG gets the anticipated funding and contract(s) then, IMO, most likely the stock may quickly be in the $2 plus range?
I'd rather be patient and assume the risk and buy MVTG now and keep up with the Global "Green" awareness movement and MVTG's PR and apparent continued technology advancements rather than wait and miss a potential quick upside move. Fortunately, IMO, through wise preservation of capital, MVTG seems, to have enough short term resources until potential good funding or contract(s) news is released.
I believe that MVTG appears to have already discovered the science and patents required for several potential Billion dollar markets:
1. Global patents issued to MVTG to help convert dangerous CO2 emissions into viable and profitable safe chemical byproducts (ERC),
2. a safer (Non-hydrogen), lighter weight and more INEXPENSIVE fuel cell (MRFC) that IMO, is far superior to fuel cell technology being used by many 'older' fuel cell type companies.
Yes, doing the in depth due diligence that many MVTG longs have done and actually reading many of the patents and meeting Mantra's mgmt staff does give many of us long term investors more knowledge and confidence in Mantra Energy.
If one views Mantra as a long term investment, 'outsiders' IMO, may be surprised to see near term pleasant upside results as well. Yes, this may not be Momma's type stock for those who can't afford the risk, but I intend to add more MVTG stock to my portfolio at these prices.
