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Friday, September 30, 2016 12:30:07 AM
Mantra Energy USA is a division of Mantra Venture Group LTD. any grants that Mantra Energy USA received would be for the benefit of improving the technology of the parent company Mantra Venture Group LTD.
MVTG is applying for those US grants though their collaborating partners instead of applying for them their selves. Saving the company the cost of operating a division that at present would be nothing more than an empty office.
So while Mantra Energy USA is not currently in operation the opportunities for funding that MVTG thought it could receive though the USA division are still available to them by applying for them though their collaborating partners.
At such time that MVTG receives funding of a project to justify the expense of reopening the Mantra Energy USA division it would be a simple matter of filing the paperwork.
Agree
Mantra USA was formed so that MVTG could pursue US grants, like US DOE, NAVY SBIR, and so on.... US grants. Grants have been applied for.
But because MVTG finances didn't work out like the company thought they would the company decided to go after those grants by other means. Applying for them though collaborating partners, (other companies and Universities).
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