Just got an alert on MVTG
New Alert for Wed. 2/22/17
Mantra Venture Group, Ltd. (MVTG)
Today's alert, Mantra Venture Group, Ltd. (MVTG) closed Tuesday afternoon at $0.0041 and this could be setting up for something BIG heading into the open. Keep in mind that the last time MVTG was trending between 0038-0041, it ended up skyrocketing to highs of $0.006 and that was only a few weeks ago....We know this is just a tiny move but that's the excitement surrounding sub penny alerts.
Throw in the latest developments and a tiny market cap plus a low float and this could be the perfect storm for an exciting open! If you missed the full reporter from last night you can read it in full below. Right now there's still time to get ready for the bell so finish up your DD, pour yourself another cup, and strap in because today's open could be one to remember!
Who's MVTG?
MVTG is a clean technology incubator that takes innovative emerging technologies and moves them towards commercialization. But what the company could be on the verge of may mark a serious tipping point in the near term. MVTG owns the critical intellectual property applied for in WO 2007/041872, titled Continuous Co-Current Electrochemical Reduction of Carbon Dioxide. In short, this “ERC” technology has given Mantra the ability to chemically convert CO2 to a variety of products including formic acid, carbon monoxide, formaldehyde, and hydrocarbons such as methane and ethylene.
In doing so, the technology offers the promise of reducing emissions of carbon dioxide while generating valuable products for the company or its licensees to resell to businesses involved in industries like manufacturing and oil & gas...and with Trump in Office, the manufacturing industry alone could be set to get it's own boost
But what they've just outlined in their recent shareholder update could set the tone for the company this year:
MVTG Issues Shareholder Update
MVTG team members traveled to Beijing and Shanghai to attend the Canada-China CCUS Forum and Mission as one of 10 companies comprising the Canadian delegation. MVTG is involved in a number of on-going follow-up discussions with Chinese business, industry, and academia representatives since the event.
MVTG is also awaiting the announcement of a recent Canadian funding opportunity for the construction of a pilot facility of its ERC-to-syngas technology at the Carbon Capture and Conversion Institute (CCCI) in Vancouver, for which it has submitted a full application. The grant would also cover equipment developed by a local partner for the upgrading of Mantra's synthetic gas product into diesel fuel, thereby showcasing the complete cycle of "recycling" CO2 back into a liquid fuel using only water and renewable electricity...continue reading here
Billions Are Being Spent On This Industry!
Even naysayers and outliers in the scientific community can agree that that the concentration of carbon dioxide in the earth’s atmosphere is increasing to unacceptably high levels. The combustion of fossil fuels, the world’s primary source of energy releases the greenhouse gas, which absorbs energy re-radiated from the earth and contributes to global warming. Although the consequences are highly uncertain, it is presumed that this effect serves as a primary contributor to future, irreversible climate change, threatening the balance of the earth’s ecosystems and life on earth.
The US Department of Energy has invested more than $4.8bn in CCS development and testing since 2009. Last year, it announced a $44m grant to 16 CCS projects from California to Georgia...and that's just in the US.
China could be a big market for CCS because it depends heavily on coal for energy and has expressed an interest in using carbon capture to meet its Paris targets, says Matt Gray, senior utilities & power analyst for the nonprofit financial think tank Carbon Tracker, in a new report.
The Holy Grail?
MVTG’s patent has been awarded in India, China, Australia, and Canada, and is currently under review in the U.S. and Europe. According to the company, several additional patent applications pertaining to the ERC process have been filed since the original, as a result of ongoing experimental work. Mantra’s patented chemical processes that convert the problem greenhouse gas CO2 into actual feedstock is like the holy grail of renewable energy utilization.
MVTG’s first product/application is formic acid, but with 31 billion metric tons of CO2 emitted annually, the number of applications is huge. Furthermore, MVTG’s strategic relationships with some of the world’s leading firms could provide tremendous validation of the Company’s approach and market opportunities. According to the company, MVTG is set to begin production of its system for a field test with Lafarge, the largest provider of building materials in North America, and Alstom, the leading power generation company in Europe.
MVTG is currently in the process of building the world’s first pilot plant for ERC. This plant will convert CO2 emissions from the Lafarge cement plant in Richmond, BC, into formic acid and its salts. These are chemical products with a global market of $1 billion; other chemicals that can be produced through this technology have markets of over $30 billion! But where many others in the space look to be a source of CCS, MVTG could find exponential growth through its licensing model.
Instead of outsourcing sales and obtain clients, Mantra will benefit from licensing the technology to end users in industries like power production, manufacturing, and as an effective carrier of hydrogen for fuel cells. Licensing, royalties, and much more that MVTG could take advantage of just by being well positioned ahead of a global move toward emissions reduction!
Bottom Line
It doesn’t take long to see the mounting need for carbon control nor does it take long to realize the large potential that carbon capture utilization can mean for companies capable of streamlining and capitalizing their business model.
MVTG has created means to not only capture carbon and decrease industrial carbon footprints, but they’ve also found a way to turn that carbon into usable resources to then sell to other industries of scale.
Today (2-22) we're looking at another low float sub penny alert, MVTG, that is coming on the heels of its first major developments of the year. Patents in place around the globe, more applications being filed, and a recent push to grab a foothold in one of the biggest markets for this industry, China, are just some of the major factors to look at with this company, in our opinion. Stay tuned!
Pursuant to an agreement between us and Mantra Venture Group (the company) we have been hired for a period beginning 2-22-2017 and ending 3-22-2017 to publicly disseminate information about (MVTG) including on the Website and other media including Facebook and Twitter. We are being paid $35,000 (CASH) for or were paid “ZERO” shares of unrestricted or restricted common shares. We own zero shares of (MVTG), which we purchased in the open market. We plan to sell the “ZERO” shares of (MVTG) that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of (MVTG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
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