I was nearly convinced this one was an elaborate, extremely well PR'd scam, and I was shocked to see the 3M VP name and signature on that document filed with the SEC. If that signature is forged, no doubt 3M will be all over them real soon, and that bad News would show up from left field overnight, and this whole thing would collapse overnight if it was forged. That said, I seriously doubt they would stupid enough to file that agreement with SEC if it was forged, even if it was a scam, as that is not penny stock PR scam style (At least I don't think is?), and it would be end of game too soon for no good reason, so I am now inclined to give this one the benefit of the doubt, and start digging a lot deeper to see what real potential it has, in spite of the CEO's past.
That does not mean I will be buying stock in it yet, I will now spend more time looking under the hood, kicking the tires, under rocks, rugs, back 40, etc, LOL, as this one could be ready to take off soon, with the recent stable prices and float. In fact I sort of wonder why it has not already soared, but then I look at CABN, and other great start ups I like, and many of them have not well done well at all last 2-3 months, in fact some totally legitimate ones have price performed far worse that Mantra recently. Money seems to be moving to perceived safer places the last 2-3 months, gold (until last 3 days anyway), dollar on Friday, and stogy old stocks with hard core dividends like utilities.
I for one, would love to get my hands on copies of any Mantra patent applications, etc on this one, as that is more my area of expertise than finance. I want to know more about the nuts and bolts of it and thermodynamics. Is any of that public yet? Or available with signed ND agreements?
