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Re: Hammer1 post# 3156

Monday, 08/09/2010 12:21:58 AM

Monday, August 09, 2010 12:21:58 AM

Post# of 13348
Thanks for the warm welcome. I have 22 stocks that I am holding long. Many of them are alt energy of one sort or another.

Right now one of favorites, if it can get any notice and volume is MVTG.

It has a relatively low float, 1/2 of OS, and OS is only about 30 million shares, the insiders have been taking IOU's for paychecks for a year or so now, and have not been issuing shares to pay their salaries!!!!!! Which is almost unheard of!!!!

They have one of the top electrochemical engineers in the world (top ten IMHO) as the key inventor, Canadian DOE has given them grants in the past, they have patents, and they are in Korea this week to sign a deal with KC Kotrell (huge overseas design / Construction firm) and a major Korean coal fired power plant- Utility company, to build the worlds first electrolytic reactor to turn CO2 into a valuable chemical, namely Formic acid. No one is playing the stock yet, almost no daily volume months, took me 4 months to get lucky and buy some cheap shares. But the deal will be signed this week in Korea (they left for Korea Thursday/Friday last week, to do a formal press style signing....)

And they have JV deal with 3M (see the registered letter signed by the VP of technology filed by 3M, in the SEC filing 6-12 months ago).

Lots of good back ground on the Ihub board here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53074340

Read back about 50 posts, but be sure to read the Ibox:

http://investorshub.advfn.com/boards/board.aspx?board_id=12434

Only problem right now is this is (or has been) a buy and hold long term, FA stock play to a great extent, due to the near zero volume for months. But if the word gets out, and the stock is moving on some real volume when the news comes out, it could easily triple in a few hours or days! My target is .30 to $1.00 for now. WARNING, There is no liquidity volume to sell into (YET). I have already bought about 30,000 shares, averaged in at about .12/share.
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