I was just looking over some other green stocks, some I also own, some I think about buying someday, when one of them got me thinking.
The one I was looking at, has a market cap of 61 million dollars, has a huge massive stock OS of 218 million shares (5 times MVTG), has a new style steam engine design (and patent), so the market is a hundreds of millions of engines market (to replace the basic engines we use now), but the sales are maybe $5,000 to $50,000 per engine depending on the size, market, application etc, so getting serious dollar volume sales at a solid profit margin, is IMHO a serious question.
Now here is the deal. Every Tom, Dick and Harry out there, mechanic, would be mechanic, etc, looks at that penny stock and gets it, he thirsts for a newer engine design with power, low emissions and great fuel economy. They know how huge the market unit volume potential is, and they GET "engines, and power plants", and thus that one stock has a huge following, and a huge Blue Sky stock price that is 10 to 50 times what it should be, when compared to say MVGT.
On the other hand, most of these grease monkeys don't get the GHG and climate change issues. They don't understand the MVTG technology itself, and just don't get the value of this, MVTG, stock. In their case their company needs to sell, build and deliver 1000 engines at $10,000 each, to reach $10,000,000 in sales, which requires distributors, OEMs, and a lot of hard work and a lot of staff, while a SINGLE full sized MVTG ERC system on one major coal fired power plant would probably run say $50,000,000 to $100,000,000, or 10 times the revenue of the engine company!!! That would be one sales effort, not 1000 sales, or 10,000 sales, but just one sale!
That is something we have never really talked about here!
No doubt someone will pester me as to which company I am doing the comparison on, so it is CYPW. It is a great little company, but I think compared to MVTG it is way overpriced, and MVTG is way underpriced.
Right now the market cap on MVTG is a fraction of what it should be. Which makes MVTG's stock price a real bargain. Just imagine the profit from the first major sale here, and you will get the picture!
One quick foot note, the other company has also had much more public exposure, like being feature in Popular Mechanics a while back, so it has a lot more eyes following it than MVTG.
Conferences like the one we got news on today, coming up in November, will help get the word out about this quite little gem of a company.
