High Wire Networks Inc (HWNI)

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primary reasons for accumulation of MVTG now:

• Proprietary ERC Technology and Billion Dollar Market – In November 2007, Mantra acquired the 100% outright ownership of a chemical processing technology developed by the University of British Columbia's Clean Energy Research Center, entitled the Electroreduction of Carbon Dioxide (ERC). Powered by renewable energy, ERC combines captured carbon dioxide with water to produce high value materials, including: formic acid, formate salts, oxalic acid, and methanol. The immediate market for formic acid is approximately $1 billion.

• Profitable Market Opportunities - Upon successful entry into the lucrative market of CO2 reduction, a powerful and perhaps even more profitable market will develop for its useful by-products. Sodium formate and formic acid, two of the main by-products of ERC, currently have an average market value of $1,500/ton, with more than 600,000 tons of formic acid produced annually. Their applications are diverse, including feedstock sterilization, de-icing solutions, pharmaceuticals, and tanning of leather to name a few. In addition, Mantra has identified several potential applications for formic acid that would lead to a prolific expansion in market demand including: green plastics, next generation fuel cells, and fuel additives. See this Your Tube video that discusses formic acid:

• Major Advantages - ERC, instead of addressing carbon dioxide as the problem, harnesses its chemical properties as part of the solution. Capitalizing on the abundance of carbon dioxide being released from fossil fuel combustion, ERC converts CO2 to useful, financially profitable products. The process can be driven by renewable energy (hydro, wind, solar, tidal or nuclear) and there is potential for this technology to be applied in a closed-loop fuel cell cycle, whereby carbon dioxide is converted into a fuel that is then used in the cell to generate energy.

• New Technology Development Agreement Just Announced with Powertech Labs, Subsidiary of BC Hydro – After the close of trading today, June 19, Mantra Energy Alternatives announced a key new development agreement with a Company that is backed by one of the largest electric utilities in Canada. This agreement provides for testing facilities and expertise to advance the technology behind Mantra’s Electro-reduction of Carbon Dioxide process. It will also help design the ERC demonstration unit for the pending carbon capture and recycling (CCR) pilot project with Lafarge Canada.

• Pilot Demonstration Facility with Lafarge, the World Leader in Building Materials - Lafarge is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. Mantra is working with Lafarge Canada Inc. to build a pilot project for carbon capture and recycling.

• Low Comparable Valuation – With a current market cap in MVTG at less than $5 million, it is clear to us that huge upside remains in the stock. Calera Corp., a private Company in the Silicon Valley, successfully raised huge money recently for a technology very similar but does not showcase the ROI or positive economics that Mantra does.

• Potential for Carbon Offsets - Mantra also announced after the close on June 19 that it is working with Pacific Carbon Trust, a British Columbia Crown corporation, to assess the potential for Mantra’s ERC process to generate carbon offsets, which could help the technology move towards full commercialization. Scott MacDonald, CEO of Pacific Carbon Trust stated, ““The recycling of carbon dioxide for use in other applications is an exciting new way of thinking about – and ultimately reducing – green house gas emissions.”