Wednesday, July 25, 2012 9:26:31 PM
http://www.laboratoryequipment.com/news-Greenlands-Freak-Icemelt-Caught-by-Satellites-072512.aspx?et_cid=2765315&et_rid=54636900&linkid=http%3a%2f%2fwww.laboratoryequipment.com%2fnews-Greenlands-Freak-Icemelt-Caught-by-Satellites-072512.aspx
I spoke with Larry, MVTG CEO, for nearly an hour today. It had been a couple months I think since we had the chance to visit. There were a few minor questions I had that I got all answered. Nothing of a confidential, or insider info nature, just some minor fussy quasi tech questions here and there.
After some reflection, the fuel cell patent it seems may be a lot bigger deal than I thought, short term and long term. I always knew it was in the works, I, we knew that IP research results existed....but I was not aware (maybe I just forgot) that a patent was even pending for the new fuel cell.
Just dawned on me that it may be more closely related to the ERC in design than I thought, as it feeds a 2 phase, gas and liquid reactants to the cell, which I think is cutting edge (I will dig into that and report back). I just had not dug deep enough into the details of it as I was so focused on the ERC itself since it was so new, novel and cutting edge, and the fact there were other formic acid fuel cells already around (How good they are, I don't know), that I had not payed much attention to the status of it, or the novelty of it.
I think we may be closer to finally seeing the MVTG stock price finally go ballistic, than we were thinking. We have thought this before, and been wrong, so who knows. But a technology that could interface with a wind turbine and solar cells, to convert CO2 into a liquid formic acid fuel, stored for use when the wind stops blowing or the clouds show up or the suns sets, and feed the formic acid product to an MVTG mixed reactant fuel cell to supply power during those solar and wind black outs, is just what the solar energy micro grid needs and the Cement industry needs!
I am moving my target price for MVTG to $2/share by July 2013!!!
Don't forget that we may see more countries issue these same patents at any time, adding to stock holder IP value! Things are moving much faster than we have gotten use to the last 18 months!!!
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