1. Buyout offer by 3M when it was in it's infancy, in 2009, offered to buy MVTG for 5 million dollars, before any patents had issued, MVTG CEO Larry Kristoff turned down the offer. 3M had a greed to do a JV with MVTG to pursue a US DOE grant in 2009, waisted 6-9 months of MVTG time, and then pulled a double cross, and changed their mind on the DOE grant application when it was too late for MVTG to find a new partner, and tried to steal the company for petty cash. With three issued patents now, and more coming, the stock is way undervalued here based on market cap.
2. 3 Public patents are issued, inforceable, and readable on line, in the UK, India and now China (just announced).Others are now seeing late patent application claims denied due to existing MVTG patents and priority dates predating recent copy cats!! Sooner or later one or more of them with deep pockets may start a bidding war to buy MVTG.
3. Partnership with LaFarge, a multi-billion dollar international company acknowledged in a Company publication the JV deal and high hopes LaFarge has for the MVTG ERC to capture CO2 and revenue for LaFarge.
4. Prototype lab demonstration that has brought in many committed shareholders. Most of the MVTG shareholders bought shares as accredited investors, and have been buying up retail shares. These same people have meet the CEO, Professor Colin Oloman, and the new full time Chemical Engineer (more on him shortly smile ) that joined MVTG this year and they have been to MVTG, seen the lab unit run.....etc.
5. Written technology write ups in many professional trade magazines described as "potentially disruptive" technology.
6. Accepted for commercial engineering design by a major industry firm, NORAM, happening right now (I say accepted as I don't believe this firm just takes on any project.) Yes that is correct!!!!
7. Developed by a published leading scientist in the field. Yes! Published for 40 years now, one of the top electrochemical engineers in the world.
Years with CHBE: Since 1972 email Biography [35 KB PDF]
M.A.Sc., British Columbia, 1974 B.E., Sydney, 1963
On This Page:
Research Interests Publications Other Affiliations/Memberships Teaching
RESEARCH INTERESTS
Electrochemical engineering is a branch of chemical engineering concerned with the conception, design, construction and working of electrochemical systems such as electrosynthesis reactors, electrochemical power sources (batteries and fuel cells), metal winning, electroplating and electrochemical machining operations.
Colin Oloman’s research is concerned with the exploration, design and development of novel electrochemical reactors for electrosynthesis and power generation. The work typically involves experiments from the bench (mA) to small prototype (100 A) level, along with reactor modeling based on material, energy and voltage (charge) balances.
Oloman’s work is presently focused on the potential for coupling electrosynthesis with electrochemical power generation in carbon neutral “regenerative” fuel cell cycles. The aim here is to develop improved and/or simplified electrochemical reactors for application in new energy systems that reduce dependence on fossil fuels. RECENT SELECTED PUBLICATIONS
C.Oloman, "Materials and energy balances for engineers and environmentalists", Imperial College Press, 2009. ISBN 1-84816-368-1. (Cover of Book) A. Bauer, C. Oloman, E. Gyenge, “Three-dimensional anode engineering for the direct methanol fuel cell”, J.Power Sources. In press 2009. C. Oloman, H.Li, “Electrochemical processing of carbon dioxide”, ChemSusChem 1(5), 385-391, 2008. N. Gupta, C.Oloman, “Modeling a perforated bipole trickle-bed electrochemical reactor for generation of alkaline peroxide”, J.Appl. Electrochem. 38(2),131-149, 2008 C. Oloman, D.Lencar, A.Orlitzky, “Electrolytic generation of nitrogen using azole derivatives”, US Patent 7,429,315 A2, 30 Sept. 2008. H. Li, C.Oloman, “Development of a continuous reactor for the electroreduction of carbon dioxide to formate. Part 2 – Scale-up”, J.Appl. Electrochem. 37(10), 1107-1117, 2007. J. Zhang, C.Oloman, “Electrooxidation of carbonate in aqueous solution on a platinum rotating disk electrode”, J.Appl. Electrochem. 35(10), 945-953, 2005. E. Gyenge, C.Oloman, “The surfactant promoted electroreduction of oxygen to hydrogen peroxide”, J.Electrochem. Soc. 152(3),D43-D53, 2005.
OTHER AFFILIATIONS/MEMBERSHIPS
BC Association of Professional Engineers and Geoscientists (APEGBC) Chemical Institute of Canada Electrochemical Society Pacific North West Section of Electrochem Society
TEACHING (up to 2004)
CHBE 241 - Material and Energy Balances CHML 242 - Chemical Process Technology CHML 245 - Applied Thermodynamics CHBE 262 - Chemical Engineering Lab CHBE 357 - Interfacial Phenomena CHML 362 - Chemical Engineering Laboratory CHBE 454 - Process Design Project CHML 457 - Process Synthesis CHML 464 - Chemical Engineering Laboratory CHBE 477 - Fuel Cell and Electrochemical Engineering CHBE 577 - Electrochemical Science, Engineering and Technology APSC 150 - Engineering Case Studies APSC 261 and 262 - Technology and Society
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