Thursday, September 19, 2013 1:46:59 PM
This doesn't even factor in making any sort of adjustment for the fact that Alstom, one of the biggest players in the carbon capture field, thinks MVTG's tech is so promising they are willing to throw 7 figures at it for nothing more than the future potential of paying to pair it with their existing carbon capture processes.
I get that there's no tangible asset yet here and essentially the valuation is a representation of the risk/reward of the tech not working out. But I still don't understand how that doesn't cause people to rethink that equation even just a little bit.
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