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Re: swiamca post# 16625

Sunday, 10/27/2013 12:59:05 PM

Sunday, October 27, 2013 12:59:05 PM

Post# of 85923
This is a great point. The agreement with Alstom gives them the right to purchase an exclusive license of any technology that comes about as a result of their joint venture. They also may potentially down the line need to assume an exclusive license to the ERC process as a whole. I don't think that's an issue given that Alstrom is probably the biggest CCS player in the world.

"Alstom will have the additional option under the agreement to acquire an exclusive license to intellectual property created by Mantra under the agreement, and to a license to Mantra’s ERC technology as may be reasonably required to exploit intellectual property assumed by Alstom. The agreement does not affect ownership of any underlying intellectual property of either party."

http://ih.advfn.com/p.php?pid=nmona&article=59142338

I think you're right in your point about the buyout. I don't think they are being discussed as a serious option currently but as in relation to the current market cap. With a $5-$8 million market cap it was asked what Larry "would" consider for a buyout and its certainly no where near where the stock is currently trading.
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