So far the Alstom contracts cover just the ERC R&D results for new products and catalysts to make additional products from the ERC such as syn gas (30 billion dollar market) and ????, formaldhyde (100 billion dollar market). One of those could be what Larry is working on in Germany, a JV deal to build a billion dollar plant there.
See the last 8-K filed in 2013 at the SEC and it covers the cost sharing of the LaFarge MVG-ERC pilot plant. Alstom does not yet have a deal for the MVTG fuel cell or the energy storage rechargeable package that uses the MVTG ERC and MRFC devices in series to make the worlds first rechareable fuel cell.
I am starting to see that I am still one of the few people (other than Alstom and Lafarge now) that understands and sees the entire picture of what MVTG has to offer in the energy storage field.
Frankly I just connected all the dots on it my self recently ( and I have the degrees, patents and work experience to see it first), so I guess I should not be too surprised. But then again I was the loan wolf here buying up MVTG shares all of which I still own, bought in 2009, 2010, 2011, 2012, 2013 before LaFarge, or Alstom got involved. I started buying just based on the MVTG ERC patent application (before a patent was ever issued, it was just pending, under examination.....) based on the application and pedigree of the inventor and university, Professor Colin Oloman and UBC University and Canadian grant funding that produced the MVTG ERC technology that makes a commercial fuel-organic compound, formic acid and formates, out of a huge problematic waste that threatens climate change disaster.
Anyone that has any doubts, and that has not talked to the MVTG CEO should call the CEO and ask questions. Not calling the CEO and asking questions is like walking down a dark alley with a blind fold on. I would never trust investing the huge investment I have in MVTG with any company where I had not asked every question I could, from source I could first. I have asked my questions of every member of the MVTG staff, Professor Colin Oloman, Amin, Patrick Dodd, Randy Gue, Geyenge, and others..... and I have found no gremlins hiding under the rugs at MVTG.
Larry has proven to me beyond any doubt, when I look at all the other corpses in the new-high tech alt energy field that were in OTC and Nasdaq the last 7 years, like Aone, Solyndra, Axpw, Cabn, Zbb, Beacon Power, Ooil, and so many others, that failed to control cash burn (some went belly up, some went BK, but MVTG thrived) and use of investor cash wisely, that Larry has the right stuff, and to be able to attract and hire the talent Larry has acquired with so little cash for so long, through the worst financial crisis since the Great Depresion, confirms that he has what it takes to take MVTG to world markets, in a big way and increase investor shareholder value.
The low MVTG share volume is caused by longs like me holding long term and tying up the float, longs that did real hard core DD home work at a level unheard of in OTC land. Nothing sinister about it, unless one considers doing real DD on a real OTC stock sinister.
I have talked with MVTG staff and professors and asked all my electrochemical engineering questions, and talked to Larry and ask my questions about his business plans and strategies since 2009, and read all the published patents and business plans and SEC filings, and know what and who my money is invested in here.
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