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Zippy101

11/05/14 3:38 AM

#28616 RE: pepe67 #28614

People were saying PLUG was a scam stock a few months ago and they are not saying that anymore. MVTG is not a scam stock. It's a company with revolutionary ideas about the future but until MVTG commercialize their products and sell to globally recognised companies and the money in the form of millions not thousands but millions starts coming in, there are people who would think this is a scam or just a waste of time that's not with a second look at the moment.

I hope that the longs, like myself, who are willing to take a risk and can see the technology as a gold mine will hold on and not give up. There are obvious obsticles and I'm sure a number of powerful enteties will not want MVTG to succeed as they would loose a lot of power and money from the current status quo. Getting that Canadian Government investment was a symbolic masterpiece, not much money, but it's about getting governments to believe and fund. The more government investment and endorsement we can get around the world the more likely MVTG will be the company of the future and make us longs a lot of money. You dont get rich by playing it safe.

Anyone new to the forum, look at all the amazing DD that's been done and make your own conclusions. The tech is there, the desire is there. Just waiting for the acceptance.
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Ecomike

11/05/14 5:48 AM

#28618 RE: pepe67 #28614

Green Baron is not relevant. What is relevant is the long term private placement investors that exercised the .40 warrants earlier this year and bought $700,000 in shares to pay the bills this year.

What is relevant is the remaining warrants at .80 that can not be bought yet, until the shares trade at $1.50 (IIRC?) (or higher?) for a week or more.

What is relevant is that MVTG has a solid history of only issuing new shares at higher rising prices versus lower prices since 2011, which is almost unheard of in this crazy stock market.

MVTG $ trade volume this year is nearly 10,000 times what it was the last 7 years (look at the monthly volume bars on the charts) and it is still very low, which is a sign of very low and tight float and share structure. Those conditions are usually not favorable to day trader flipping, but are favorable to weekly buying, and accumulating long term investment in a real company like MVTG.

Shorts and flippers are likely to their arse trying to play MVTG.

On the other hand, my daily and weekly buying of MVTG shares since 2009 has my MVTG investment at a point where I can see retirement on shares of just MVTG that I hold allowing me to retire some day for the first time in my life. My plan, to avoid heavy taxes is to slowly sell a few of my MVTG shares at $5/share (or more) over the next 20 years, once I do retire in 5-10 years.