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tykundegex

11/05/14 11:33 AM

#28652 RE: Ecomike #28625

Ecomike,

you're in a unique situation if you're up so amazingly already on your MVTG investment. But unless you know something the rest of the investment community doesn't, I find it hard to justify placing a $500k investment in Mantra today without any proof of their technology working.

You do a pretty good job at defending this company's prospects, but words like "tic toc" are all over these boards and only 1/100 companies on the OTC may actually explode as you imply Mantra will.

It's easy to be optimistic (and enthusiastic) if you're up 4000% ;-)

What are the numbers of the ERC plant? 100kg pilot plant doesn't seem like a big deal. How much does 100kg of formic acid sell for, and/or what does a company like LaFarge or the Bavarian brewer hope to gain in terms of carbon credits? What is the full-scale production expected to be like at a cement or brewing site? What kind of revenue (licence fees?) can Mantra hope to generate from a full-scale site, and what's "full scale"?

I agree that CCS is a farce and not the right solution, so I really like the concept of ERC.

As to the MRFC, all your statements are, as of today, assumptions. There is no proof yet that their MFRCs will cost 80% less to manufacture, except on paper. And reliability and safety ... these are only better in theory so far. When you say we'll see an MVTG fuelcell powered vehicle running in a month, what you mean to say is you HOPE the vehicle tests will show some success -- this is hardly a given.

I understand your optimism, but I wonder how much of it is based on the unrealized gains you're already sitting on, and how much is grounded in reality? I have been there with other stocks before, only to be (very) disappointed in the end.