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Greener

06/02/15 1:52 AM

#38224 RE: micah211099 #38223

I am pretty sure you need to rethink your view of this company. Its a start up and an incubator for green tech. They never said they were going to produce something for market, but a demonstration of the MRFC that could be lisenced to those who could implement it.

So if someone asked you where you would like to be this time next year....and you start to lay out some pretty specific details and goals.... would you want to be criticized if next year comes and an even better offer came up and you took it and went a whole different direction? I realize that you might want to hold MVTG to some different ethical code, but this is a micro cap OTC stock..... they need to be lean and mean and ready to jump on the best offer. Just food for thought.

JMHO

-Greener

Ag Boy

06/02/15 3:23 AM

#38230 RE: micah211099 #38223

"MVTG seems to be over promise and under deliver when it comes to time tables and shareholder updates. They have pretty consistently missed every time table they've laid out for ERC deployment and were well behind the original schedule on the MRFC. That's frustrating to me because the company created those expectations of their own free will and then consistently fails to meet them. It's not an unreasonable to thing for a shareholder to expect that if the company says they will do something by x date, then when that date comes and goes they expect an update. It is our money that the company is safe guarding after all."

Wrong - You got shares, its the companies money and management is in control of its use.
Wrong - Learn what the updated products and patents are, the company over delivered not under delivered
Right - The company missed their time goals, OK, but they over delivered on results - goals are goals and look at the BIG Picture - Company is not bankrupted, company meet its obligations to the shareholders, partners and employees, grants are flowing in, patents are being created, and they are associating with successful people and the future is the brightest that its ever been. Life is good.

eiddle

06/02/15 3:45 AM

#38232 RE: micah211099 #38223

I can agree with your opinion. Thanks.

Greener

06/02/15 7:42 AM

#38239 RE: micah211099 #38223

They lose money if they bought in high and sold low. Plenty of people do that when the Pps drops after they load up on shares. I would consider that lost money.

We make money when we buy at the right price. Your entry point determines how much money you make. The sell is when you deal the deal.

The_Swan

06/02/15 10:21 AM

#38250 RE: micah211099 #38223

Micah,

I agree with some of your points, specifically the lack of communication with regard to the ERC pilot project. I think clarification about it's status would go a long way with shareholders without requiring too much effort.

That being said, while I certainly welcome and respect your opinion, I think your perception of reality is slightly off. A lot of people seem to have tunnel vision when it comes to the scooter and over look the main message. Their recent demonstration wasn't about producing a commercially viable scooter. Patrick Dodd clearly states in the video they're not attempting to enter the Scooter business.

Two things here:

1.) If you want to focus on the scooter & pick it a part, it's important to realize that this is a prototype demonstration, the first of it's kind. Each and every iteration from here on forward will only be more refined/efficient etc. This is not to mention the fact that staying inline with Mantra's business model, if someone who specializes in the manufacture & sale of scooters decides to license Mantra's technology, I think it's reasonable to assume they will be able to produce a much more robust product than Mantra alone.

2.) If you look at the main message, however, the purpose of this demonstration was to show that Mantra can implement their technology in a real world application and show that it works. This was an educational video, created to raise awareness of a first of it's kind technology, an ice breaker if you will. The big picture is that Mantra's MRFC working in tandem with their ERC technology by using & recycling C02 to create fuel; the fuel cell by itself, in a scooter is just an afterthought in my opinion.

Either way, one deal, whether it's to license the tech out for scooters, or for C02 recycling & energy storage for any one major emitter (Lafarge) would certainly propel the company to new highs. When or if this comes to fruition I do not know. I do know that they seem to be making great strides, especially when compared to just last year at this time, and they seem to be raising more and more awareness.

-Swan