And yet the market valued MVTG shares at .75 last year, in a frenzy of buying. I have read somewhere that the market is always right.
Nothing of substance has changed to the negative side for MVTG since then. On the positive side MVTG has secured more issued patents, built and showcased, the worlds first MVTG-MRFC product fuel cell, 300 watt and shown it operating an MVTG designed and built e-vehicle and secured GE as its new partner/customer while only increasing the OS share count by about 5% in the last 18 months, a new low for MVTG!!!
So how can the market be right now and then with all these facts?
The truth is markets and stocks get way overbought and way oversold all the time. The MVTG technology is worth far more than the .75 high last year.
The day will come when the market realizes this again. In the mean time we have the chance of a life time to buy and hold retirement shares at 99% off what will be the all time high, yet to come.
GE would not have bothered to show up at the recent Calgary conference after a 2.5 year deal with MVTG if they were not sure they had the real McCoy with MVTG!!!