1. Does mvtg have a technology that is ready for sale through licensing fees?
MVTG has two products that are ready to market.
ERC to make formates using tin.
ERC to make carbon mono oxide (used to make syngas which is used to make diesel) using silver.
While the products are market ready a demonstration in a industrial setting must be done to make them license able.
2.Does mvtg need more money to get the technology out of the lab and get it to a point where it can be licensed for sale??
The two technology are ready to leave the lab. Currently Mantra does not have the money to build the demonstration plant in an industrial setting to show that the products are license able.
(Market ready means that the demonstration plant is not needed to alter or change anything in the two process. The process has reached it final stage. The demonstration plant is to provide proof that the process does what it says it does)
3.Why would Larry be put in charge of mantra to continue to develop the technology if it is ready to license for commercial use???
Larry is not in charge to further develop the two ERC technologies, he is in charge to demonstrate on an industrial scale that they do as advertise so that they may be licensed.
Something may be ready to be commercialized, but there is still a step to prove it to potential licensees it is.
JMHO.
The Alstom/Mantra agreement to build the pilot plant at Lafarge was to show the world that the ERC to make formates was market ready not to make it market ready. ready.
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