Verdict is still out KP. They did not dump it. Larry and Ponder act like they are gagged. Many of us tried to get the real story. They, probably for legal libel reasons, will not say what they really think, or what they think went wrong. I suspect deep pockets that had funded Mantra were not happy with how the SGSI's new debt for buying AWS and ADEX was panning out, and how badly the stock price was performing as a result. I can not blame them.
I get the impression they were starving Mantra for cash, and Mantra was not allowed to raise cash in any way..... I think they wanted Mantra funded, and I think Keith and Ponder and for sure Sands, just did not get the massive potential value Mantra Energy represented. I tried many times to explain it to them, but they just did not seem to get it. They did listen, and gave me time to explain what they obviously had no understanding of. I got the impression early on Ponder (who is not an engineer/science person) had no idea what the real history of MVTG and Alstom Power was....I must give him credit for at least changing the story and acting like he was giving Larry time to find money and way to save Mantra Energy.
Perhaps, and I suspect, the two businesses and teams both needed money so badly, they had to part ways as neither side liked what they saw going on???? IN other words the Mea debt holders did not like what SGSI was doing for them and Ponder and Sands(?) were swimming in 3 times as much debt as Mea ever had, and had their own problems. Both sides way underestimated the late 2017 to early 2018 share prices!!!!! They were convinced they get the stock price back up from .0025 to .10 in no time.
Sands failed as an IR person, IMHO, on that task big time. Bad mouthing Mea to 90% of the SGSI stock holders over the phone was a huge tactical mistake, the kind lawyers, make, the kind that real sales folks never make. You do not staff a used car lot with poor tempered Lawyers, telling folks they should buy a used car because it is garbage?
The problem may have been that the Mantra energy's older convertible debt folks that had put 2 million dollars into Mea, wanted Mantra, and wanted nothing to do with what looks like an Icld 2.0 share printing scam led by Mr. Sands???? Right now?
I will say this, if Mantra Tech was dead, why did convertible debt holder/investors agree to convert SGSI debt to Mea debt and exit with Mea assets, to the tune 1/2 Million dollars, when all they had to do was convert the debt and cash out of SGSI? Why did they take a non public company, Mantra Energy, many claim was dead, and all the debt out the back door of SGSI with no way to collect that 1/2 Mil (?) in debt out the back door?
Didn't Mea owe Professor Colin Oloman a good 1/2 Million in unpaid patent license fees? And didn't this company, SGSI, have about 2 Mil in debt before they even bought AWS????
GLTA and JMO