I bought some at .21 back in 2009, and I bought like a mad man at .01 in 2011 when they were in trouble (Congress was about to let the US default on debt, and no one was funding anything), but the CEO of MVTG held out, refused to dilute, and finally got a great deal through on funding in Feb 2012, raised 3.3 million selling non public, non convertible shares for a minority share of the non public subsidiary company Mantra Energy (still 67% owned by MVTG) which solved the funding problems for a good while, and also raised the market cap estimated value 1000% in one single deal. Then later that year the first 2 patents were issued.
Most of us long term longs feel that with a tight and small float, and the potential market size of the MVTG technology, that a 100 million dollar market cap is an easy target this year for MVTG, which is a $2/share target!!!
The stock has been a little volatile and sometimes low volume. Back in 2010 and 2011 we sometimes went for weeks with zero volume, the float was that tight. But with a 12 month non stop rally to new 52 week highs about once a month, there will be some daytraders now and a few profit takers. No way around that. FWIW I bought some .30 shares with you recently, and I bought some .26 shares today. I am still adding!!!
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