posted
It was a wonderful week and the future continues to look bright for us. Investments in renewable energy will be rising rapidly and increasing our investments in Mantra...I am thinking CHA-CHING.
IP: Logged |
quote:Originally posted by jme-rocks-stocks-n-kc: Thank you TEX!
I am new to this site. I always welcome advice & thank you for being kind. I would love to know your tips.
OK, well...lol, just to be clear--I don't give "advice," but I will tell you my opinion. Trust you catch the distinction
First, resist the urge to allow getting "pumped up," or whatever your phrase was... Being "pumped" implies some sort of emotional crest. It also implies you'll get depressed/despondent when trades go south. As an active trader, you'll see plenty of trades go sour. That's when you cut n run--early, quickly. Conversely, if you get "pumped" on winning trades? You'll wind up hanging on too long, probably thinking (and invariably posting) something like, "Long And STRONG!!!!!"
Sadly, at that point, you are more than likely on your way to joining the hundreds of thousands of hobbyist traders who wind up as career bagholders.
Second, there's an old adage: Buy on rumor, sell on news.
Sure, let your runners run...but have an exit planned--while it's still running. Don't wait for "the top."
Hope this makes sense.
Best,
Tex
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
i believe this stock is far from done running up.. this is a great short and long term play.. chart looks great and website looks great also!! mantraenergy.com
-------------------- My picks are strictly opinions, please do your own dd.
IP: Logged |
quote:Originally posted by Semipro11: i believe this stock is far from done running up.. this is a great short and long term play.. chart looks great and website looks great also!! mantraenergy.com
MVTG had a lil buy signal about a week ago--why do you think the "chart looks great" now?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
I just think they are doing so much to grow the company that tends to catch up with you. They continue to get new contacts and work leads for new investments. They have had a lot of buzz and I just fell timing is right for them. It is a great company and environmentally friendly. They are pumped up and that gets passed along to everyone they come in contact with.
I know when we give it all we got at work to grow our business and Market to everyone we can think of we get face to face with individuals and get the word out about our company it really works.
IP: Logged |
posted
Typical quiet Monday. We held nicely. Looking for an uptick or two during the week. I believe on the next P/R wee will really rock.
IP: Logged |
posted
Mantra Seeks to Take Advantage of Grant Programs Monday December 15, 9:15 am ET
Mantra's Completed Continuation into British Columbia Offers Financial Benefits
SEATTLE, Dec. 15 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ("Mantra", OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has completed the continuation of its corporate jurisdiction into British Columbia in accordance with its Plan of Conversion adopted by holders of a majority of its voting shares on October 14, 2008 and its board of directors on October 29, 2008.
As a British Columbia company, Mantra changed its Articles of Incorporation to a Notice of Articles in accordance with the requirements of the British Columbia Business and Corporations Act ("BCBCA"). Additionally, Mantra's Board of Directors revoked its former Nevada Bylaws and replaced them with Table 1 standard British Columbia Articles under the BCBCA.
"Mantra believes that the move is in the best interest of the company and its shareholders. We are optimistic that Mantra will now be able to take advantage of the various tax incentives and government funding programs available in our new corporate jurisdiction. The Canadian government has undertaken initiatives such as the Scientific Research and Experimental Development Tax Incentive Program as well as investment incentives under the Small Business Venture Capital Act which could benefit Mantra's operations by providing concrete financial benefits for our work on environmentally friendly technologies," said Dennis Petke, Mantra's Chief Financial Officer.
In order to more completely take advantage of the benefits of its new jurisdiction, as well as opportunities abroad, Mantra has engaged Steven Roka to identify and apply for various grants and initiatives put forward by governments and private groups around the globe. Mr. Roka has significant experience in this emerging field and has had success as a consultant in securing research and development grants for other publicly traded and privately held companies.
"I'm looking forward to having the opportunity to secure various grants for Mantra's various technologies and endeavors. This is an especially appealing project for me as it's uncommon to work with technologies where granting organizations have shown such a strong desire to be involved. The interest already generated by Mantra's technologies will provide the added benefit of being able to be very selective in the geography as well as grant financing terms associated with our work," said Steven Roka, Mantra Grant Relations.
About ERC
The ERC process, defined as the Electrochemical Reduction of Carbon dioxide, combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of fossil fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.
While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy.
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol EDV 5MV.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
-------------------------------------------------------------------------------- Source: Mantra Venture Group Ltd.
IP: Logged |
posted
Was some huge news on mantra today..this really opens the door for the govt grants,funding.and of course those important govt contracts
IP: Logged |
posted
Mantra Receives New Financing and Signs Sponsorship Agreement for TSX-V Listing Tuesday December 9, 4:00 pm ET
SEATTLE, Dec. 9 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ("Mantra", OTCBB: MVTG, FSE: 5MV) is pleased to announce that M Partners Inc. has agreed to act as a sponsor and prepare a sponsorship report for Mantra's anticipated listing application on the TSX Venture Exchange in Canada. M Partners has also agreed to raise up to CAD $1.5 million through private placements to institutional and accredited investors to be completed on closing of the TSX-V listing. ADVERTISEMENT
M Partners is an independent institutional investment bank with a focus on research, trading and advisory services. M Partners is a member of IIROC and a participating member of the TSX and TSX Venture exchanges. M Partners has participated in approximately $1 billion of Investment Banking activities since inception. The Company has offices in Toronto and Vancouver.
"The TSX-V is an efficient and regulated exchange which will provide Mantra with increased investor exposure and more direct access to a dynamic clean technology industry fueled by very strong support from government initiatives," Larry Kristof, Mantra's President and CEO said. "M Partners has been involved with many promising companies in the past and I believe that their commitment to raise capital for Mantra displays the market's understanding of the need for the technologies we are developing. I am very pleased that M Partners believes Mantra has what it takes to prosper on the TSX-V."
Mantra also secured USD $300,000 in recent financing through the sale of its equity securities. These funds will be used to meet Mantra's working capital requirements and finance commercialization initiatives for its flagship carbon reduction technology: ERC.
"These are very exciting times for Mantra. In a difficult economic climate, Mantra continues to show strength and resilience. Through committed focus to clean technology Mantra has been able to raise capital, garner interest from government and industry and catch the eye of experienced, forward thinking investment professionals such as M Partners. With such continued support, we are very excited and optimistic about the future of this company," Larry Kristof commented.
About ERC
The ERC process, defined as the Electrochemical Reduction of Carbon dioxide, combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of fossil fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.
While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy.
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol EDV 5MV.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Disclaimer:
Mantra has not yet filed the listing application to the TSX Venture Exchange. There is no guarantee that Mantra will file an application to the TSX-V for listing. Even if Mantra does file the application, there can be no assurance that the TSX-V will accept Mantra's application and will grant a listing.
Investor Relations Terry Johnston 604-267-3022 tjohnston*mantraenergy.com www.mantraenergy.com
IP: Logged |
posted
more fantastic news for mantra..to be singled out by M Partners unbelievable..and being listed on the canadian exchanges..this just keeps getting bigger and better everyday
IP: Logged |
Last update: 7:07 p.m. EST Dec. 17, 2008 SEATTLE, Dec 17, 2008 /PRNewswire-FirstCall via COMTEX/ -- Mantra Venture Group Ltd. (MVTG:MVTG News , chart , profile , more Last:
Delayed quote dataAdd to portfolio Analyst Create alert Insider Discuss Financials Sponsored by: MVTG, , ) is pleased to announce that it will be featured in an upcoming episode of the televisions show 'Our Planet' hosted by Greg Gumbel. 'Our Planet' is a television show that celebrates successful sustainable solutions, made by individuals, organizations, businesses and municipalities all around the world. Informing viewers on a variety of topics related to preserving precious resources like water, air, fuel and energy, the goal of the show's producers is to broaden the perspectives of viewers from every walk of life, encouraging them to take steps towards achieving a brighter future, and a healthier and cleaner environment for all of us. Mantra's flagship technology, the electro-chemical reduction of carbon dioxide or 'ERC' will be the show's focus. Mantra's CEO Larry Kristof, as well as Norman Chow, one of the principals of the research and testing facility, Kemetco Research Inc., will be present for the show's taping at Mantra's ERC lab. "We are very pleased that Mantra will be able to display its proprietary ERC technology through an entirely new medium. This will give a chance for everyone who could not make it out to the Sustainability 2008 conference to witness our ERC in action. We certainly look forward to having Mr. Gumbel and the rest of the Our Planet crew visit at our facility and the opportunity to unveil our flagship technology to a very wide audience," commented Larry Kristof, Mantra's President and CEO. Our Planet will air the feature nationally on the Fox Business Network, and 19 times regionally on CNN Headline News and Regional News Networks in up to 15 markets. In addition, Our Planet will uplink the segment to Pathfire Digital Media(TM), enabling 700 newsrooms and 1,300 broadcast facilities to utilize it as a video news release. You can get more information on Our Planet at their website: http://www.ourplanetstories.com About ERC The ERC process, defined as the Electrochemical Reduction of Carbon dioxide, combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of fossil fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels. While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy. About Mantra: Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders. Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol EDV 5MV. Forward-Looking Statements: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements. Investor Relations Terry Johnston 604-267-3022 tjohnston*mantraenergy.com www.mantraenergy.com
SEATTLE, Dec. 30 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ("Mantra", OTCBB: MVTG, FSE: 5MV) is pleased to provide a corporate update for its investors. 2008 has been a very busy and positive year for Mantra despite the economic turmoil affecting all facets of the world economy. Some highlights since our inception include:
- Getting approval from FINRA to be publicly traded in the US on theOTC Bulleting Board in January 2008.- Raising over USD $2.3 Million in operational capital since itsinception.- Building its ERC prototype reactor, testing it with Kemetco ResearchInc., a leading scientific and laboratory analysis company, andentering into talks with various international companies interestedin commercialization partnerships.- Filing of North American and International patent applications forthe ERC technology.- Unveiling its proprietary ERC reactor and garnering significantmedia, investor and industry interest at the 'Sustainability 2008'clean tech conference.- M Partners agreement to sponsor Mantra's TSX Venture Exchange listingand conduct a financing of up to approximately USD $1.2 Million.- Acceptance by the UK government for its Global Partnership programand securing the support of Pera in finding strategic partners in theUK.- Continuing Mantra's corporate jurisdiction into British Columbia andinitiating a grant application program designed to take advantage ofvarious Canadian and global grants and incentives.- Becoming a fully reporting issuer with the US Securities and ExchangeCommission- Developing its management and Scientific Advisory board through theadditions of experienced, knowledgeable professionals with proventrack records of success and innovative ideas.
Mantra got off to a great start in 2008 by receiving approval from the Financial Industry Regulatory Authority to have its common shares quoted on the OTC Bulletin Board. Through troubling economic times and a loss of confidence in the public markets, Mantra has shown a remarkable perseverance as a publicly listed company. As an attestation to Mantra's vision and the strength of the clean tech sector the company has continued to attract investors and brokers not only in North America, but throughout the world.
"I'm very happy that even amidst a widespread stock market crash Mantra has been able to retain value for its shareholders. I think it speaks directly to the need for green technologies and the strength of our own ERC process that we have been able to keep a steady stock price and market cap while brining in new money to finance our activities," said Larry Kristof, Mantra's President and CEO.
The electro reduction of carbon (ERC) is Mantra's main focus at this time due to the overwhelming response it has received from investors, governments potential partners around the world. The first public unveiling of the ERC reactor at the 'Sustainability 2008' conference in October 2008 was also a success and Mantra was invited for follow up meetings regarding government initiatives, investments, and joint venture proposals by various attendees and presenters at the conference.
The ERC reactor is currently undergoing testing as well as further development and refinement at Kemetco Research Inc. Kemetco has undertaken to improve all aspects of the ERC process in the hopes of achieving large scale commercialization within a few months. Kemetco will be improving the throughput and efficient use of electrical power, more consistent manufacturing specifications and optimizing the operating costs of the reactor.
"I am impressed with the progress Mantra made last year. With ERC particularly, it has filed for worldwide patent protection, identified an exemplary testing and development facility and returned promising early results. Next year, I believe, will be equally successful as Mantra looks to develop an optimized ERC process and firmly establish ERC's competitive economics. Mantra will work to deepen its relationships with government representatives, universities here and overseas and major companies that will contribute important elements to the complete ERC system," said John Russel, Head of Mantra's Scientific Advisory Board.
Through research into various commercial applications of its ERC technology Mantra discovered the massive potential of applying ERC to currently operating steel manufacturers. While the ERC reactor can help these companies reduce their CO2 emissions, it can also take those emissions and turn them into formic acid which can then be used to supplant hydrochloric acid in rust removal during manufacturing (pickling). It is estimated that the market for hydrochloric acid used in pickling is approximately $500 Million annually. Through such inventive uses of the byproducts of the ERC process, Mantra may be able to provide not only a way to help clean up a company's pollution, but also make the 'going green' process economically beneficial.
In order to have greater access to government programs relating to sustainable technologies, Mantra completed the continuation of its corporate jurisdiction into British Columbia and engaged Mr. Steven Roka as a part time consultant to aid the company in accessing government and private sector clean technology grants. Governments throughout the industrialized world have begun extensive research and development grants for clean technologies such as those championed by Mantra, and the Canadian government in particular has undertaken initiatives such as the Scientific Research and Experimental Development Tax Incentive Program as well as investment incentives under the Small Business Venture Capital Act which could benefit Mantra's operations by providing concrete financial benefits. Mantra also anticipates applying for various international grants and believes that with a new administration focused on developing green technologies entering the White House in the next month, there will also be many more grant and development opportunities from the US in 2009.
In late 2008 Mantra passed the approval process for the UK government's Global Partnership Program and has been provided with partnership matching services by Pera, a European innovation and business support organization. Mantra's involvement with Pera and the UK government's Global Partnership Program will provide it with access to an unparalleled network of UK sustainability industry companies as well as scientists and researchers who can help develop Mantra's products. Pera's Global Partnerships Unit has already reviewed Mantra's exact requirements and identified potential candidates for partnerships. In fact, Mantra has already begun communications with UK universities regarding further development of ERC.
2009 Plans
Mantra has a multi faceted development plan for the upcoming year which includes further development and commercial trials of the ERC reactor, an expansion of the company's management team and the acquisition of further technologies.
Throughout 2008, Mantra has been building a portfolio of industry contacts and is currently in talks to initiate commercial trials of a one CO2 tonne per day ERC reactor attached to an existing steel manufacturer, lumber mill, power plant or other large CO2 emitting facility. These commercial trials, along with continuing work by Kemetco Research will help the company more accurately determine the overall costs, reliability, maintainability, various product specifications such as the type and concentration of the anolytes and catholytes, production rates and plant operating specifications for the ERC reactor.
The ERC reactor will also be featured on an episode of 'Our Planet' hosted by Greg Gumbel. The episode will be filmed at the ERC laboratory and will feature Mantra's CEO, Larry Kristof and Kemetco Research's Norman Chow. Mantra hopes that this exposure will provide an opportunity for its investors and the public in general to become more familiar with the potential of the ERC technology.
Though Mantra is focused on bringing its ERC reactor to market as quickly as possible, it will also be engaged in the research, evaluation and possible acquisition of additional technologies. Aiding in this effort will be an expanded management team which Mantra hopes to have in place in the first quarter of 2009. Mantra anticipates adding a number of directors as well as some management personnel in order to expedite ERC's commercialization and branch the company out into new technologies without losing the focus and drive that has brought it so much success.
Mantra will also focus on completing its listing application to the TSX Venture Exchange, aiding M Partners in their financing efforts and enhancing its management structure through the addition of multiple directors as well as management. These additions will consist of individuals who have experience with emerging technologies, public markets as well as industry contacts.
"The first quarter of 2009 promises to be an exciting time for the company and for our shareholders and we are certainly looking forward to the opportunities a new year always brings. In the meantime, everyone here at Mantra would like to wish you a Happy New Year," said Larry Kristof.
About ERC
The ERC process, defined as the Electrochemical Reduction of Carbon dioxide, combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of fossil fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.
While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy.
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol EDV 5MV.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Disclaimer:
Mantra has not yet filed the listing application to the TSX Venture Exchange. There is no guarantee that Mantra will file an application to the TSX-V for listing. Even if Mantra does file the application, there can be no assurance that the TSX-V will accept Mantra's application and will grant a listing.
posted
Mantra Featured in Murphy Analytics Research Report Wednesday January 14, 7:26 pm ET SEATTLE, Jan. 14 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it received an 'Outperform' rating in a study recently completed by Murphy Analytics LLC (MA). MA's report, entitled "ERC Technology Converts CO(2) from Pollutant to Asset," encapsulates a study to determine the potential shareholder value derived from the anticipated commercialization of Mantra's electro-reduction (ERC) technology. The report, written by Chief Analyst Patrick J. Murphy, offers a comprehensive look at the technology's ability to convert CO(2) into several valuable chemicals, including formic acid - a naturally occurring biodegradable chemical with a broad range of commercial and industrial uses. The production of formic acid, as used in leather and textile processing and biomaterial preservation, has become a very lucrative industry, representing a global market of $598 Million USD in 2008. As stated in the report, "Strong demand for formic acid and a lack of scheduled capacity additions can be expected to keep prices rising over the next twelve months." MA also makes notable mention of society's current struggle to reduce CO(2) in attempt to mitigate global warming trends. "Most of the observed increase in global average temperatures since the mid-20th century is very likely due to the observed increase in anthropogenic greenhouse gas concentrations," Mr. Murphy writes. Mantra looks to curb this warming affect in providing a cost effective and potentially profitable solution for emitters for whom CO(2) management is either mandated or desirable. Current market conditions and the growing demand for ERC by-products each contributed to MA's decision to award Mantra its highest possible rating. "The current state of politics, environmental awareness, and economics makes this a uniquely opportune time for MVTG's ERC technology," the report concludes. Larry Kristof, President and CEO of Mantra, comments "We are very pleased with the outcome of this most-recent report. Murphy Analytics is a highly respected firm amongst the investment community, and it was very successful in diligently highlighting the bright future that lays ahead for our company. As the report indicates, the increasing concern over climate change, the implementation of government initiatives to reduce greenhouse gases and the lucrative market for ERC by-products will each play an integral role in paving the future for Mantra. We hope to expand upon the already-overwhelming interest in this technology over the next 12-18 months as we anticipate completing our first commercial scale reactor." Mantra's initial commercial scale reactor will be designed to process 1 ton of CO(2) per day, eventually leading to the development of a reactor capable of processing 100 tons per day. The full report is available for review at: www.murphyanalytics.com/uploads/MVTG_Initiation About Murphy Analytics LLC Murphy Analytics LLC is a fee-based independently-owned research firm, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's. The Analyst for this report, Patrick J. Murphy, has 15 years of capital markets experience, is an alumnus of the University of Notre Dame (1991), with an undergraduate degree in Economics, and he also holds a Masters Degree in Finance from St. Louis University (1997). Mr. Murphy is a CFA Charterholder and a member of the CFA Society of St. Louis. Murphy Analytics subscription research service classifies stocks as "Underperform", "Outperform", or "Market Perform." A "Market Perform" rating implies performance expected to be generally consistent with the performance of the NASDAQ Composite Index. An "Underperform" rating implies expected underperformance versus the index and an "Outperform" rating implies expected outperformance relative to the index. Murphy Analytics was compensated $8,500 USD by Mantra Venture Group Ltd., prior to completing this report and was not compensated in any way based on the future performance of MVTG's equities. For additional information on Murphy Analytics LLC, please visit: www.murphyanalytics.com About ERC The ERC process, defined as the Electrochemical Reduction of Carbon dioxide, combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels. iv>While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy. MVTG also expects that the complementary nature of ERC and the electro-oxidation process that drives fuel cells may make it possible to use ERC in a regenerative fuel cell cycle, where CO(2) is converted into a fuel that is consumed in the fuel cell. The company is also exploring ERC applications for the production of steel and fuel additives. About Mantra Venture Group Ltd. Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders. Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol EDV 5MV. Forward-Looking Statements: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
-------------------------------------------------------------------------------- Source: Mantra Venture Group Ltd.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
