Nice post Ecomike- I knew Larry, the MVTG founder
Post# of 848
Posted On: 07/16/2015 9:22:48 AM
Nice post Ecomike-
I knew Larry, the MVTG founder and CEO with a vision, when and before MVTG was nearly dead, nearly lights out in Dec 2011, when things looked like they might not survive due to the world financial crisis US Congress was threatening default on US Debt) and rampant fear was loose in the market place (kinda like the recent Grexit but on a much larger scale). MVTG had no issued patents yet. No significant anti dilution investments were to be found. And Larry refused to use toxic debt financing.
The stock price had crashed to .01 and even to .0047 intraday, and I had already bought shares between .21 and .07 and in a one minute in dec 2011, a 250,000 share 1 minute dump by a dying cancer patient that was an early MVTG IPO investor crashed the price from .07 to .0047 and then it settled at .01 that day.
I and friends and family of mine bought all the MVTG shares we could at under .02 after that event.
Best investment I ever made.
Not long after that MVTG rallied to .08 then to .12 then .20 and then .30 in 2012. At that time I was up 3000%, but like today and the last 6 years I did not sell. I am in this for the long haul, the move to $5 to $10/share prices, like my other past picks have done. For example Mhan was at .001 that I bought the bottom on for 2 years, that is now near $19/share as Tgtx, another start up like MVTG with no sales. A biotech with less than MVTG has right now, except they have already uplisted like MVTG is planning to do to Nasdaq. Al they have is huge R&D costs for 10 years ahead of them and issued patents like MVTG
In 2014 MVTG rallied from .047/.06 (I got lucky and scored all the .06 shares at the bottom that day) to .75/.74 in three huge million share trade per day rallies. MVTG has a history of these rallies and is still in a 4 year long term rally to higher lows and higher highs.
New shares to fund MVTG were sold at prices as high as .40/share in 2014, $700,000 worth bought by old time private placement investors that had bought at .08 to .20 and they had options to buy more at .40, they bought all those options in 2014 at .40 not much over 12 months ago!!!!!
They bought restricted shares at .40!!!!! So these low prices today are screaming bargains right now, as MVTG has far more now to offer than they did then. MVTG now has the ERC patent issued in Canada and the MRFC fuel cell patent issued in the USA since the .40 shares were bought. Retail payed as much as .74/.75 on three rallies before these added assets were added to the MVTG success list. The $749,000 in Canadian grants have been added since then.
The Bavarian Germany brewery ERC-pilot plant has been added to the MVTG success list since then.
Completing the phase 2 and starting phase 3 of the MVTG-Alstom R&D revenue project has happened since then. That means MVTG is worth way more than .75/share now!!!!!
That means Alstom liked the R&D catalyst research results of Phase 2, as in it works for making syn gas so well that Alstom funded phase 3 and started phase 3!!!!
Phase three is just a plant design and costing exercise that should be entering phase 4 shortly. Phase 5 would be the beginning of an Alstom funded Pilot plant, maybe the German plant or a third Pilot plant (US DOE-Alston coal???) or both???
MVTG has since then (the low of Dec 2011) scored 6 issued patents,
5 more applied for in 2013 that are about to be published in print for all to see and read.
And MVTG has applied for many more patents as they mentioned in the recent PRs.
MVTG has received substantial funding from Alstom tied to their patents and the ERC technology.
MVTG has two ERC pilot plant agreements in place, one in Canada and one brand new one in Germany
MVTG has received over $749,000 in recent Canadian agency government grants. $449,000 in just one 2 year R&D grant. That is about 50 times the grant funding MVTG received since the 2008 IPO!!!!! Received just this year. Add in the nearly 1 million dollars that Alstom has already committed to MVTG and the 5-10 million Alstom could commit to in Phase 5 later this year and you have no excuse for not buying up these cheap MVTGs shares with spare cash.
I am buying more MVTG. I have been through far worse times with MVTG. My faith in MVTG and the CEO is not shaken one bit!!!!
I knew Larry, the MVTG founder and CEO with a vision, when and before MVTG was nearly dead, nearly lights out in Dec 2011, when things looked like they might not survive due to the world financial crisis US Congress was threatening default on US Debt) and rampant fear was loose in the market place (kinda like the recent Grexit but on a much larger scale). MVTG had no issued patents yet. No significant anti dilution investments were to be found. And Larry refused to use toxic debt financing.
The stock price had crashed to .01 and even to .0047 intraday, and I had already bought shares between .21 and .07 and in a one minute in dec 2011, a 250,000 share 1 minute dump by a dying cancer patient that was an early MVTG IPO investor crashed the price from .07 to .0047 and then it settled at .01 that day.
I and friends and family of mine bought all the MVTG shares we could at under .02 after that event.
Best investment I ever made.
Not long after that MVTG rallied to .08 then to .12 then .20 and then .30 in 2012. At that time I was up 3000%, but like today and the last 6 years I did not sell. I am in this for the long haul, the move to $5 to $10/share prices, like my other past picks have done. For example Mhan was at .001 that I bought the bottom on for 2 years, that is now near $19/share as Tgtx, another start up like MVTG with no sales. A biotech with less than MVTG has right now, except they have already uplisted like MVTG is planning to do to Nasdaq. Al they have is huge R&D costs for 10 years ahead of them and issued patents like MVTG
In 2014 MVTG rallied from .047/.06 (I got lucky and scored all the .06 shares at the bottom that day) to .75/.74 in three huge million share trade per day rallies. MVTG has a history of these rallies and is still in a 4 year long term rally to higher lows and higher highs.
New shares to fund MVTG were sold at prices as high as .40/share in 2014, $700,000 worth bought by old time private placement investors that had bought at .08 to .20 and they had options to buy more at .40, they bought all those options in 2014 at .40 not much over 12 months ago!!!!!
They bought restricted shares at .40!!!!! So these low prices today are screaming bargains right now, as MVTG has far more now to offer than they did then. MVTG now has the ERC patent issued in Canada and the MRFC fuel cell patent issued in the USA since the .40 shares were bought. Retail payed as much as .74/.75 on three rallies before these added assets were added to the MVTG success list. The $749,000 in Canadian grants have been added since then.
The Bavarian Germany brewery ERC-pilot plant has been added to the MVTG success list since then.
Completing the phase 2 and starting phase 3 of the MVTG-Alstom R&D revenue project has happened since then. That means MVTG is worth way more than .75/share now!!!!!
That means Alstom liked the R&D catalyst research results of Phase 2, as in it works for making syn gas so well that Alstom funded phase 3 and started phase 3!!!!
Phase three is just a plant design and costing exercise that should be entering phase 4 shortly. Phase 5 would be the beginning of an Alstom funded Pilot plant, maybe the German plant or a third Pilot plant (US DOE-Alston coal???) or both???
MVTG has since then (the low of Dec 2011) scored 6 issued patents,
5 more applied for in 2013 that are about to be published in print for all to see and read.
And MVTG has applied for many more patents as they mentioned in the recent PRs.
MVTG has received substantial funding from Alstom tied to their patents and the ERC technology.
MVTG has two ERC pilot plant agreements in place, one in Canada and one brand new one in Germany
MVTG has received over $749,000 in recent Canadian agency government grants. $449,000 in just one 2 year R&D grant. That is about 50 times the grant funding MVTG received since the 2008 IPO!!!!! Received just this year. Add in the nearly 1 million dollars that Alstom has already committed to MVTG and the 5-10 million Alstom could commit to in Phase 5 later this year and you have no excuse for not buying up these cheap MVTGs shares with spare cash.
I am buying more MVTG. I have been through far worse times with MVTG. My faith in MVTG and the CEO is not shaken one bit!!!!
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