Why SGSI will be the story of the week this week
Post# of 848
I would buy SGSI and take it private right now if I had the cash.
3M tried to buy Mantra energy in 2009 before they had any issued patents, and only had one patent applied for. They offered the company a 5 million dollar buy out. The CEO and shareholders laughed.
In 2014 the market valued the Mantra Energy part of SGSI at 45 million dollars, at .75/share, up from .0068 in 2011, with no R/S
The tech is still there, and Ponder, Keith and Larry And governments like Canada and the Canadian CCCI / CMC in Canada will eventually fund a 5 million dollar syn gas pilot plant. You can bank on it.
In 2013 SGSI when it was MVTG sold off 90% in a 10 month due to NO-news sell off, Gag order by Alstom Power (later bought by GE for 14 billion dollars) while a massive 5 year contract was negotiated by Larry Kristof (The founder and CEO at the time) with a 14 billion dollar international power house Alstom Power. It took about 6 months for the news to sink in but the stock rallied 20,000% from a 2011 low of .0068 to .75 share and traded a million dollars a day in volume in 2014 for months.
That was not a fluke. The technology and patents are still just as valuable today as they were then. And now we have 2 more companies with 30 million in profitable revenue paying the bills under the new ticker SGSI, supporting a stock price rally and keeping the doors open at Mantra Energy so they can tackle funding licensing deals, and pilot plants for all three mainstream Mantra Energy technologies.
About 75% of the retail/float shares (20% of the OS, the other 80% is restricted insider-officer shares) are held by folks like me that are here to make sure Mantra Energy and her technology thrives. Mantra Energy success can run this stock's market cap up to a billion dollars. It can exceed the highs Ballard and Plug made in peak market caps. SGSI Telecom part is targeting a market cap of 100 million dollars this year (50 times the closing market cap last week).
At some point, it is now obvious that Ponder can fund an MEA-Mantra Energy pilot plant before much longer at the rate he is going with the telecom part.
If he funded and announced an MEA Syn gas pilot plant deal, and confirmed the deal was a done deal, verified it, SGSI would hit 50 cents a share in hours.