BALTIMORE, /PRNewswire via COMTEX/ — Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research report on Mantra Venture Group Ltd. (OTCQB: MVTG), a clean technology developer that takes innovative emerging technologies and moves them towards commercialization.
The Company, through its subsidiary Mantra Energy Alternatives, is currently developing two groundbreaking, patented electrochemical technologies. ERC (Electro-Reduction of Carbon Dioxide) is designed to make reducing greenhouse gas emissions profitable, and MRFC (Mixed-Reactant Fuel Cell) promises to simplify and reduce the costs of fuel cell systems. Mantra’s ERC converts the problem greenhouse gas CO2 taken from industrial emissions into useful feedstock materials. MVTG’s first product/application is formic acid, although other chemicals such as synthetic gas can also be produced using this process. With 31 billion metric tons of CO2 emitted annually, the number of applications and market size is huge.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
“In our view, Mantra is set to introduce what may be the most disruptive technology in the chemical and energy industries in years, with target markets representing tens of billions of dollars. In addition, Mantra’s strategic relationships with some of the world’s leading firms provide validation of Mantra’s approach and market opportunities. Mantra is set to begin production of its system for a field test in conjunction with these partners in the coming months.”
“Plus, the technology has evolved into a second offering; its own fuel cell. We believe that the Mantra fuel cell (MRFC) could emerge as an alternative to the fuel cells produced by Ballard Power and Fuel Cell which use hydrogen, a dangerous explosive gas. And, when the two MVTG technologies are combined, Mantra will be able to offer the holy grail of a scalable energy storage system. As renewable energy usage grows, so too does the market for energy storage. With key milestones ahead, deep IP, joint ventures with Fortune 100 firms, and innovative offerings, MVTG is clearly a compelling play in its space.”
This press release contains excerpts of our most recently published sponsored research report on Mantra Venture Group Ltd. The report carries a rating and a price target. Goldman Small Cap Research has not been compensated for the publication of this report. In 2012, a third party compensated GSCR $4000 for an initiation of coverage report and in 2013 GSCR was compensated $4000 by the Company to produce research updates. To view the sponsored research reports, disclosures and disclaimers, or to download the new report in its entirety, please visit www.goldmanresearch.com.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
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About Mantra Venture Group Ltd.
Mantra Venture Group Ltd. (OTCQB – MVTG) is a clean technology developer that takes innovative emerging technologies and moves them towards commercialization. The Company, through its subsidiary Mantra Energy Alternatives, is currently developing two groundbreaking, patented electrochemical technologies. ERC (Electro-Reduction of Carbon Dioxide) is designed to make reducing greenhouse gas emissions profitable, and MRFC (Mixed-Reactant Fuel Cell) promises to simplify and reduce the costs of fuel cell systems.
For more information, visit www.mantraenergy.com.
Goldman Small Cap ResearchRob Goldman, Analystfirstname.lastname@example.org
SOURCE Goldman Small Cap Research