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Mantra Venture Group Ltd (MVTG/MVTG.OB) Wrap Up:

Mantra Venture Group, Ltd., a development stage company, focuses on the acquisition and commercial exploitation of various new energy related technologies through licenses and purchases. The company, through its subsidiaries, focuses on wind, ocean, and geothermal power; clean coal technologies; CO2 capture, sequestration, and underground injection; low carbon transportation alternatives; biomass gasification; fuel cell technology commercialization; residential/commercial/industrial energy efficiency; and evaluation of the marketplace for carbon reduction vendors. The company was founded in 2007 and is based in Vancouver, Canada.
www.mantraenergy.com
Founded in 2007

Mantra Venture Group Ltd. (MVTG:OTC Bulletin Board Market)

LAST $0.18 USD
CHANGE TODAY 0.00 0.00%
VOLUME 1.0K
As of 11:08 AM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Mantra Venture Group Ltd. (MVTG)

OPEN
$0.18
PREVIOUS CLOSE
$0.18
DAY HIGH
$0.18
DAY LOW
$0.18
52 WEEK HIGH
01/21/09 - $0.37
52 WEEK LOW
03/26/09 - $0.15
MARKET CAP
5.6M
AVERAGE VOLUME 3 mo
41.9K
DILUTED EPS TTM
$-0.06
SHARES OUTSTANDING
31.4M
MVTG Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

MVTG Top Compensated Officers

Mr. Larry Kristof
Founder, Chief Executive Officer, President, ...
Age: 38
Total Annual Compensation: $102.5K

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Mantra Venture Group Ltd. (MVTG)

Mantra Undertakes a Project with Input from 3M

Mantra Venture Group Ltd. announced a project to further develop its Electroreduction of Carbon Dioxide (ERC) technology with input from 3M. The project will evaluate certain parts and materials proposed by 3M and evaluate their suitability for inclusion in the ERC equipment. It will also investigate a new approach to CO(2) capture. The parties will share the cost of the project equally.

Mantra to Collaborate with King Fahd University of Petroleum and Minerals on Products of Interest to the Petrochemicals Industry

Mantra Venture Group Ltd. announced that it has signed a Letter of Intent (LOI) with King Fahd University of Petroleum And Minerals (KFUPM) based out of Dhahran, Saudi Arabia. Under the terms of the LOI, Mantra and KFUPM's Center for Refining and Petrochemicals (CRP) have expressed a mutual interest to explore and research new processes that would use Mantra's Electror eduction of Carbon Dioxide (ERC) reactor, a form of carbon recycling. Mantra and KFUPM are working together on this collaborative effort and, following the outline given in the LOI, they plan to engage in a fully defined project.

Mantra Venture Group Ltd. Enhances Cathode Stability for CO2 Recycling Technology Using New IP

Mantra Venture Group Ltd. announced that it has achieved enhanced cathode stability through the use of a new proprietary technique. Management will review the patentability of this technical breakthrough in the weeks that follow. Mantra continues its ERC development with the following objectives: to upgrade the anode, develop an efficient method to separate the formate product, and to convert the formate into formic acid. Further updates will be released as important milestones are achieved.

otc, otcbb, pinksheet, MVTG, ob Mantra Venture Group Ltd

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Industry Analysis

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Price/Earnings NM Not Meaningful
Price/Sales 302.5x
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TEV/Sales 316.3x

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MVTG transactions

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More Recent News About Mantra Venture Group Ltd

More news for MVTG

MANTRA VENTURE GROUP LTD. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Ex

Show all filings for MANTRA VENTURE GROUP LTD. | Request a Trial to NEW EDGAR Online Pro Form 8-K for MANTRA VENTURE GROUP LTD. 6-Nov-2009Entry into a Material Definitive Agreement, Financial Statements and Ex Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information ...
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Mantra undertakes a project with 3M

SEATTLE, Nov. 3 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce a project to further develop its Electroreduction of Carbon Dioxide (ERC) technology with input from 3M. The project will evaluate certain parts and materials proposed by 3M and evaluate their suitability for inclusion in the ERC equipment. It will also investigate a new approach to CO(2) capture. The parties will share the cost of the project equally.About 3MA recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M's core strength is applying its more than 40 distinct technology platforms - often in combination - to a wide array of customer needs. With $25 billion in sales, 3M employs 75,000 people worldwide and has operations in more than 60 countries. Visit: http://www.3m.com.About ERCERC carbon recycling, "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 by thermochemistry. ERC has advantages over thermochemistry: it operates at near ambient conditions, and by using renewable energy it can output neutral carbon balance products.About Mantra:Mantra and its subsidiaries are active in the green technology marketplace with a focus on profitability through sustainability. The company intends to provide a profitable 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 Ex...
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Mantra to collaborate with King Fahd University of Petroleum and Minerals on products of interest to the petrochemicals industry

SEATTLE, Oct. 29 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has signed a Letter of Intent (LOI) with King Fahd University of Petroleum & Minerals (KFUPM) based out of Dhahran, Saudi Arabia. Under the terms of the LOI, Mantra and KFUPM's Center for Refining and Petrochemicals (CRP) have expressed a mutual interest to explore and research new processes that would use Mantra's Electroreduction of Carbon Dioxide (ERC) reactor, a form of carbon recycling. Current processes developed by Mantra have been demonstrated as effective in converting CO2 into a variety of valuable chemicals, including: formate salts, formic acid, oxalic acid and methanol. While each of these end-products has a significant market value, Mantra is now looking to create additional value in its ERC technology by expanding this list. The CRP Research Institute of KFUPM has extensive capabilities in product research and application, is very knowledgeable about the petrochemicals industry, and can help Mantra achieve its goal.Shawn Kim, Vice President of International Business Development for Mantra, said: "The CRP Research Institute of KFUPM is respected for its research especially in petrochemicals, and we look forward to working with the team at CRP. Expanding the number of viable chemicals produced by ERC will add value to the ERC technology and will lead to an expansion of Mantra's markets. KFUPM is well-recognized in the oil and gas industry, and a successful partnership with them could open many doors for ERC carbon recycling and for Mantra."Mantra and KFUPM are working together on this collaborative effort and, following the outline given in the LOI, they plan to engage in a fully defined project.Stay up to date with Mantra on Twitter: twitter.com/mantraenergyAbout King Fahd Uni...
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Mantra achieves enhanced cathode stability for CO2 recycling technology using new IP

VANCOUVER, Oct. 28 /PRNewswire-FirstCall/ - Mantra is pleased to announce that it has achieved enhanced cathode stability through the use of a new proprietary technique. Management will review the patentability of this technical breakthrough in the weeks that follow. John Russell, Vice President of Technology Evaluation at Mantra, explained: "We are happy with the latest advancements made on the ERC technology and Mantra will be looking at the patentability of this latest discovery to further secure its competitive advantage. Thanks to persistent research, ERC is moving steadily from concept to reality as a complete technology." He then added: "This is the essential evolution of a commercial product; it is built on a series of small successes culminating in a practical, economic technology that is of interest to industry and government."Mr. Larry Kristof, Mantra's President and Chief Executive Officer, had this to say: "ERC has an important contribution to make in the realm of carbon recycling and it is exciting to see it becoming a reality. It is more and more competitive with CCS (carbon capture and sequestration). The last five months have seen the rate of technological improvements move ahead of schedule and, as a result, we are getting the exposure in the media that we had sought. ERC is now getting consistent recognition from major international industry players and institutional investment firms alike."Mantra continues its ERC development with the following objectives: to upgrade the anode, develop an efficient method to separate the formate product, and to convert the formate into formic acid. Further updates will be released as important milestones are achieved.Stay up to date with Mantra on Twitter: twitter.com/mantraenergyAbout ERCThe ERC process, "the "Electrochemical Reduction of Carbon Dioxide", combines...
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MANTRA VENTURE GROUP LTD. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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MANTRA VENTURE GROUP LTD. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Forward Looking Statements This quarterly report on Form 10-Q contains forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Business Overview We are building a portfolio of companies and technologies that mitigate negative environmental and health consequences that arise from the production of energy and the consumption of resources. On November 2, 2007, through our wholly owned subsidiary, Mantra Energy Alternatives Ltd., we entered into a technology assignment agreement with 0798465 BC Ltd. whereby we acquired 100% ownership of an invention for the electro-reduction of carbon dioxide. Our mission is to develop and commercialize alternative energy technologies and services to enable the sustainable consumption, production and management of resources on residential, commercial and industrial scales. We plan to develop or acquire technologies and services which include electrical power system monitoring technology, wind farm electricity generation, online retail ...
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Mantra Announces the Appointment of Mr. Con Buckley as CFO

SEATTLE, Oct. 7 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that Mr. Con Buckley has been appointed to succeed Mr. Dennis Petke as Chief Financial Officer of Mantra. Mr. Buckley became a member of the Institute of Chartered Accountants of British Columbia in 1974, and is currently a senior partner of the Vancouver accounting firm of Buckley Dodds and Associates. Mr. Buckley has over 20 years experience in financing both private and public companies through Government grants and equity financing - including conventional and private debt financings. In addition, Mr. Buckley has considerable experience in establishing internal control systems for clients.With respect to his new position, Mr. Buckley commented: "It is with great pleasure that I accept the position as Chief Financial Officer. Mantra is at a very important stage in its corporate evolution, and I look forward to helping the company achieve its full market potential."Larry Kristof, President and CEO of Mantra comments: "We are very grateful for the expertise and leadership that Con brings to the table. Not only does he have a proven track record of raising funds, growing businesses and managing capital structures, but he also has a depth of financial experience that will be invaluable in helping Mantra achieve its corporate objectives." He then added: "We would also like to thank Dennis for his hard work and dedication to Mantra, and we wish him every success in the future."Stay up to date with Mantra on Twitter: twitter.com/mantraenergyAbout Mantra Venture Group Ltd.Mantra, through its group of sustainable energy, carbon recycling and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainab...
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MANTRA VENTURE GROUP LTD. Files SEC form 8-K, Change in Directors or Principal Officers, Termination of a Material De

Show all filings for MANTRA VENTURE GROUP LTD. | Request a Trial to NEW EDGAR Online Pro Form 8-K for MANTRA VENTURE GROUP LTD. 7-Oct-2009Change in Directors or Principal Officers, Termination of a Material De Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...
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Mantra Welcomes Mr. Jae Choon Ryu as Vice President of Corporate Finance, Korea.

SEATTLE, Oct. 5 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. (Mantra, OTCBB: MVTG, FSE: 5MV) is pleased to announce the appointment of Mr. Jae Choon Ryu as Vice President of Corporate Finance, Korea. Mr. Ryu has over 17 years of experience in the investment industry in Korea, and has raised capital in excess of $50 million USD through public offering and private placement deals. With the appointment of Mr. Ryu, Mantra started its Phase 1 of a two-phase approach for its expansion into Korea. Mr. Ryu will be responsible for managing partnerships in Korea and securing additional financing for the development of Mantra's CO2 recycling and other technologies. Mantra's regional office is scheduled to open on the first week of November 2009 and it will be located in the Investment Korea Plaza at the KOTRA head office in Seoul.Upon completion of Phase 1, Mantra will engage in the Phase 2 involving the identification and implementation of a research facility and a demonstration project at a industry site such as a power plant. This initiative will be in collaboration with both Korean provincial government and industry partners, and will be strategically aligned with the numerous incentive programs available within Korea.Shawn Kim, Vice President of International Business Development of Mantra, comments: "It is with great honour that we make this recent announcement. Mr. Ryu's financing capabilities are second to none, and we are very pleased that he has decided to join our team. In leveraging his experience and prolific contact base in Korea, Mr. Ryu is expected to deliver significant financing and partnership opportunities for Mantra that will lead to the commercialization of our CO2 recycling technology."Mr. Ryu began his career at Korea Investment & Securities Co., Ltd. where he started as an analyst and was later promoted to t...
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