Mantra Venture Group Ltd, Inc. (MVTG.OB): Another Green Stock on the Move
Source: http://Blog.QualityStocks.net/?p=13227Posted on Monday, November 3rd, 2008 | In Small & Micro Cap
Mantra Venture Group owns several subsidiaries that have their focus on the environment. Mantra Wind focuses on sustainable wind technologies by building wind farms in British Columbia. Mantra Energy Alternatives Ltd. focuses on the alternative energy field exclusively with interest in biomass, hydrogen, tidal power, and improved 3-phase power management. Climate Esco Ltd. focuses on helping businesses implement new green technologies. Mantra Media Corp. serves to spread awareness for the complex field of sustainability with media and public relations. Last, but not least is Mantra China, which is the vehicle for the Mantra Group to establish a presence in Asia and expand throughout the Pacific Rim.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, implements an innovative, multi-faceted approach focused on profitability through sustainability. Mantra has acquired the intellectual property for an alternative to carbon capture and storage, the CO2 Converter, a process that converts carbon dioxide into a fuel. Mantra has also secured an exclusive option to Signal Smoothing, a technology that can convert power from variable sources (i.e. wind and solar) into grid standard. The global wind energy industry alone is now worth $6 billion and is growing rapidly, projected to be worth $37 billion in 2010.
A feature on Mantra’s website is the Carbon Calculator. The Carbon Calculator accepts initial user input, then calculates annual CO2 emissions based on energy and resource use in the home and at business premises (e.g. space heating, hot water, and electrical equipment), and for personal and public transport (e.g. cars, motorbikes, flights, bus and rail). Initial user input generates a base-line carbon footprint. This makes it handy for consumers to see their personal impact on the environment and what they can do to minimize their footprint.
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