Sep. 21, 2009 (PR Newswire) — SEATTLE, WA, Sept. 21 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce the success from its Korean business development mission as ENTECH 2009 draws to a close. Over the course of the past several days, Mantra executives met with numerous business representatives and government officials, and several strategic relationships and financing opportunities have been identified.

Over the weekend, Mantra was personally invited by Director Sung from Gyung Buk Province to visit local power plants, tour facilities in Pohang city’s state-of-the-art techno-park complex, and to discuss current trends and environmental challenges faced by industry today. In commenting on the visit, Shawn Kim, Vice President of International Business Development for Mantra, noted: “I have seen the capacity of government and large industry leaders to get behind the new technologies and accelerate their pace toward commercialization. We see Mantra’s

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Sometimes Russia's state-run energy business seems to operate under the George Costanza strategy of "do the opposite" - if it makes good sense according to market logic, do something else.  Before the economic crisis, Gazprom figured among the top six largest energy companies in the world, but has since fallen to 11th by market capitalization.  Analysts in the banking sector are worried about reinvestment in production, while other experts think that the dwindling profits and rising debt are likely to sharpen energy politics between Russia and Europe as  the company could seek to renegotiate contracts.  Despite all these signs that spending should be tightened, Gazprom's ongoing expansion acquisitions are increasing the company's bloat, with the latest target being Sibir Energy.It is a ...

Superlattice Power, Inc. is a leader in the development and marketing of next-generation lithium-powered batteries worldwide. The company is working closely with EV Innovations (EVII.OB) to research and develop mass scale production of cathode superlattice nano and sub-micron sized structures for use in rechargeable lithium ion batteries.

Lithium ion batteries are composed of cathode, anode, separator and electrolyte composed of lithium hexafluorophosphate (LiPF6) or different salts dissolved in non-aqueous solvent. A lithium ion battery is the primary source of a rechargeable storage system since it has the capability to provide the highest gravimetric and volumetric energy density.

Perhaps the key component in a lithium ion battery is the cathode. The cathode materials that Superlattice produces are based on a superlattice structure. A superlattice structure is a hexagonal structure that can accommodate more lithium and more power than conventional material structures. The elements and special

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Pretty bad day for the overall market yesterday as most stocks ended the day down on some more banking fears. I really do believe many of these banks still have not come clean about all the junk/bad stuff that’s tied up in their banks. But believe me I do think it’ll all come out, and the market is going to react negatively to it..as we saw today when word got out that Bank Of America has a stock pile of bad loans.

For now though, lets focus on some penny stocks that have been greeeeeen lately!

SCON big 150%+ manipulated move we’ve seen the past 2 days on a sketchy PR, was up 50% Monday before the PR was even released yesterday. I’m feeling a like a short play is building up..but don’t be surprised if this shows some more DFR -type strength tomorrow, I’ll like it even better then more strength=better

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GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, today received national media coverage in an article written by Commercial Property News and produced by Neilson Business Media, a part of the Nielsen Company.

The article focuses on GWSC’s alternative energy-themed industrial park in Arizona and highlights the innovative ways in which developers are finding to give industrial development a green twist.

On April 2, GWS Technologies Inc. and Sustainable Eco-Green Development Co. announced that they are teaming up to develop the project next to the Phoenix-Mesa-Gateway Airport in Mesa as part of a 900-acre parcel owned by Paragon Properties. A signature element of the GWS Technologies-SEDCO park will be solar power provided by an on-site plant, and the developers plan to make the park a hub for alternative energy companies.

GWS Technologies and SEDCO are banking on the growing interest in sustainability to attract a variety

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I can’t decide if this is a case of cluelessness, stubbornness, or both.

See, I try not to pay attention to the doings of the power elite when they gather each year for their conclave in Davos, Switzerland.  It’s not where they make the big decisions, and as such the gathering is little more than an excuse for sandalistas to show up and protest.

But it was hard to avoid the media coverage this year, given the hoopla over how “the world had changed” since the last gathering.  Still, there was absolutely nothing interesting or revealing about this year’s model, save perhaps for the fact that fewer bankers showed up.

Except… an enterprising reporter for Italy’s Corriere della Sera newspaper made the most of his assignment at Davos.  Federico Fubini surveyed “60 top central bankers, financial market regulators, fund managers, and industry opinion-makers.”

He first asked whether they themselves “might have contributed,

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Here’s five reasons why Reserve Bank governor Alan Bollard should have held the Official Cash Rate at 5% this morning, rather than the 150-basis-point cut to 3.5% he delivered.

1. We have a savings problem.

The best way to encourage savings is to keep interest rates above 5% at least. A lot of people forget there’s about a million New Zealanders who have about $110 billion in bank accounts, term deposits and debentures. When the OCR is cut their incomes fall fast. About two-thirds of these savings are either on variable “call” rates or on terms of one year or less.

A lot of people also forget that we have a massive current account deficit problem. It has been stuck over 8% for four years. It reflects the fact that we spend more as a nation than we earn and we borrow the difference (or sell assets when we can). We

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Individual investors will be getting their statements from October.  The news is not good. Most people react in the wrong way, looking backward rather than forward.  This is the main reason that the individual investor, attempting to time the market, gets about half of the average rate of stock market gains. Three Factoids Sometimes the picture can be captured in a snapshot.  Here are three facts to consider: Investors are bailing out of mutual funds.  The latest report is a massive sell of $21.9 billion. Warren Buffett is buying -- not just for Berkshire Hathaway, but for his own account.  Doug Kass highlighted the Buffett performance on market calls.  (Full disclosure:  We are fans of Doug Kass, writing for a paid site at TheStreet.com. We write there also.  We were paid subscribers, profiting from the advice, before we joined the team.)  We are ...

Both presidential candidates want to crucify SEC Chairman Cox for failing to control our creative financial institutions. But rumor has it that Congress specifically excluded the devilish derivatives from SEC purview. Let’s fire the right bunch of “poips” for a change!

Scary markets are brought about by many factors, some normal, and some not so normal. It’s often helpful to look backwards before getting too paranoid about the present. The S & L crisis of the early 80s might be an appropriate starting point.

Later that decade, a multi-year rally had its head lopped off by high interest rates, high inflation, and a computer loop. Ten years later, another soaring market was toppled by economic factors. The turn of the century witnessed the bloody demise of the no-value-at-all dot-com illusion.

A profit taking strategy during the rally days was all that was …

China Precision Steel, Inc. (CPSL), a cold-rolled steel processing company in China, reported preliminary fiscal year 2008 financial results this afternoon after the close. The company expects to achieve $87.7 million in sales, an increase of 62.6% year-over-year from $54.0 million. Analysts expected 2008 revenues of $75.4 million. China Precision Steel expects gross profit for 2008 to be $22.5 million, an improvement of 49.6% from $15.0 million in 2007. Fourth quarter revenue is expected to be approximately $28.5 million, an increase of 70% year-over-year from $16.8 million.

“Our record results for the full year are attributable to an increase in orders from our current customers, as well as the addition of new customers, the majority of whom came to us as a result of increasing media coverage of the Company’s high quality, specialty steel production,” said Dr. Wo Hing Li, China Precision Steel’s Chairman and

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