Mantra Venture Group Ltd. (MVTG)

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Mantra Venture Group Ltd. (MVTG)

Postby QualityStocks » Fri Jun 03, 2011 1:05 pm

Mantra Venture Group, through a group of sustainable energy, carbon reduction and consumer product subsidiaries, pursues opportunities within the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. The company continually seeks out new technologies and innovating solutions that promote a cleaner earth.

Mantra Energy Alternatives Ltd., a wholly owned subsidiary of Mantra Venture Group Ltd., owns an intellectual property, a patent applied for, called the Electro Reduction of Carbon Dioxide. ERC was developed first at the University of British Columbia at the Clean Energy Research Centre by Professor Colin Oloman and more recently at the Mantra laboratory.

ERC is a method of recycling carbon dioxide into valuable non-volatile organic compound, called formate or formic acid, a natural by-product of CO2 recycling that enables industrial CO2 emitters to make profit off of their emissions rather than incur costs. Using ERC could potentially reduce the cost of sales and increase gross margins for industrial emitters.
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