Congratulations MPE on landing the grantAlthough I would have liked to see a bigger amount from the grant, I am pleased that Chinese Gov't has chosen to "invest" their grant money with MPE. If we read between the lines, it's obvious that even the Chinese Gov't can see the viability of the company's operations. What is especially significant is the fertilizer plant production has only been operating for less than a year. That's a pretty glowing endorsement right there.
I believe that MPE is making significant strides and I am eagerly awaiting for October's revenue numbers. After a relatively lousy September due to the road construction delays, I'd like to see if revenue has resumed to prior levels or even grow above them.
The recent trading activity has been stagnant. it seems like a faceoff between buyers and sellers, waitng to see what happens next. Obviously the news today of the grant being awarded was not enough to spark a catalyst on the buy or sell side. The weak hand sellers have dwindled lately, and the bids hav strong support down to .10, but they aren't budging upwards either. Go grab a cup of coffee, because the next act is about to begin.