some light reading, page-57

SP3, bassy, and Kranky;

All good points of view.

SP3, I doubt the dd bobs not waiting for my next post will thumbs up this post;-))

fwiw ( I dont t.d. baglimit's points of view either )


'Who's Monash' has always reminded me of Kevlar Kenny, from another subterranean bat channel's,,, ''Who's Consort" story.

Yep it was always 3B v noms v churn imo too.

I can see the list of answers and excuses now that directors would be contriving in order to turn the heat down on the up coming AGM roaster.

I can also envisage, the typical smoke screen sort of an announcement that we will most probably get on Thursday 5pm Nov 15th or nlt pre open Nov 16 updating us on DFT and funding, and nice stuff like that there.

If the Monash story is being shepherded by Nommy Niel and Bobby Churn,,,, simple,,, ask the directors what's really going on with this cloak and dagger deal at the AGM and record the answers. If you think they won't give a straight answer then, well it aint too late to table questions to the directors via the correct channels.

Ask them who these other interested parties, supposedly in the growing queue are, and whether they have fair dinkum CSI dollars to hand over in exchange for a fair dinkum transparent posi on the fair dinkum shareholder registry top 3 Podium.


Here's a 20 off the cuff questions share holders might consider cutting and pasting in their next correspondence to the board pre AGM for direct answers at the AGM.



Open letter to ECT. ATTN THE BOARD.

1. Who's Monash?

1.a Who's funding the proposed new demonstration plant ?

2. Did Monash give ESI $500,000 ?

3. Did IMFA give ESI $500,000 ?

4. Did IMFAMA give ESI $500,000 ?

5. Who gave ESI $500,000 ?

6. For what reason did they give ESI $500,000 ?

6.a Are THEY funding the demonstration plant.

7. Why was THE $500K hidden in the noms if it was fair dinkum CSI partial funding?

7.a Was it churned through and used to fund the DFT 2&3

8. Wouldn't a fair dinkum CSI be overtly holding shares as a sign of mutual confidence and goodwill ?

9. Who is the CSI really ?

10. Who will be sued if and or when the CSI contract is declared in default.

11. Considering ESI have stated they are in receipt of Monash's time frames for funding, are they in the share holders best interest's, who was the signatory on that letter .

12. Why is that signatory's time frame considered to be in share holders best interests considering time is wasting business opportunities mooted via 'contingencies' stated by board ?

13. If we are to believe the Boards continued statements regarding the Constitution for a cleaner more transparent board in line with the ESI constitution and an odds on favourite resolution tabling big remuneration performance increases, how do we know Monash /IMFA / IMFAMA / NOMINEE and or time frame letter signatory's mooted time frame is in share holders best interests, considering the board's mooted contingencies in place should the above default ?

13a. and if q13 it is not allowed to be comprehensively understood by the board with holding information, in the name of commecial in confidence or indeed any other excuse based upon confidentiality from ALL share holders, for all share holders to consider in line with the company constitution for cleaner and more transparent governance, then how is share holder confidence in the board to be maintained above a mojority?

14. Why do directors feel a new performance bases remuneration package is in the best interests of share holders ?
( maybe the board could reinforce answers 13 & 13a here )

15. Where will any contract default legal dollars coming from ?

16. What is the board's final call for default time frame ?

17. If Monash do not show on the share register but they have to be sued for defaulting on a dd water tight contract, where, if anywhere, are their assets ? do the have $500,000 invested in ESI, and how would any Monash assets be liquidated to pay ECT compensation?

18. If the clean tech clean cut directors stand behind their statements as transparent and much cleaner act than all predecessors then why is share holder specific info needed for shareholders to vote upon held as commercial in confidence ?

19. Who is waiting to pick up the CSI slack on a contingency basis as mooted in the yearly, and the updates in the event of the current Deal, already in phase 2 falling over ?

20. Why was the one million dollar cheque initial component Tincom sent and ESI banked, really returned to sender ?

cheers RDU

( a parody for the 18 wheels of justice entity :-)

http://www.youtube.com/watch?v=5j2F4VcBmeo