Will be emailing the company about the missing units, which were meant to be sent out "early in the first quarter of 2013".
To me, that comment implied that as of writing the December quarterly, which would occur late January, that the process was underway or the units were about to be delivered. I am interested to know whether they weren't included in Sales because they were delivered in "sub-assembly and component format"?
"During December the Compant began supplying units to E.ON-UK (in sub-assembly and component format) under Phase II of E.On's Joint Technology Initiative (JTI) fuel cell demonstration programme. (E.On has previously deployed 41 Bluegen units under Phase 1 of the programme in 2012.) In Phase II E.ON will deploy 60 integrated mCHP units that will be developed and built by the UK bolier maker Ideal Boilers Limited in co-operation with CFCL. The Company supplied 30 units in December and will complete the balance of the order early in the first quarter of 2013.
Staff Costs
Another disappointing feature was the lack of any impact on Staff costs in the quarterly, all commentary indicated these would decrease as part of the $5m in savings, yet they increased over the quarter (3.1m v 3.2m).
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