Ann: Annual Report to shareholders-KPO.AX, page-11

Just doing a bit of background reading on KPO when it was previously listed as Wasabi Energy (ASX:WAS). I came across the following article in the Sydney Morning Herald dated Jan 1st 2014.

Wasabi Energy placed into administration after failed rights issue

"Mr Byrne said the company had been plagued by delays in commissioning plants overseas but defended the Kalina technology as 'unquestionably good'. "

The above quote stood out in my mind as being the primary reason why KPO has placed so much emphasis on creating a management team with the credentials and track record to fully implement the new business model and see the KALiNA Cycle reach it's potential. The fact that 3 of our top guys all worked together previously at Pristine Power is outstanding. And, as @Lefevre reminds us, no further funding should be required.

If what @The Doc says is true and Management are heading to China for contract negotiations, perhaps this will result in Sinopec giving the green light for more KALiNA Cycle plants to be commissioned.

Exciting times ...