ECT 0.00% 0.2¢ environmental clean technologies limited.

Get out of jail free card, page-30

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    I should have said that whether the lawyers win or lose it's a win for them. But I don't see how a failed India project could ever be a win for the company or shareholders.

    On a related note, would it not be in the interest of the company and shareholders if the SIs including management did not sign up to the EFH but to the ELF instead? That way, all the options would be escrowed and the SIs and management/board would be demonstrating that they too are prepared to take the same financial risk as the retailers. Think about it. No EFH holding hundreds of millions of shares that they could dump or do as they please with whenever they please; no dilution. Hasn't the company been saying for a long time now that they will do whatever they can to minimise dilution? Yet, here they are (management and board) creating dilution by signing up to the EFH. Bit hypocrtical, is it not?
 
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