Ann: Shareholder Update - India Project, page-52

I am 100% pro ECT, and have held for many years.

BUT, the announcement states that they have given the project to Engineering Company GEOFINY.

All the research I can find on them - I don't see how they are qualified for this type of work.
They are basically a glorified surveyor. They are listed as an IT company - definitely not Engineering!!

A project of this size and importance, to be given to company that has no prior examples of this type of work. And only around 30 employees (likely majority as field workers)


There are a Thousands of highly reputable Construction and Engineering firms in India, with experience in these types of Contracts... yet we go with an unknown??


I am someone who has been in the Engineering/Construction business for more than 15 years, and have 30+ Employees.
This is definitely NOT okay!

I strongly advise everyone to do as much research as possible on GEOFINY, and demand to see examples of other works of this size and nature.