CFU 0.00% 0.4¢ ceramic fuel cells limited

Smart grid Netherlands, page-2

  1. 1,095 Posts.
    Very positive for the technology and CFCG IMHO, on reading the notice to shareholders I note the report:
    Very Disappointing 5.12
    TLE Electrical Amounts paid for units not commissioned 30,300 ( 1 unit?)

    Simons Green Energy Amounts paid for units not commissioned 27,000 ( 1 unit )

    Deakin University Amounts paid for units not commissioned 168,480 (3 units)

    Section 7.1 mentions further investigation and ASIC if dividend is under 50c in $1.00

    Accordingly it would appear that some existing directors have much explaining to do, as part of the winding up process.

    There is a recommendation that the company is not returned to existing Directors (CFCL.)

    It appears that CFCG is a separate entity, it was the company to appoint administrator first ( I find that interesting)

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Currently unlisted public company.

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