Ann: Trading Halt, page-121

Please clarify quoting sources & links for the information provided.

source:
Environmental Clean Technologies/ASX Announcements 22/12/2016 - India Project Funding Strategy
Link:
http://www.ectltd.com.au/category/asx-announcements/

ASX announcement:

In relation to the EFH Options exercise program range of $3M to $5M, the Company expects to realise up to $1.5M by the end of February 2017, on the way through to the target of $3M. Subject to market conditions, the program may be expanded up to $5M.

My post :


positive news for R&D ruling will sent the SP north and trigger the EFH,

EFH...will provide money to large option holders like Ashley,Adam , Foz, etc to convert their options, and 3-5 million bucks goes to esi. First 1.5 M starts in Feb.
Gotta be some confidence there if company execs / large holders prepared to borrow money and have their shares put away to raise funds

They're not asking shareholders for money and dilute like most companies. They are working in all our best interests, very innovative!

Post 2
ASX announcement :

The overseas ruling, which provides pre-approval for R&D claims on overseas activity, is currently under review by AusIndustry. The two Indian partners' co-contribution of 1/3 each has been agreed in principle and is subject to finalisation and execution of the Master Project Agreement (MPA), which the parties are working to conclude soon

My post:


R&D application for coldry is still going through the government application process "it's been a painful process but this is a learning experience for everyone .They are going through it and we are very confident ,that said our process with matmor will be more streamlined and is been prepared at the moment "

Separate application for Matmor ,
Coldry R&D ruling is to secure Brevet finance and $$$ from Matmor will be the icing on the cake