UP In Arms, page-51

It's clear we are in a high risk speculative investment. There is no underwriter for the issue. Sales have been difficult to generate with no significant progress since the previous Briefing in late February.

I do believe the product is technically challenging and hence the lack of sales or growth in those interested in being installers or retailers. Simon is a good person to communicate these challenges but not everyone shares his passion and would prefer a simple straight forward product.

I should have picked it up earlier as it was mentioned in the previous Presentation but for backup purposes the Redflow battery only minimises the use of a diesel generator rather than replaces it. The benefit is considerably reduced for backup purposes if you still need a diesel generator to be maintained and tested.

Time to decide if I want to punt more.