shareholder meeting

Just back from an informal meeting with Dave Sammut and Brian Banister from Intec and 6 shareholders who took the time to catch.

Like most I am underwater and keen to learn if the tide is coming back in soon.

Key impressions
1. Australia is a testing ground for innovation but not the promised land
2. China is quite exciting , particuarly the recent announcements. Interesting to see if they subscribe for the $750k of shares available to them.
3 Clear view that Burney is proven at scale.
4. Impressed at the committment, both through shares and enthusiasm of both Dave and Brian.
5.As always recent deals reflect the ( necessary ) flexibility Intec shows to move forward. Recognition the pot is empty re further share issues to raise capital from existing shareholders.
6. Could see a sustainable cash flow emerge in 2010/2011.

As one of the long suffering I remain ever hopeful but don't expect a miracle next week.CHINA could be BIG