"mortgage over the Wellard properties andFBR’s subsidiary Fastbrick Engineering Pty Ltd" This is key, what entity owns the patents?
What does the subsidiary Fastbrick Engineering Pty Ltd own?
If this agreement ends up being expanded I don't want the patents being sold off under liquidation for pennies on the dollar if something goes majorly wrong such as a house price crash or project failures.
It's great to see the internal logistics have been improved on the machine, hopefully lowering the number of onsite staff needed.
The current sales are not acceptable, the machines should be fully utilised, the latest video seems to be more direct to consumer orientated, can we get a crazy marketing CEO shipped in from Silicon Valley to run this show before it runs out of cash or is diluted into oblivion?
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Ann: FBR secures construction financing facility, page-52
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