ECT 20.0% 0.3¢ environmental clean technologies limited.

General Discussion, page-98

  1. 946 Posts.
    lightbulb Created with Sketch. 146

    Mid December now: where is the money coming from to do the magical kiln build?


    CR to shareholders? (Unlikely as most won't sink any further money into it due to the past failures.)
    |
    CR to Investment firms/intitutions? (We are at .005/6. So issuing at .002/3? If they do take it up they will dump shares immediately to get their money back.)

    CR via the ECTF where they issue shares via conversion of options that are held in escrow but you don't pay until the share price rises? (Last one produced no working capital, just a book potential of payment maybe in the future if they start getting things right and the share price goes up.)

    Issue shares to contractors in lieu of payment? (Good luck trying that.)

    St Rizzo saves ECT
    : The mere presence of St Rizzo on the Board of ECT causes a holy miracle to occur and money rains from the heavens at Bacchus Marsh?

 
watchlist Created with Sketch. Add ECT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.