agm summary, page-2

Thanks DKEL.

Also forgot to mention (sorry Sents) that in speaking to Olly he said that the new Chines model would be distributed through Power Eagle but not restricted to just them. They have hundreds of available dealers around China who are apparently loving the product.

Margins are better than expected; up to 16%.

Should also have clarified that the cap raising was not set in stone either. As Olly said, no one wants more dilution, least of all Patrick who said he'd tipped in 2 million of his own money and Charles who's tipped in 3.
They are looking at other options.
Besides, from what I understood after talking with them, the need for more money would only be on the back of good news and a good thing, and not because they just ran the ship into the ground.


Gottawinthosecontracts...