MNS magnis energy technologies ltd

Ann: Full Year Statutory Accounts, page-2

  1. 7,750 Posts.
    lightbulb Created with Sketch. 775
    gosh not much to see here - quite a complicated and interesting situation with C4V though - with loan write-down, interest in that company and payment to that company for services (what services they would provide to MNS i have no idea!!! but at $50k/month would be interested to know what that entailed.
    changes to officeholders little offputting given the number of changes all nicely summarised in the report.
    value of the equipment interesting - $2.5m transportation and other costs as well. All mothballed??
    balance sheet IMO not too strong - value is in the carrying amount of Tanz and the revised equipment but the reality would be different im sure - all IMO.
    so in a nutshell - not much to see here again - lets move on!!!
 
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