The PPY veneering machine was (allegedly) fully adjustable, and...

The PPY veneering machine was (allegedly) fully adjustable, and PLC controlled to cater for any size banana stems, in any location, so the "claim" that the machines had to be modified is just smoke and mirrors. I just don't believe it.

How much did EGBC allegedly pay to modify the machines, and when did PPY agree to transferring their machines to EGBC ?
Sound like a good deal for Ramy's mates.
According to previous company posts EGBC were meant to pay lots, and lots of $ for PPY's machines, so PPY has seen nothing in exchange for their machines.

Basically PPY gave away their machines to EBFC and now they have given away their 50% share in the JV, so PPY effectively have zero assets, and simply hope that there'll be a revenue stream if EBFC can actually make and sell anything … which to date, and 18 months after their factory was declared as fully functioning, has resulted in nothing.
In addition after many, many, years of trying to get parties interested in licensing their technology (remember all the projects, and claims and "potential") , … it has all amounted to nought, with the exception of an impending legal battle with AB, who has made certain claims, which all have been acknowledged by PPY, .. together with "an apology" to AB. The outcome will be very interesting indeed.

So sad, really .. especially for the investors.