Ok, in the interests of staying with the facts (now that I have finished by meal of crow) the following is true:
*2004 Sep - Engin commenced operations with a $7M capital injection (that would be about 5 years)
*Source Mobile Innovations 2004 Annual Report
http://www.engin.com.au/IR/postingfiles/asx/asxannouncement%20221004%20Annual%20Report%202004.pdf
Cheers