Ann: Q1 profit announcement , page-4

Maybe not a huge profit but correct me if I'm wrong rob111

You're correct about directors cutting their income to support the company through the GFC (they have considerable exposure with their own share holdings, so in their interest to see the company move forward)

But I would question your comment that the positive profit ann today is "no new work" ... "just cash in bank". In the quarterly report published 30th april receipts from customers were $2,190,000.

Maybe of interst to others regarding their growing solar business activities

from annual report end dec 2009

In february 2009 the company announced that it has commenced the marketing of solar panels. With an initial order of $550,000. By the end of June 2009 sales had reached over $2.5 million per signed interim financial statement and by the end of 2009 sales were $7,355,733.