ECT 16.7% 0.4¢ environmental clean technologies limited.

Yep and the Key Points are:* ECT kept share options alive via a...

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    Yep and the Key Points are:

    * ECT kept share options alive via a credit facility so they can be converted and paid for at a future date if the share price recovers.

    * The Men's Shed are using one of the vacant sheds at Bacchus Marsh.

    * The HESC consortium with their barrels of money are going ahead with their project but ECT ain't part of it.

    * Glenn Fozzard toured a hydrogen receiving port in Japan but ECT is not one of the industry participants who uses it.

    * He also toured the factory where Panasonic makes the fuel cells that ECT bought. (No news though if these have even been unpacked at Bacchus Marsh yet).

    * A lot of yadda yadda repeating things already announced and a vague mention of preparing Bacchus Marsh.

    * Some MP visits Bacchus Marsh and gets his photo taken.

    * The directors will take their remuneration partly in shares.

    * A presentation about ECT was sent to brokers.

    * A balance sheet with mainly minus numbers. The important plus numbers are:

    Receipts from customers: $16000.

    Cash & equivalents: $2064000.

    *Estimated quarters of funding left: 2.27

 
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