Ann: Redflow enters Voluntary Administration, page-29

I sold out last month, Tim did not convince me he had a business plan to bring in the X10, and in doing so he killed off the zbn3. Redflow has never had a marketing plan that included selling battery's, to many changes in direction without actually following through with sales, more interest in paying big salaries and bonus and not enough building shareholder value. The board has been very quiet for a long time when they should have been looking after shareholders interest (i.e. steady the ship build on progress) They build up a good network in Australia which was getting better all the time, Tims big ideas sunk Redflow.