Ann: Shareholder Update , page-84

Key statements (15 March 2012):

"Environmental Clean Technologies Limited (ECT or Company and ASX code: ESI) advises it is in negotiations with Monash Capital Group Pty Ltd (Monash Capital) in respect of short term funding for completion of the Design for Tender, the on-going development of the Company’s technologies and working capital requirements - "

Yes this is the $6m dolla sum; this sum is not aligned with the ALDP and can be announced; although certain destinations of it use I.e DFT are ALDP aligned and are under that gagging order

"and long term funding for the construction of a Coldry Commercial Demonstration plant to prove the commercial viability of the Coldry technology."

- this is the larger CSI funding pot....this one is nailed to the wall and the duct tape is firmly on; forget about hearing about this one until its allowed to be let loose..

Quitcoals 'seek and destroy' trail seems to have run cold...IMO its largely down to the shut up or get out stance the DPI / ALDP have thrown down; risk of disqualification should the poor boys start to talk before the time is right.

Yes, agreed its our cash that is buried in the company; our cash.... right to know follows

ASX rules , ALDP rules ...rules exist and are there to try and prevent members 'going over board ' or 'falling over board' ... Rules can be bent somewhat; ESI are actually allowed to Ann that they are in, submitted "who hoo!!!" Ye I know it ain't much.. But at least we know we are on course; DPI could have just flicked ECT and no participant of the ALDP would have been know... Water tight, means something in itself IMO..

IMO if the ASX said ' no you have to allow the SHs know about all your involvement in the ALDP' IMO then The DPI would have to chose in dropping its own rules to cater for the ASX or just cut ECT loose...IMO if ECT were cut loose from this $90m fund pot , well then ECT would be overboard and lost at sea. IMO ASX have bent rules to prevent an ASX listed company going overboard....

Closer, imminent, next week etc... Heard it and bought more based on those words...Monash are still in there, March to may is the new window...its the $6m ONLY that we can be advised on at this stage..$6m is more than just $6m if she pops through within the window provided; Monash ain't going to dish the cash unless they have agreed on the bigger deal. Lets see what April brings...