cnm - ceto background 101

After today I guess there's a lot new holders on board, some of whom may have jumped in without being too sure about what this company is about.
It's all in the back threads but basically the technology was invented by a WA guy, Alan Burns who seems to have the Midas touch.
Over the last several years the company has been ticking all the right boxes..
As I understand it CNM has rights to sell Burns' CETO (wave energy) pumps for the SOuthern Hemisphere (not Reunion Island) whilst REH a major UK company has the rights for the N. Hemisphere.
Other wave generating techniques come to grief through wear and tear and corrosion. CETO is different, in fact it seems to be the only wave energy generator in the world to make electricty by pumping water ashore and running it through hydro electric turbines.
Company is headed by Dr Michael Ottaviano, a brilliant experienced company starter well able to take this to the ultimate conclusion of powering much of Australia through wave power.
First comes a potential Federal grant to help establish a 'project' plant enough to service 30,000 or more households.
THat's what all the fuss is currently about.

CETO production costs are supposedly in line with windpower and are expected to come in line with fossil fuels over next few years.
Great company!
Obviously everyone should do their own research and also discover this is a company worthy of genuine investment not only for the anticipated dollar returns in the short term, but over the next several years.