ECT 16.7% 0.4¢ environmental clean technologies limited.

ECT Q&A thread 23/7, page-17

  1. 414 Posts.
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    Questions:
    1. Would you please upload an image of the front cover and header page of the Project Agreement. For what pourpose? Please ask a straight question. Maybe this is why your questions arent answered.
    2. Would you please upload an image of the front cover and header page of the Research Collaboration Agreement (s). For what purpose? Again, Please ask a straight question. Maybe this is why your questions arent answered.
    3. Would you please explain how the condition precedents to financial close evaporated? Your question isnt clear. What do you mean by evaporated?
    4. Would you please explain what particular information gave you sufficient confidence to state that the alleged agreements were poised to be signed before the end of November 2018? What do you mean by alleged agreements? Regular meetings and discussions between all parties reinforced the confidence. We dont make ASX announcements without substance.
    5.What was the most significant piece of work by an individual at ECT that lead you to believe that the alleged agreements would be signed? The work is conducted by the team, so its difficult to point to one person's single contribution.
    6. Do you believe that ECT Finance and the ELF structure has protected the existing entitlements of shareholders and balanced the interests of those shareholders who were willing to contribute cash on the basis of statements made in the 2018 Annual Report? Yes.
    7.What market roll out of the ELF structure occurred following your statements made in the 2018 Annual Report? We have started engaging the market. There is substantial interest but requires a focused sales team to make material progress in establishing external ELFs.
 
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