is esi dead? time for answers

With a SP which has flat lined, next to no trades in the last 6 months, an ongoing SPP with hundreds of millions of shares on offer at 0.006c, no exec having shown support by purchasing any substantial number of shares in the last 6 months and the only glimmer of hope hinged on the Victorian government spending millions of dollars developing a means of transport, it is time for some tough agm questions.

It is a bit harsh to suggest that esi is the biggest dog stock on the asx, there are so many other penny dreadful stocks under 1c which look to have no future but it is certainly time for SH to find out how management plan to bring this coy back to life.

How long will the sp be nailed down by the onging spp?

How much longer before the DFT is completed?

How is anything likely to happen without funding?

With day after day of no trades, what is the coy doing in regards to investor presentations to promote esi?

Will there be another capital raising in 2012?

Are management currently lobbying for government funding?

With phases 2 to 4 of the Coldry project being completely dependent on the Victorian Government's implementation timeframes for infrastructure expansion, is this realistically ever likely to occur?

Why are directors not buying any significant number of shares to give a show of confidence?



I recieved some good advice recently from one of the welded on which is especially relevant here...

"Never fall in love with a Co, a tech, or a concept,,, unless it is making you $$$ The backers haven't put their $$$ behind it yet for good reasons imho".

Please feel free to add other questions to the list.

best wishes