pathretic directors re take up rts issue, page-31

I'm glad FuelCell isn't my accountant, an interesting take on the numbers there.

Total Directors fees were 1,090,666, of which Brendan Dow as Managing Director (yes busting his chops for shareholders) earnt over 50% of that.

FuelCell has added in Senior Management wages into his comparison of what Directors took up in the rights issue, which totally skews the numbers.

Don't get me wrong, I think they should be taking less money till we hit cash flow positive (not as concerned about profitability), but FuelCell's numbers are wrong!

Also, some people should take a look at the Revenue versus Cost of Goods sold figures to understand them in more detail as some inaccurate statements have been made around these as well.