Any one know much about this company, cant figure out how far in...

Any one know much about this company, cant figure out how far in progress their system is. Also appears to be a wave energy advisory service.Any idea if CNM had any info sharing from them even though they are 2 different designs.
http://energetech.com.au:8080/index.htm



Energetech offers a comprehensive advisory service to the emerging wave energy industry. The company aims to be the leading advisor to this industry which, by 2025, is expected to entail an incremental 500MW per year of additional capacity. It is only through the development and installation of a substantial number of commercially viable projects that the wave energy industry will reach its true potential. Energetech intends to help facilitate this outcome through the offering of a professional Industry Advisory Service, structured around wave related power and desalination.

Energetech has a wide range of in-house expertise in the field of wave energy, ranging across the technical and commercial, to the licensing and permitting of projects. While these are our in-house strengths, Energetech will also consult with independent third-party experts whenever necessary, to ensure the highest standard of service to clients.