CFU 0.00% 0.4¢ ceramic fuel cells limited

Very positive for the technology and CFCG IMHO, on reading the...

  1. 1,095 Posts.
    Very positive for the technology and CFCG IMHO, on reading the notice to shareholders I note the report:
    Very Disappointing 5.12
    TLE Electrical Amounts paid for units not commissioned 30,300 ( 1 unit?)

    Simons Green Energy Amounts paid for units not commissioned 27,000 ( 1 unit )

    Deakin University Amounts paid for units not commissioned 168,480 (3 units)

    Section 7.1 mentions further investigation and ASIC if dividend is under 50c in $1.00

    Accordingly it would appear that some existing directors have much explaining to do, as part of the winding up process.

    There is a recommendation that the company is not returned to existing Directors (CFCL.)

    It appears that CFCG is a separate entity, it was the company to appoint administrator first ( I find that interesting)

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Currently unlisted public company.

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