maybe its leaking a bit though... just a theoryhere are my views...

maybe its leaking a bit though... just a theory

here are my views again, again with the phone calls (I was enjoying a pint)

i posted this nearly a month ago. i stand by it.
only difference = more value now.

my view in v brief terms:

managment - full time = overpaid; part time, underpaid with little power to control the overpaid ones.
cash burn - excessive given stage of commercialisation.
progress of Tincom - at Tincom's beck and call, not ours.
Other deals - in where?? Poland??? Greece? Indonesia? Hardly stalwarts. China, Mongolia, India... where are they?
Technology - amazing. Never a debate.
Sales - YES! Small but show we can at least afray some costs. Lets not get excited about "profits" from ~$60k of sales yeah. But, well, it sells i guess. Lets get some up-front cash in the door. Lets not waste it please.
Use of consultants - excessive. See point one, overpaid management. Should we hire lower paid full time management and cut the consultant fees = yes.
Who would want to job = anyone's guess.
Support of State/Federal Govt/Infrastructure needs - unknown, though I doubt telling the government in not too subtle terms they need ESI(see www) helps; though I can understand the frustration.
Support of strategic partners - no comment.

Do i think ESI is value at these levels - YES. At these levels.

Disclosure, I do hold some options (no shares now).

High Risk/High Return

Will ESI ever be a non-traded pump and dump stock = unknown, I hope so.

What will make this happen = Tincome JV, plant construction.
Management change.
And share consolidation.

In this order.

Downside scenario - Tincom takes 12 months and buys ESI for 3.5C... but not before ESi hits 1.2c. Options 0.5c