This company is a disaster, the change in direction and investing in Solar technology is now proven to be a complete waste of our limited cash reserves!!! They are allready so far behind with their planning schedule it has become a joke, the technology is not proving to do what we were led to believe it was capable of and if any shareholders in KTE believe you can eventually make a profit out of this technology, ie if it ever works which is now becoming increasingly doubtfull, have a look at todays half yearly report from Silex (ASX Code SLX) and see the huge downturn in their sales in Silex Solar!!! The last report the company (KTE) released was pathetic in content and if that is the best they can do then i suggest you come to the same conclusion that i now have, SELL as KTE is going nowhere other than eventually into receivership as no one is going to throw any further funds into this lost cause!!!
KTE Price at posting:
3.0¢ Sentiment: Sell Disclosure: Held
