The recent north Queensland floods also wouldn't have helped the Daintree installation.
It is concerning that there has not been any follow up sales announcements for a while. Also there does not seem to have been any growth in the list of approved installers - either locally or internationally.
Noticed there is a website for those technically interested in the product (zcell.com), such as installers or energy related companies. Looks like Simon Hackett has been active over the past month with several additions to the FAQ section. I have no expertise in the area but it does come across as a technically challenging product. Certainly not as straight forward as say solar panels. This may be part of the reason for a delay in sales. The only comfort is that if anyone can simplify and explain the technical issues for those who need to know, it's probably Simon.
No doubt Simon is probably hurting as well having invested millions with an average price around 11 or 12 cents, and he may have to look behind the couch if Redflow finds it needs to call on shareholders for further finance. Strange that the company has not been more active in promoting itself if it does need finance soon - or else it has a injection of finance from an outside source in mind. The quarterly report will shed light on finances and what's been happening with sales.
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