JGL 0.00% 3.8¢ jackgreen limited

re: dont get out just yet....

  1. 1,767 Posts.
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    extracts from Chairman's address to shareholders (17Nov06);

    ......
    Our first attempt to outsource our telemarketing ended quickly when we
    uncovered sales practices that didn’t meet our standards nor those of the
    regulator in NSW. We terminated the agreement as soon as we became
    aware of the problem and the staff involved in the management and we
    entered into a performance deed that made certain that we would not see a
    repeat performance. We conducted a systems review and hired experienced
    Regulatory and Compliance management.
    ......
    To make certain we are best positioned in the renewable energy space, we
    are pleased to announce today a new initiative. From this moment the
    company will only sell products which have GreenPower accreditation.
    GreenPower is a government accredited program that promotes new green
    energy. As we will be the only retailer to provide this offering, our uniqueness
    and competitive advantage we believe positions us ahead of the pack for the
    early 2007 growth campaigns.
 
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