Ann: Appendix 4C - quarterly , page-3

afd
not good reading
"The company transferred RECS to the value of $2.175 million to the vendor of Neighbourhood Energy Pty Ltd during the quarter ended 31 December 2011 as a deposit for the proposed acquisition"
i hope this deposit is not lost. The deposit will be a big question coming up for the half yearly meeting. CBD still talk of big lead in times for projects. These future projects and revenue need to be outlined at the half yearly meeting as well.