POW 0.00% 0.8¢ protean energy limited

Ann: Annual Report to Shareholders-POW.AX, page-4

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  1. 2,392 Posts.
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    Apologies if this has been mentioned before as I just noticed this company and read its website. Isn't their technology a complete rip off of the original Carnegie design?
    As for funding, if Carnegie is still trying after more than a decade to get decent funding and cashflow without success what hope is there for these guys?
    I wouldn't buy this if it was the last company on the ASX especially considering what stage of the game their at.. Broke in 12-18 months is my prediction.
 
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