Ann: Company Update, page-50

I picked this up at the tail end of a story tonight, very true.

"But independent market analyst Peter Strachan said the problems with the Carnegie contract highlighted the importance of due diligence before decisions were made to fund technologies which were not commercially viable.

"Investors and politicians need to be wary of well-presented companies that are offering more than they can deliver," he said.

"They need to actually get a second or third opinion or a technical person who can actually pass the BS detector over what's coming through, to say [whether] is this a viable company or not."

Have learnt a $100k plus lesson here BUT I still find it hard to believe that MF could fall into the same trap?