This is a very good half yearly accounts 2 main points to take...

This is a very good half yearly accounts

2 main points to take out of it:

- Greenearth are phasing out the unprofitable geothermal division and this is the reason for rebranding their lighting business to Vivid Industrial. Without the geothermal end dragging them down and with Vivid Industrial up on revenues 282% with big name customers such as the Perth Railway Station, Schweppes etc, I would think that the Vivid lighting business will become cash flow positive in no time and will sustain start up expenses (R&D) for Greenearth's soon to be biggest money maker by far : NewCo2 Fuels

which brings me to the next and most important point of this presentation:

GREENEARTH HAVE SECURED ITS 33% HOLDING OF NEWCO2FUELS

I didn't want to say it, but Greenearth's announcement on the 30th of January scared the living hell out of me! a time extension to secure this gem, I was worried we would lose this.

I'm surprised the share price isn't 15c + after this news. Once this technology goes commercial (this year), this stock will fly.