I think you should read the accounts a bit more coal and gas.
The 2 exec directors are a part of a incentive scheme that did not fully vest and have taken salary cuts for the last 3 years.
You could not be disappointed with the news they now secured Victorian and Queensland road lighting contracts for the first time since the technology was approved for use in metro areas.
TTI is in Net profit in 14/15 , and positive EBIT of $2.2m , with this added revenue stream it should start to pay down the debt and ave the balance sheet look much better in the next annual accounts
Market cap of 10.4m on 25m of revenue and 2.2m of EBIT in my view is being negatively influenced by the smear campaign all shareholders would have received in the mail recently
Looking forward to attending the AGM and listening to the Warneet team explain why they are voting for the chairman re election and looking to re appoint a director they voted against in the 14/15 meeting
TTI Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
