Think I covered some of the points in your post. Seems they're planning to go to a green/cleantech investor market to get buyers of the stock, because the asx is a bit dead pan when it comes to environmental stock. Hence also selling in the UK/Europe asap presumably. Bigger market with a bigger appetite for these types of product. I think this was in their previous presentations anyway. To me it sounds like they're not a million miles away from breakeven anyway so they believe now is the time to expand both international sales and company awareness. Progressive management I'd say, but that's my angle on stuff and of course by all means avoid them if you believe otherwise.
ECQ Price at posting:
3.5¢ Sentiment: LT Buy Disclosure: Held
