Invested in this company some years ago on the basis it had...

Invested in this company some years ago on the basis it had invested in the manufacture of fireproof poles.This concept had some merit given the recent bushfires in Victoria at the time.However,the pole manufacturer never seemed to ram home its distinct advantage and proceed with development.Examination of the manufacturing facility in Geelong appeared derilect.EGY if you examine the books have long since written off its investment in this.Have sold out some months ago on the basis I was sick and tired of the perpetual excuses of management for non deliverance in any business they have been associated with.Have formed the view that the enterprise appears to be an ASX lifestyle company.Proceed with caution on this one.