RE: Italia MDC loan to cover losses8 Sep 2023 09:32
I agree that you have the right to question the BoD's and their decision making to get us to where we are today. However you can understand my scepticism when it comes to your holding and ultimately interest in EQTEC as a company. Your tone is negativity upon negativity. Even your resonse to my email when referencing the Italian MDC was caveated with a negative. I'm glad that you are invested but your tone does come across that you would rather the company fails that becomes the successful business and as such this is why we've made an investment.
You do need to recognise that the renewable energy sector has had some challenges over the past few years and this has not only affected EQTEC but as previously highlighted PHE, ITM, CWR etc. These Market conditions cannot be attributed to the board, although I agree with hindsight they could have done things differently.
We have seen a number of milestones met over the past few months that has made me more bouyant as to the future pospects of my investment and I therefore look forward to the news about Northfolk and the entry into the US market which could elevate the companies profile.
So perhaps you could be a bit more balanced in your approach and collectively as shareholders we are able to come up with a strategy that would be beneficial to EQTEC's onward development into a profitable business that will benefit us as LTH.
All The Best