CNES hired this guy to be on the Board of Directors...a promotion over being just an Advisor.
This has got to speak volumes on the potential (positive) direction of the company. The new financing is going to pay his salary and finish the construction in progress, and maintain the Co. for 12 Mos.
Just got to post it....he is going to be a boon for CNES.
Mr. Rodney Lighthipe;
Mr Lighthipe has a long and distinguished career in the electric utility and energy industry spanning thirty years. He has served the industry both as a corporate manager and as a consultant. His career began at Southern California Edison and included service in the areas of (1) power plant engineering, construction and operation, (2) nuclear engineering, (3) bulk power purchasing and (4) research, development and demonstration.
Mr. Lighthipe continued his corporate career at San Diego Gas & Electric as Manager of research and as Director of Product Development. His most notable achievement at SDG&E was the launch of two automated Meter-reading demonstrations when the AMR industry was still in its infancy.
Mr. Lighthipe was also responsible for the launch of a first of its kind residential based information and telemetry system. This SDG&E project was in conjunction with a major international telecommunications partner.