Freeplay Energy

Looks good! done some reading on there website, interesting times ahead.

Date: Wednesday 10 Jan 2007

LONDON (ShareCast) - Wind-up radio group Freeplay Energy hit a new low Wednesday as it warned that the full year loss before tax and goodwill is likely to be "significantly" greater than market expectations.

In an update for the year ended 31 December 2006, it blamed the bad news on a delay in the first commercial order for its mobile phone charger from the fourth quarter of 2006 into 2007.

As a result, it said turnover for the year, including five months of revenue from Dixie Sales Company, will be approximately $26m.

But the firm said it is encouraged with the progress made during the year and that its mobile phone chargers matched to 3 WP Phones' models are currently in test in Nigeria.

"Market feedback is reported to be encouraging, but the in market test is ongoing," said the group.