At 12p this looks a great BUY.Remember after the deal with Suvair this shot to around 30p ! Next news I am sure will be the announcement of some major deals.Fill up at this level.

this might be of interest to holders who are still in Directorate Change and Appointment of new Non-executive Chairman

Energy Technique plc is pleased to announce the appointment of Tony Caplin as
non-executive Chairman of the Company.

Tony, the former Chairman of Durlacher, is currently a non-executive director of
Panmure Gordon. He has helped numerous companies on the road to success and has
also held a number of senior management positions with Manchester News Ltd and
Pacific Telesis. He is currently Chairman of Ant Plc, Gladstone Plc and Ealing
Hospital NHS Trust. In addition he is a non-executive director of Easynet plc,
Northamber plc, Alternative Networks plc and Hand Picked Hotels ltd

The Company would also like to announce the resignation of Gerard Thompson as
both Chairman and as a Director of the Company. Mr Thompson is leaving to
pursue other business interests.

The following are details of all current and former directorships in the
previous five years held by Tony Caplin:

Full Name: Anthony Lindsay Caplin
Age: 54
Current Directorships
Alternative Networks Limited
Angelbourse Group Limited
Ant plc
Ant Software Limited
Bibliotech Holding Plc
Britton Holdings Limited
Coppice Alupack Limited
Durlacher Corporation Plc
Ealing Hospital NHS Trust
Edengene Limited
Easynet Group Plc
Fattoria Villa Saletta srl
Global Sealing Technologies Limited
Hand Picked Hotels Limited
iRevolution Group Plc
Melh 888 Limited
Norprint Labelling Systems Limited
Northamber Plc
Panmure Gordon & Co. Plc
River Gardens Amenity Limited
Syncforce Limited
Tadpole Technologies Plc
The Family Holiday Association
Webdraw Limited

Former Directorships
2020ME Holdings Limited
2020ME Limited
2020ME UK Limited
80-20 Europe Limited
Abingdon Capital plc

Biblio@Tech
Limited
Bibliotech Holding Plc
Dudley Office Supplies Limited
Dudley Stationery Limited
Dynamic Commercial Finance Plc
ERA Group Plc
First Africa Oil plc
Heritage Image Partnership Limited
Icollector Plc
IEQ Plc
iFuel Limited
Integration Limited
Inter-Hopper Limited
iRevolution Limited
Keystones Solutions Group plc
Law 883 Limited
London Pride Bus and Coach Sales
Limited
London Pride (Bus Sales) Limited
London Pride Engineering Limited
London Pride Group Limited
London Pride Holdings Limited
London Pride Sightseeing Limited
Marchpole Holdings Plc
Newscreen Media Group plc
Redcliffe School Trust Limited
Rockingham Motor Speedway Limited
Terra Firma Capital Partners Limited
The Royal London NHS Trust
The Virtual Orchestra Company Limited
Totally Plc
Totalrock Limited
Trust Totally Plc
Venturia Plc
William Clowes Limited

Tony Caplin was appointed as a director of Computer Monitoring Services Limited
in March 1984. On 25 October 1984 a liquidator was appointed to this company
which was put into creditors' voluntary liquidation. There was a deficiency to
creditors of approximately 132,500;
Tony Caplin became non-executive director of ERA Group plc on 25 June 1997.
Administrative receivers were appointed on 13 March 2001 following a request by
the directors of ERA group plc. The estimated deficiency to creditors at 13
March 2001 was 1,078,000. This company is a holding company for various trading
entities, including Beatties of London Limited;
Tony Caplin was a director of both Dudley Stationery Limited and Dudley Office
Supplies Limited which were both put into administration on 28 September 2001
and 7 August 2002, respectively. Mr Caplin was appointed as the Barclays Bank
nominee. The estimated deficiency to creditors at Dudley Stationery Limited at 3
December 2001 was 23,030,000 and the estimated deficiency to creditors at
Dudley Office Supplies Limited at 7 August 2002 was 5,543,000;
Tony Caplin was a director of Just Group plc which was granted an administration
order by the High Court on 9 January 2002;
Tony Caplin was a director of Icollector plc which was put into creditors'
voluntary liquidation on 28 February 2002. Mr Caplin resigned as a director of
Icollector plc on 14 September 2001. There was a deficiency to creditors of
approximately 2,958,000;
Tony Caplin is a director of Global Sealing Technologies Limited which was put
into administration on 21 September 2004. There was a deficiency to creditors of
approximately 6,255,000.

There are no further details to be disclosed under Rule 15 schedule 2 paragraph
(f) of the AIM Rules.

Dated: 4 November 2005

Enquiries:

Stephen Komlosy 07802 451 212,
Energy Technique plc, Director

Ian Fenn 020 7512 0191
ARM Corporate Finance Limited, Nominated Adviser

is the road to success paved with failure?

at the moment it feels like etq is no more than a paving slab........


is this the person to move us forward and upward or lay us down to rest????


GN

Terminator?

I reckon this could be a start. Just hope he is good at strategic direction.

Don't know whether he is good at strategic direction but he is probably very good at Creditors Meetings, he seems to have been to enough !

My guess is that he is Tchenquiz' choice which may be no bad thing

Hatchet Man??

There is not a lot left to axe. ETQ could recover quite fast once its new products are ready, eg in line Suvair unit for retro fits and the Lifebreath products. All Tchenquiz has done is given them the funding until that happens in a month or so. Meanwhile he has a controlling interest via Triandra.

I was in this some time ago. But hasn' t the share price fallen back now.
The question is how many actual orders did they get from the NHS?
My guess is not to many! From memory isn't the SP now around 1.25p.

guru11, This stock is a potential basket case propped up by Triandra(Tchenquiz). But at the current 1p sp it is a speculation on whether you buy believing they have a lifeline from Triandra, or whether this time Tchenquiz has been sucked in to a loser. Not an easy call. As for the NHS I don't think they have won a single money making order, but then neither has any other firm in their business. That's more a reflection on a government which purports to be doing all it can to combat MRSA etc, but spends no money doing it, and not the efficacy of the products on offer from ETQ (or others).

Is this the end ?

yep.

wasnt tony caplin associated with TAD?
follow the man, compound your loss

He was super....lol.

Maybe he can use his influence in the NHS to kick start some action. I continue to watch, while not holding.

Beau

hope you aren`t sniggering though beau?

lol, ah well more losses against future capital gains when it goes down.I can add them to MOI,Albert Fisher,Atlantic Telecom,WMG,Yorks.Group, and a few more bought in the heady days of easy money, still minus 40k over nearly ten years isn`t too bad, and half of it has been useful so far against CGT.
Lets hope I need more losses against huge gains for the next decade, well maybe my sprogs can use it.

LOL blinger

I'd be lying if I didn't chuckle a little. I saw TC in action at an EGM last year.....but hey, he may hold some influence here so I'll keep watching with interest. Could do with some new blood to dig my teeth into.

Best of luck in 2006. I'd certainly drink to heavy gains...if I ever see 'em...LOL. (Certainly not in Tad...the biggest loser of the decade).

Beau

Aye, the fat cats get fatter daily, some of the salaries are mind-boggling, back in the eighties we used to reckon that 3/4X the av. wage was pretty good director remuneration for the time,( and we were all 4 shareholders in a private co. too) now its more like 10X, and for what?

Guid New Year to you anyway

Just read Caplins notes to the Interim results, does he seriously believe that sourcing bits and pieces in China is going to bail Diffusion (=ETQ's only real trading arm) out. Sourcing from China will mean a significant rise in commitment to stock (= cash tied up) and, if it works in the very short term, the competition will follow suit, in fact, the Chinese suppliers will approach them , I know as I have experienced this problem. It seems that Caplin is unprepared (as was Thompson) to address the root cause of ETQ's problems, namely, the incompetant management that costs a great deal and delivers nothing but losses. Unless ETQ are prepared to realise that sourcing from China is absolutely no substitute for building a really competant Top Management structure and then recruiting the dynamic people to staff it then my advice is to put your money on the Favourite in the first race at Newmarket - losing your money will be rather less protracted but more enjoyable (if losing money is ever enjoyable). Certainly any gain will be on a significant multiplier to anything ETQ might bring. Happy and prosperous New Year to you all

With everyone running for the door maybe this is worth a look at, even though it is high risk. Maybe the stake that the Tchenquiz brothers have acts as some form of insurance policy against a 'complete lights out'; so the main risk may be further dilution. The businesses ETQ plans to retain probably do have value and potential in the medium term. Interested in other's views on this. I am under no illusions that this is a high risk stock.

Sharesure
"I am under no illusions that this is a high risk stock".

make sure you remember that and let the others do the running for you.