EDE 0.00% 0.2¢ eden innovations ltd

time to buy is now, page-66

  1. 2,904 Posts.
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    The commissioning is already factored in to the SP, what they need are some more sales.
    Sales to date:
    Sold $25,000 in December.
    Sold $100,000 in February.
    Sold $100,000 in April.

    Going at this rate, they didn't need to expand production, as they haven't even gotten close to selling the $2,000,000 worth of product from stage 1, let alone $50,000,000 from stage 2. The European and GDOT purchasers obviously haven't been beating the door down with follow-up sales.

    The Solomons have clearly been over-stating the potential. Again. Just because there is a market never meant EDE could reach that market. Well, the same thing happened with Hythane and OptiBlend, so I'm not entirely surprised - just disappointed.

    GLTA!
 
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