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01/07/17

10:03

Post #: 25604478
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Originally posted by Beton2 ↑

Edencrete is fully aware that they will have copycats, they will have people that will rip them off, that there will be similar products achieving the same or close to results. They accept it as a fact of life. It was discussed at the last AGM.
Eden's position is the be the front runner in the biggest markets. In this case they are targeting US infrastructure. They would consider India next.
Once a large concrete supplier is set up using edencrete and have mix designs worked out, they are not going to chop and change to the new kid on the block.
You will find that once Georgia is up and running, deals like South Korea will pop up. But they will need to be in a good position to expand their capacity hence Georgia.
Edencrete would not keep up with world demand. But it will TRY.

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Maybe they could use the Coca Cola model and sell licences then just keep hauling in the royalties.

EDE Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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