EDE 0.00% 0.2¢ eden innovations ltd

Ann: Second Quarter Activities Report, page-34

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  1. 4,468 Posts.
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    Hi Rules,

    Fair point.

    I have slept on all this and to my mind, I would expect that GS is alert to the impact of the funding situation and in anticipation it could reasonably be expected that he has (as he indeed informed us at the agm) promoted the company via numerous presentations and has duly succeeded in securing appropriate funding via some form of agreement, I reckon. When we hear from him re such an arrangement is the open question, however it was telegraphed at the agm and is the strongest possibility imvho.

    Further, I have taken the view that we should consider that there is clear evidence that the company is indeed progressing on the basis of increased product evolution/diversification, international interest(s) and the obvious results of successful marketing across the US, in terms of recognition across an increasing number of the DOTs and private entities.

    Also, the company has achieved considerable retail and some broker interest, substantive support from the state of Georgia, pledges of orders in the pipeline across state boundaries and taken on an enlarged workforce to date; all of which is commensurate with a company in the early stages of market penetration in terms of the EdenCrete project, let alone EdenPlast or Optiblend.


    2018 has started with a flourish and promises to be anything but dull in this sector, particularly given the state of play on Capital Hill, which has considerable bearing of course upon the US concrete industry going forward.

    Cheers, esp.
    (aimvho, dyor and gltah).

 
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