EDE 0.00% 0.2¢ eden innovations ltd

Ann: EdenCrete - GDOT Sales and Marketing Update, page-26

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    Wrong. The FWHA has allowed proprietary products since 2019.

    EDE is not winning open tenders. GDOT is using a loophole to provide more government subsidies in the form of trials.


    Construction Program Guide

    Patented and Proprietary Products

    On September 27, 2019, FHWA issued a final rule in the Federal Register rescinding the long-standing regulatory provisions for patented or proprietary products in 23 CFR 635.411(a)-(e). This rule provides greater flexibility and encourages innovation in the selection of proprietary or patented materials. It eliminates the requirements limiting the use of Federal funds in paying for patented or proprietary materials, specifications, or processes. In the final rule,

    https://www.fhwa.dot.gov/construction/cqit/propriet.cfm


    Edencrete has made almost zero progress outside the home markets of Georgia and Colorado. They just happen to be the only states that have EDE employees.

    This announcement is softening up the punters for another dismal result and another cash raise.
    Last edited by PigsMightFly: 26/07/21
 
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