It’s interesting that the cost of raw materials and consumables rose over 4x from $500k to $2.2m yet total sales rose just 35% in the same period. EdenCrete sales up just 17%.
US natural gas prices are up over 100% from 2019/2020 levels. Biden’s energy policy will send energy prices even higher, imv.
Why did EDE need a $500,000 short term loan when they disclosed they had enough cash until February? Who benefits? Who’s getting paid?
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