Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-103

As a long term holder of EDE, and like many others, I intensely regret not selling out years ago. But I'm sure many long termers only hang on because our holdings are now worth so little there's no point in selling. EDE has a long history of wildly inflated projected sales figures that don't materialise, and keeping itself alive by the usual means of issuing more shares. EDE's "super sales staff" come and go, at high salaries, but there's one constant: the Solomon brothers. I've long known that I should never get involved with any stocks involving the Solomon brothers, sad but true. But isn't it comforting to know that they still receive Director's Fees, Superannuation, Management Fees and Legal Fees lol.