Ann: Trading Halt, page-163

Hi nursery,

You have shown for many many years on this forum that you are very capable of making intelligent judgements about matters EDE related. Therefore, you are certainly not riff-raff, not in my opinion at least.

You have simply lost all faith in GS, which is very understandable given his history of the last 5 years. Indeed, my patience has also been sorely tested by GS over this same time frame i.e. GS's original strategy and handling of the roll-out of EdenCrete was extremely poor and showed a complete lack of knowledge about US DOT's, US concrete contractors, the US admixture industry, as well the US infrastructure and construction markets. The approval for EdenCrete in Australia (which is still outstanding) is also an example of his poor attention to detail. Fortunately, on a "learning by doing" basis, he seems to have now turned EDE and EdenCrete fortunes around. With regard to the current significant turnaround in OptiBlend's fortunes, this is almost entirely due to a dramatic change of course by the Indian Government, which could end up being a huge bonus for both EDE and its shareholders.

There is only one difference between you and me right now: You have finally lost all faith in GS and EDE due to GS's very recent signing of the Long State A$7.2 million finance facility agreement, as well as last week's major A$7 million EDE private share placement, which you call "a payday lender finance and a discounted offer to friends". You therefore see both these major events in EDE's history as a "game over" type of moment. From my perspective, both of these major events, as well as the very recent, hugely significant and extremely successful 3 year EdenCrete trial in Denver, have together almost completely restored my faith in GS& EDE. I therefore suddenly see EDE in a "game on" moment, i.e. IMVHO, this is an entirely new beginning for EDE (& TAS).

As you said in one of your earlier posts "time will tell".

Cheers.