Ann: Annual Report to shareholders, page-6

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30/09/21

16:25

Post #: 56473162
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Originally posted by Crystaltrade: ↑

Clearly states SPI construction partners, clearly states the West Virginia project is moving ahead.

Clearly certain elements on this forum are getting desperate in their attempts to FUD. Maybe they should be suspended for spamming aspersions, or at least apologise?

"SILENT PARTNER INTERNATIONAL AGREEMENT
Eden signed a long-term agreement (“the Agreement”)
under which Eden US agreed to sell in aggregate
US$48 million worth of EdenCrete®, and potentially
other products, over the next 8 years to Silent Partner
International, Inc. (“SPI”), a US company based in
Florida. The products will be used in the construction and
maintenance of a number of proposed facilities that SPI
plans to build in the USA and in other countries. There
is no minimum quantity of EdenCrete® that SPI must
purchase stipulated in the Agreement, and there are no
penalties if lesser quantities are purchased, but Eden
may terminate the Agreement. The first Facility is to be
constructed in West Virginia.
SPI has developed a proprietary design that is to be
used in the proposed facilities for mitigation of the
impact of a broad spectrum of radio frequency (“RF”)
interference and/or electromagnetic pulses (“EMP”)
that can result from natural occurrences such as solar
flares, or human generated causes such as nuclear
explosions (“the Purpose”). The proposed facilities will
be designed for energy generation coupled with one or
more of desalination, IT/data storage, aquaculture and/
or agri-tech (“the Facilities”). In addition to increasing the
strength and durability of the concrete, the EdenCrete®
and other products are to be included to help SPI achieve
the Purpose and mitigate the impact of RF interference
and EMP.
Over the past year, Eden has attended several meetings
reviewing certain aspects of the project with some of
the construction partners appointed by SPI for this
first project. Details of all the construction partners are
listed in the SPI website. Eden has been informed that
construction is planned to start later in 2021 but the
precise date is yet to be advised."

Expand

Let’s do one phantom at a time.

Please explain http://www.pvdmodular.com to us.

http://www.pvdmodular.com is who EDE won’t name. Why won’t EDE name pvdmodular in any announcements?

EDE Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
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