EDE 25.0% 0.2¢ eden innovations ltd

Ann: Eden Signs Conditional Agreement to Sell UK , page-8

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    re: Ann: Eden Signs Conditional Agreement to ... Agree. i think this is very positive and really not a bad deal given this market. much better to to have shares (29%)in the UK company than cash (if we got cash it would be spent and not distributed). I hope in time that we will get an in-speccie distribution of SHALE UK shares though not before EDE has got themselves in a more stable commercial fotting with their other ventures. as docmin say, we'd be dead in the water shortly without this deal.
 
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