Ann: EdenCrete Project - US Update, page-18

Hi riccus,

Here is my take on where we are at the moment and why the EDE SP and the TAS SP are definitely very undervalued:

Today was the first day that punters could sell the shares they received from the EDE RI. There seemed to be therefore a bit of light profit taking holding back the SP today after an initial flurry. This profit taking is pretty short sighted in light of the two very positive announcements that were received earlier today i.e.:

TAS placement: This is another big vote of confidence in EdenCrete, particularly coming straight after the WOC which means thing must have gone very well indeed! The EDE RI shortfall will no doubt be placed at a later date.

WOC announcement: all in all very positive. The ASTM tests and standards are of paramount importance and GS has finally confirmed this fact in this announcement. In particular the following statement really says it all to me and confirms that EdenCrete could very well be on the verge of really major success:

"Great interest was exhibited in the highly encouraging results received to date from the tests that are being undertaken by Eden Innovations in Colorado, to test EdenCreteTM in accordance with the standards and the procedures of ASTM C494 “S”. Many people expressed particular interest in the improvements in abrasion resistance, shrinkage and flexural strength".

Summing up, GS is doing exactly what I thought he would do due to the fact that he has his finger on the pulse and therefore has all information he needs to make savvy business decisions for EdenCrete. GS's behaviour and the tone in all the recent EdenCrete announcments show that he continues to be supremely confident about the chances of success for EdenCrete (probably even more so after the WOC!). This is in stark contrast to "normal" investors who obviously still have their doubts about EdenCrete, which is why the EDE SP is still having trouble rallying and is severely undervalued. This very much applies to the TAS SP which really should be trading above the EDE SP!

Basically everything is on track and it is hard to see EdenCrete not becoming a success now. For me it is a matter of just high the market penetration will be in 24 months. I am still betting that the SP will be at least 25 cents by then. If the ASTM approval, which should be through around December and if Colorado is indeed producing 2.4 million gallons of EdenCrete by September and if this total production amount is being completely sold, I see the SP above 10 cents very easily by the end of the year. In fact anything less than 10 cents would be a major disappointment.

Right now absolutely everything is falling into place and is right on schedule which is a great relief and a nice change. This is a very positive sign that EdenCrete may indeed be the next big thing since sliced bread! The next few months should be very exciting indeed!

Please DYOR!

Cheers!