EDE 33.3% 0.2¢ eden innovations ltd

Ann: Fourth Quarter Activities Report, page-10

  1. 152 Posts.
    lightbulb Created with Sketch. 45
    Sales at end of last quarter(9mo) = $2186k
    Sales at end of FY = $2337, means sales for this quarter of $151k was only made up of Optiblend sales.
    With an estimated 4Q cash burn of almost $3mil we've still got a long road ahead of us, and I smell the chance of a Christmas CR...(IMO)

    Not downramping, just the numbers as I read them. I like many really, really want to see this stock and its tech succeed, but wanting something doesn't mean it's going to happen. All good news in the pipeline though, so hopefully the next 6-12 months could see us start the cliimb out of the valley of death, although I wouldn't put money on making first profit for another 18-24 months yet.
 
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