EDE 0.00% 0.2¢ eden innovations ltd

Ann: Non Renounceable Rights Issue Prospectus, page-54

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  1. 3,069 Posts.
    lightbulb Created with Sketch. 998
    Just spoke to Tacha at Parchem. Lots of interest being expressed here and in NZ, and stuff in the pipeline.They're waiting on another shipment. Covid, floods, have made it difficult to get things moving. At the moment, nothing is available in NSW. Shipping and transport delays not making it easy.
    My take out, is that promotion is woeful but even if it was going well, Parchem are nearly out of stock.
    The challenge is how to build up sales and have the stock on hand to supply demand.The eventual solution would be having an Australian pyrolysis unit going flat out.But...?
    Looks like the Planets have aligned in a terrible conjunction for the Company.
    My question is, if sales are sluggish due to slow demand,why aren't we cutting staff until things pick up? If we're not cutting staff because demand is sufficient to keep them employed,when are we going to see it reflected in the books?

    db

 
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