Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-37

@donnybrook
I get your point.
Outside observation from the start and small research led me to believe how tough the industry for additive was to enter the way they were doing it was inconsistent as they tried multiple options - many expensive and IMO taking incorrect directions . . Their seeming inability to find a niche that was scalable and profitable to expand from highlighted this and confirmed my belief and the fact no "offer" to lic product from a major or outright bid on whole company on a AU$10 mill market value company says something.

Yes mistakes and hindsight you say but as you are aware I have been mentioning these possible pitfalls and problems with strategy etc live as they happen or a looooong time and highlighting risk of some actions to shareholders.

The company "surviving" might be a good thing for those on wages and those who can at any point increase their equity or exercise options , add options , receive service fees via other entity etc but that doesn't add up for a retail investor IMO

Look I hope it turns around to be a viable business but surviving may be seen as OK so you don't write your investment off but reality is you may just be a shareholder in a company funding its outgoings for / or not for along time without a return.

Odd shareholders are invested in a additive company and reality is they they been USA passive realestate punter instead and market timing may allow escape from that crunch.

Simply I don't know many companies that are cash short that buy premises ( when they could lease) before they have a viable business .

All the management and world circumstance excuses in the world don't add up when you are paying top $ for people and they pay top $ for managers to concentrate on your management and investment and there is a IMO poor result ? Financial consequences to shareholders but top the managers? Top managers and executives are paid to perceive in their specialist markets and have knowledge to avoid the pitfalls but EDE seems to have continued to have "weird" partners and agreements appear at unusual important times and ultimately fade away?

See how it all turns out but hasn't been pretty
Ultimately holders have to decide if the product is any good, at what price can be sold and if there is volume to sustain a business or if there is a natural buyer for " technology" and if they will pay for it. Lic it out if it is worthwhile and stop pissing $ in a industry that requires scale and do it before a different technology takes any market advantage you perceive you have off the table. Then the only cost is an accounts clerk to manage the accounting for any lic income not a listed structure?