hi CT.
I've already said the increased sales is good news. I never mentioned the property sale falling through, not in this thread. I only referenced what the quarterly says, which is Eden will use the property sale to shore up their cash issues.
I did ask what happens if the sale doesn't proceed, it seems a fair question. That'll mean any capital raising will need to happen much sooner, and I wonder if Eden already have a plan for this. They need to plan for all eventualities, even if it's a low liklihood.
i only asked about MB49 because I think it was you (or maybe Evidence?) who stays in contact with him.
theres no FUD or hyena pack from me. The quarterly explicitly states they have 0.4 quarters of cash left, as of 31 March. So about two weeks remaining by Edens own maths.
i do wonder if Eden will pay off their loan or use the sale money to continue operations. the recent change of loan financier to Solomon controlled companies may mean that the intention is to use the money for cashflow purposes rather than paying off the loan.
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