EDE eden innovations ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-8

  1. 1,935 Posts.
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    hi CT, I never said anything about "tomorrow". I specifically mentioned mid May, which takes into account the "0.4 quarters" of cash left, and the loan mentioned. Keeping in mind the CR needs to be finalised before they run out of money, so even if they can last to the end of the quarter the CR would need to begin soonish. My guess mid May, maybe end May.

    this isn't fear or uncertainty, it's in black and white in the companies own report.

    increased sales are good, however the CR is specifically mentioned by the company, so it seems a reasonable question to me to begin asking what that CR looks like.

    IMO a share consolidation followed by further dilution seems the best answer.

    id be interested to know what MB49 thinks if he was still around. Do you still have his contact info?
 
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