EDE 0.00% 0.2¢ eden innovations ltd

Ann: Syngas Gensets Development , page-3

  1. 2,435 Posts.
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    well ive taken up my rights, regardless of what their using the money for, they need the money to move forward and progress towards a cash flow positive company.
    looking back and comparing the company to where it was a few years ago when they sold off hyradix etc and was trading at 3-4c im comfortable knowing we are in a much better position now than we were then. the company has bought back the 45% of the csm/shale licences, the pyrolisis project was basically non existant back then and now we are just waiting for a potential market to open up, which will also open up doors to our hythane projects which back then were going nowhere anyway. add in the optiblend kits which are being sold and the product line expanded, im quite comfortable with holding.
    hopefully a lot of the rights are taken up and we can all put this la jolla mess behind us
 
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