The whole transcript of the interview is in his Eureka Report.
The introduction does not sound rosy:
Gregory Solomon is the Executive Chairman of Eden Innovations, which has been on the lists for about 15 years and it’s got a couple of products. Started off with hydrogen, that didn’t really work out, so now it’s got two key products, one is a bit of hardware called OptiBlend which allows LNG to be mixed with diesel in diesel engines. They’re selling it mainly in generators at the moment, possibly trucks later, but generators at the moment. Their second product is a carbon nanotube additive to concrete to replace some of the cement and look, it’s a speculative thing and the shares are 2 cents, the market cap is $50 million.They’ve got $2 million dollars in the bank, they’re burning about $450,000 dollars a month, so they’re close to running out of money, they need to raise some cash fairly fast. Hopefully they do, but if they don’t, they’re buggered. Greg Solomon, as you’d expect, is pretty confident they will raise money and not entirely sure where from but with 2 cents on the share price it’s difficult.
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