EDE 0.00% 0.2¢ eden innovations ltd

Spend $300,000 and the Sydney go boom boom

  1. 949 Posts.
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    This is Mr Lincoln Augustus, first second cousin of Holymagimon.

    So the Eden company has $6,200,000 from February placement and tentatively $1,900,000 from Tasman exercising Eden. Then add in about $4,000,000 from sales and that makes about $12,000,000. Company has probably spentt a little bit here and there, still lots left.

    Lot of money to spend and family is wondering which way it will be going out.

    Expediting US sales?

    Bringing Edenplast to market?

    Expanding Edencrete penetration into newer markets?

    Family been pondering this over the Red Stripes and the Jamicca Numba One from dinner till now. It is early now, half moon, cool breeze, 3 am on a nice Monday morning at the beach here. All good, all well.

    So we been talking and not much to say except that Baboo Runchik has been suggesting that best spending of money for multiple bangs now would be to be testing the Sydney market. That Mister Pointydextermon has been telling the story of all the infrastructure going on in that town in Austria, maybe $50,000,000,000 or $60,000,000,000 money being spent.

    Uncle Tobias been calculating that maybe $300,000 or $400,000 should be more than enough to start making serious inroads for Edencrete into Sydney market, no problem. Money well spent, potential returns far outweigh the risk. That’s what them magic jiggery sticks been telling Holymagimon and they have never been wrong.

    Maybe leave the rest of the money for one big slap- up feed for shareholders at 2018 AGM, all Red Stripes and Jamicca Numba One Spejil on the house from family, keep all the brobros and sisters happy no end.

    Blessing of the Lord
    MLA Esq.
 
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