what has changed?

What has changed since I posted this:

"Question 1. Does the company have sufficient capital to see it through the immediate financing needs?.
I think it has. They sold off part of the business to have sufficient finance available.

Question 2. Does the company have technology that will be develloped in the short term?.
I suggest that it has.

Question 3. Is there a ready or developing market for its product.
There appears a market will be there because of the move to more enviromentally acceptable fuels and the run down in available oil.

Question 4. Does it have an associaion/associations with reliable and successful businesses.
I suggest it has.

Question 5. Is the company up with the market leaders develloping these types of fuel.
Evidence suggests EDE is up with the leaders.

Question 6. Will the company be making income earning sales in the next 12 to 18 months.
Company announcements indicate that this should happen.

Question 7. Is the stock undervalued.
I believe that it is way undervalued after checking the company fundamentals"

What has changed?.Nothing to the fundamentals but the SP continues to stay down and allow new entrants a discounted entry and others to accumulate. For this to happen there must be sellers that have given up on getting value for their EDE holdings.

I'm happy with the situation in so far as the companies efforts to proceed to commercialisation. I do not expect them to build Rome in a day.I just hope they don't take forever. Patience is needed and I'm sure that my patience with EDE will be rewarded in the not too distant future. I will certainly hold and slowly accumulate while waiting. I'll add another question;

Question 8. Does the company have more projects with potential than just Hythane.
Yes, quite a few. In my opinion some of these alone would justify the EDE SP on their own.