RE: No cash - Tiny revenue4 Jul 2023 12:48
Did anyone here, go to the AGM last week? Had you done so, you could have asked the cash question and got your answer. I am satisfied that cash is not a requirement, the same as everyone else at the AGM.
For the new investors that have recently come into Eden, possibly on the back of the Daily Mail article by Joanne Hart, I hope you have done your proper research and understood Eden and its immediate prospects, let alone longer term prospects.
If you have simply jumped in because she said it will go back to 19p, then as we wait, you have likely taken your profit, but then in my opinion, if you understood where the Company is in its commercial journey, you would likely recognise that today's price is still an excellent entry point.
Eden's prospects are phenomenal and those prospects are immediate (2023)
We await Californian regulatory approval of Mevalone whilst other states can already buy Mevalone from Eden post regulatory approval earlier this year. So this is US income generative now.
Many states in the US have given regulatory approval for Cedroz and so orders will be coming in for this too. Again, Eden is now US income generative for Cedroz
Mevalone is widely available elsewhere in the world generating income and Cedroz will too
Ecovelex, Eden's bird repellent seed is seeking emergency approval and the current incumbent is off sale January 2024 leaving Ecovelex as the option .
See Eden's commentary under the Corteva heading For Ecovelex in the following RNS https://polaris.brighterir.com/public/eden_research/news/rns/story/xlgkmpr
Awaiting appointment of a distributor this year for Eden's first insecticide. Read Eden's opinion on insecticide sales from the 2020 AGM Q & A https://www.edenresearch.com/_userfiles/pages/files/r2020/eden_research_agm_qa_final.pdf. I suspect this figure is much larger now. It was confirmed that Eden 'could' invoice for insecticide sales, this year (2023)
The read post 14544 from AttyG on this link from another BB. It sums up the AGM very well https://uk.advfn.com/cmn/fbb/thread.php3?id=27560896&from=14544