EDE - Eden Innovations

[greggles]

Eden Innovations up 20.41% to 5.9c this morning after announcing that EdenCrete® has been selected for use in its first highway repair project in Georgia that is to be jointly funded by the Federal Highway Administration and the Georgia Department of Transportation. The project involves the replacement of 10,500 cubic yards of concrete pavement along 11 miles of the Interstate Highway I-16 in Twiggs County, Georgia.

Another false start for EDE? It's hard to get excited about this company when looking at its chart over the last 18 months. The good announcements will need to keep coming for EDE to gain any real traction.

 

[jbocker]

Eden Innovations up 20.41% to 5.9c this morning after announcing that EdenCrete® has been selected for use in its first highway repair project in Georgia that is to be jointly funded by the Federal Highway Administration and the Georgia Department of Transportation. The project involves the replacement of 10,500 cubic yards of concrete pavement along 11 miles of the Interstate Highway I-16 in Twiggs County, Georgia.

Another false start for EDE? It's hard to get excited about this company when looking at its chart over the last 18 months. The good announcements will need to keep coming for EDE to gain any real traction.

Agree. Good to see it being used on a Federally funded project. This may circumvent the slow state by state approval process, I think it will at least gets reviewed on a broader (national?) basis.
I am looking forward to the Korea involvement, if it gets accepted there I would hope its uptake will be far more quicker.

 

[basilio]

"Someone" has removed the floor from EDEN Innovations. Fallen to 4.3c today. Over 12%. I think there needs to some questions asked but I suspect the answer is blowing in the wind.

Just about milked dry I reckon. Will be interesting to see who ends up buying the carcass. I'd have money on the Soomon Brothers picking it up for the Directors Fees they are owed on their highly focused profit maximisation course.
Ce La Vie

 

[basilio]

Eden up 35% !!!

Yes indeed. They (re)announced the Federally funded highway repair project today and managed to bounce the SP from .035c to .049c. Somehow a few bunnies didn't realise this project has been factored into the SP a month ago.

The repair job is worth $500k - gross.

 

[basilio]

Last 3 days has seen strong support for EDE . Jumped from .44 to .71. currently - more than 50% increase
No announcements as usual.

Something might be in the offing. Or t is just another ramp to persuade punters it is not a dead parrot.

 

[barney]

High of $0.082 but starting to drop as I type ..... Big Volume …. 1st bounce of the lows is often a fakeout so it will be interesting to see where it heads from here.

 

[Garpal Gumnut]

Well done so far in the comp with EDE jb. Let's hope it continues it's upward course.

gg

 

[jbocker]

Thanks GG. But this stock has been known to jump and drop out before, end of month is a long way away.
I am hoping the testing being done with Korea, which I guess will support previous positive results, will lead to much quicker uptake / acceptance than has been the case in the US. But I guess it needs to prove itself over a substantial period of time. I always thought the additive may prove to be a gamechanger, and if it is Korea might be the place where that may be proven.

I could be wrong here but I thought the carbon nanotubes was a biproduct discovery in a process to make cheap hydrogen. I assumed to use the hydrogen as a pure energy source and in Hythane. But I admit I don't think I have seen any text about that, and certainly nothing regarding the hydrogen produced.

 

[Garpal Gumnut]

Thanks GG. But this stock has been known to jump and drop out before, end of month is a long way away.
I am hoping the testing being done with Korea, which I guess will support previous positive results, will lead to much quicker uptake / acceptance than has been the case in the US. But I guess it needs to prove itself over a substantial period of time. I always thought the additive may prove to be a gamechanger, and if it is Korea might be the place where that may be proven.

I could be wrong here but I thought the carbon nanotubes was a biproduct discovery in a process to make cheap hydrogen. I assumed to use the hydrogen as a pure energy source and in Hythane. But I admit I don't think I have seen any text about that, and certainly nothing regarding the hydrogen produced.

Thanks for the background on EDE.

I had a close look at the trading history today on TAS who I believe hold a substantial minority in EDE.

I can't see how anyone made a significant profit on the day as there were many cross trades and smaller trades moving the price up.

I'm still barracking for you but wary.

Perhaps a t/o is on the go.

gg

 

[basilio]

Still rising steeply. Currently at .083c.
The official explanation offered little new information. On past performance it may be the case that the new interest gets translated into another capital raising opportunity. They are nowhere near cash positive and they have now brought on new sales staff and infrastructure.

A possible Take over? Maybe. But it could only be done with the support of the Solomon Brothers. At the moment it just looks like an opportunity to chase some short term profits and hope to get out in time.

 

[HelloU]

Well done so far in the comp with EDE jb. Let's hope it continues it's upward course.

gg

for the sake of the competition I have a different view ......... but for the sake of the forum I have a different view to that view ......... but that entry did not meet competition rules.

 

[jbocker]

for the sake of the competition I have a different view ......... but for the sake of the forum I have a different view to that view ......... but that entry did not meet competition rules.

?? and how does that entry not comply with the rules. It was my pick by the way.

 

[HelloU]

...

 

[jbocker]

Further to my earlier mention of Hydrogen produced in the Pyrolysis process (that created carbon nanotubes and nanofibres…)
http://edeninnovations.com/innovations/
"Low-cost hydrogen production without the production of carbon dioxide as a by-product that could help facilitate the more rapid spread of both hydrogen as a vehicle fuel and also Eden’s Hythane™ technology as an ultra-clean, highly efficient premium blend of hydrogen and natural gas that it is marketing in India and USA"

I heard today on radio..
The Hydrogen Strategy Group, chaired by Australia’s Chief Scientist Dr Alan Finkel, has today released a briefing paper on the potential domestic and export opportunities of a hydrogen industry in Australia.
https://www.chiefscientist.gov.au/2018/08/briefing-paper-hydrogen-for-australias-future/
(I have not read)

My thoughts immediately were around how much hydrogen is produced by the pyrolysis process and at what cost. Does the value of the outputs Hydrogen, carbon nanofibers / carbon nanotubes, with no CO2 produced (has a huge environmental value) far greater than the inputs (natural gas and catalysts)?

I will send a note to Eden Innovations asking the same.

 

[barney]

?? and how does that entry not comply with the rules. It was my pick by the way.

I had to read "Hellos" post a couple of times as well … I like posts that are mini puzzles

It was actually quite cleverly written and humorous ….. That's how I took it anyway. I assume you guys sorted that out via PM

 

[basilio]

EDE still powering on. Broke .10 and currently .98.
No explanation of why the sudden interest beyond saying that they are more advanced than ever before and the SP is lower than a year ago.
Just a thought. Would it be possible for someone to begin serious buying of EDE and thus start and continue a run (with further buying) as a prelude to a capital raising ? My thoughts have been that despite the product improvements EDE is nowhere near break even and with new staff is going out backwards at an even faster pace. A capital raising would be necesssary but a couple ofweeks ago that would have been almost impossible to sell and would have raised little interest. The current SP surge should change that equation.
Thoughts ?

 

[Garpal Gumnut]

EDE still powering on. Broke .10 and currently .98.
No explanation of why the sudden interest beyond saying that they are more advanced than ever before and the SP is lower than a year ago.
Just a thought. Would it be possible for someone to begin serious buying of EDE and thus start and continue a run (with further buying) as a prelude to a capital raising ? My thoughts have been that despite the product improvements EDE is nowhere near break even and with new staff is going out backwards at an even faster pace. A capital raising would be necesssary but a couple ofweeks ago that would have been almost impossible to sell and would have raised little interest. The current SP surge should change that equation.
Thoughts ?

It is very difficult to divine fundamental reasons for a share rise in a tiddler.

It's going up and good on anyone who stays with it and gets out at the max.

Go EDE Go.

gg

 

[basilio]

EDE still powering on. Currently .125 - 300% increase since Oct 3rd and 26% rise on the day !

No new news of course. Just a reiteration of all the things that havn't created interest in the past year.

The day punters must be making a packet. Out of interest is there any provision for the stock exchange to suspend shares when it rises steeply without any apparent material change in circumstance ?

 

[HelloU]

I had to read "Hellos" post a couple of times as well … I like posts that are mini puzzles

It was actually quite cleverly written and humorous ….. That's how I took it anyway. I assume you guys sorted that out via PM

All depends on what 'sorted' means.
Did not meet rule 3 for inclusion.
Three full trading days late to meet entry requirements.
Entrant acknowledges this.
Entry is still in the competition.
Not sure what the point of having rules is ...... if rules do not have to be met.

 

[Garpal Gumnut]

If you are feeling guilty I'll swap you for AFR. It's down 21+%.

Guilt after shame is one of the worst emotions.

Check with Joe.

gg