Eden Innovations Ltd V.EDE

Primary Symbol: EDEYF

Building Materials Building Materials

Eden Innovations Ltd produces and sells a high-performance concrete admixture, EdenCrete and retrofit dual fuel technology, OptiBlend developed for diesel generator sets. Its segments include Eden Innovations LLC and Eden Innovations India Pvt Ltd. Eden Innovations LLC segment includes EdenCrete sales and development and Optiblend sales, service, and manufacturing in United States. Eden Innovations India Pvt Ltd segment includes Optiblend sales, service, and manufacturing in India. The Company’s innovations include EdenCrete, OptiBlend, EdenPlast, and Other Technologies. Its EdenCrete is a carbon nanotube enriched admixture for concrete that improves tensile and flexural strength. Its OptiBlend technology allows a conventional diesel engine to run natural gas as its primary fuel without modifying the engine or the current diesel fuel system. Its EdenPlast is a CNT enriched polypropylene tape. Its other technologies are Pyrolysis Project and Hythane.

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Eden Innovations Ltd > Is EDE just about self financing on today's news?

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Comment by jamesiebabieon Jan 15, 2014 7:32am

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Post# 22092645

RE:RE:Is EDE just about self financing on today's news?

Another posters take on the situation.

XXXX...as it stands I think we'll be pulling in $450,000 net just from the known 4 producing wells on Primate.

175 for the latest 3, plus 125bopd for the first well = 300bopdx$50x30 days/month = $450,000 netback

add the other producing assets, we're probably doing at least $600k per month in net revenues.

add the 5th Primate well at only 50bopd adds another $75,000 pcm, so c. $675k net revenue by the end of this month and steadily increasing towards the $1mln over the next few months...

aimvho

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