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Results: EDEN

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Eden Research – the TerpeneTech accounts debacle continues, cash crisis by St Valentine's Day

After 27 years of making losses, lying to investors and engaging in the odd fraud, the laughs continue at Eden Research’s (EDEN). Its 29.9% owned associate TerpeneTech Limited - with which it did a stunning Panama Pump fraud on more than one occasion - still hasn’t managed to file its statutory accounts for the year ended 31 December 2021 which were due on 30 September 2022. As an associate of Eden, Eden is presumed to exercise some degree of influence over TerpeneTech.

Horseface joins Eden – a proven failure joins a proven fraud again running out of other folks’ cash

It is a marriage made in heaven. A long, long time ago Richard Horsman had some real success with a company called Cybit. But rather like a soccer player who once played for a Premier League club but now plies his trade with a series of Tier 4 and National League outfits, those glory days are well gone and more recent failures spring to mind.

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