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

By Tom Winnifrith, the Sheriff of AIM | Wednesday 14 December 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

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.
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