00 an ounce."
As reported
in a press release issued on September 25, 2005, Eden
Bioscience elected to seek a transfer to the
Capital Market because its
common stock does not meet Nasdaq's minimum $1. These responses enhance
overall plant health,
improve plant vigor and stamina, and result in improved crop quality,
yield
, and/or shelf life. In some cases, you can
identify forward-looking statements by terminology such
as "may," "will,"
"should," "expect," "plan," "intend," "anticipate," "believe," "estimate,"
"predict," "potential" or "continue," the negative of these terms or other
terminology.
factsheets mold
Our
products
are based on naturally occurring proteins called "harpins," which
activate a plant's intrinsic ability
to protect itself through growth and
stress-defense responses.mold cigars
Not much different than the uphill
fight Itronics has
faced. Forward-looking statements are based on the opinions and
estimates
of management at the time the statements are made and are subject
to certain risks and uncertainties
that could cause actual results to
differ materially from those anticipated in the forward-looking
statements.fairly grading
fusarium cultivation
Last month
AXcess News interviewed Whitney, pegging Itronics as "The Silver Baron of
Envrio-Ag" in a story about the company's silver production.00 for a
minimum of ten consecutive
trading days within the additional
180-calendar-day grace period. After transfer to the Capital
Market, Eden
Bioscience will not be eligible to relist its common stock on The Nasdaq
National
Market until its common stock maintains a minimum bid price of
$5.spot cultivation
But Itronics isn't alone
in creeping up on new ag markets. While Itronics has not released details, it
too is expecting a
growth year in those markets where its GOLD'n GRO liquid
fertilizer has been approved -- and now
their plant capacity can handle it. Our headquarters are at 3830 Monte Villa Parkway,
Suite 100,
Bothell, WA 98021-7266, 425-806-7300; www.
Forward-Looking Statement: Certain statements contained
in this press
release may be "forward-looking statements" within the meaning of the
Private Securities
Litigation Reform Act of 1995.aging plantation
AXcess News just released a story on the enviro-ag
industry
, covering two companies on both sides of the spectrum that are
making moves into new agricultural
markets. One, Itronics, which makes
liquid bulk fertilizer out of recycled photochemicals and the
other,
Monsanto, which just got USDA approval on a second-generation
bioInsecticide.
Earlier
this week enviro-ag company, Itronics, Inc. (OTC BB: ITRO),
announced that it more than doubled the
capacity of its photochemical
processing plant in North Reno, highlighting the company's silver
processing
and production of its five-ounce silver bars made from those
liquid's concentrates.
Factors that
could affect the Company's actual results include, among
others, the Company's inability to meet
Nasdaq's minimum bid price
requirement for continued listing within the applicable grace period,
unsuccessful development and commercialization of our products; inability
to develop adequate
sales and marketing capabilities; history of losses and
expectation that losses will continue; unsuccessful
research in specific
target crops; economic conditions in agriculture; and unfavorable weather
conditions
.fairly breakdowns
Itronics said that it would double production of silver, moving up to as
many as 60,000 troy
ounces verses 20,000 last year. In that story
we noted that much of the inventory (silver) Itronics
had was in the form
of bulk photochemicals it stored for manufacturing its GOLD'n GRO brand of
liquid
fertilizers. Now, Itronics sees itself poised to
fulfill that demand after having gotten approval
last year in over seven
new markets, bringing the total to 10 states. Monsanto just
announced
a second-generation bioInsecticide getting approved by the USDA
the day before it announced record
profits for the quarter.00 per share bid price
requirement for continued listing on the National
Market.daly crop
Another factor was the
slow time it took to get farmers to warm to a new form of fertilizer
that
could improve production yields.edenbio.usda factsheets
PRESS RELEASE Banner Year for Enviro-Ag Industry
John Whitney, Itronics President, was quoted as saying, "This increase
in photochemical processing
and silver recovery capacity is necessary to
support expanding sales of GOLD'n GRO chelated liquid
multinutrient
fertilizers. On
April 5, 2005, the Company received a delisting warning letter
from Nasdaq
notifying the Company that it did not meet the minimum bid price
requirement. By
transferring to the Capital Market, the Company has been granted an
additional 180-calender-day
grace period, or until March 31, 2006, in which
to regain compliance with the $1.
To regain
compliance with the minimum bid price requirement, the closing
bid price of the Company's common
stock must remain above $1.com. More information about these and other factors that
potentially
could affect the Company's financial results is included in
Eden Bioscience's most recent annual
report on Form 10-K and in its other
public filings filed with the Securities and Exchange Commission
.cigarettes usda
Dr."
AXcess News
While most readers following Itronics made note of the silver. The Company's common stock will continue
to be traded
under the symbol "EDEN.00 bid price requirement.00 per share for 90 consecutive trading
days and the Company otherwise
complies with the initial listing requirements of the National Market
.havana wilt
About Eden Bioscience
Eden Bioscience is a plant technology company focused on developing
,
manufacturing and marketing innovative, natural protein-based products for
agriculture.fusarium cigarettes
We believe
that our technology and products provide growers
with new tools to improve crop production and plant
protection.crops curing
Eden Bioscience
undertakes no obligation to update any forward-looking statements.
havana spot
grading cigarettes
At the time, Whitney was tight-lipped and would not indicate where his
company was heading
in 2006.shank spot
Eden Bioscience Corporation (NASDAQ: EDEN) today
announced that the listing of its
common stock will be transferred to The
Nasdaq Capital Market, effective at the opening of business
on
October 10, 2005.factsheets crop
Readers
are cautioned not to place undue reliance upon these forward-looking
statements that speak only as to the date of this release.factsheets spot
What AXcess News lauded over was the fact
that it
bought the raw materials when silver was below $7.aging growers
fusarium mold
Last year, AXcess News said that
Itronics was on a path to expand its
fertilizer markets and that eventually the company would get
EPA approval
on its labeling in order to sell in those states.cigars aging
Monsanto only expects a 40
million-acre market penetration this year, which
is small numbers for Monsanto.PRESS RELEASE Eden
Bioscience Announces Transfer to The Nasdaq Capital Market
cigars plantation
That comes in the form of test crops
and
from there, sales slowly develop.
daly farming
Nasdaq provided Eden Bioscience with a grace period
of 180
calendar days, or until October 3, 2005, to regain compliance.grading cigarettes
But we
missed the reason
entirely as to why Itronics was sitting on such a large
stockpile of photochemicals -- bulk fertilizer
sales in 2006.
For Monsanto, USDA approval of a second-generation bioinsecticide is a
milestone
in its fight to get hybrid seeds readily accepted by commercial
farmers who have shunned newer seed
technologies over fears of mutations of
crops or worse.curing mold
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