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 THE COMPANY
Edgewater Foods International Inc., ("the Company" and/or "Edgewater Foods") is a Nevada Corporation and is the parent company of Island Scallops Ltd. ("ISL"), a Vancouver Island aquaculture company. ISL was established in 1989 and for over 15 years has successfully operated a scallop farming and marine hatchery business. ISL is dedicated to the farming, processing and marketing of high quality, high value marine species: scallops and sablefish.
Scallop farming is relatively new to North America and ISL is the only producer of both live-farmed Pacific scallops and live sablefish (or blackcod). Given ISL's unique hatchery technology and extensive research and development, there is no existing competition for these marine species. ISL is committed to rapidly expanding production and profits while continuing to finance the aggressive growth of the company and maintaining a healthy respect for the marine environment.
Company History
Edgewater Foods acquired ISL in June 2005 through a non-taxable merger. ISL was established in 1989 to commercialize Canadian government research on scallop aquaculture. ISL's hatchery operations have diversified to produce other species of shellfish such as mussels, clams, geoducks and oysters. ISL has also investigated the culture of halibut, spot prawn, sea urchin and abalone. ISL is the first hatchery to successfully produce sablefish juveniles for commercial grow-out.
Currently, ISL's primary products are farmed scallops for sale in the west coast of North America and shellfish seed for local growers. ISL offers a variety of other products and services to the industry including aquaculture equipment, consulting, research and development, and custom processing and marketing. Internationally, ISL has collaborated with both Japanese and Moroccan fisheries interests.
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