e.Digital Corporation (fka EDIG)

[Neverending]

If they have 3 licenses this current Q as they say then, based on the 75K they seemed to get for the 2 licenses in the last Q they will have 225K which is enough to cover the burn rate but not leave them with much. Of course some, maybe 40% of that take, goes to EDIGs lawyers so that might leave them short but I expect they will get a few more licenses this Q which might leave them ok and not have to raise money. I would expect them to concoct some "opportunity" to eventually sell those 50 million authorized but unissued shares they have. I still think they are FOS whatever play they come up with. Stuckholders are real gullible for those plays EDIG always seems to come up with so I would hold my shares and wait for the right timing when they are excited to sell for what ever I could get. I cant see the stock dropping because of this report because they did get some money coming in which will keep the eroded base of shareholder support holding.