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Sinkman...I received an e-mail from RP concerning the Cornice litigation...I was informed by him that they are also working with Seagate with their 1 inch drives as well... As far as your good feeling post is concerned...The year is now half over..not one new product has been put on sale...( not counting the short lived Gateway device with revenues as paultry as the Classic or B&O)...I would not hold my breath as to the myriad of new products they "EXPECT". I have personally expressed outrage to Putnam about being on the perpetual verge of BK....Only to reward a non performing Falk with more cheap shares and a surprise further dilution to shareholders....Shareholders need to put management on notice and a very short leash.... I wonder what they were thinking when the BOD rewarded Falk with in essence another bonus...Maybe...they thought that he would quit if they didn't...LOLOLOL... After all...Falk with his Ivy League education and his track record of closing deal after deal and making the company increasing revenues quarter after quarter...could get a job at almost any Mc Donalds on the west coast.....
HH
MIR...the continued pattern of managements compensation increases while the company is on the perpetual side of bankruptcy speaks for their personal ethics. While other companys on the ragged edge cut salaries and benefits...Falk and company continue to fleece shareholders. Shareholders should demand that the company reverse the raises and preks until justified.
HH
callme al...Dude...you are in total absolute denial about this company...take off the blinders...take a breath of air and ask yourself if I was in Falks position...would I do this to the shareholders??? An ethical person would not...that is all I am saying...the sucker goes back in...
HH
callmeal...how about more dilution???? How about more cheap stock options for Falk...How on earth can the bod justify giving that bumbling stuttering greedy man more cheap shares when he is personally responsible for making every single person invested in this company worth less and less each year. Falk is using edig as his personal blank check book... I would not mind rewarding him just one little bit ...IF HE WOULD MAKE THE COMPANY SOME MONEY...What's fair is fair... He should have been gone years ago...
HH
Just found this....June 27, 2004 - THE handheld IFE market continues to develop a head of steam, with General Dynamics and IMS announcing further details of product ranges designed to challenge the pioneering APS digEplayer.
General Dynamics plans to make its YES! Solo available from early next year. Described as the first and most portable member of a family of products, the handheld Solo is designed to offer passengers a choice of pre-loaded films, audio and Windows-based games. Powered by battery or GD's in-seat Empower, it has optional 10.4in and 8.4in XGA displays and an 80GB ruggedised hard drive. Weight with extended-life battery is 3lb.
IMS' PC notebook-based Pea (Personal Entertainment Appliance) may come in as many as three sizes: standard, mini and, possibly, premium. IMS says the variations are designed to accommodate varying airline requirements and have as much to do with the space available for the Pod docking station as with functionality and space at the seat. The standard and mini versions would be used either in all cabins or in economy only, while the premium would offer extra functionality for business and first-class.
The standard Pea will weigh 4.5lb and have a 10.5in XGA TFT screen, 40-60GB hard drive and in-seat or battery power, the latter offering up to 10hr of continuous use. Functions include MPEG-4 video, MP3 audio, embedded decryption and digital rights management, with optional 802.11b/g wireless connectivity and credit-card reader.
Weighing 3.5lb, mini-Pea will have an 8.9in XGA TFT touchscreen, 30-60GB hard drive, in-seat power or a battery allowing 9hr of continuous use, and functionality and options similar to those of the standard version.
Final specifications for the premium version are in development.
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seediecal...pretty much word for word...When RP said that to me...I about gave up hope for anything to happen...EXCEPT...the wholesale printing of millions and millions of shares...IMO...Falk is a bumbling stuttering inept person of dubious character who has made his fortune off the hard working shareholders that were his fiduciary duty to look after.I believe now...he is milking the shareholders for a good paycheck and a free car until the money runs out...Real cynical real pi$$ poor attitude I have here...But how can one dispute the fact that with FF at the helm....nothing but nothing has happened good at edig except for the baggage handler.. I would trade Falk for Boyer anyday ...At least Boyer knew when he needed someone with more experience and skill to close the deal...
Nobucks...I'm with Fred on that one...Putnam was telling about another ..oem to use the 0-1000 platform since the oem was announced last Sept. It seems that Falk just can't close the deals...When Collier left, I asked RP if a new person was comming on board to get some deals closed....His reply to me was .."that is reason Falk was hired"...I was gonna loose my lunch when he said that...Falks track record is the pits..
HH
FF...thanks/
FF... we better be in some of the new video products comming out...Falk/Putnam, unfortunately have been making positive statements to shareholders for years about great things just around the corner and not having anything pan out...Without the baggage handler with a good idea and some moxy, edig would probably be out of their misery by now...
HH
moxa...I'm with you on that....That is how RP answers questions...Although a plain and simple NO...we are not in that device would not voilate any NDA... And give shareholders a real sense of exactly what management is or is not doing. I feel that his answers are intended to mislead shareholders into believing that edig is inside more than they really are...Remember the old "what makes you believe we are not" statement alluding to involvement with a major OEM that never materialized ???? In my many conversations with Mr. Putnam, he has always talked about their oems as if there were myriads of them...
HH
Has anyone heard anything about the two convergance devices that Falk was touting six months ago... I know that these things take time...but these two deals seem to have gone the same way as counntless other statements from management... Lets see what they have to say in a few days....Thank you for your e-mail, Mark. Our Form 10K for the period ended March 31, 2004 is scheduled to be released later this month. We will be releasing information regarding our business and technology progress around the filing.
Best regards,
Robert Putnam
Senior Vice President
emit...The press release stating that they had applied for a NASDAQ listing and they believed that they qualified...The PR was released on 2/3/00..and at that time, they had not been over five dollars a share for thirty days..and did not have an independent financial person on the BOD...Therefore, they did not on that date meet the requirements for the NASDAQ listing. They or their legal counsel had to have known that. I even knew that and was surprised by the PR. They (Falk, Putnam, and Warden immediately sold their option shares (purchased for pennies) on 2-3-00 and 2-04-00 nettings millions of dollars for them in personal gains. EDIG did not meet the NASDAQ listing requirement until April when they issued a PR on 4-13-00 when they announced the appointment of Victor Ramsauer...It took over two months to meet the listing requirements after the initial listing PR. This information I believe is true...My personal opinion is that when they ( Falk and company) saw the rapid decline in the PPS after the fast pop to 24 bucks and prematurely issued the PR and sold into the strength it created. I was not really that worried at the time...I and many others believed that the PPS would in fact stay put until I converted all my shares into long term holdings to pay less taxes.... It did not take long after that to realize that Falk and company have not been totally honest to shareholders.
HH
FF..Not only were there plenty of official press releases that never came to fruition..But there was also the one about the MP2000 that was being shipped...when in fact..it was not..A bit of a lie I would say...The thing that still gets me the most irratated is the list on the companys clients/partners page..How many years does it take to close a deal with them.. I sure would love to take back all my previous statements that I have made about Falk and company...But with each passing month, or even each passing year. my feelings become more validated..
HH
FF...I too do not know how to perceive the silence...Other than a couple of new airlines signing on since Alaska...The only real news that has been released since the CES has been the Fusion deal...Probably no money comming in on that deal for at least six months other than some engineering fees. Falk himself has stated that last CES was the best ever for edig...And in his Dec. letter has also stated they are only persueing "HOME RUN DEALS"..Personally...I would like to know where all these home runs are....Heck I'll take a bunch of base hits (like the Fusion deal)...But...getting back to the silence...this reminds me of the six months leading into the 2002 SHM when the silence was actually because there was not one speck of good news to be had...But...in fact during that time period, with the help of Collier, Falk and friends almost put the company out of their misery by loosing millions.. while for the most part of that time period..Falk was actually giving guidance of a multi million dollar quarter.. My worry now is that with the PPS hanging at two bits and the daily volume avaraging less shares than I personally own also speaks on what is happening with edig...No matter how tight lipped people in the know are, and no matter how iron clad NDAs are....Someone always knows SOMETHING...There does not even seem to be mild accumulation at this point...
Mark
MacIsle...very nice and thank you...People here and especially on the Agoura board consider me to be a "basher" or trouble maker....But in fact, I am a large sharelolder who feels that edig management has on numerous occasions misled shareholders, and neglected their fiducary duty in order to enrich themselves or their "friendly investors" The two most serious that speak volumes of their character was when they were ( in my opinion...they still are) on the verge of BK..and decided to pay themselves cash bonuses while printing more stock to pay off debt...And when they sold millions of shares into the NASDAQ listing press release when in fact edig was never qualified with NASDAQ to even apply... Their long history of over promising and under delivering cannot be disputed by any rational thinking person...But my favorite part of your post was about people telling dissappointed shareholders to sell and move on is a cop out...Anyone who looks at my posting history knows of my disgust with edig's inept management...They have just about run out of money...And for those who prefer to deny that edig better come through with at least one HOME RUN...FAST...all will be lost..MacIsle...thank you again..
Mark
FF...Funny that you ask that...I asked the same question to RP just the other day...Unfortunately...I deleated his reply...but it went something like this....Thank you for your continued support ( my e-mail was not very politely worded )..We are close to closing a few deals on top of the already disclosed oems including further IFE deals...I believe that Falks bullshit statement of two or three new oems per quarter are once again insulting the intelligence of hard working shareholders or he is so inept...he believes his own statements.... He has to go...I do not understand how hardworking shareholders can fall for his BS year after year...I know that the longs that think that Falk is the salt of the earth will get bent out of shape by my personal opinion of him...and attempt to belittle me... But the truth is that Falk has not produced enough to justify his position over the last four years...everybody knows it...but some are in denial....
HH
Orygun..It would be awesome....But...think of the implications if we are not involved with TI !!!! It would mean that the micro OS would not be needed for the very reasons that edig management has been touting the tech for the last few years...The scary part about it is that the PPS has been stuck at two bits and the volume has been pathetic. IMO...you cannot keep something like this under wraps...These factors do not bode well for good news...I hope that I am wrong....BUT edig management has had a long and distinguished history of letting shareholders down..
HH
FF...I have met both of them...I believe them to be inept management...Selling shares to pay off debt while giving themselves cash bonuses only validates the fact that they are in it for them and thier friends...Going for six months without closing and announcing any deals that bring in much needed revenue for the short term just stinks... I am going to try and visit with them again soon, and will compile a large list of serious questions that I will ask them to their face...Talk soon...am taking my girl out on the town tonight...
Mark
FF...I hope that you are wrong about B&O being the multi billion OEM that will be licensing the mos core. The dough will be paultry once again from them. A portal player or TI deal is what is needed. It is now about half a year since Falk told his shareholders that they have so much going for them, and they are only going after " HOME RUN" deals... Let me see... what has been said by the company in the last six months?? A few webcasts and letters to shareholders telling them how great things are happening..To me... I'm sick of them..What else..Alaska airlines bought 650 more Digeplayers..and KLM and Jetsgo are buying digeplayers with no official PR announcing the sale...ergo...very little money to be earned from IFE in six months... Nothing from TGE or Musical yet... The "home run" deal with Fusion probably will not see product for sale until next year....In a recent e-mail to me from Putnam...a date for the BA with F-10 has not even been set..UH...what else... the only product besides the digeplayer that edig was selling...The Gateway player is now history... I also wonder where the other players from the same secret mfgr. of the Gateway player are...Falk has alluded to this several times.. This years CES...according to Falk was the best ever...no more cold calls to obtain business... I do not know how they are paying their bills...selling tons of shares to friendly investors...who seem to be attempting to trade their shares on the Berlin exchange....It is way past time for management to go away...Falk and Putnam already have made their millions selling shares into the NASDAQ listing hype...when they did not even have required personal on the BOD to qualify for the listing....
HH
FF...I'm with you on that one...Although any news is good to get...This latest news is hardly the "HOME RUN" kind of deal that Falk was speaking of...Perhaps he is in the T ball league. I want to see a home run soon or see him gone... He has had plenty of at bats...
HH
FF.. you have to remember just how RP/FF said that this will be a good year....The exact wording of that statement includes the infamous "expect" word.... Although... I would not be miffed at all if they finally pulled it off...
HH
FF...IMO it is because they did not sell many of them...no marketing to speak of either.. Thats how you sell the damn thing..Look at the constant barrage of Ipod marketing..It is of the highest quality... I am sure that the Ipod is an exelent device.. BUT it is all about marketing... Just look at how the record labels crammed rap music down the throats of the kids.. Marketing works..no marketing means obscurity.
HH
FF..when Falk said that about Gateway and others ramping up their marketing.. He could have been honest about it...maybe...could have...possibly..probably not...HOWEVER..the guy who is controlling e-machines is probably ruthless in his drive for success. I can't think like they do. I was really bent at Falk when the F-10 project was put on hold... But I actually got a bit (not much) of respect for him for not rolling over when F-10 backed out of the contract. I checked out the Gateway player..It was nice...I only heard of a few people who had problems with it. I heard that the Dell player had a high return rate...After all this...I am not sticking up for Falk..I still believe that he needs to be replaced..
HH
emit...I hope you are correct..I tend to agree with you on the size aspect... 500-1000 songs are plenty for me..
HH
philo... It just does not change...Year after year...Always news around the corner..never to materialize... Products cannot seem to be sold for any length of time ( Treo, Odyssey, Gateway ) or small initial orders do not seem to get any reorders of revenue producing substance (Softeq, Digeplayer).. I am really not much of a business man...but in my line of work...If you cannot produce results in your job...you are replaced.. Falk needs to go...Shareholders gave him year after year to at least break even once. One of things that I ponder these days was Falks comments after the CES.. Something like..It was the best CES for edig ever... That was almost five months ago.... Not one new OEM or contract comming from the best CES ever.
HH
Reply from RP concerning Gateway..It sounds like they dropped the player...Thank you for your e-mail, Mark. We are expecting more information regarding this from their new management team.
Best regards,
Robert Putnam
Senior Vice President
FF...received this from Cornice today...Hello,
The partners page now includes the e.digital logo. It accidentally was left off.
Thanks for catching this,
Melissa
Melissa Kutrubes
Public Relations Manager
Cornice, Inc.
direct 303.827.7103
main 303.651.7291
Melissa.Kutrubes@Corniceco.com
www.corniceco.com
FF..nothing from Cornice..but..FWIW..I got this e-mail from RP today......Thank you for your e-mail, Mark. Per Cornice, they are in the process of updating their website. We continue to work with them on several OEM-branded, e.Digital-powered products utilizing their Storage Element. Many of these products are being scheduled for release this year.
Best regards,
Robert Putnam
Senior Vice President
FF..just received this from RP..Thank you for forwarding the link, Mark. These are annual statements of insiders positions; I don't believe there are any changes from last year.
Best regards,
Robert Putnam
Senior Vice President
emit...same here..management always has promising new business prospects in negeotiations...you feel better...then you realize that months go by without anything happening.. Anybody who is not bothered by this probably just also bought some beachfront resort property in Afghanistan.
HH
FF...I sent an e-mail to Cornice yesterday...I will print my reply here.. FWIW...I received this e-mail from RP yesterday...Thank you for your e-mail, Mark. Press releases as well as more information regarding new business developments are scheduled to be released this month. The automotive project we addressed in the April 20 Letter from the President is one of several convergent platform business opportunities.
Best regards,
Robert Putnam
Senior Vice President
emit...very good question..the revenues from GW were probably not that good. In his last letter, I believe that FF alluded to the fact that the e-machine merger deal was keeping GW from aggressively marketing the player or something close to that. Some things never change.
HH
Tenderloin...I wonder how much is lost during the transcoding process???..
HH
Churak...that would be just fine by me..
HH
FF...I think that you are correct...The lack of news over the last few months has been really bad for the PPS...I hope that they release all those new products that that they have been alluding to starting this spring and continuing through the holiday season. I did not expect any of those products to come before then... I was however... hoping that they would announce at least one of the other undisclosed OEMs that they have been talking about for the last few months. It kind of makes you wonder if they exist. I hope that they are beyond "discussions"
HH
JD...or no news either//
lickily..what could sony possibly be thinking..they are throwing away their money on this one..I hear that Dataplay is comming out with a one gig disc that is about one quarter the size.
HH
FF... how ya doin??? Been away on location for a while and come back to see nothing has changed....
Mark
emit...I am positive that it was on the partners page..
HH
BD..I feel the same way...If the microOS was as important as Falk and Putnam said it was..How come the world is not beating a path to edig's door...How come Falk sells millions of shares to "friendly investors" at below market prices when large companys are investing in companys like edig every single day. It seems that edig (Falk) has talked the talk, but has failed to generate at least break even results for quarter after quarter after quarter. The last few months of no significant news at all tells the story once again that they have let their shareholders down once again. I have been gone for a while and hoped to return to any kind of decent news only to return and find the down trend of the PPS still going strong with no volume. It seems that the street doesn't even look at edig with any sort of interest anymore.
HH