Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
ff..I remember that also...THAT is just one of many many examples of managements very poor treatment of shareholders. I hold them in disdain to this day. They have a long way to go to get any respect back from many long time shareholders...
HH
FF..when you have 3000 songs on your player..it seems to me that voice nav would come in as a major time saver to pull up a certain song...A couple of days after edig announced that they will stop selling the O-1000, I asker RP if voice nav is dead...His reply was not at all...Although the large oem announced in Sept. has elected not to use it...it is "expected" (LOL) to be used by other OEMs FWIW..
HH
MH..do you think that is why he got a $50,000.00 year end bonus for a "job well done" ????
HH
MIR...so true..everyone on this board knows I have no respect for current management and would love to see them replaced..
HH
murrayhill..Putnam also told me that Ran Furman was the one who set up the offshore financing who was responsible for the massive shorting during the CES of two years ago.
HH
jwperk...true he also has every right...he is doing it in a condescending way .. you do not have to reply to people that way. period..
HH
SDR...you are an insensitive person...Yes...there are thousands of shareholders who have lost so much on the RP carrot speak, that all they can do is wait it out to see what happens... Maybe it is their fault...maybe not..But whinning...IT AIN'T...A lot of shareholders have every right to voice their opinion..So try not to belittle everyone ...it just makes you look like a @#$%..
HH
I have bought shares in the twenty cent range, and I have made some dough on those buys...What I am really referring to are the thousands of people who have bought in the dollars waiting for that stack of PRs on Putnam's desk to be released.
HH
FF..I'm with you on that also...EDIG management has never ever had shareholder best interests at heart when it came to financing. No matter how much news comes about over the next several months,boatloads of new shares will be dumped into every pr...And of course... the wholesale shorting of edig ...The bottom line (Just like MH says) is...nobody will make any money off of edig except for the "friendly" investors that edig uses. I hope to be proved wrong....but just watch it unfold..
HH
cksla..Portal Player is no longer listed on edig partners page...Unless something secret is going on, I would suspect that we are no longer involved with them...They have had a change in management since we got on board with them..
HH
Cassie...I agree with you on this.. No pr...no significant news will be released...
HH
chipperca...you sure bout that??????
HH
Cassie is right...the S3 should have been a major point of discussion at the SHM...People...do not be in denial...these shares comming on the open market IS NOT A GOOD THING..Although I question her motives for being here, Cassie is also correct about the history of these " friendly" investors shorting the cr@p outta this stock. The news required to offset these shares being dumped on the market would have to be breathtaking...And with edig succuss rate over the past few years, I am not holding my breath.... I would...however LOVE TO BE WRONG on this..
HH
chwdr...Gateway was never released as a formal PR...I guess that the "street" knows...If more knew...maybe the PPS would have done something positive..As far as Gateway goes, we do not know what kind of deal we have with them. No numbers...no nothing..
HH
MH..in a nut shell man...EDIG does not need any more webcasts...it needs real PRs with the news of real revenues...nothing more nothing less...All the longs who have been looking forward to the time frame of November/December for PRs just have to be a little bit more than pissed off with the total lack of any news what so ever other than the printing of more shares... A web cast so soon after the weak SHM could only signal something wrong in the air.
HH
niz...The pps may have gone up 150% this year...But I am real sure that it gives little comfort to the thousands and thousands of people who bought their shares in the dollars when edig management had stacks of prs on their desks waiting to be released that never happened. Even in the major downturn of the general markets over the last few years. EDIG PPS declined far far more than other stocks due to non performance by current management..
HH
chipperca..agreed...more shares to be sold//
Blackdog..I do not agree with you...It is not all about PPS...It is about making money and AT LEAST breaking even. Year after year of money loosing quarters makes management print tens of millions of new shares, and that makes each share worth less and less each time these shares are dumped on the open market. So...if and when edig actually does good and makes some dough, there will be soooo many shares in the float that the PPS could never appreciate to the levels of making longterm investors serious dough..like I was hoping for.
HH
Blackdog...you got that right...I am so sick and tired of feel good meetings..(except for last year)..I do not know what is going to happen..All I know is that edig management has had a multi year history of little or no results. That is why volume leading up to the shm was pathetic...Everybody knew that it was going to be the same old same old.
HH
SDR..correct..Putnam told me last year when Collier left that FF was hired as a deal closer...THAT is what I am worried about..Not his public speaking,but rather how he articulates himself to hardball playing oems. Speaking is very important in business.
HH
FF..yeah..Putnam bought half a million shares at a dime...Heck...even I would buy at that price...I actually was referring to shares bought on the open market. Management simply put...will not put their money where their mouth is... I let them know of my displeasure...every concerned shareholder should drop a dime on them..After all, if they concerned themselves with shareholder feelings, they should belly up to the bar and put some of their dough on the line, or go to work somewhere else.
HH
FF.. edig and gateway are both based in Poway Calif. I'm sure that they know each other... I think that it was Lawyerlong who quoted something like "if edig succeeds..it will be in spite of themselves" Still...the most nagging thing about edig to me is the total and complete lack of any insider buying at all. All through the SHM, Falk was spouting off about all the great things that edig could be involved with. If only 20% of the stuff he was touting came through, shares bought now at half a buck would be better than money in the bank. Simple truth..
HH
jwperk..the Gateway deal doesn't impress me yet...Although I always hope for the best, something inside tells me that the margins paid to edig will not be as expected...I hope Falk didn't give away the store just to get a customer. EDIG has yet to announce what we get outta the deal.
hh
FF..I did have the chance to meet him at a shm a couple of years ago...Nice Guy...but I don't think he is the brightest crayon in the box either...Also...I agree that his ego is nowhere near as inflated as that blowhard Collier.
HH
FF..so true..Falk is a terrible public speaker...Imigine him trying to articulate himself to potential customers... No wonder the deals are not closed yet...He got to go..
HH
chwdrhed..I know..the same dog and pony show...I'm listening to Falks statement telling all of us that we will be just as excited as he is when he is done...What a bunch of BS!!! EDIG has been in "advanced negeotiations with huge oems for years. There were only a couple of factual statements made..One about F-10 in full production, and the demise of the edig branded O-1000. That could be because they cannot sell enough of them to continue production, or that another oem wants to sell the full feature version...With Falks proven ability to close those big deals, which of the two choices might it be.. I was disgusted with the SHM...but not as bad as last year..
HH
HUNTINGTON...I believe that the "foolish factor" will not exist once voice activated devices become commonplace...just like talking on a cell phone in a public place...you were perceived as talking to yourself...It is a cultural thing...it(the foolish factor) will go away , and be accepted as a part of modern everyday life..
HH
niz...we probably are not "partnering" with msft... we are simply licensing their technology... Same with Hitachi...We are their customers, not their partners...we buy the HDD off of them... Unless they come out with news that msft and hitachi are using edig tech...The partner page is misleading...I have expressed my displeasure to RP more than once..It was the same with Sony and IBM...IMO... do not read too much into the partner page..
HH
niz..until edig management releases an awesome PR...I will be skeptical...Their track record is not that good... They have been selling shares to keep the lights on to pay their salaries and to give themselves cash bonuses while paying off debt by selling more shares...The ball is in their court to prove to investors that they have turned the corner..
HH
FF..anytime a company thins out the shares is not a good thing...The fact that they announced it Friday after the bell also does not bode well..They sure as #### better have a better SHM this year than last... HH
FF..anytime a company thins out the shares is not a good thing...The fact that they announced it Friday after the bell also does not bode well..They sure as #### better have a better SHM this year than last... HH
FF..that what worries me... Or to pay for year end bonuses...They have historically sold shares to pay salaries or to keep the lights on...You have seen from the last few financial statements that they have not made enough dough to not need any more for day to day operations. I remember the statement given by management the last time they registered shares...Something like.... To finance oem business and possible buy outs of releated business....Until something breath taking comes from managements mouth....I personally remain skeptical when they print more stock..
HH
moxa...I got an e-mail from RP yesterday confirming a second seperate infotainment oem...I also asked him about F-10...He confirmed that F-10 will be released this quarter for sales in early 2004...so no holiday sales for F-10..
HH
acrazjo..the one problem that the not so stellar financials pose to shareholders...Without profits comming in quarter after quarter after quarter means that edig management will have to print more stock to to pay their salaries and keep the lights on...This should be totally unacceptable to shareholders... They have had a long time to perform....The softeq, Gateway, IFE are good...but real money is a long way off from any one of them.. It is high time for Falk to relinquish the helm...
HH
FF..not only would I be stunned....I would be downright pissed off..I had a conversation with RP last week and I asked him if the end user was a world wide major brand name... His reply was that some of them were very much well known brand names, and some of them were not...He spoke in plurals..more than one end user for the O-1000..This better be good, cause I will not stand for another dose of Putnam carrot speak again...I gave edig management the benefit of the doubt a dozen times over...this time I will not.
HH
ucansee...that is one million in revenue..just wait and see what a paultry percent is profit...These guys have just burned up another year with no results...I was just hoping for break even. FF/RP just gave another dog and pony show yesterday...Why would they even waste their time and ours..It is next month.. then next month... something great will happen.. FF has failed and should be replaced
Cassie..if you are right...I would be extremely pissed off..but..I believe that edig management with all the threats of litigation from false and misleading statements made in the past (including me) That the patent pending is probably real..
HH
I heard the webcast today...Got to admit that I was totally unimpressed by the rehashing of the the same old stuff that they have been feeding us for the last few months.....EXCEPT... for the patent pending for the encryption used on the digiplayer...I know that times were different a few years ago...but when the last patents were granted to edig, PPS moved quite nicely.. I am sure that the engineering team is awesome...I still doubt the savy of the management team..
HH
niz...vote your shares like I am going to..
HH
FF...probably right...but todays PR was an insult to shareholders... The street...the world knew about what todays PR had to say. I am sure that edig management has been flooded with statements of extreme anger from angry shareholders who "expected" a lot more from FF/RP this last month. It is always next month or next quarter..Management performance has been lousy...I want so much to see them go..
HH