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.
The.other.board.is VERY QUIET! bout.EDIGs.website being.back on! To me that means they are gonna be buying BIG TIME tomorrow and don't want to trigger to much competition for shares by posting the big news! Could be a money maker for the trader! In my opinion.
Good grief how can you be so lazy. All the legal filings are served up for you on the message board even though you could get a pacer account yourself and they even give you a $15 dollar a quarter credit towards 10c a page downloads. You probably deserve to lose all your money. PTSC is done. Their lawyers all just filed to quit and it does appear it is all of them even PTSCs long term counsel Hoge. Sell what you have left and take the penny it is a GIFT! In my opinion.
Could.be a.good chance.to make some.money tomorrow! I think the EDIG faithful could be buying with both hands! If I see a early rise I might buy some share myself and make some money for dinner! I think the dead enders might see the website being back up as a sign that they will finally get filthy rich and buy and hold for more developments. I know there peeps I used to be one of them. In my opinion.
EDIG.website back.up! Back.in.BUSINESS?.should.be lots.of BUYING TOMORROW!!! Fools errand of course but I think some fools could be doing lots of buying! In my opinion!!!
I.think.those mean market makers.are accumulating for.the big run IMO!
EDIG mostly.just.slapped.their.logo.on.music players other companies made. I often remember people would often wonder exactly what EDIG technology was in the players or if "MicroOS" was patented at all if it was inside. Questions never really clearly answered by EDIG. Also, if EDIGs patents were related to flash music players what EDIG proprietary tech was in the hard drive players? That should have been an easy answer...none in my opinion! This was all a part of their attempt to appear more of a technology company than they were.
After the flash litigation basically ended from reading the legal filings I came away with the opinion that EDIG did have a valuable flash patent for reducing the need for RAM which was very expensive in the late 1990s early 2000s but only when using a specific type of flash memory, NOR. These patents did make EDIG valuable to multi billion dollar companies..AT THE TIME. The problem for EDIG was the cost of RAM came way down and NAND flash was adopted as the industry standard rather then NOR. Out went EDIGs proprietary tech being needed at that point in my opinion. Ever since then the company has been BS and nuisance value lawsuits sad to say and feeding off the deeply underwater investors from that time
Kudos to Fred and the team for being able to appear to be a company with really valuable (not just to them) proprietary technology for all those years after the very early 2000s. There were able to capitalize on shareholders who bought in the dollar range averaging down over all the intervening years who refused to admit they were wrong. All for a false hope. ALL PRECEEDING IN MY OPINION
Robert Putnum left right before the Markman decision in late 2010. The day before he left EDIG came out with their "EDIG Innovations Group" PR I assume to deflect from the shock of a long time EDIG employee leaving and one of the few that actually bought shares with his own money and a potential Markman hearing loss. EDIG had to seem to still have a viable business if that happened. Sure enough it was a wise move for EDIG as the Markman was lost. The "Innovations Group" became the foundations of the NUNCHI, Microsignet and "SYNAP" string along for shareholders all led by "Doctor" Nunally. All a big play. In my opinion.
People should have listened. IF EDIGs patents were so wonderful and all inclusive they would have gone through the Google PTAB IPR until the end and proved their worth. They choose to settle for very little as the financials proved. IPRs that settle before the end are proven WEAK. That is a fact when you look up what an IPR that is settled before judgement means. Skeptics were correct when it came to EDIG. I am not trying to be mean just realistic. In my opinion.
Hard.to admit.you got taken.for.a 20 year.ride.by.a flim flam.operation taking a kernel of tech truth and spinning it into a wild tale of global domination. Much gnashing of teeth. All told most investors lost the bulk of their investment back in the early 2000s and deeply underwater investors simply wanted to believe and got played so EDIG folks and lawyers could make a very good living. Be happy for them! They provided for their families for an entire career so they came out ok! It is very wrong they played folks to average down for well over a decade for total BS a false hope. Basically walked into a punch. They played it until the end with the BS implied potential true to form. They had the right audience for sure willing to suppress every obvious doubt. Sad. IN my opinion.
Jabra was actually a real product worth something. NUNCHI was never developed and was simply a method patent easily worked around. It served its purpose to string EDIG shareholders along and provide the company and lawyers with paychecks for quite some time. A YUGE success! That is why it was licensed for next to nothing in the settlements. Why people would actually think Google would buy or merge (snicker) with EDIG when they appeared to license for what seemed from the financials to be less than 100k is beyond me! Just wishful thinking I guess. In my opinion.
Rather.than.simply.trusting fRed.all.people had.to do.was.look.up what settling.a.PTAB.case.before a.decision meant. It was all out there on the great internet. It meant your patents were WEAK because a PTAB IPR never gets initiated unless there is a GREAT probability of invalidation. It is usually about 90%. Also, if folks had simply looked up what a "nuisance" value settlement they could have figured it out especially after EDIG was doing them for almost 7 YEARS. Instead despite all the evidence and EDIGs financials which showed as of Dec 31 2016 they only had about 362k left with a 100k a month burn rate people decided to trust fReD. All this in addition to the fact that just about ZERO of EDIGs implied potential forever ever produced even close to the results shareholders expected. The writing was indeed on the walls. In my opinion.
Another PACER today! "order granted" it says.
Sadly.you.have many.EDIGgers.who are.convinced.the patents.are.worth a fortune. I think they might have worth but only for getting people to pony up even more money after losing money on EDIG. Possibly they have more value for some additional nuisance value settlements but EDIG was not able to make a go of that after awhile. Folks greed and trust got them into a huge mess with EDIG and yet seem unwilling to learn for the experience. Sad. In my opinion.
"GUIDO" is a name for EDIGs lawyer. Shareholders envisioned him intimidating the companies EDIG accused of infringement (always assuming they were actually always assuming they were guilty of infringement). I envisioned him essentially extorting (of course they technically gave "voluntarily") money out of companies to avoid legal costs. Either way kind of scum.
Nuisance.value since 2009...yet.some.how the.next.1 was gonna.be different! Now that is true faith but your faith has to have a solid leader like Steve Jobs, Bill Gates or God not mR. fRed faLk.
FORTUNATELY.the benevolent.barracudas.are going.to.work on the mystery of what happened to the "pattens" and I am sure their info will prove to be about as useful as their 17 years of legal sleuthing! Totally worthless due diligence.
This effort is assuming the "pattens" (I take this term from an investor who could not even be bothered to figure out they are called PATENTS) are worth anything at all. If they were you can be sure the money hungry lawyers and fReD would have sought to suck more money out of them! Still I do suspect Mary Fales left because of the situation. She is young gotta keep clean.
In my opinion.
Great volume! Impressed.EDIG.is holding 1/10c I did not expect to go much past .0007c. 376,862 in volume represents about $376 double counted as both the buy and the sell count towards the volume.
Fred's friend needs.to.get.him on the horn.now?Where.R the.pattens! We need 2 know where those worthless things are now.
Good point...made MANY MANY times on this board. Why O why has no independent tech journal ever talked about how great EDIG patents are in the YEARS since they came out. Short of the SeekingAlpha 20 year old kid parroting EDIGs claims to fame which he warned not to invest in until financials should show the Apple settlement had any meat there was NOTHING. YES a BIG RED FLAG. I have always said trusting EDIG to come through on their implied potential is a perennial losing bet. They WERE flim flam artists taking a kernel of tech truth and spinning it into a wild tale of domination fed to greedy underwater investors with the intention that their imaginations would run wild. And it did. They were a great success for the financiers and the company people who made an entire career out of nothing of lasting value. I feel sorry for those that lost but the warning signs were out there for a very long time. In my opinion!
Could Mary Fales.have.resigned.as EDIGs. patent agent because she could see they were being moved out of EDIG as an asset? Sounds repugnant. As worthless as they are! Its a good question. In my opinion.
friendlyfred (fAlK? snicker) that is a good point! EDIGs lawyers were in a very small organization and the small ball nuisance value settlements were worth it for them. Once they joined a larger firm where partners get a cut of the money it was no longer a good use of their time. EDIG should have found another small lawyer operation at that point to continue the nuisance settlement ball game. EDIG was squeaking by until then. In my opinion.
"I could see a Fish/Moore situation developing..again.." Except EDIGs patents are garbage. They are worthless method patents not very specific technical patents. EDIG does/did not own the entire space of using sensors to inform decisions over the internet as they and shareholders implied. It is sad that people were so foolish and greedy to think that was possible. Using sensors over the internet to inform decisions was not invented in 2011 by EDIG with NUNCHI. If it was EDIG would have gone through the PTAB IPR process and their claim would be gold plated. Instead they settled for what appeared to be less than $100k. In my opinion.
I bet I lost a lot more! But it was gone a long time ago. After I gave up I kept watching to see if they were the scum bag flim flam artists I though they were. COLD COMFORT. They were. Sad to watch people somehow think there was actually something there even at the end. It is hard to say you were horribly wrong trusting a company like this that even in MAY exuded optimism about their potential. They had to know they were done then. SICK. IN my opinion.
Did anyone think of sending mR Falk an.email?
SUPPOSEDLY Pat Nunally said in a tweet since deleted and I think reposted on the FI board that he had a contract whereby the patents reverted to him if the company went belly up which it did. Therefore EDIG has no NUNCHI, SYNAP or Microsignet patent assets as worthless as they seem to have been based on the fact that a bunch of money hungry lawyers and mR fAlK could not make enough money off them to keep the EDIG BS going. It seems ODD than since EDIG paid for Nunally's work product that they had no claim to it only to exploit it for tiny nuisance value settlements. In my opinion.
New PACER is out!
Perhaps.we.should try emailing.Fred.questions or tweeter?
I.am PROUD.of what our little company.accomplished.thanks to Fred and his near life long dedication to EDIG. Fred was only making $190,000 a year as CEO while other tech company CEOs make millions. Fred could have left for the big money but he would not abandon EDIG shareholders and the company he loved. EDIG BEAT Google, Apple Samsung and a host of other companies thanks to Fred and Tony and we all owe them a debt of thanks for their hard work and vision. In my opinion.
Oops! I.meant.GOOOOOOOO FREDDIE &.Tony too! BADA BING another infringer pays up! In my opinion.
I.wonder when.we will.hear from Fred or Mardee? 10k?
GO EDIG! GO NUNCHI! DO FRED!!!!
The.patents.are JUNK.Worth 30k NUISANCE value settlements as demonstrated by the financials over and over again. Tech patents are recognized as fertile ground for nuisance law suits because they are complicated enough to avoid judicial sanction for filing a malicious law suit. The targeted company pays because it is far cheaper than paying for the legal representation to fight. If EDIG and the ever greedy lawyers could have got more they would have got more. In the end it was not even worth pursuing as the law suit targets could see EDIG was not going to be around much longer anyway diue to their deteriorating financial condition.
I have always felt Nunnalys patents were junk otherwise in the 5 years since they were introduced they would have tried to build something! EDIG actually did say awhile back at a shareholder meeting that NUNCHI was operating on their phones of course then 1-2 years later they said they were planning on building a prototype (huh?) then never spoke about it again. One of their little slip ups.
Nunally recognizes many EDIG shareholders will believe any implied potential about his patents and he is trying to get them on board with some sort of venture he is working on. I assume it will require money and EDIG shareholders are fertile ground for funding. I would never give him any money in advance of some actual results as trusting these guys has been a financial disaster for so many.
All above in my opinion.
The.good."Doctor" trolling for new victims!>>>>
I think his junk patents that settled for roughly $30-50,000 eventually were not even worth EDIGs lawyers filing more nuisance value law suits. In my opinion!
https://twitter.com/nunally?lang=en
Patrick Nunally? @Nunally 6h
6 hours ago
More
Gosh! I wonder whose technology is behind the Nest Cam IQ ... I think I know.
.003 would be a MIRACLE! Its .001.or.so.about.now!
ALL your lawyers.just.filed.to quit.THAT is probably not good. IN my opinion.
It is.not EDIGQ.because financials.r.not required.to.stay on the PINK.Sheets. If it was NASDAQ that would be required. EDIGs fee was probably paid up for a year from whenever they paid it to OTC Markets to stay listed. I assume.
EDIG filed chapter 7 with the US bankruptcy court. That means all the employees are gone and there is nothing to take over. Remaining assets will be sold off the company is gone. Nunally said in a tweet the patents go back to him if the company dissolves. A tweet since deleted. It is possible some guys like you may drive up the share price due to ignorance. Just make sure you don't stay too long!
In my opinion.
SeekingAlpha.kid.was.SMART! He.said.keep.out.of.EDIG until.you.see the APPL.money!WHICH STUNK! as shown in the financials!
I hope EDIG shareholders are not waiting around for the Samsung, Apple or Google partnerships to materialize or the royalties to show up. I do not think they are coming. In my opinion.
EDIG just hit 1/10,cent.Sad.that.the. pumping.works. I guess anybody who invests in a chapter 7 company deserves to lose their money. Probably just momo players anyway. In my opinion.
There.is.no coming back.from chapter 7.bankruptcy.To post.that.it.is a.good.risk.is reprehensible.
"Under Chapter 7, the company stops all operations and goes completely out of business. A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors.
The investors who take the least risk are paid first. For example, secured creditors take less risk because the credit that they extend is usually backed by collateral, such as a mortgage or other assets of the company. They know they will get paid first if the company declares bankruptcy.
Bondholders have a greater potential for recovering their losses than stockholders, because bonds represent the debt of the company and the company has agreed to pay bondholders interest and to return their principal. Stockholders own the company, and take greater risk. They could make more money if the company does well, but they could lose money if the company does poorly. The owners are last in line to be repaid if the company fails. Bankruptcy laws determine the order of payment."
https://www.sec.gov/reportspubs/investor-publications/investorpubsbankrupthtm.html
EDIG.has.no money.otherwise Falk.would still.be there.sucking down the paycheck. That article says EDIG HAD money and that is true EDIG HAD $362,000 or so AS OF DECEMBER 31, 2016. As far as we can tell EDIG had a $100,000 or so a month burn rate. They should have been out of money in April but I assume the settlements that came in kept them going until June.
The article also marvels at how with all the recent PRs that seemed so optimistic that EDIG could file for bankruptcy a few months later. To that I say the writer of this article has obviously not read many EDIG PRs! They always imply the world of potential! ALWAYS come up short. This one just came up REALLY short!
In my opinion.