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CD sad; but more truth than not ,in your post ,imo
Anna --overall I made a nice profit on edig .I didn't say I made a profit on my last sells . What you can't understand is that I sold (based on all the NEGATIVES which management has accomplished )
I will go on record that I never shorted edig . I won't short edig . I am pissed because ,it is a totally underperforming management runing edig . Just imagine for once ,if there were actually a good management team operating edig & there were no shorters taking advantage ,on short signals . Could this stock be at a much higher pps ?
Anna ,it is my intelect which told me to get out of Dodge . Thus ,it boils down to cut my loses .
BTW do you still own shares in edig ?
Mary so whats new ? could those same folks have agendas of shorting edig & work the boards for the obvious benefit ? There is no question in my mind that the shorters have taken way more money off the table than any long .
Murrayhill it is Agoracom.com ,then simply register .
HH management has their favorites . I actually saw a one on one private session going on (not in hearing distance ) by FF with a very long time stock holder . That was off stage (at the last share holders meeting ) was very concerning .I trust my gut feels ,as they never let me down . Who knows the whole story unless it came out in a court action .
Constantly there have been private discussions going on .None of these discussions have been posted by management, for the record .This also concerns me to a very high degree .Why do these private communications start with anyway ??? Imo these type of communications do nothing good .
HH that is so very true . This managements time is very short .Either the share holders do something proactive or sit back passively & take the hand which is dealt .
The economy is on a slight rebound yet there are many difficulties ,such as the misserable unemployment here in the USA .Then there is Iran ,North Korea & the trroist threats .All of these playing a huge role on the US & world economies . Thus ,the markets are uncertain & it shows by moving side ways .Additionally ,the US mountain of debt ways heavily on our ability to sell bonds . Many many problems yet to over come .
Dick replacing FF & RP is a BOD /share holder directive . Since I am no longer a share holder in edig ,my recommendations would fall on deaf ears . However , in this day & age a executive search team could & would send very capable people . In addition ,those people would have funding sources to move this company providing ,that all parties could attach a real value to the technology in todays/tomorrows, electronic/digital world markets .
BD /Steve hello . See that you are hanging tough . Me ,on the other hand couldn't stand any more of the non performance of edig's management . However ,did more than well taking the proceeds & placing in solid investments .
Heck ,I really like the technology .But ,I can't stomach the continued disceptions & loading up of shelf shares to dilute share holder values .Imo the pps is way over valued ,against zero earnings & continual loses . These are the reasons I got out .
If this could actually turn & the off shore shorters don't shoot it down ,then there is a chance that the true longs could bail out .Or the company is taken over by a company with cash & proactive vision . Best of Luck to you .Cliff
PS let there be a paradign shift .
Murrahill that is quite a profile of this companys CEO/Pres . I totally agree .
Sinkman the draught must be terrible . No news /good news . Imo , I don't think that is true with edig .;because of managements awfull track record .
Wishing that the share holders join in & eject FF & RP ;but have a management team that can & will take edig to the higher levels than wallow in the OTCBB mud hole .The pps is & has been too long a disgrace .This pps proves that FF & RP are totally incompetent .
Thanks HH . You have paced the emphasis on my thoughts ,about FF etal . I truely hope that you & others who have stuck by these 2 ,may get their monies .
Hello Joe. But what if the pps does not go up ? Should folks average down ? I wouldn't think this a very wise move considering the cash flow situation & no guarantee of a quarterly profit . Best thing for the stock holders could be a buy out ,at this time .The past track record is dismal .The worst case senario is a re round of fresh stock .Staying in business being profitable is a far difference from staying in busineess by selling cheap shares & or high interest loans .All these manuvers have diluted share holders worth .
Hello Joe. But what if the pps does not go up ? Should folks average down ? I wouldn't think this a very wise move considering the cash flow situation & no guarantee of a quarterly profit . Best thing for the stock holders could be a buy out ,at this time .The past track record is dismal .The worst case senario is a re round of fresh stock .Staying in business being profitable is a far difference from staying in busineess by selling cheap shares & or high interest loans .All these manuvers have diluted share holders worth .
Larry doing good is relative .Thank you ,I have a great life ,now that I am in the best physical condition in my life ,great grand kids ,social life ,travel ,ie .Golf game rewally improved .Yup ,I worked my tail off to get there(50 yrs ) . What do I think of those who have had misfortune ,I can empathise .what do I think of con artists ,I detest them .
doni pray tell . what does FF pull down in salary & benes per yr .Then what does RP get ? I think you may find it most interesting .The recent lowering of the burn rate is recent .what about all the waste in past years ,with grandeous promises & "Misguidance' .Is that all to be swept under the carpet .
I would enjoy some sort of a reply & not a one liner to address this topic .Thanks in advance .
Larry --I have no axe to grind ,excepting the horendous non performance of this current top mangement . In your shoes ,there is no choice but to ride along & hopefully you will be able to bail at a decent pps .
You & I know that these boards have really no direct impact on the pps .What you need to be very concerned about are those who have in the past shorted & will in the future short edig . Those are the people who are doing well .
If the shorting were to stop & the pps was given a chance to rise ,there are a whole raft of good folks ,who would sell ,imo.Let us hope that in fact happens .Time will tell .
FWIW ,I am a nice guy . I like good /solid people . Best of good Fortune to you ,Larry . Shalom my friend ,Cliff
doni is the truth funny ? eom
HH imo you may receive one of RP's caned replies ;which will tell you nothing .The very reason there is NO news should tell you that there is nothing going on .Management must spend hours to plan what to say to the share holders . BTW ,don't you think Woody has done well ???
As long as RP & FF are allowed to direct daily operations at EDIG ,imo nothing will ever happen ,except for them to continue to collect fat pay checks .so WHY should they want to change anything .They like it just the way it is .
Kevin you know that answer .Because ,if there was pertinent information ,it would have been posted . It is the same old ,as before .Why do people still fall for the same no do .Hasn't managements track record proven that they can't convert meaningfull deals ,that would turn edig profitable .Does any one want another 14 years of this ?
arkie I never said that I would buy back in while RP & FF are controling daily operations ."If" & when there is a change in management & this company is properly capitalized ,then & NOT until then will I think of buying in again .I rather short the stock .There is where the money is being made .However ,I never shorted edig ,even against my better judgement .
arkie ,there are a lot of nice people here & on other boards whom I have had the priviledge of talking with . This is why I post the way I do . Yes ,I do hope that true longs can bail before the doors close .Companies can't stay in business the way edig finances it's daily operations .Please read the SEC reports .
Why can't edig pps break out ? Because it is way over valued . The real money is & has been in shorting this stock . As long as there are Zero profits & RP & FF cutting fat paychecks for them selves edig goes NO where .Can't others clearly see that ?
RTQ .27 .eom
CD right on target . Ain't that the truth . eom
Gil they have no money . They have no management . Thus they have little or no chance to survive ,less a BK or buyout .Either way the common stock holders get screwed .I have heard "ALL" the excuses & back up BS on "ALL" the boards . This is one for the history books .
Gil talk english & I might reply . LOL
jw simply without steady sales growth ,there can't be long lasting bottom line profits . The so called management of edig keeps cutting the burn rate ;however ,they never announce that they cut RP or FF's salaries . It's much too easy to flood shelf shares to keep the doors open .
Show Me the Money .You know the old exoression .
How & where are the top line growth & bottom line profits to come from . More RP & FF jive ???
NEVER ONE Month of profits in 14 + years . That is "SAD" .
Doesn't look like there has been any progress with OEMs .There seems to be a lot of chatter but no results . Do I hear & see the same old let down by msrs RP & FF ? Seems like these 2 are taking the average Joe share holder for a ride & it's not down memeory lane . Call it folls with tools . They try to fix it but don't have the savvy .
Proof is their history . Proof is the withering pps . Anyone care to go out on a limb & call a steady pps of $1.00 by end of 2003 ? And a $2.00 steady pps by end 2004 ?
Do I think that the technology is good .Yes U bet I do .but ,Do I think that RP & FF are productive ,proactive ,visionary type leaders . My answer is NO . This is my opinion .I have gone on record that if & when these 2 parasites are replaced ,i will consider reinvesting in edig stock .
owd3 you also have a stong argument against . Imo you are definitely on the right page .
NEWe.LONG you make valid points . Now sit back & ask yourself about edig promises of multiple OEMs .Without OEMs& the sufficient cash flows generated , edig Cannot survive ,long term .They simply don't have the cash to survive .Of course they don't have to recreate the wheel --they could simply recolor it & sell more shares .LOL
Kevin "guidance " is good ;however,like contracts ,they are only as good as those who sign them .
Kevin this picture worth thousands of words ;but can it help edig ?
dougal the question manaqgement avoids is a definite release date or time line . Me thinks that they have mastered the art of the stall . It looks real when first viewed ,then comes the smoke & mirrors .Been happening for 5 years now .Can you really see a "clear" change in them being held accountable ?
Bob Thats a deal .September it is . Remeber ,the company is strapped for cash flow . IMO it is hard or next to impossible to operate from a barrel which is close to empty .However ,so be it let us see what happens .It is always the test of time that counts .
Oh johny the SEC ??? what teeth does the SEC have these days .Leadership --where ??? who appoints the head of the SEC ??? LMAO
friendlyfred just had a few minutes . I think you are on to something .There is too much defense coming on this board to valid points & those in the defensive mode cannot back their assertions with fact . It's too bad folks get snowed so easily .not only do they get dumb blasted from a most lax management ;but they also get hit by so called longs ,who imo are both swing trading & or short selling ,as the market oppotunities present themselves with edig stock .It's a very old game but a deadly one to the unsavvy pocket book .
All enjoy your day . Off to enjoy my day .Remeber have fun
Bob thats a big "IF" . Can't trust FF & RP .Their accomplishments are in the minus category . Again , Why haven't they been successfull for so many years . Answer no guts & no management talent & no art in discerning losing ventures
WOW Murrayhill you have guts .eom