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EDIG cooked up a website called "wedigmusic" back in the day to keep the longs buying and the share price from eroding. It was basically an IPOD music store but with total garbage content. This was when the stacks of billion dollar POs waiting for EDIG to sign that former VP Robert Putnum hinted at was getting to be old news never talked about again. I have no idea why EDIG cannot find $50,000 to pay a contract manufacturer to be their "partner" to build the water thingee or NUNCHI or other prototypes. It certainly seems like shareholders would love that news as affirmation of their life long investment and buy with both hands. That would really help us make a killing. In my opinion.
We still need EDIG to spin their implied optimism PR to get this thing going. I am sure they are working on a new way to play the shareholders and get some enthusiasm going. Once EDIG does that the long term stuckholders will pile into this stock averaging down yet again then the volume will attract the momentum players. Then its MONEY TIME! It is what they do and they have been doing if for a long long time. I trust them to do that much. IN my opinion.
Those EDIG dead enders are a great trading backstop. Even if the stock goes to 25c they will not sell because so many have dollar cost averages and will not sell until the stock is way higher than that. I pity those folks way too greedy.
FYI-UR lawyers just quit. Usually not good news in my opinion.
EDIG is a stinker BUT we do know they know how to play long term shareholders for fools and this has been proven many times and they have been averaging down for almost 20 years waiting for their pot o gold which will never come. Most of them have high dollar cost averages some in even in the multi dollar range and they will not sell no matter what until they feel vindicated. That leaves a lot of opportunity to trade knowing there is this base of unquestioned support to prevent the bottom from falling out completely if you were to take a risk on a short term gain and it does not work out. Still I would wait for actual news to buy and then I feel there is still a lot of money to be made without the higher risk and potentially becoming one of the "stuck holders".
Could be a positive earnings surprise when they are reported at the end of this month. Granted just about every report has been bad for a very long time but this time might be different as EDIG did say in an April 12 PR:
"Over the last thirty days, we have entered into multiple licensing arrangements and we expect to continue to generate revenue through our patent monetization activities"
30 days prior to April 12 is March 12 which is still in EDIGs 4th quarter which will be part of this 10k report. (companies have 90 days to report after the end of their year. EDIGs reporting year ended March 30th). Of course "multiple" just means more than 1 and the big money one may not have been signed until after March 30th then it would not be reported until mid August. Of course this could simply be more of the old EDIG string along which they have been running for well over a decade. I certainly would not buy in advance of positive news but watch the stock to see if any actually develops then quickly buy and sell not long after. In my opinion.
http://edigital.com/edigital-granted-new-patent-for-interpersonal-awareness-and-the-internet-of-things-technologies/
EDIGgers really talked up Mary Fales qualifications when she became EDIGs patent agent as being such a great thing so it is possibly that someone became disillusioned when she left and sold or, as I said before, a long term shareholder could have died of old age waiting for EDIG to actually live up to any of its implied potential. The patent agent is simply a go between between the USPTO and the inventor. It seems like Nunally could do this himself and save the company some money.
All it would take to set this stock on fire would be for EDIG to come out with a PR saying they have a manufacturing "partner" (which of course they would be paid on contract- there are many contract manufacturing companies) for their new NUNCHI or Synap device and that they would be mounting a national PR campaign. Long term shareholders would buy and hold momentum players would pile in the stock would go to 25c I would rapidly sell and the long term shareholders would be left waiting for the results watching the stock slowly sump back to a few cents as the reality that nothing is happening sets in. How do I know this is possible? It has happened at least half a dozen times with EDIG. Sub 3c seems like a good place to buy waiting for EDIG to cook up their next play. In my opinion.
I agree! EDIG is repugnant with how they have played desperate underwater technologically and legally naïve investors for a long time. Bringing RP back would simply be bringing back the worst of the repugnancy. Remember the stacks of deals waiting to be signed that ended up being vapor for shareholders. He pushed the limits of shareholder communication to play shareholders into holding the stock and they got burned big time. Company folks made millions back in the day selling stock way back then while hopeful trusting shareholders got left being long term bag holders with YUGE financial losses. In my opinion Mary Fales did not cost a lot and quit EDIG to distance herself from the stink. I still think this stinker has a trick up their sleeve to fool more people into buying and when that happens I will buy early and sell not long after. There are still lots of current shareholders willing to believe any potential they claim so they can try to recoup their losses and not have to admit they got played. I laugh when I think about EDIG being crammed into their TINY 400sq office which is supposedly a former part of Mary Fales office that she no longer needed. Must have been quite a split! That size office is a joke and not even close to an efficiency apartment for one. The momo players will pile in as they always have and there is your chance to make money. In my opinion!
Maybe awhile ago on a run then QUICKLY sold. Holding this stock long term waiting for actual results is a PROVEN LOSER. In my opinion!
The profit margins on those hats and cups musta been YUGE! Way more than EDIG ever made on anything they ever sold. Also, I downplayed the Mary Fales leaving thing. Probably no big deal there were other boxes she could have checked as reasons for leaving that were REALLY BAD but she did not! IN my opinion.
Mary Fales, EDIGs former patent attorney, checked the following boxes as the reasons for withdrawl on the USPTO form (my bolding). I would think #4 would be the one that might concern somebody but of course it could be a simple disagreement as the reason says:
(1) Withdrawal can be accomplished without material adverse effect on the interests of the client;
(3) The practitioner is discharged.
(4) A client insists upon taking action that the practitioner considers repugnant or with which the practitioner has a fundamental disagreement;
(6) The representation will result in an unreasonable financial burden on the practitioner or has been rendered unreasonably difficult by the client; or
(7) Other good cause for withdrawal exists.
(under this it says "mutual agreement to withdraw" on the form
The reasons legal #s (which are only on the form) are explained in detail here:
http://www.bitlaw.com/source/37cfr/11_116.html
You can look it up for yourself by going to:
https://portal.uspto.gov/pair/PublicPair
And entering "Application number":
13/759,353
Then click on the "Image File Wrapper"
IN my opinion. Could be wrong.
Mary Fales not being EDIGs patent agent is no biggie imo and not a reason to sell. Probably a cost savings measure. In my opinion.
EDIGs new 400sq ft office (snicker) seems to small to contain even the few remaining EDIG employees. So they squeeze Fred, Mardee Nunally and maybe some other guy in there? Perhaps they all do not show up every day and rotate through there certainly does not seem like a lot of work for them to do. Where do they do the prototype assembly? In my opinion.
Market.makers loading up on cheap EDIG shares for the YUGE run coming when EDIG spectacular earnings are reported this month! Hey it could happen! Anything is possible. EDIG has been the company of the FUTURE with 27 YEARS of innovation stolen by horrible people. All that is required is a few more months of patience. My opinion but EDIGs time may have finally ARRIVED! Load up now before this buying opp goes away!
If EDIG files 2 sell their 100 million authorized but unissued shares (or is it 50 million?) that could be a great buying opp. EDIG could announce they need the money to finance a national PR marketing campaign and manufacturing for their new inventions. Current shareholders would load up the boat excited by all the new potential $$ and the sheer volume of shares offered would keep the price per share reasonable. We can only hope.
Volume is up! Could be a buying opp! Maybe EDIG $$news$$ is on the way.
Share price down=EVIL.MARKET MAKERS! Snicker.
PTSCs patents.are.all EXPIRED.Stock will go.to 0 soon. Better to sell now while you can still get 1c for the shares my friends.
RP has/had a lot of EDIG shares many that he bought so I figured he left before the markman decision so that he could sell them. He had something like 3 million shares. His shares were one of the things that gave me confidence in EDIG because if he was working for EDIG and sold them I knew he would have to file a form with the SEC as an insider. Unlike the few others left at EDIG his were not mostly given to him. Could be wrong but the timing was certainly convenient. In my opinion!
Robert Putnum's hasty unexplained departure in 2010 and the pending Markman ruling led EDIG to come up with their "EDIG Innovations Group" PR which merely shuffled a few employee titles around, did nothing and was subsequently disbanded or simply never spoken of again. I felt was EDIGs attempt to deflect from RP departure and stem the bleeding in case there was a Markman loss which there was. EDIG could then say oh we lost but look at this SHINY new thing! It was one of many things that made me question EDIG as being anything more than a possibly momentum play. RP went to another Woody Norris company, ATCO (which became LRAD), for a few years and then probably retired. All above in my opinion.
RP was a master at spinning shareholders with little words and phrases they would repeat for years even to this day that would give them hope such as "sometimes your adversaries become your customers" and other such bunk. I think Alan Cocomelli took over that role with his promising phrases like "when the new IPhone comes out you will know the value of EDIG" (or words to that effect. Of course he never lied the iPhone came out and the value of EDIG was a roughly $200k nuisance value settlement. For years after investors were waiting for the next financials to get their deserved reward for being so patient. Just like today they are waiting for something from the Google settlement. Just as in the past there must have been something about that cross licensing agreement with the Samsung settlement that would mean something good for shareholders. With EDIG it never does. That is what they do for long term investors. In my opinion.
Many people would buy EDIG shares without doing any critical thinking with the right PR. EDIG has been very successful at implying potential and has many people who still believe that somehow with a little more than the 17 years of patience shown that EDIG will have its breakout moment any year now. I think if EDIG said they needed money to make prototypes and launch a PR campaign they could sell the 100 million authorized but unissued shares they have available and full up them golden EDIG coffers! I have seen folks defend EDIG like you would defend a family member from being defamed. They will buy into anything EDIG says. That should attract some momentum players who will bid up the stock. That is the opportunity to make money with EDIG! There is no way you want to end up stuck in the stock long term that is a proven loser.
People are dwelling on the "prototype" because EDIG said they were planning on developing one. They never said they had completed that development they just put it out there and never spoke of it again. If a company makes a statement that they plan to do something people hold them to it to see if they actually follow through. EDIG has thrown out many of these carrots to play shareholders and never followed through. I assume if EDIG did actually finish the prototypes they would inform shareholders with a simple "bullet point" on an earnings PR.
EDIG is not a new company as of 2010 as it has many of the same people and same string along tactics as the EDIG we all know. People are skeptical of EDIG because they are holding them accountable for the results of their PRs over the years towards building shareholder value. Those results have been to come up completely short every single time!
EDIGs PRs filled with implied potential tend not to get much of a market reaction these days because people have learned that EDIG cannot be trusted to produce actual results.
EDIG is never going to go higher unless they actually produce substantial sustained revenue which they have not done ever. EDIGs patents are indeed "valuable" but only to keep their paychecks a coming.
In my opinion.
EDIGs past HAS predicted its future.performance on every new "business" they have cooked up. If you doubted them on every single one you would be 100% correct! In my opinion.
German scheme over.heading to sub.2c now. How many times have we seen this for people not to have known to have sold yesterday in the mid to high 2c range! You will not be able to do that now without taking the share price. In my opinion.
I bought yesterday and sold today after the technical buy signal was confirmed. Making money off this German scheme is very easy. When the German volume is high buy early as the price is rising and SELL SOON AFTER THAT! PTSC should slump back to 1c shortly.
German pump-a-dump.scheme in play! Make.sure.you sell the stock as it always ends up tanking a few days later. I do not know how it works but it starts with buying or maybe its selling on the German exchange which results in US volume either buying or selling. Its hard to tell. All I know is I have seen it happen about a dozen times and it does raise the share price for a few days while its going on then the share price slowly slinks back down substantially. I would advise taking advantage of the scheme to sell for an inflated price. In my opinion.
Yeah it was always funny to me that EDIG said at a shareholder meeting well before the January 2014 PR announcing that they planned to produce a prototype that they already had NUNCHI working on their cell phones. Anywho if they actually did produce one they would certainly let sharedholders know even if they did not actually show it. That was one of the many discrepancies between what they said and what actually resulted that set off my trust o meter. They were already on double secret probation for me with the 10 years of BS prior to that. In my opinion.
Falk sure "got the word out" SNICKER. WHERE except the message boards legal filings and the SeekingAlpha kid have you ever heard a word about EDIG and NUNCHI. That got me suspicious right away after years of nothing. If EDIG ever came up with the prototypes they mentioned in early 2014 they would have shouted it from the roof top. Like so much of their BS they simply put out the carrot then never spoke of it again. IN my opinion.
It the prototypes.were finished.EDIG would.be crowing about it in a PR. It would be one of those "bullet" points shareholders love. EDIG not saying anything about something they threw out there as a carrot to shareholders in the past means it never got done. I know these guys! Since when has just trusting them ever worked out. In my opinion.
3.5 YEARS later still no.Microsignet.or NUNCHI prototypes!
From Feb 12 1014. The habit of EDIG over the years to throw out a carrot which seems important such as this then to never speak of it again is one of this things that make it hard to trust them! Was this ever done? Did they drop it? We will likely never know down the memory hole along with the "business manager" hire. IN my opinion.
http://www.marketwired.com/press-release/edigital-reports-third-quarter-results-otcqb-edig-1878344.htm
"A prototype of this security technology is being developed to demonstrate this exciting technology to potential licensees. On a separate track, we are developing applications and technologies to demonstrate the power and functionality of our Nunchi technology," concluded Falk.
PTSCs patents are EXPIRED long ago it is over for them. The lawyers and PTSC blood suckers will continue to make some money. Sell if you have any sense. 1 penny if a gift in my opinion. The stock is worthless.
PTSC will get very little if anything out of those companies they are attacking as the tiny HTC settlement proved even if they somehow eventually win. The "win" would take many many years as it would be appealed. PTSCs situation is hopeless but I expect the current district court judge will simply take the appeals courts opinion that the case cannot be won due to the minor modification in the claims construction and grant the coming defendants motion to dismiss. They want this troll finished end of story and the appeals court gave the district court judge the green light to end it. Sorry for your loss. In my opinion.
Nunally helps string those shareholders along for quite a few years now so I agree with you that he is an asset to EDIG. I disagree that his history has been explored much on the boards. If it was better known posters would not use the title "Doctor" when posting about him.
Thanks to Nunally the lawyers, himself and few EDIG peeps will continue to be able to score nuisance value settlements to keep themselves in the money. I expect Nunally to take over as CEO once Fred retires from his successful 20 (or so) year career stringing shareholders along. I listened to Nunallys conference call with investors in March of 2011 and he definitely has the EDIG knack for implying huge potential that never happens.
All above in my opinion.
EDIGs "Dr" Nuanlly's degree is from "Pacific Western University"
This info may be wrong and there might be some other "pacific Western University" that is legit but this is what we have to go on. Nunally appears to be a well educated quack. I believe EDIG even stopped referring to him as a "doctor". He has not had a commercially successful patent from what I have found and his only idea that came close was to use gas lines to be the final link for internet delivery which never became viable due to safety concerns. He has made a home at EDIG writing wordy very specific method patents that are complicated enough for EDIG to file nuisance value lawsuits without fear of legal sanction. A flim flam operation. I think you would have to be a fool to invest in EDIG based on his expertise. The good "doctor" aint so good he is on his last play. Bada BING! That's gonna leave a mark on the marks. IN MY OPINION.
https://en.wikipedia.org/wiki/Talk%3APacific_Western_University%2FProposed
In 1988, PWU offered a "nine-months-to-a-Ph.D" degree for US$1,675.[15] A California state committee investigated the University and found that some of the graduates completed a substantial body of new work before their degrees were conferred while other in other instances, either inadequate or no instruction is given, and the degree is issued based entirely on life experience and prior publications.[16] In 1989, Pacific Western University agreed not to seek licensing for its doctoral program.[16]
By August 1990, PWU set up degree programs in Louisiana and Hawaii.[16]
In April 1994, Louisiana's state Board of Regents closed Pacific Western's leased office, asserting that PWU offered too many credits for a thesis, had too few teachers, and not enough courses.[17]
On November 4, 1997, the State of Hawaii, Office of Consumer Protection (OCP), filed a lawsuit against Pacific Western University, seeking to prevent PWU from failing to provide mandatory state disclosures and from misleading consumers by asserting that Pacific Western University is registered with the State of Hawaii.[3] On April 28, 1999, Pacific Western University entered into a stipulated permanent injunction where PWU agreed to provide mandatory Hawaii state disclosures and to not make any representations to the effect that PWU is registered with or authorized by the State of Hawaii to confer bachelor, master, and doctoral degrees, and or award academic degrees. Moreover, without an admission of wrongdoing, PWU also agreed to pay Thirty Thousand Dollars (US$30,000.00) to the Office of Consumer Protection, State of Hawaii for costs of investigation.[18]. On March 28, 2005, the Hawaii OCP filed a further lawsuit against Pacific Western University seeking to prevent PWU from engaging in "unfair or deceptive acts or practices", seeking a court judgment that all contracts between PWU and its students are void, and seeking money.[4] On May 9, 2006, the Hawaiian court entered a default judgment against Pacific Western University.[19] According to the Oregon State Office of Degree Authorization, "degrees issued by the former Pacific Western University in Hawaii are not from the same entity as the current PWU of California. Employers should verify which entity issued any PWU degree."[20], but both Bear[1] and Thacker[6] note that both were operated out of the same building, by the same people.
Between July 2003 through February 2004, United States congressional investigators determined that at least 28 senior-level federal employees in eight agencies have "bogus" college degrees between three unaccredited schools.[21] Among those individuals identified by the General Accounting Office review were three workers with emergency operations roles and security clearances at the National Nuclear Security Administration, part of the Department of Energy.[21] The three unaccredited schools -- Pacific Western University, California Coast University, and Kennedy-Western University -- provided data showing that 463 of their students were federal employees, with most of those listed in the Department of Defense.[21] Federal funding is explicitly restricted to accredited programs
If it happens the trial is in late 2018! then even if you win history has shown it to be little then comes the inevitable appeal which might not get resolved until 2020. Companies have taken a stand and are simply not paying off patent trolls like PTSC but fighting them to the end instead on principle. PTSC if it continues and somehow wins will never get much more money than to keep hobbling along and paying the lawyers and PTSC scum. In my opinion.
EDIG has been playing a lot of people for a long time, over 17 years, and have done very well for themselves. They have some tech knowledge and a commercially failed patent writer (the "doctor" snicker) writing very specific method patents that can be used to file nuisance value lawsuits, and spin it into a yarn of potential which is totally legal of course (buyer be where!). They know deeply underwater investors will insert their own imagination and hope it somehow comes true when after so many times it is obvious it will not. With EDIG is never does. This would probably be ok for a bunch of yarn spinners who just showed up on the scene but not for EDIG, in my opinion, who have done this expertly for an entire career. This is their job. They are a "success". EDIG may well pay a company to make their BS "inventions" to keep the play going and I recommend selling when they make their next move to play the greedy folks who are not very knowledgeable about the technology and the law.
Nobody has been able to explain how these guys are worthy of any trust in their claims of potential after coming up so empty for investors for so long. That is why the stock is 4c. and it actually should be less. 4c is a gift unless you can wait to sell until they make up their next BS story then you better sell before the momentum players leave!
My opinion!
"Although this minor modification to the district court’s construction likely does not affect the outcome in this case, because the parties stipulated to non-infringement under the district court’s construction,"
This is the GREEN LIGHT to the district court judge from the appeals court to end this case. All the district court has to say is the new claims construction changes nothing and the appeals court backs up his decision. That is how these things work. Those words above are his justification legally to dismiss the case.
In my opinion...and theirs!
That "opinion"is from.PTSCs own lawyers who will argue anything to keep the case limping along and their pay checks coming.
The financials will be a dud like all of EDIGs other financials from many many years. EDIG are pros are producing duds when it comes to their patent licensing since at least 2009. For the shareholders at least. The lawyers, EDIGs few employees now squeezed into their new 400 sq ft space (smaller than an efficiency apartment) and past financiers have done well. In my opinion.