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Looks like a technical sell was issued today! Based on the old candlesticks. Of course the only thing that will actually draw in new long term investors to EDIGs 20 year old act of implying potential and coming up short every time! is results.
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=EDIG
The appeals court made clear the case is.over and they spoon fed the district court judge the rationale to end it when they said:
"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,"
The district court judge approved the initial claims construction and he has cover to now end the case based on the appeals court judgement on the new construction ESPECIALLY based on the appeals court quote above. He will approve the defendants coming motion to dismiss this case. From the appeals court judgement he knows that if he ends PTSCs case PTSC will not be able to appeal and win because the appeals court feels the case is over. They want this patent troll PTSC gone and will not waste any more of the courts time on it. PTSC noted in their latest filing that some of the Defendants feel they have won. Of course PTSCs lawyers are trying to make a game of it they are being paid to prolong this junk as long as possible. I am afraid PTSC is done.
My opinion!
If EDIG actually somehow proves to have something of real value there will be plenty of time to buy in and make money for those watching without getting horribly burned as many have. To this date from almost 20 years of watching they have proven, to me, to be flim flam artists making money for themselves the lawyers and financiers. Lots of it enough for their entire career! They have been a great success! For them not long term shareholders. I know it hurts to read my scathing comments but the investment world is harsh and unkind because it is positive results oriented and hyper critical of failure. That is why I am glad we have this board that tolerates realistic opinions good and bad. We need to have this forum with the sometimes difficult truths told. The stock will only reach new highs if a positive consensus can be achieved.
Correct! Actual results would bring in new long term investors but in EDIGs entire history they have been unable to produce actual results that sustained shareholder value. That is why I so distrust them. They have exuded nothing but confidence in dozens of PRs since 2000 and come up empty for shareholders every time. That I why I call EDIG as a momo play when they come out their next seemingly optimistic PR and investors buy in hoping for a return and the momo players flock in attracted by the volume I will certainly make sure I am selling into their volume because with EDIG unless you sell quick you are stuck waiting for something that never happens. That is the way to make money off this stock. To me holding long term waiting for the money in the financials is a fools errand. In my opinion.
Boards stocked with positive posts no longer sucker people into buying and holding shares these days. There are simply too many sources of information available now. Even if every realistic post on EDIG was removed there would simply be nobody to fool into buying and holding EDIG. Besides their LONG history of coming up short make this stock poison.
EDIGs.patents are valuable BUT only to the lawyers and EDIGs few employees and, in the past, the financiers. Nobody can say EDIG has actually lied. They only said they felt their patents are valuable which they are. The value is very little sadly for shareholders. To take a case to trial costs upwards of $1 million. EDIGs targeted companies usually settle for around $70,000 according to the financials very early in the legal process. Basically they are saving money they would have to pay to lawyers. This has been the results since after EDIGs first round of settlements from their Flash R patents in 2008.
I personally felt lied to when Pat Nunally was so ardent about the potential of NUNCHI in his conference call with shareholders in March of 2011 promising it would not be a think tank (his words) of ideas but actual short term monetized results. PartnershipS were expected to come in the fall. He made it sound like talks with partners had already begun. Of course that is EDIGs mode of operation with shareholders. Imply the moon of potential which never works out for shareholders who have to use their imagination to see EDIGs influence somewhere.
Whatever happened to "get the word" out from the CEO? I have not read a single article in an independent tech or media outlet about NUNCHI (SA kid does not count!). If this was more than non exclusive vaporware tech journalists hungry for a story would have at least a blurb on it since it was introduced 6 YEARS ago. Instead nothing at all. Very odd.
Above content in my opinion!
That SeekingAlpha kid wisely moved on to his dozens of other potentials without getting burned on EDIG as so many have for so long. The only reason I mention him is he was touted as a sign to buy many times. One of the only ones to come from an actually independent person or source in many years. Good luck finding any tech journal or anything else about EDIG on the entire internet. That is very ODD considering EDIG has been pumping NUNCHI since 2011. When EDIG eventually comes out with their PR implying great potential to help them sell those 50 million authorized but not issued shares to stay in biz I will be buying and very quickly selling very happy in my gain and that I did not become one of the stuckholders haunting this stock making excuses for them coming up short time after time. My opinion!
Buying into EDIGs claims of implied.potenital.is a fools.errand as their many many PRs have proven over a 10+ year period. That is why the stock is worth only 4 pennies. I do not believe a word they say in advance of tangible results. Even the 20 year old Seeking Alpha kid knew to wait to see the Apple settlement results which were financially dismal for EDIG. Simply nuisance value at the low end that allowed them to keep trolling along making money for the lawyers and few remaining company employees. Some continue to trust their implied potential and I have no idea on what that trust is based on. Maybe if a few PRs went bad over a couple of years but not almost all of them which came up totally empty for shareholders who held long term. My opinion based on the RESULTS from their dozens of PRs!
Success never comes in EDIGs financials! Every quarter for many years shareholders somehow expect a bonanza. Years ago it was from some super secret Samsung deal and cross licensed patents then from Apple and a speculated partnership or ongoing royalties (even the 20 year old SeekingAlpha kid knew not to trust EDIG and advised waiting until the money showed up before buying, which it never did in any significant amount, and he actually took EDIGs current PRs of implied potential at face value not knowing their over 20 year history of implying potential and coming up short every time!) and now from Google. Surly some super secret partnership must exist that somehow does not have to be reported as a material event for a company with a going concern statement in their financials! All the financials ever end up showing is really small nuisance value settlements if you are lucky. In fact at an estimated $70,000 a company the settlements are much less than paying the lawyers to go through a trial! That is why they settle. The settlements rarely even get a PR and I certainly assume EDIG would want one to puff themselves up! Holding EDIG shares long term waiting for very strong financial results is a fools errand as history has proven.
I do watch the stock though for a good reason. I know there are a few dozen long term investors who have millions of underwater shares who will buy more shares at the slightest hint of implied potential in a PR regardless of the 20 year history of their implied potential being a bust (every time! That eventually made me suspicious of their claims after a decade or so). My guess is EDIG PRs a "partnership" with a manufacturing company EDIG pays to build their water thingee or other junk. EDIG shareholders buy to average down for the 20th time their volume attracts the momentum players then I buy some shares right as they start to get in I ride it for a few days for some easy money. I think this stinker is not done especially when they have 50 million shares (or is it 100 million?) to sell to investors willing to believe anything they say. So we both agree EDIG has potential. I made some good coin when the collateral estoppel got successfully appealed and the stock went up to like 20c. Of course as all things with EDIG there was no long term pay day and the stock slumped down to its proper level.
Investors have to use their common sense when evaluating EDIGs patents and claims of implied potential especially in light of their LONG history of exaggerated implied potential and I say exaggerated because it never works out. EDIG did not invent sensors being used to gather information for analysis and transmit that information over the internet to inform decisions in 2011 with their NUNCHI patents. EDIG simply does not own this entire space as they imply. Back in the day EDIG implied they owned the patents to the entire flash based hand held music player market! As it turned out insiders made a boat load of money playing that card. The end results were that EDIGs patents were for a very specific type of flash memory (NOR) that nobody ended up using. Why would EDIG continue such a charade? Well they have successfully parlayed their patents into a life long career draining money out of peoples pockets! Company employees, the many lawyers and financiers have all made good money. The internet of things is not waiting around for "Doctor" (snicker) Nunally to come up with his ideas. Apple, Google and Samsung are no sitting on their hands with tens of thousands of the most talented software and hardware engineers waiting on EDIG.
Why are some people so skeptical and critical of EDIG? I have read every PR implying potential since 2000 and evaluated the results and they have been uniformly terrible. Trusting the company in advance has been a financial disaster for many investors. Of course they have nobody to blame but themselves because they trusted EDIG again and again and again. Eventually that becomes to much for some who conclude they cannot be trusted in advance of tangible results which I do not believe have actually occurred. That is if they can be trusted at all.
All above in my opinion!
EDIG.has.been.on the verge.of greatness.in.every PR for.over. 17.YEARS! Don't you find that kind of "odd". I read every PR and saw the results. That is what they do they have made an entire career out of it for the lawyers, few company employees and financiers. They have made money shareholders have not unless they sold the few pops of investor enthusiasm which quickly wore off every time. It will be difficult to lure in new investors without any actual success.
This board has been about being realistic about EDIGs prospects. I researched what is means for an IPR to be terminated before a decision has been made and it is not a good thing for the patents. It leaves them weaker. IF EDIG went to trial before the PTAB rather than settle the PTAB would have taken the case to the end themselves which could have killed the NUNCHI patents as the IPAB does with almost all of them. Since they settled EDIG got to keep trolling for the small settlements they appear to have received as the financials have shown. Of course people want to make money off the stock if money is to be made but that is not happening.
IN my opinion.
EDIGs.27.year.history.of.coming.up.short.on.the.implied.potential. of.every.PR.despite.shareholders.best.imaginations will not be interrupted any time soon!
Just my opinion supported by EDIGs long history coming up short.
Did you ever look up where he got his "doctorate"! Snicker.
TINY NUISANCE VALUE SETTLEMENTS SINCE 2008! have enriched the company employee(s) lawyers and financiers but never the shareholders. Despite the fact that this has been going on for 9 years some folks somehow believe this time gonna be different. I get a chuckle out of seeing some folks continue to take EDIGs PRs implying potential at face value then expand on that using their wild imaginations. This is a very familiar routine that has been going on for well over a decade with shareholders. People buy the stock it tanks and they are left holding the bad and simply cannot believe that they were wrong in trusting EDIG. If EDIG disappeared tomorrow the lawyers and Fred Falk would have done very well making an entire career off greedy investors with wild imaginations. You have to admire how they were able to string the same investors along since before 2000! Sadly for the current investors there are not many as trusting as them willing to keep buying into EDIGs story.
All above in my opinion.
I think its just frustration at reading negative factual view points on EDIG and not simply being able to delete them. The idea is that if you have a "clean" message board then it will attract new investment because people will read all the positive only posts and be fooled into buying. Fortunately it does not really work that way.
Every year I have followed EDIG they have always seemed on the cusp of greatness. That is actually what they do and this is especially true when you consider they have been issuing their optimistic sounding PRs implying potential for over 20 years.
Like I said I actually do feel EDIG has another implied potential pump left in them so I am not completely bearish on the stock. Paying a manufacturing "partner" seems like something that would be easy for EDIG to do and allow them to puff themselves up once again. In my opinion.
Mr. murrayhill you nailed it!
mR fRed fAlk have been working for 27 YEARS setting up for the success that is to come if only shareholders would show some gratitude and learn PATIENCE they can SOON EXPECT to see the fruits of his life's work. I hope you know I have been just a BIT sarcastic. Of course they are full of it as they always have been. It does not mean that they cannot pull off another trick on the stuckholders to make it appear hopeful. Just read that FI board they are totally primed to pile more money into this junk with the right sounding PR. There is money to be made off them.
I think if you read the EDIG PR here>>>>
"The Company recently completed the industrial design phase of the project and continues to focus on firmware and software development."
http://edigital.com/edigital-reports-third-quarter-results-3/
You see the hard work is already done and all that remains is lining up a reputable manufacturing partner which I am sure EDIG can do for minimal cost. Possibly a profit sharing type of deal. The stock will then sky rocket as EDIG has proven itself. I will then promptly sell because sticking around holding this junk companies stock is a death sentence.
How about the Polis folks they certainly made bank loaning EDIG money! They went from near 10% owners to who knows now because once they got below 5% they no longer had to file. I expect they are done and have made their coin. Sadly many shareholder decided to believe and are left holding the bag. In my opinion!
Don't expect anything from the SHAM tmrw the PTSC folks exist only to preserve their paychecks until the company bleeds out its last funds as they always have. Cant you tell from their "PRs" they only try to protect themselves legally by saying nothing. They will try the case and appeal until the money runs out which is soon!
Just my opinion.
I forwarded that link to our friend Fred so he can sic Tony on the companies mentioned in the story that are STEALING EDIGs valuable technology. Go get 'em Tony! Bada bing!
In my opinion.
Here is the water thingee(tm) PR! ITS REAL and we gonna be rich once EDIG lines up their paid manufacturing "partner"!! The PR is from Feb 17 of this year so you know a breakthrough is imminent. From the PR with my bolding of the great stuff! IN my opinion>>>>
Smart home product development – Utilizing its patented intellectual property, the Company is developing a smart home product to monitor a household’s water usage, help prevent water damage and reduce insurance claims by detecting leaks and monitoring water pressure in real-time, assess water quality, and assist homeowners with water conservation efforts. Water conservation is a critical issue impacting the environment as nationwide water supplies become increasingly stressed and water damage claims cost individual homeowners thousands of dollars, and insurance companies billions of dollars every year. The Company recently completed the industrial design phase of the project and continues to focus on firmware and software development.
http://edigital.com/edigital-reports-third-quarter-results-3/
EDIG said they are going to introduce a water management device using sensors over the internet in a recent PR. I believe they said an actual product. EDIG has enough money to hire a contract manufacturing company to build a few I am sure. The hype will propel the stock skywards and I will buy and quickly dump many shares!
I bet EDIG lands a "partner" very soon and the stock spikes in price. EDIG has to do something to stay in biz so Freddie is going to get up off his behind and spend some of that remaining cash to pay a manufacturing "partner" EDIG can name in a PR to make their water thingee or other junk. How hard can that be there are tons of contract manufacturing companies for EDIG to "partner" with out there. They are just lazy that they have not done it yet imo. This will allow EDIG to sell them 50 million authorized but unissued shares they have so Freddie can return to sitting on his behind making a good living until he retires in a couple of years. He is so close to playing EDIG shareholders for an entire career he can taste it! I will sell on the euphoric EDIG long buying spree spike. In my opinion.
Sadly when EDIG comes up short on the money folks blame "the system" never considering the possibility that EDIG is a flim flam company that takes complicated tech patents complicated enough not to face judicial sanction and files nuisance law suits.....SINCE 2008! Why does EDIG not go to trial or finish the IPR process rather than settling for what appears to be $70k a pop? Folks seem to never consider the possibility that EDIG cannot be trusted even after 8 years of evidence that their type of settlements is never enough to raise the share price for more than a blip and keep them trolling along. They have made a career out of it. Good for them!
All above in my opinion.
posted on May 03, 2017 07:58AM
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Dich...Apple didn't do it , all Apple did was apply our system of government and law to do it, whiich involved a nasty judge.
We are victims of our system and not necessarily these big companies,, how does one fix that?
You don't fix it, you try to join in the game so that it benefits you. We've never had the benefit of being on the dishonest side of law.
It's a very sad state to have to think like this.
Last .005c folks! Time 2 sell before this goes back to .003!
FI folks are easy to fool as they are intent on fooling themselves. Throughout EDIGs LONG history investors have been looking for EDIG INSIDE(tm) every where seeking to find EDIGs "secret" partnerships which never end up actually existing (the so called "benevolent barracudas"). It is a sign of desperation not an investment strategy. A real company has publicly disclosed partnerships. There is simply no way a company like EDIG which has stated in their SEC financials that they are going broke has a super secret deal with Google that is somehow worth millions or billions that does not have to be disclosed. I only have EDIGs 27 year history of innovation that never enriches shareholders to a meaningful degree unless they cash out on a speculative bubble to go on so what do I know! EDIG has always been every where and ended up no where.
For the life of me I cannot figure out why EDIG has not come up with some BS "partnership" where they pay some company to make one of their vapor where patented technologies. It seems like it would be easy and light the stock on fire. If that happens I will buy early and sell not much later to finally make some money on this junk. In my opinion.
Hope U guys sold a halted stock is NOT GOOD it usually means very bad news. Just my opinion!
Stock appears HALTED! Usually means very bad news is about to be released. The company is probably going to announce they are folding. My opinion.
These judges want trolls like PTSC gone so bad that the judge in PTSCs case completely changed his own claims construction from the HTC win 180 degrees to ensure a construction that PTSC could not win under. None of the facts in the case changed and the arguments were the same. The district court judge in this case signed off on the new construction and it went to appeal. That judge who now has the case back still wants the case gone in my opinion and all he has to do is grant the defendants stipulation to non infringement. The problem as I said is "if the judge is not a total jerk".
There were 2 parts to the claims construction that PTSC wanted changed because they were determined by PTSC to be fatal to their case. They got 1 changed to what they wanted but:
"and whose frequency is not fixed by any external crystal.”
was NOT changed by the appeals court. That is why the appeals court said the minor modification to the claims construction "likely would not effect the outcome of the case". All PLLs contained in the defendants chips use crystals to set or "fix" the on chip frequency at a certain range.
The judge and current anti patent troll political atmosphere wants this case gone and all the judge has to do is agree with the new stipulation to non infringement I expect the defendants to file.
At any rate a trial and "win" would be years off even under the best of circumstances and that "win" would be for no more the $1.8 million PTSC got from the HTC trial AND it would be appealed so you are looking at YEARS. Companies are simply refusing to be extorted by patent trolls and are fighting on principle to the end. In my opinion.
ORDER REOPENING CASES AND SETTING CASE MANAGEMENT CONFERENCE 4-14-17
http://photos.imageevent.com/banos/ndocreopen/ORDER%20REOPENING%20CASES%20AND%20SETTING%20CASE%20MANAGEMENT%20CONFERENCE%204-14-17.pdf
Courtesy of "BaNosser".
I believe PTSC had to wait for the procedural steps of the appeals court handing the case back to the district court and the district court reopening the case which are formalities they have to do regardless of the merits of the case. This is PTSCs first opportunity to throw in the towel and the court says:
"If the parties continue to believe that the accused products do not infringe under the operative claim construction, they may renew their stipulation to a judgment of noninfringement
in lieu of filing separate case management statements.
IT IS SO ORDERED.
Dated: April 14, 2017"
Since the appeals court judges have said they believe the minor change in claims construction will not change the outcome of the case I expect PTSC or the defendants to renew their stipulation to a judgement of noninfringement.
If PTSC does not do so I expect this judge to agree with the defendants stipulation to non infringement as this was the judge that signed off on the initial claims construction which ended PTSCs chances of winning. In my opinion its over and this is simply a formality.
PTSC is failing because they have no future and even when they "won" the court case in 2013 they still got only $1.8 million from HTC. Of course that "win" was totally negated in a second trial before the same judge when he changed his claims construction to the total opposite of the first one he did which ensured PTSC could not win the case and they had to appeal. The appeals court changed ONLY PART of the district courts claims construction which PTSC said they could not win if it was not changed. That is why the appeals court judges said in their ruling that they did not expect the MINOR changes they made would change the outcome of the case. PTSC is dead man walking and will simply be strung along in court until they run out of money. Even if they "win" another case somehow, which will take about 2 years, the tiny bit of money they get will not help you. The "win" will then be appealed which takes another 1.5 years. Does PTSC have enough money to last 3.5 years? I do not believe so!
Anywho the PTSC stock price is not low because of message board posters pointing out hard realities or some manipulation operation by market makers. It is low because the stock is dead man walking and the companies communication with shareholders amounts to absolutely nothing just read their earnings PRs. They likely do this to protect themselves from legal consequences when PTSC finally runs out of money. The board of PTSC and the appropriately named Mr. Flowers exist to collect large paychecks because the future of the company is hopeless for shareholders. In my opinion.
We gonna be RICH!This time is different. Yup we so smart!
It is sad for investors to have to manufacture scenarios where they think that EDIG will make them rich over and over again for years. They always wonder what the companies super secret plans are. That is why when I listened to Pat Nunally's (dr ? snicker)conference call with investors in March of 2011 I was satisfied. He laid out a definitive plan stressing EDIG would not be a think tank but would rapidly commercialize their technology with partner(s) expected in the fall. That led me to give EDIG another chance as Nunally was quite convincing since he did not mince words. Of course that totally flopped like all their other BS. Business manager? Prototypes? If NUNCHI is so great how come EDIG cannot make an actual product? NUNCHI exists strictly on paper from all that we can tell and is simply a vehicle to 70K go away money settlements that keep our "friend" Fred and Tony (bada bing hand over the 70k and we go away!). In my opinion.
Actually I am surprised somebody has not bought EDIG for the tax write off from their 80 million of carry forward losses. I think maybe there are some new IRS rules that have prevented this but it used to be common.
If folks had trusted Steve Jobs over Falk they could have bought Apple at $10 a share rather than EDIG at $15. If peeps had bought the pot stocks last year they would be up hundreds of % rather than the eternal dead money of EDIG.
When our time comes, don't be Dumb Money.
https://www.reddit.com/r/weedstocks/comments/1xydch/market_maker_
A warning from an esteemed EDIGer. The warning in the link is about those "evil" market makers trying to steal your money but it should be about those flim flam artists at EDIG pumping out very specific method patents that are easily worked around to make you think you hit pay dirt. The fact is current investors are already "dumb money". Do you folks actually think that EDIG invented using sensors to inform decisions in 2011! Like everybody has been working on the concept for years. All the THOUSANDS of talented people at Google Apple Samsung and others have been doing nothing but sitting around and relying on the failed inventor the good "doctor" (snicker) Nunally to come up with it all for them! Sad to watch those folks delude themselves for decades. There is no limit to their trust. WHY would the EDIG folks play them? They have made an entire very successful career for over 20 years doing so. Financiers like the former board member Eric Polis family have made bank working with EDIG. Anywho long term shareholders will get what they deserve which is EDIG limping along on 70k settlements until they retire. When it all blows up they will shake their fists at the system and greedy big corporations and a corrupt judicial system for ripping them off and slink away. Many will simply die of old age. In my opinion! OUCH! Bada bing that's gonna leave a mark on the marks.
The FI folks are ripe marks easily plucked. In my opinion! I hope I can make some money off them.
Since EDIG only gets about $70,000 a company from what we can tell from the financials none of that will effect the company. The reason for this is $70k is chump change compared to how much it costs for lawyers to challenge patents or fight infringement in court if the case goes into the discovery phase which is lawyer labor intensive. Never fear our friend Fred will be able to chug along with the layers making bank until he eventually retires stringing along get rich "quick" greedy investors who think EDIG controls the intellectual property of the analysis of all sensors data over the internet! My opinion.
EDIGgers the only ones fooled by the PR? Its possible that after all these many years of EDIG PRs implying big things that never work out there are no more technologically ignorant naïve investors out there to buy EDIG stock. That may be true as far as actually holding the stock awaiting a financial result from the companies implied potential. Still there must be some momo traders out there or a penny pumper web site to promote the stock so they can sell their pre promotion bought shares. I will continue to watch for any major volume. I think most of the stuckholders loaded up yesterday and a little bit today. Some of them will have to transfer money into their brokerage accounts and will not get taken until they buy a few days from now once their money clears.
In my opinion.