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FF..Whats up ??.. I got it figured out...Between patients, and just before he posts...Daboss takes a big wiff of nitrous oxide to put himself in never never land. There is just no way a rational thinking person can not clearly see that edig has bull$hitted and misled shareholders on a huge scale all the way up to the moments after the proxy votes were counted. And then and only then did edig come clean about the digesystem and every single expectation that they have fed hungry shareholders over the last few years AND FAILED...period. They had a legal fiduicary duty to inform shareholders of"events" before the voting was done. I'm gonna get um for that..
MR..If that ever happened I would drop dead from shock..According to RP..."we encourage our people to do so" LOLOLOLOLOL..They know better than anyone that they would be throwing their money away....
Boyer more than likely can't understand why Falk and his crack sales team of just himself cannot close one friggin deal.
Putnam speak even added to the financials ..they are scum..They misinform and mislead as much as they can..FOR..if everything came out into the open...you would have to shake your head in incredible disbelief..which is not the same as Falk shaking his head like a bobble head at the SHM.To me..Cass..you put things into the proper perspective which shows how mismanaged the company really is and how deep the hole that those imbeciles dug for us all is.
HH
TOMMEEEK...Just because edig is an otc bb company..It does not give management the right to mislead shareholders or to withhold vital decision making events from them until they see fit to tell them..Ethics are ethics...PERIOD..
HH
FF..the Digesystem is a particular sore point that I have to make... I asked both RP and Atul to come clean about the project...The only answer I received was from Putnam. His reply at least a half dozen times was..."we continue to work with Wencor".. I also threatened Atul and Putnam with litigation if they waited till after the SHM to come clean about it... Guess what... They got their shares and they got their raises... Then and only then did they come clean... They could have been honest to shareholders before the proxy vote.. I am totally sure that there has been a serious breach of their fiduicary LEGAL duty to tell shareholders so they could be better armed with the truth.. I truly despise them and will be making it my job to make their lives a living hell...Its just a taste of their own medecine..
FF..Way to go.. Some people still just cannot understand... At the shm..MANAGEMENT.. in all their splendor..actually told shareholders that THEY HAVE FAILED... And came clean that everything that they have falsely misled shareholders on for years are JUST AIN'T GONNA HAPPEN !!!!!Along with ignoring the most important questions that concerned shareholders have put to them...They are bullshit artists of the highest calibre. None are better. They have ran out of spin... Cass..that post was exceptional...JUST THE FACTS .. Did you get my e-mail??????????
Hh
Cass,,the cost of a patent application I believe is considerable...There should have been some sort of numbers in the financials for monies paid for filings and lawyer fees. I believe that RP was pulling our leg once again... He is truly a sham.
FF..I thought it was funny...When I had a meeting with Atul one year ago, I could not understand wtf he was saying three feet away from me...Putnam laughed at me when I told him about that and remarked..that is why we do not let him talk...Several things happened today that should tell shareholders that edig management are low class and do not give a hoot about shareholders....First...Warden and Cocumelli have insulted shareholders big time by not being present.. Hell..they only had to show their faces once in twenty months.. Second...for Putnam to finally admit that edig is not involved with the Digesystem is pure bullshit... It is all too clear that they waited for the additional dilution and the pay raises to be approved before comming clean on this issue. Putnam could have clearly informed shareholders in advance of the proxy. For Atul to finally admit that the company has failed in its endeavors is too little too late... Why did he wait till after the proxy vote to announce this revelation. I now have a great idea..Instead of all the shareholders who control upwards of ten million shares who back Mr. Dobson on a shareholder on the bod... I say that each of the one hundred shareholders gives what it takes to hire an attorney to disgourge the millions of dollars that Falk, Putnam and Warden made from the trumped up NASDAQ listing. The company will go nowhere... THEY CANNOT WALK AWAY WITH MILLIONS OF SHAREHOLDER DOLLARS..What few people left that are still wearing the rose colored glasses..don't even bother responding to this post....
Anyone read Lawyerlongs posts on Agora.. He goes away for months at a time and then comes out of the the closet to spew his enlightened opinion of how all edig shareholders should behave. In his god like grace, he admonishes all shareholders to refrain from meddeling in edig managements affairs. He truly is a piece of work... It seems that he has fully recovered from the surgical removal of his foot from his mouth..although I believe that he will have a recurrence of the same malady...The symptoms are exactly the same.. What sort of person could believe this man..
HH
Four..count um "EXPECTS" in the first paragraph..Please people..call these flim flam artists and tell them to get out and let management with ethics run the place... ALSO..what happened to the "expected news" before the shm..
It is sad.. those that believe that the shares are for something else other than to pay the worthless salaries of an inept management and to pay the rent must be brain dead. Management past and present has pizzed away tens of millions of shareholder dollars on their various business plans that have failed. They have failed shareholders..AND now they want a raise???? Speak up people..
Good post by Danl on AB. It seems that a clearer picture of edig is being painted every day. They have hidden info from the common shareholder under the guise of non existant NDA's , yet the knowledge of further dilution was known by some...Edig management needs to be held accountable for their actions..NOW
http://www.atomicbobs.com/index.php?mode=read&id=75466
APD...And they want shareholders to approve more management compensation.
HRH...got it.. reply in a few..
Hh
Hey Al..Fred and I might not be the brightest crayons in the box.. So please help us...what is the reason that you do not feel like you have not been flim flammed by edig...Was it the failed guidance that has presistantly reared its ugly head. Was it the 100 million shares that will be sold to "friendly investors" over the next couple of years. Maybe it is the previous "friendly investors" who will get millions of free shares when edig has to give away millions of free shares because the price of a share will be under 19 cents.. Please... enlighten us both as to why edig's future is so bright...We gotta wear sunglasses....LOLOL... Wake up bruther..it is time to put the squeeze on these con men...Join us ..do not be in denial.. Lets make these people realize that the status quo will not go on and on and on...
FF..LOL..A certain Longwinded Lawyer on the other board..probably has still not been able to remove his foot from his mouth... AND..his predictions have had the same accuracy as edig's guidance over the last several years.. A lot of shareholders are starting to wake up to the fact that edig management has grossly trummped up business prospects in order to placate shareholders.. Time has now run out for Atul.. The fat lady is singing..
FF..I welcome jtdiii as a board member. He seems to be a no nonsense person. He and his friends and family have a large stake in edig. His presence there would keep management on their toes.. He would put a stop to the never ending bullshit spewed forth by an inept management team. He would help effect change...(hopefully the departure of FF/RP) And if he sees any malfeasance, he would be able to rapidly muster shareholders.
Fred..this is from the company's PR dated 12/22/04...these are Atul's exact words...NOBODY on a message board embellished his words.. They have been pulling the wool over shareholders eyes for years... They cannot be trusted on anything they say. Their whole existance has been one of smoke and mirrors with themselves and their friendly investors putting investors dough directly into their pockets. Every PR they released has the good things are about to happen right around the corner statement in it. AND NOW they used up everything..PUTNAM MUST GO...FALK MUST GO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Concluded Anandpura, “This past year, we positioned our engineering resources, technology platforms and business opportunities for revenue and margin growth. In 2005, we expect increasing orders from customers in the travel and leisure industry. We also expect to announce new customers for next-generation versions of our video/audio technology platform from both inside and outside of the travel and leisure industry. At the upcoming Consumer Electronics Show (January 6 – 9, 2005), the next generation of our video/audio technology platform is scheduled to be unveiled in private meetings by e.Digital and by a large unannounced Asian customer. Both companies are scheduled to hold meetings with certain current and prospective customers. We expect significant business from this latest version of our platform will be announced within the next two quarters. Because of this and other new business developments, we are hiring additional engineering resources to meet increasing business demand. We look forward to releasing further business updates with revenue guidance, and announcing new business developments next quarter and throughout the coming year.”
And Putnam will give you a straight answer????????????
FF..I do not agree with you on this one..RP is straight forward with shareholders...NOW.. They know their expectations, and talk of large oems will get them nothing.. The truth is that edig management (believe it or not ) is plain out of bullshit. Their backs are against the wall and their very existance is on the line. In my last civil conversation with RP almost two months ago, he still gave me the run around when I pressed him about Wencor. When I saw that topic was getting me nowhere, I changed topics to all the oems that they have that we never ever get news from. He assured me that the really did exist and that things were progressing nicely and they look forward to releasing news"SOON". Robert is a lier, a spin artist,and a fleecer of honest men and women. You should never try to pick a fight with him because his arms are so powerful from all the years of shoveling bullshit
The people on Agora are once again, in denial..In addition to the removal of Falk and Putnam, whatever perks there are are also to be taken away.
If the shares are denied.. the complay will fail and all will be lost.. My solution is to give them the shares and fire Falk and Putnam, and bring sombody in with more than two brain cells to management. We are now talking about the very survival of our investment.
I think so too..It will pass..It is either let them try again with the small chance of them actually closing a decent deal ...or loose everything...BUT for it to work...management and the BOD should be replaced..
HH
Their jobs have to be denied to them..It should now be more than obvious to even the most loyal shareholder that FF/RP/Atul have lied and misled them for years. They have enriched themselves and could care less about shareholders...UNTIL now....The cult is now pissed off.. and edig will be soon on the receiving end of the large shareholders..friendly investors who will loose their investments..even though they made serious dough shorting the stock...They too will not want to loose their investment.
FF..true..the company could not even come close to telling shareholders the truth. Digeplayer IS dead.. The 650 K for the latest order is more than likely for Amtrack.. There has not been a new airline in months.. Wencor has other plans..It seems that the patent pending ..LOL.. hardware encryption so highly touted by edig has no clout with IMS. Things ain't looking so good right now..You can also bet that there are no solid developments with the KINO..
One more thing.. for all shareholders who believe that edig still has about 30 million shares to sell are wrong. Those shares are controled by the "friendly investors" who stand to get millions more free shares when edig sells more shares below nineteen cents. The bottom line is...if the 100 million shares are not approved..the company will fold..there is nothing more for edig to sell at this time. The hasty departure of RP/FF has to happen NOW..
This on Shepard page today. I have been talking with them for a few weeks and have explained how edig management is possibly trying to cover up the demise of the Wencor /Digeplayer contract. Mr Brandon Gallagher has promised to help us get to the truth.IMO , the digeplayer is soon to be put out to pasture..
http://www.shephard.co.uk/Inflight/Default.aspx?Action=-1000945703&ID=31ac1ad8-c0b2-4ffc-99db-b0...
A $750,000 order to soften the blow of a 100 million share dilution???? You do not get much more pathetic than that..
FF..I want to more than anything...I will be starting Spiderman 3 about that time..It all depends on exactly when... I personally would love to do something violent to Falk and Putnam...(alas..not my style)... They have the gall to ask shareholders for more shares without offering them any compelling reason other then they will go belly up without them... SHAREHOLDERS ABSOLUTELY HAVE TO INSIST THAT THE NEW SHARES ARE CONTINGENT ON THE SPEEDY DEPARTURE OF FALK AND PUTNAM..AND THE HASTY RETURN OF ATUL TO ENGINEERING...A NEW HONEST SAVY MANAGEMENT TEAM SIMPLY HAS TO EMERGE FROM THE ABYSS THAT THE CURRENT TEAM HAS LED SHAREHOLDERS INTO
FF..no rotten tomatoes.. they are boiler room low lifes..
FF..that post was the post of the decade.. Some who rehash months old PRs thinking that the guidance was anywhere near accurate needs to get a reality check. The company has had a 100% failure rate in all its communications. Hopefully through the endless numbers of pissed off and enraged shareholders, some honesty will start to emerge. Hopefully the likes of Putnam and Falk will vanish into the used car salesman black hole that they came from. I too have vowed to eat a double helping of crow for my blasphemy, but alas..I am always right..and that is truly sad. My personal disdain and disgust for edig management is beyond my very civil temperament. Because...now.. I (and all shareholders should feel the same) feel like a sucker.
Cass..one more question...Do you know of any way to get in touch with Rene Warden ?? Shareholders also need to convince her that it is not in her best interests to accept the undeserved position of a board member.. Because if she does not do her duty to the common shareholder, she will have to answer to all of us..
TIA
Sister..you got dat rite...EDIG management treats their shareholders like $hit...That is why all shareholders who are sick and tired of the carrots...the double talk, the lies and misleading statements, the non existant NDA's, the guidance that is wrong 100% of the time ..every time..NEEDS TO CALL THEM ON IT AND THREATEN THE HOLY $HIT OUT OF THEM...AND MEAN IT!!!!!
AB..IMO..Wencor's purchase of IMS is for the embedded system. The TDL is exactly what they need. The portable DP is too much of a burden for large carriers to mess with. There is.. however..a need for the portable player for small airlines.. There could still be a market for edig's player for the small fleets..Unless the IMS engineers can come up with their own security system. All concerned shareholders simply must communicate with edig and demand to know the truth..It is my opinion that they are keeping bad news away from shareholders during the time that they want to massively dilute. They are low class scum.. do not sit quietly by while through their own ineptness edig management screws their shareholders AGAIN....
Cass..well said.. edig management are a bunch of dweebs. They should come to work in clown suits..cause thats what they are..
FF..even when you think that the company cannot mislead shareholders any more than they already have, they sink to new lows. IMO, I believe that the company will not come clean to shareholders until their 100 million new shares are approved...AND THEY WILL...Why???? as long as they keep telling shareholders that they "EXPECT"...people hold on to the hope that they will at least get their money back. Without the new dilution, the company will cease to exist and the "friendly investors" will somehow get the company and its IP. (whatever good that will do them...cause the friendly investors were only in edig to fleece common shareholders).Edig management in its current state is as pathetic a group of people that money can buy.
All concerned shareholders need to bombard edig demanding to know the truth. The IMS/APS news is out.. Now for some truthfull answers.
That is probably why there has not been a new airline announced in months.And why the share price sits at multi year lows with no trading volume..And the down playing of IFE in recent company announcements compared to what they have been saying about IFE last year. Time for some straight answers from Atul.