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Nope zero debt is not only a fact but it's positive in edigs case. It means they have basically no reason to dilute the shares further nor any reason to borrow funds paying interest and granting shares to those lenders (wonder how many investors have complained about that?).
As I said zero debt means a lot all by itself. The company and it's shareholders have enjoyed the benefits of being debt free.
Coyote
Time & Sales - Thursday 7/24/14 Vol 54,770 Closed At $0.0385
Coyote
I agree entirely, to accuse eDigital of extortion when they file suit to protect their proprietary technology is ridiculous.
Interesting that many have considered eDigital irresponsible for not taking infringers to court years ago when they were not financially capable, now eDigital is an extortionist for doing just that...lol
Coyote
I reiterate my original responses and would appreciate you quit asking.
Coyote
I listed several items, the fact that eDigital has no debt was one of them.
There is absolutely nothing misleading about the fact that eDigital has no debt, and the fact that it is a positive as opposed to the alternatives.
Coyote
It's literally impossible for there to be a less than zero chance of anything good happening for eDigital investors.
Coyote
Saying that edigital has no debt "is" positive and is in no way misleading. I much prefer this to further dilution from selling additional shares to raise funds or borrowing money and paying interest.
This analogy is misleading, incomplete and a poor comparison. eDigtal has an engine, and is running. Compare that to other companies that are belly up, or using the analogy, junked, crushed and melted down.
Coyote
Yeah eDigitals doors are open, but no-body needs to invest more money unless they feel it's right for them. The doors being open is not ridiculous at all, I can only think of one or two investors who would prefer for eDigital to go belly up and lose their investment entirely, all of the rest would prefer to continue having a chance.
That's a true statement, for any company. Many companies had great products and were entirely unable to communicate to the public at large and subsequently failed. Having a good product "and" being able to tell the story is important to taking a company public. That's the business plan of many companies.
Doors open on a company are better than doors closed any day. This company and it's officers have only been accused of wrongdoing...funny no court has prosecuted them. Additionally many who've made accusations against eDigital and it's officers / board have never done a single thing other than accuse.
Why would an investor prefer eDigital to go belly up losing all of their money as opposed to selling their shares and at least get some of their money back? Food for thought
Coyote
Yes the information is the same but different, it's new and improved. Check it out again:
This is the question that I was responding to:
"All .... I'd like to hear any positive comments about e.Digital ... thanks in advance."
So I stand by the information provided. As for your myriad of questions, I agree with you on several points of view. My opinions of eDigital are not all rosy but don't believe that everything is bad either. Choosing to look at the possibilities of eDigital (and most other things in life) rather to dwell on the opposite is just the way things are for me.
Like I said the eagle is still flying...
Coyote
The new and Improved quote:
Time and Sales - Wednesday July 23, 2014 Volume 121,150 Closed at $0.041.
Coyote
Time & Sales - Wednesday 7/23/14 Volume 121,150 Closed At $0.041
Coyote
The request was for "positives" about eDigital...standing by the list of positives supplied.
Coyote
There are some positives as I previously posted:
They're out of debt, haven't found it necessary to increase the float for several years, they continue to receive settlements and the doors are still open which allows them an opportunity to become ultimately successful for the shareholders.
All are important, but the latter is, in particular. Just ask all the investors in the hundreds of companies that are no longer around which position they would rather be in...
The eagle is still flying...lol
Coyote
Time & Sales - Tuesday 7/22/14 Vol 62,990 Closed at $0.039
Coyote
eDigital "won" their case as evidenced by the fact that they received money from companies that they sued. If they had not won their case they would not have received any money.
Regardless of opinions, eDigital "won their cases" in court by receiving money from those they opposed, thus the term "settlement".
I know if I were to manage a company like Apple, with an overall reputation of "not settling" (particularly with smaller companies)I would not offer a settlement to eDigital and allow them to "win their case" which permitted eDigital to state so publicly unless there was a good reason which benefitted my company
Coyote
Fully litigating a court case is not necessary to win. Receiving money from infringers is "winning".
The statement that they are filing meritless lawsuits is simply not true. Every judge has the authority and ability to toss a meritless case...that's never happened to eDigital, so according to our judicial system they have merit. I think I'll consider their expertise rather than meritless claims.
One can have an opinion about the amounts settled for, but that does not change the fact that they "won their cases" and that the suits "have merit" according to those in authority representing our judicial system.
Extortion...? lol!
The only viable statement, eDigital did not win the markman in Colorado.
So to sum it up, they filed cases that are considered to "have merit" according to those who do this for a living. They've won most of their cases by accepting settlements offered by those who were being sued. It's "not extortion" which is considered illegal to those who do this for a living, otherwise someone would be in prison...
Coyote
They're out of debt, haven't found it necessary to increase the float for several years, they continue to receive settlements and the doors are still open which allows them an opportunity to become ultimately successful for the shareholders.
All are important, but the latter is, in particular. Just ask all the investors in the hundreds of companies that are no longer around which position they would rather be in...
Coyote
Time & Sales - Monday 7/21/14 Vol 81,710 Closed at $0.041
Coyote
Time & Sales - Friday 7/18/14 Vol 19,800 Closed at $0.0371
Coyote
Time & Sales - Thursday 7/17/14 Vol 243,600 Closed at $0.037
Coyote
Time & Sales - Wednesday 7/16/14 Vol. 208,520 Closed at $0.038
Coyote
I wasn't referring to any one individual posting about stock sites being used to "Pump & Dump" eDigital. Here is an exerpt from one particular post:
"Great ..soo the stock hype sites are bullish on edig. With the PPS in the toilet maybe we should see a spike of 2-3 cents in the upcoming weeks as those follwing thos sites jump in and out of edig based on the hype that will spike it..."
Coyote
Time & Sales - Tuesday 7/15/14 Vol. 16,710 Closed at $0.039
Coyote
I don't know, that could be true, but that is "many years ago".
I continue to hear (for months now) claims that the stock is currently being pumped and dumped by "pump and dump" websites and that is what is supposedly propping eDigital up and preventing the PPS from falling.
Coyote
I've heard the opinion expressed many times about a supposed pump and dump scheme that keeps eDigital afloat and makes traders and or management rich at the expense of others.
It would be interesting to see any "pump and dump" website that has recently had any effect on eDigitals PPM.
Coyote
Time & Sales - Monday 7/14/15 Vol. 64,870 Closed At 0.0459
Coyote
What anyone thinks/believes about eDigital, has no relevance with regard to the patent/approval process. eDigital as a company must follow the rules just like anyone else.
Coyote
You can't patent an idea. You have to patent a description of an actual working device that could be made (even if nobody in the world has actually made it yet).
Patents are very detailed documents, because you have to describe all the things that are new about your invention but without infringing any existing patents, and you need to cover every possible application for your invention to stop somebody else patenting a similar device. Remember that when patent is granted, the patent documents are in the public domain so anybody can read them - and large research companies employ teams of people who spend all their time reading patents, looking for "missed ideas" they can exploit.
The actual documents are usually written (in what often seems like pseudo-legal gibberish!) by specialists called Patent Agents. Getting this done costs money, of course.
Coyote
The topic is eDigital's "Nunchi patent wording".
Coyote
Vague gibberish? I don't think its coming from the patents, as you can only patent something real. Following is a response to "How vague can a patent be":
You can't patent an idea. You have to patent a description of an actual working device that could be made (even if nobody in the world has actually made it yet).
Patents are very detailed documents, because you have to describe all the things that are new about your invention but without infringing any existing patents, and you need to cover every possible application for your invention to stop somebody else patenting a similar device. Remember that when patent is granted, the patent documents are in the public domain so anybody can read them - and large research companies employ teams of people who spend all their time reading patents, looking for "missed ideas" they can exploit.
The actual documents are usually written (in what often seems like pseudo-legal gibberish!) by specialists called Patent Agents. Getting this done costs money, of course.
Big difference between vague gibberish and processing in a professional way.
Coyote
Time & Sales - Friday 7/11/14 Vol. 55,200 Closed at $0.0439
Coyote
Time & Sales - Thursday 7/10/14 Vol. 25,480 Closed at $0.036
Coyote
Time & Sales - Wednesday 7/9/14 Vol. 370,870 Closed at $0.039
Coyote
Time & Sales - Tuesday 7/8/13 Vol 587,450 Closed at $0.039
Coyote
If it takes a lot (and it should) then eDigitals complaints must not be frivolous according to the standards of our judicial system...
We do not just have the Flash R portfolio, but also potential moving forward with Nunchi and our other new patents. So CONGRATUALTIONS TO FRED FALK AND HANDAL! They are making it "possible" for all investors to succeed, without floating more shares or borrowing money to do so.
A chance is a chance, better than no chance at all.
Coyote
If the suits were meritless, the court has the ability to (and in my opinion would) dismiss them.
Patent extortionists...? So if eDig or any company for that matter "wins" a settlement regardless of size they should definitely consider that a loss...lol
Congratulations to Fred Falk and Handal & Associates for so many settlement "wins" and staying in business without borrowing money or adding shares to finance doing so!
Fortunately eDigital is still in business (unlike so many others) and we still have an opportunity to succeed. Any odds are better than none. Just ask investors in all of the tech companies that went belly up, would they rather be belly up or in our position?
Coyote
Time & Sales - Monday 7/7/14 Vol 90,690 Closed at $0.041
Coyote
That's False. eDigital is merely suing companies that are using it's tech without a license. And they're winning, defendants are paying them money to avoid further litigation.
Coyote
That's False. A defendant can "settle" for what ever reason they want. They nevertheless "settled". They gave money to eDigital and in return avoided further litigation.
Coyote