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Great CYA eom
JimC kindly shed some ligfht on what I believe is a interesting topic .
when Jim collier was president & COO I recommended to him ,that the company think about selling preferred stock directly to the share holders ,at a dividend return rate of say 5-10% .Thus ,sufficient shares could have been sold to wipe out the debt & use the excess for working capital . Obviously this fell on deaf ears & I recommended that within the last 60 days .
Now they turn around & offer the preferred to other than us .What do you make of their reasoning ,to take that action?
ucansee --do you really think that you can expend the energy & time that I can ? Lies come from those who lie a lot --have you looked in the mirror recently .
regarding edigital stock --all I am doing is telling it as I see it ,in my opinion If that is what you need to tell the bashers ,then go right ahead or will you slant ,twist & mold it into some thing else ?
OT ucansee this is exactly the issue with you . You take anything ,blow it up & out of proportion & make a issue out of it .Say you probably missed your vocation ,as a cub reporter following up & coming stars sex lifes . Your investigative talents looking into your crystal ball ,tea leaves & tarot cards will server you well in this capacity .
So whats next for the most vindictive ,vinegar personality on these boards .God you make truth or fiction look like a saint .
DABOSS it's sad that there are those here who started personal attacks . Simply read the posts ;but go back far enough . It is not my style to have endless debates .However ,the attackers decided they must consistently attack ,expecting that I would refrain . "If" these so called gate keepers were more civil ,this forum would be more civil . I also warned them them early on ,that by creating a hostile environment ,they would risk a RB situation .Thus ,look to them & not me for the root (pun) cause
PS you saw the name calling on RB --now look at the name calling here .Again ,it is sad that grown adults stoop to that level
Tenderloin understand your reasoning .However ,this just added some more fuel in my fire .I just don't like management side steping over & over .Thus ,my personal decision is final . Now ,I must consider the timing factors .Another bothersome fly in the oinment .
Todd simply another ? in among many ???????????? .Sony is in the IFE industry .Would suspect that their reports show the info to share holders .JMHO
DABOSS curious --why all the secrecy about who that major airline is ,that was reported to have placed the first IFE order ?
arkie think that you are on to some thing . Another excellent post,arkie.
LL maybe you misunderstand .When i said I have the trigger pulled --that means that my limit sell orders are already in .The CES hype should serve us well ,JMHO
24601 you know I really find this interesting .When Jim Collier was still the Pres .& COO ,I recommended that the company seriously think of retiring all the debt by issuing preferred stock to the share holders & pay them a 5 -10% type yearly yield . Now we see for the first time a preferred stock offering but not to the common share holders . Not only ,imo could the company have raised the required capital, to pay off the debt ;but could have had additional working capital & without diluting the common share base .Well so much for that .Now Wondering why they give these folks the preferred & didn't first offer it to us ?
Would any one on this board want to comment about this ? Bill/LL care to reply to this question /
24601 we will find all the details in the SEC report .eom
sentinel /Todd --good for you .Yes ,i agree that the upside in the next several weeks is for a higheer pps .I have the trigger pulled .
volume is up . when will the pps go up as well ?eom
DABOSS don't you want to read the full disclosure in the SEC filing .I know I do .If its all what is reported ,then it is a first positive step .
Billie boy you seem to enjoy endless debating . Are you really a lawyer ? If you are a lawyer ,why are you dodgin gmy question ? I have my doubts, due to the fact ,of the time that you spend on these boards .Well?
Billie Boy .Can't refer to you as a lawyer ,any longer & give you any credit because of that .
Its hillareous that you spend so much "lawyer "time here .How do you make your living ?
--searching minds with great logic seek your reply .
Sabre/Dick --there is no glee in that post .What it spells out loud & clear is not only the sells are more than the buys ;but this volume certainly speaks volumes of the discontent .No I have no hidden agenda ,whether you choose to believe it or not is your choice . My agenda is clear --my sell limit orders are placed .I still believe that the CES hype will give me the opportunity to sell at a higher price .
And yes I plan to hold 50k shares for nostalga & to see how this entire saga unfolds .There are other reasons as well but not to go into here .
Dick you haven't been around long enough ,to see the withdrawal of many longs .There are many more who have sold ,than post here & on the other boards during the present.Yes ,they can reappear as investors ,if & when they not me determine the right time to do so . Askyour self the questions .I can't help you there .I made my own decisions & just will never listen to board hype or bashing .Imo its not even a fair sounding board , to base investment decisions .
This is a pure form of a style of entertainment .Sometimes the entertainment values are better than others .
BTW --not being given the password to the edig private room is of no concern to me .In the space of time ,this is not even a spec on a computer chip . FWIW -- I am analytical & pragmatic .This is my style.
PressESC --we would trust they would .however ,is it mandatory under SEC regulations ,I dunno .Possibly someone --oh I know who, LL can tell us & point us to the link ,either supporting or not that management make this public .
Oops pps .1950 --off .025 on 351,100 share volume at 11:10 ish EST . Volume increasing into CES ??? But Bless your hearts LL & D.inkie for youer support .
We all can't be retired like me .Hmmm --wonder how the workers ,for their companies, have permission to post, on here from their company computers or do they ?
Inkalong dinkalong --it rhymes .Now the music Lalalala --hohohohoho LMAO out loud
tugs add to that list the broker theives supporting their analyst ,banker positions .Don't ya just love it "NOT" .Do we have a formidable enforcement agency to keep these high profile crooks in check ? The last I looked there is no new SEC diretor .How about that $1.5 billion slap on the rist / And where does that penalty money wind up ?
Are we leaning toward the brink ? Has the Goose that laid the golden egg been slaughtered ? Will the folk who trusted their retirement monies into their company stock be able to retire ,from their long hard working careers ? To me these are serious questions that require action by us --citizens of our beloved country .
Inkie --we will see who has the last laugh & who gets to make bank deposits . Now ,is the time to enjoy . Happy New Year & may the Blessings be upon you .
tugs since you were there .Do you recall how long it took from the depression ,to break even in Non adjusted inflation dollars? BTW & FWIW it took into the 80's to break even ,for inflation adjusted dollars .
It's really a sad & shamefull that here in the USA ,we are subject to the likes of junk bond thieves ,S&L thieves & Now & most recently Corporate thievery of hard earned investment dollars .
BMPSKR yes on a temporary /short term basis imo This why the majority of my stock is for sale .Yup,I have placed the limit orders . But just for braging rights & nostalga ,I will hold 50k shares.
ieyejack --sorry to say but not far from the truth .eom
When you get over your problem ,we can talk ;but please take your meds .
Are we invested in a company whose objective is to merely survive in the short run ? It seems to me that high interest payments & issuing stock, at paltry pps is not in the best interests of the individual investor .
The SEC report has been filed about the 2,916,101 new shares,sold Dec 24,2002 ,from the original shelf registration .To look at this report ,go to post # 1092922 on the RB board for EDIG& follow the links .To whom & why these shares were sold is illuminating .
Packers thats the best answer to the naysayers .eom
SDR I don't appreciate being called Cliffy .that is not my given name .To address your acqusation ,don't go there or you can go to the SEC --neither is important to me .but be prepared to defend it
doni --if you are trying to bait me .Well it won't work .As you said you have things to do .
friendly --thats the way it reads. Another debacle & LL wants everyone to understand that his DD is made in Heaven out of pure gold .
No doni --thru friends & my CFP as well .they follow these pennys as a hobby .But just do me a favor ,don't try to make more of this .
Keep laughing until the fat lady sings . ROTFLMAO
LL you are 'always " in a combative posture .Doni simply asked me a question & I answered him .But you Bill have the audacity to jump in & immediately make & take issue .
You wouldn't last in a confrontation with the bashers on RB .Sorry ,I recommended your style to them .LMAO
doni I have friends in informative positions .But it was NOT insider info that led me to edig . My investment banking contacts have info that many investors would sell their eye teeth to come by ,ie .
bomba yup & sad .eom
LL I have just given you a grand entry declaration over on RB .Seems like the bashers are going to welcome you with open arms ,to convince them of your expert DD on edig stock . Please be at your best ,we need converts .