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DABOSS...NO MANDATORY DILUTION ON JUNE 3OTH...
Here is the company's statement on what may happen on June 30th...
Regards...Gilgamash...
Subject: Robert just called back
From EDIGOKIE
PostID 249290 On Wednesday, April 23, 2003 (EST) at 6:52:04 PM
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We talked again about the shares for June 30. I guess he and Ran realized what all the hulabaloo was about. The financing agreement from last year will require the registration of shares unless the approx 2 million is paid back or renegotiated. Robert reminded me that the shares, IF REGISTERED, would be at the .19 level per the agreement. Recall the agreement was at .22, but the price dropped and settled the registration amount at .19. That would equate to about 10 million shares if the company goes that route. Robert also stated these are investors who are friendly to e.Digital (as in Nevada Plasma Antenna) and have worked with us in the past. They hold a lot of shares already and may not desire additional dilution and, thus, may opt for some other agreement. The key is revenue and Robert assured me that is e.Digital's total focus right now. All in all I feel very good at where we are. Yeah, I know, some will accuse me of being Pollyanna. So be it. I have renewed confidence and will definitely continue to hold. Would buy if I had the cash. Do your own DD and make your own decisions. Good luck.
Kirk
Gee, thanx Cassandra...
If we did learn how to read these forms, then what would you do? what would you do?...Lol...
Regards...Gilgamash...
9miles...Right on...
I am with you...Got a bunddle today and yesterday...
Regards...Gilgamash...
To inetersted shareholders...
In the "New" version of 0-1000, Edig solves a problem, and adds a new feature...
Regards...Gilgamash...
http://www.agoracom.com/nonmemforum/msgreview.asp?id=248442&refid=248432&orig=248176
jwperk1...You are right of course...
The two have nothing in common...
If you are credit worthy, you go to your friendly banker, and sign up for a line of credit...
"Letters of Credt" are a "Commercial Instrument" used for expediting trade, particularly International Trade...
If you want Digital Way to produce 10,000 0-1000's for you, and it is the first time you are dealing with them, they will ask for a "Letter of Credit" to be delivered to them from a reputable Bank, certifying that you are good for a sum certain.
Such instruments are commercial paper. They are negotiable. They are the next best thing to cash, or a Cashier's check.
If you recall, Hi=Tech could not come witha letter of credit to give to Hang-O for the original TREO, and that was why it was not produced.
Regards...Gilgamash...
Austonia...
Her Gobelz would be proud of you...
The best way to fight the truth is to engage in name calling.
Since I do not stoop to your tactics, I will merely note that I assume you read other Boards besides this one. Particularly, since you are all over the NET decrying EDIG products...
If I am right in my assumtion, then you must have read the following post by SGE on April second...
Subject: Just talked to Customer Support
From SGE1
PostID 245578 On Wednesday, April 02, 2003 (EST) at 1:14:20 PM
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Was inquiring about ID3 firmware upgrade availability..won't be available for a couple more weeks. Asked about sales, and was told that the second shipment of O1Ks are sold out. This second shipment was not 1000 units, but some lesser number - possibly just 200 units as I was told that they are ordering incremental deliveries of 200 at a time so they don't have a lot of inventory on the shelves. Next increment (of 200) expected to arrive next Monday. Very positive attitude by lady responding to call, says things are happy in Poway.
Haven't posted for awhile, as not much to contribute.... However, it appears we are past due for some kind of (good) news, as another qtr has ended. Disappointed (as all) with PPS - and I thought I was so smart when doing big averaging down buys a couple of weeks ago (most at .225 - 120k shares)! Still feeling secure (as one can these days) for the long run. LL's 2005 expectations looking more probable all the time, but (again, as all) hoping for a 'warm fuzzy' move up before summer with anticipated announcements.
SGE
Mr. Austonia! Did you see that post? If you did, which part of the "...won't be avaiable for couple of more weeks" you did not understand.
Or, is it you who is lying about not having been all over the NET knocking down 0-1000 based on your allegation of its shortcoming in ID-3 tag system, and then when that was being resolved you sold yours to claim some other nebulous dissatisfaction with it...
Regards...Gilgamash...
ucansee...
We have six in our family, TREOs and 0-1000s. All are great.
Even Austonia was happy with his 0-1000. But, since he had written all over the NET faulting the ID-3 tags, when that was fixed by a new firmware, he was compelled to sell his to save face...Lol...
Regards...Gilgamash...
P.S. to Cassie...
Which part of "...has already issued to us," you do not understand?...
Regards...Gilgamash...
CASSY...As usual...
You misstate facts to suit your own purposes...
Eclipse by Fujitsu 10 has already issued to us an irrevocable letter of credit in the amount of $800,000. By receiving a letter of credit from our OEM customer before we begin building product we minimize our working capital requirements to fulfill the terms of our existing contract as well as additional following orders from these customers.
The above is a quote from Mr. Furman.(see, post 34104 for more complete version.)...
There is nothing there to justify your outrageous attempt to minimize the fact that Eclipse issued a letter of credit to EDIG, and not some other entetity. And we know what a letter of credit is, and do not need your pontification to teach us economics 1A...
If you have proof that the letter of credit was issued in the name of DigitalWay and not EDIG, as you contend, then post it. Otherwise, post an appology for your attempt at obfuscating the facts to insult the intelligence of those reading these boards...
Regards...Gilgamash...
BMPSKR...
You can think what you want...I have reason to beleive otherwise...
Why do you think Eclipse gave Edig $800,000.00 letter of credit?...
Regards...Gilgamash...
What follows is direct from Eclipse site...
QUIZ for all the NAYSAYERS...
Is there a potential for use of 0-1000 with the system described?...
Pay special attention to the underscored parts...
Regards...Gilgamash...
ECLIPSE COMMANDER
Superior Voice Control and Playback
The Commander incorporates state of the art
Voice Control software from Pronounced Technologies, the leader in voice activation and speech recognition. Using this software, the Commander enables you to control a variety of functions by speaking preset commands. Unlike other voice recognition systems that require training or recording of your voice, the innovative technology of the Commander enables you to speak naturally, and responds to your commands quickly. In turn, The ECLIPSE Commander speaks to you in a pre-recorded human voice that asks questions, confirms commands and reads out street names, directions as well as names of businesses with clarity unmatched by systems that utilize a synthesized voice.
Control Multiple Functions by Voice
The ECLIPSE Commander gives you the ability to control convenience, information and safety functions without pressing buttons or being distracted from the task of driving.
Voice Command Audio System Control
The ECLIPSE Commander gives you complete control over your audio entertainment system. Select different radio stations or music sources with the convenience of voice commands.
Voice Command Volume and Power Control
Voice Command Radio Station Selection
Voice Command CD and CD Changer Control
Voice Command Navigation System Control
The ECLIPSE Commander can give directions, turn-by-turn instructions or find places of interest from the vast database of information stored on the accompanying territorial Map CD.
Accurate Map Database
Flexible Routing Options
Intelligent Route Guidance
Turn-by-Turn Instruction
Re-Routing Capability
Customizable Locations
GPS Activated Compass
Services and Places of Interest
Integrated System Operation
Auto Entry Correction
Simplified Software Upgrades
Voice Command Hands-Free Cellular Control
Add a cellular phone control cradle (available for some Nokia cellular phones) and the ECLIPSE Commander becomes a hands-free communications system, with the added benefit of total voice-activated operation.
Place, Receive and End Calls
Automatic Phone Dialing for Services and Places of Interest
Phone Number Memory Storage
Clear Communication
Voice Command Vehicle Function Control
The ECLIPSE Commander adds to your driving convenience by enabling you to control certain vehicle functions using voice commands.
System Security
Convenience Without Distraction
Unlimited Control Options
NEVER SAY "NEVER"...
Regards...Gilgamash...
Tinroad...HEAR...HEAR...
STATED WELL....
Regrads...Gilgamash...
MATT...PREGO...
Regards...Gilgamash...
O.T. DABOSS...
DEAN...
The following quote from your post is the saddest part of the "Mind Games" played by the likes of the person you have addressed:
"As for your effort, your endless attempts to diminish shareholder value, 24/7, is harming thousands while you try to distract from a company not only surviving this economic downturn, but emerging a leaner company with more business prospects now than ever before in its history."
It reminds me of one of the Tales of NASSRUDIN...
A scorpion was walking in the jungle and came upon a rushing creek.
Perplexed by the rushing water, it tried to get some help and attention. None of the other animals would get close to it.
Afrog was sunning itself on a rock. It laughed at the scorpion and offered it a ride on its back to get to the other side.
Half way in the creek, the scorpion could not resist it any longer and ZAP let the frog have it.
The forg stiffened up and died, and the scorpion drowned.
NASSRUDIN and his disciple were on the banks and saw the whole thing. The master asked the student , "You saaw that; what lesson did you learn from it?"
To which the disciple replied; " Easy, the scorpion was foolish. by stinging the frog he also killed himself."
Nassrudin replied; "Wrong, the foolish one was the frog. The scorpion could not resist stinging the frog. That is in his nature. You noticed how all the other animals shunned it. It was the frog who made a mistake giving recognition to the frog and giving it the opportunity to sting and kill it."
The people who suffer by engaing in discourse with the likes of the person you allude too, have only themselves to blame for giving recognition and a platform to their worst enemy...
Regards...Gilgamash...
OZ...
In fact it was HyTech's inability to get a letter of credit to Hang-O, way back when, that scotched the production of the first TREO, which was scheduled to come out in March of 2000, wasn't it?...
Regards...Gilgamash...
The following is a quote from Knobias posted by Cassandra...
", except that Ernst & Young LLP's report for the years ended March 31, 2002 and 2001 included an explanatory paragraph regarding the Company’s ability to continue as a going concern."
My be EDIG asked Earnst and Young to hit the road, because of their apparent failure to appreciate the nature of EDIG's Business Plan, as reflected by their comment reagrding their expressed trepedation whether EDIG could continue as a business concern...
EDIG just had to wait, to show them how wrong they were, before asking them to depart...
The "Nipper" from Earnst & Young, who had inserted those statements in the Reports must have been a disciple of Cassanra...Lol...
Regards...Gilgamash...
Good Morning OZ...
The post by TWOMILL that follows explains it all, the way the CC should be read...
The rest of the comments by the NAYSAYERS are so much balderdash...
Pretty soon they will be posting here why is the company making more money everyday? And, they will opine that it is some sort of conspiracy by the management to cover up the ever impending BANKRUPTCY for which we have been waiting for over three years...
Just ignore these knats. Couple of more quarters and they are gone for good...
Still looking to the day, which will soon I hope, when you will give us an update on your "NUMBERS" as the new data about the company revenues comes in...
Regards...Gilgamash...
Subject: Today's WebCast is a clear statement of progress with majors
From TWOMIL
PostID 244327 On Tuesday, March 25, 2003 (EST) at 3:15:09 AM
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We were advised today that projects previously mentioned are in various stages of implementation and funding by Fujitsu, HP/Softeq, and most likely, as of yet, an unannounced airline for IFE. Additionally better funding arrangements have been made with DWy for Odyssey 1000 production and delivery and negotiations by us and DWy are proceeding with interested oems for our O-1000.
The change to another accounting firm was explained as well as the primary motive for such being a reduction in costs. We were advised that revenue for the current qtr. should exceed last qtr. and the next qtr. surpass this current one.
IMO, this is all very positive and indicates that management's efforts are being rewarded with assistance with our large customers advance funding of their projects while we continue to cut costs and expand our customer base.
These are all healthy signs of a co. that will start to make money, increase their capital position, and hopefully expand their customer base. The arrival of capital for these projects allows eDig to move forward without increasing its capitalization or increasing its debt position.
IMO, the projects are real, the customers real, and the chances for success and profits more likely than ever.
Good luck to all.
DABOSS...
Naysayers nothwithstanding, ECLIPSE is going to be HUGE...
Said that right after CES, and it is shaping up to be that way...
Hope you added shares just like I did...
Regrads..Gilgamash...
CDR...
Are we there yet?...Lol...
Regards...Gilgamash...
doni...
Click on this site, scrol down to two announcements from EDIG.
yES, IT IS ON 3/24/03, and you get the log on site in one of the announcements...
Regards...Gilgamash...
http://finance.yahoo.com/q?s=EDIG.OB&d=t
gernb1...Sunpoop has a good read of the situtation...
Regards...Gilgamash......
Subject: The pot doesn't need stirring
From sunpoop
PostID 244037 On Friday, March 21, 2003 (EST) at 4:13:37 PM
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The naysayers are out again.....Lack of news does that to the faint hearted....As a reasonable person with a large amount of common sense directing my ''little grey cells'' I have to say that if I were FF and I had bad news I would keep it under my hat as securely as I could...I would not call a ''special'' webcast to blast my companies forture into the hinterland...I would go to Chapter 11 with those secrets.
However, if I had positive news I would want that news to be disseminated to the widest possible audience as quickly and as professionally as could be done...
There is an unscheduled webscast on Monday...We have had a hint of what will be in that webcast....
Of course, all of you have to make up your own minds which it is.
That may be difficult for those who have a negative mindset.
Frank
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Ms. Cassandra...
I was asking for CDR input not yours, because I have found him more credible in the past...
Your "opinions" matter not to me, and as to calling RP suggest you do that...
END OF THREAD...
Regards...Gilgamash...
CDR...
I am curious...Do you have any information, or have you heard any rumors that the company is about to sell some more shelf shares at the current pps prices?...
If not, why pose the question?...
At current prices, I could take the pps down couple Cents more if I decided to sell some of my shares. But, I am not a trader in this stock. Some here are...
I am buying more shares because I beleive what the company said in the last Conference Call...
By end of this quarter, (in 10 days that is), the company expects to be revenue neutral...
By end of next quarter they expect to show positive earnings...
Has any information surfaced that these claims will not take place?...
Will appriciate your input...
Regards...Gilgamash...
Cullator...Check this out...
Tariq Aziz before CNN cameras denying he defected...
http://www.cnn.com/2003/WORLD/meast/03/19/sprj.irq.aziz/index.html
Regards...Gilgamash...
CASANDRA...You made me see the light?
IF YOU SAY SO...
Regards...Gilgamash...
Cassanra, et al...
BECAUSE WHAT THEY WERE GOING TO BE A GLOBAL STANDARD IN HAS NOT HAPPENED AS YET...
Did you ever think of that Cassandra and et al?...
DID YOU THINK THAT EDIG WAS GOING TO BE A GLOBAL STANDARD IN THE ARENA OF MP3 PALYERS ONLY?...
WHEN INTEL, AND TEXAS INSTRUMENTS, AND IBM,AND AT&T, AND CSCO,
AND MICROSOFT, AND ALL THE OTHER BIG BOYS, HAVE FUNDED COMMETA TO ESTABLISH ITS WIDEBAND NETWORK; WHEN YOU CAN USE YOUR CELL PHONE TO CALL HOME, SEND AND RECEIVE PICTURES OF YOUR LOVED ONES, AND CONNECT TO INTERNET TO CHECK YOUR STOCKS AND NEWS, THEN TIE IN TO YOUR OFFICE TO DICTATE TO YOUR OFFICE COMPUTER THAT WILL TYPE YOUR LETTER AND FAX IT TO A CUSTOMER,(WE ARE ALMOST THERE NOW), THEN CONVERGENCE HAS ARRIVED, AND EDIG MAY JUST BE THAT GLOBAL STANDARD IN MANAGING ALL THAT DIGITALLY TRANSMITTED ZEROS AND ONES SEEMSLESSLY AND AGNOSTICLY...
TILL THEN IT IS "SURVIVAL CITY", AND ANY ONE WHO SAYS OTHERWISE, EITHER HAS NO CLUE WHAT EDIG IS ABOUT, OR IS PUSHING THEIR OWN AGENDA, WHATEVER THAT MIGHT BE...
Regards...Gilgamash...
drhunt...
Well said...
I will add to your "...be very carful of bashers here", the additional caveat,"Also, be weary of nattering nabobs of negativisim", of whom there are many these days...
There is a great deal of good information coming out of these boards, but you have to readit, digest it and make up your own mind as to whether you want to risk additional money by buying
more shares.
The long and the short of it is that EDIG still remains in the catagory of "Gambling", as far as investing goes. And, if you buy it because someone here told you "go ahead and buy more", you may end up bitter, like those who see nothing positive about this company, of which there are many...
Good Luck to you...
Regards...Gilgamash...
Tinroad...
Here is an interesting new PDA from Toshiba...
First: For the techies, what is a NAND?...
Second: How would the "secure card" option affect the unit's ability to work as an MP3 downloading gizmo?...
Is this another "Competition"?...
Didn't Edig work with Toshiba?...
Regards...Gilgamash...
http://www.forbes.com/2003/03/13/cx_ah_0313tentech.html?partner=yahoo&referrer=
Cadence...Your assumptions are wrong...
If you assume that EDIG does only one thing, produce MP3 players only, your statement might have some validity...
However, if you have done any DD about what EDIG has to offer, you would not conclude, as you do, that "...edig will soon be gone."...
Regards...Gilgamash...
milplease...
Here is an additional commentary by Portal Player of what they think of EDIG...
You had better stick with Portal Player opinions than any poster here...
Regards...Gilgamash...
http://www.portalplayer.com/news/partner_prog.htm
User comments about 0-1000...C-NET...
http://www.designinteract.com/news/10874.html
Regards...Gilgamash...
Sorry...
Here is the site that goes with Post # 250, about a good write up on 0-1000 on designinteract.com...
Regrads...Gilgamash...
http://www.designinteract.com/news/10874.html
2/28/2003...another good write up on 0-1000...
http://news.hwupgrade.it/6882.html
Regards...Gilgamash...
gernb1...
Here is an Italian site, (I think it is Italian?), that gives reviews of 0-1000...
Read items 3 an 4 under features, which is in English. It says the unit is Mac. and i-tunes compatible...
This alone, should make headway among i-pod affecionados. Don't you think?...
http://news.hwupgrade.it/6882.html
Regards...Gilgamash...
P.S. Can any one translate?
notchie...
Go back no more than a week on these boards. There was a discussion of a post,(I think it was posted by emit), about the total connectivity net work Toyota has established in Japan, for providing infotainment to cars...
The $500 billion number was in that post...
Whether it is $500, or $200 billion is not the issue that should concern investors in EDIG...
In either instence, the infotainment market for Eclipse products means "Huge" revenues for EDIG in the immediate futre.
Hope this helpd...
Regards...Regards...Gilgamash...
austonia...
You say, "Not everyone is so happy about thier[sic] 0-1000".
I Don't mean to be facious; but, not everyone would be satisfied with being in Heaven either...
You are satisfied, I am satidfied, about 997 others who gobbled up the unit are satisfied. So, what is your point?...
Regards...Gilgamash...
jtdiii...
They, if they are still around, have been smithen by the inscessant barage of NEGATIVITY spewed on these boards, and they are teethering on the "Wire", waiting to jump after they see the cash in the bank...
But, by then it will be too late...
Good luck...I, also, bought some more today...(Not that I needed to do so. But, could not resist it)...Lol...
Regards...Gilgamash...
Tinman...
For you, I will take the $2,000,000.00 a quarter...Lol...
Far better than $290,000.00 or $643,000.00, wouldn't you say?
As to details, I will send you something later...
Regards...Gilgamash...
jtdiii...
It is "elementary Watson", as Sherlock Holmes would say, that the "Market" goes up or down depending on the number of buyers and sellers present on a given day...
It,(the pps), will not shoot up any more like it did in 1999 and 2000 because of all the factors you must be aware of, if you have been a part of this circus for a while...
It will go up substantially, not today, not tomorrow, but when
(a) the overall market conditions have stabelized, and (b) when EDIG has "Cash in the bank", together with all these developing relationship having become confirmed "Cash Cows", generating revenues on a regular basis...
But, "Investing" is all about what one perceives what the pps will be in the "Future", and not how it reacted today to something that was said yesterday...
Good Luck...
Regards...Gilgamash...