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Anyone willing to help, please work this out for me -
Casssandra writes "Now we know why Boyer hasn't updated his APS website to include this device."
We do? Why?
So on the one hand, a (long) shareholder should run for cover because of the looming dilution, and on the other hand a (long)shareholder should run for cover because the company for whatever reason, has not added to the float? Spin on.
"The reason this is important is that the share price can be expected to begin another downtrend following such a filing, which will significantly dilute the ownership of each common share. Look at what happened to the PPS after the last S-3.
The company made a previous public disclosure of the 6/30/03 date, but has not commented on the fact that it did not meet the expected deadline."
Yum. Roast Duck.
Why yes, it does. WhoORWhat could that be? See ya later Ran, and ciao to your salary too!!
[edit, oh, I didnt know you wanted us to read the message too, I was only going by the handle]
I am blindly following each and every thing posted on this board as gospel.
[edit - Oh, and I forgot to add that I trust everything that any company says, or is rumored to have said, or that I speculate might be said in the future.]
and that is relevent how?
Casssandra, FYI, just because a debt is unsecured TODAY, does not mean that anything at all prevents it from becoming secured at some future date, either by agreement between e.Digital and the lender(maybe for some type of extension?, or by court order. That is what the "may" implies to me.
[edit-I say we agree to disagree and talk about other more important things than this minute point]
Casssandra,
Sorry to burst your bubble, but the fact that the note you are referring to is unsecured and references that "the holders of the notes mayhave the right" to take ahold of property is just saying that it is within the realm of possibilities that the unsecured creditor might secure their debt to property. This is plain english to me, are you confused again?
My defense to you would be just as widly speculative and a stab in tha dark as your spin was. But the doors are still open, and the business plan is moving forward, and that is good enough for me. This IS (currently)a penny stock remember.
You have no proof for your wild speculation of "if's" and "maybes". Spin On.
you can bet your bottom dollar someone, who will remain nameless (initials are ToF) is emailing Matt, Bob, chwdrhead, like a mad man as we speak.
Cassandra, since you are asking about others occupation, why not be a doll and tell us what yours is?
So on the one hand, you spin for years that the failure of management to take a larger stake in the company is a huge negative. Now that it has occurred, you are trying to spin it negative??? This is positive, bar none.
Lets see....the longs dont know about the impending doom, the customers dont know about the impending doom, the company doesnt seem to know about the impending doom, the business partners dont know abou the impending doom, but Cassandra knows? Not to mention the fact that for whatever reason, the share price has been appreciating over the past week. Spin on.
It could have been during the Jan. 2000 explosion in share price which was related to hype on messages boards, most particularly, RB.
Are you willing to support your thesis by explaining how many shares each executive and board member currently owns?
It matters not if you are willing to support your own thesis because you cant support your assertion that the rise in share price was related to hype on message boards. Keep on spinning though.
In case you didnt understand, I am interested in knowing your opinion on whatever voice recognition is inside Eclipse. Thanks for your help.
So Cassie, before DABOSS posts his reply, why don't you enlighten us with your opinion on the voice activation system on the Eclipse, based on the information you have been so kind to present us with (whomever's tech. it is)?
OT: and dont forget JScara, maybe they were all roped up in one fell swoop by the Karma gods...we can only hope.
So now our BeoSound 2 will be available to all Mac users that want to fill up on high quality, legal mainstream music? Sounds good...
"Just because RP implies that these are "friendly" lenders (Barnes, Polis, et al), they aren't donating money to EDIG. I expect them to do whatever they have to do to make a profit. "
Including breaking the law by shorting a BB stock?
yes, and the agreement says the company retains the right to register more shares to be sold on the open market, or to not register such shares. Is this a good business decision based on the current financial state of the company? Good enough for me anyway. By the way, is an 8K like a 1040EZ? Or is an 8K the gun I hear so much about?
Cassandra, isn't it smarter and more sensible to have the option to dilute the float in order to pay overhead etc., rather then to take the huge gamble and not leave this option open for the next quarter? Is it guaranteed to happen? NO. Nice twist though.
I think we would all like to believe that people such as yourself are posting for some reason...because if that is not the case, than you have some severe mental health issues that should be brought to the attention of the nearest funny farm.
50+, thanks for clearing it up for Old Cassandra. I was merely saying that there was no way to spin this Letter of Credcit/Line of Credit babble into a negative for the company. 'Nuff Said.
And if no product is made, it is of no value.
Right, nothing would get manufactured without the letter of credit. So I am saying that I dont care if they manufacture using funds from a line of credit, or manufacture based on letter of credit. And to me, the point is moot, and I have just wasted more server space here with another post about this topic.
The company stated they were "getting the job done on this front" to use my words describing the Fujitsu 10 business.
By the way, what in the world is a handshake?
This Letter of Credit/Line of Credit discussion is a moot point. The company is getting the job done on this front, and where the money comes from is irrelevant. Whether its a letter or a line of credit, the product SHOULD get manufactured.
Anyone with corporate finance/contract experience want to take a stab at how this effects B&C? It is beyond my abilities.
Details Given on Contract Halliburton Was Awarded, NY TIMES
WASHINGTON, April 10 -- The Pentagon contract given without competition to a Halliburton subsidiary to fight oil well fires in Iraq is worth as much as $7 billion over two years, according to a letter from the Army Corps of Engineers that was released today.
The contract also allows Kellogg Brown & Root, the Halliburton subsidiary, to earn as much as 7 percent profit. That could amount to $490 million.
The corps released these new details in a letter to Representative Henry A. Waxman, Democrat of California and one of the two senior lawmakers who asked the General Accounting Office to investigate how the Bush administration is awarding contracts for the reconstruction of Iraq.
The reconstruction effort could cost up to $100 billion and become one of the most lucrative building programs in decades.
The contract to Kellogg Brown & Root was cited in the lawmakers' request to the G.A.O., the investigative arm of Congress. Mr. Waxman and Representative John D. Dingell, Democrat of Michigan, asked that special attention be paid to "allegations that Halliburton has received special treatment from the administration."
Vice President Dick Cheney was Halliburton's chief executive from 1995 until 2000. When he left the company to run for vice president, Mr. Cheney received over $30 million in compensation, Mr. Waxman said.
Since the attacks of Sept. 11, Kellogg Brown & Root has won significant additional business from the federal government and the Pentagon. It has built cells for detainees at Guantánamo Bay in Cuba and is the exclusive logistics supplier for the Navy and the Army, providing services like cooking, construction, power generation and fuel transportation.
Since the war with Iraq began, Mr. Cheney has been repeatedly questioned about his ties to his old employer and the oil industry.
But the administration said that these contracts and all other contracts to rebuild Iraq were awarded without any comment from Mr. Cheney or anyone else in the White House.
"The White House has no role in selecting individual contractors," said Michael Anton, spokesman for the National Security Council.
Lt. Gen. Robert B. Flowers, the commander of the Corps of Engineers, wrote in his letter that Kellogg Brown & Root was chosen because it was the only contractor considered capable of developing what he called "complex, classified contingency plans" and then to carry them out "on extremely short notice."
"No other contractor could satisfy mission requirements in the time available," General Flowers wrote.
He also said that the Defense Department could not follow public procedures for awarding the contract, including a public notice, because the war plans and the need to fight oil fires in Iraq were then classified information. In the future, however, General Flowers promised "ample opportunity for competition" to restore Iraq's oil infrastructure.
The most sought-after contract will be awarded by the United States Agency for International Development and will cover the initial work to rebuild Iraq's roads, water and power systems, schools and hospitals. Bidding was restricted to five American companies for the same reasons that Kellogg Brown & Root won its contract without any competition: the need for speed and for security clearances.
But government contract experts say that those needs have been exaggerated and that they may be violations of international trade agreements as well as federal rules.
Mr. Waxman responded to the letter from General Flowers with several new questions.
While accepting that the administration may have had valid reasons for giving the two-year contract to Kellogg Brown & Root for emergency work during the war, Mr. Waxman wrote, "It is harder to understand, however, what the rationale would be for a sole-source contract that has a multiyear duration and a multibillion-dollar price tag."
He asked General Flowers in a letter today how the Army determined the cost of the work to be done by Kellogg Brown & Root and when the Army would replace the current contract with one up for competition.
http://www.nytimes.com/2003/04/11/business/11REBU.html?ex=1050638400&en=8e3c238766503e7b&ei=...
Why would I try to spin anything?
I agree that the free music sucks, but if the infrastructure is there, then if the good stuff ever becomes available and necessary, would it not be a good idea to have a distribution method in place to capitalize on it ASAP? Especially for a company that is in as dire straits as you (and admittedly the share price) paint it as? I love your spin.
No I can not, but I would venture to say that there are ALWAYS two sides to every investment, and I happen to believe in the long side here. If there was a message board following for your example stock, I am sure there were people such as yourself that were constantly clamoring about imminent <sp?> doom.
But Anyway, with the stock price at or about 17 cents, the potential return could be a hell of a lot higher for a shareholder than whatever interest rate MC/Visa would charge for the company's corporate credit cards. At the same time it is very risky and totally unsecured. Isn't this the nature of the stock market, particularly OTCBB stocks? I think the better question is, what are individual investors willing to risk on a penny stock that a creditor responsible to its own shareholders may not be willing to risk? And why the spin on investors risking savings as opposed to investors placing a portion of their portfolio in a high risk/possible high return investment?
Matt, I wholeheartedly apologize to you and Bob Z for causing you have to put me in jail, and wasting time that could be well spent improving this already great site for investors to congregate in. I got caught at an emotional moment and could not resist putting Cassandra, et. al, (non shareholders in a company I have been following for over 4 years) in her place. As a plea bargain, I will not respond to her repetitive posts of information and will only contribute in a positive manner to the board. I hope you accept this apology with the honesty and truthfullness that I offer it to you.
50+, sounds like the company is plugging right along....now what can they do to give the ol' shareprice a huge kick in the rear?
Susie, I think you are talking to a 400 pound guy with no teeth who is trapped in a womans alias named Cassandra. Party on. Oh yeah, did I mention something smells like phish in here?
cASSandRa,
you write:
"Some day, when EDIG ceases to operate, you will understand what I am saying, if you even remember it. "
Will you vacate the e.Digital board at that point?
That is greek to me, more power to you though.
doni,
I am the last one that should be analyzing the specifics on MicroOS, MicroCAM, etc. for public dissemination, but for me, the patented file security and ability to upgrade the firmware would be much more of an asset to the company if the damn labels would bring on a reasonable, secure download system to distribute their content (I know most have heard this ad nauseum).
And at less than a quarter per share, the risk/reward is tolerable for my investment strategy. I wish I could trade this thing like the old days, but if/when big news comes, those days will be back.
Cassandra, yes, you write:
"You list the following as your veriable reasons that you think that EDIG stock is a good investment and that the stock price will appreciate"
I would rather not be redundant and repost the rest of your post. What have you posted that is a FACT to refute my opionion of my investment, and who here do you see telling other "sheep" to go out and buy stock? Or do you see investors discussing why they were/are invested in the first place. I think it is the latter rather than the prior my "lady".
B