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RIP Joe. Saddened by your passing.
"But that was yesterday and yesterday's gone"
You just proved my point about posting PAST news.
However since then...
Sequence of latest positive events:
AFTER the PREMATURE filing of Chapter 7 (that was DISMISSED on October 5th, by the judge)...
...when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
More RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
>>>>>AS OF TODAY (12/14/2017) EDIG IS UP 9 TIMES HIGHER SINCE THE PREMATURE FILING OF THE CHAPTER 7, THAT WAS DISMISSED BY THE JUDGE ON 10/5/2017!!!
The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from REAL SHAREHOLDERS...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
-----------------------------------------------------------------
>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
-----------------
17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
-----------------------------------------------------------------
AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
http://edigital.com/
==================================================================
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
You just proved my point once again about posting PAST news, but thanks for sharing.
However since then...
Sequence of latest positive events:
AFTER the PREMATURE filing of Chapter 7 (that was DISMISSED on October 5th, by the judge)...
...when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from REAL SHAREHOLDERS...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
-----------------------------------------------------------------
>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
-----------------
17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
-----------------------------------------------------------------
AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
==================================================================
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
http://edigital.com/
~~Latest EDIG DD~~by Short & Distort EPIC FAIL
I posted a response to this a while ago, I guessed you missed it because you have posted it once again:
I called that number and spoke to the gentleman on OTCmarkets about this. He said basically that they were just waiting for financials from the NEW reorganized eDigital Company, because the lack of information (the reason that the notice is on there in the first place) was actually from the OLD eDigital Company, which was put on notice BEFORE the Chapter 7 (which btw was dismissed by the judge on October 5th) He said that the notice will be removed once the NEW reorganized eDigital Company (NEW CEO and NEW Board Members) releases their financials.
BTW...The premature filing of the Chapter 7 BK was DISMISSED on October 5th by the judge:
Though the facts in the case at hand are somewhat different , the bankruptcy result is the same : this case WILL NOT result in Discharge, as Debtor is not entitled to one , and WILL NOT result in a distribution to creditors, as there are none.
The court understands that Debtors directors wants the case in chapter 7 , but the directors qua directors are neither creditors nor shareholders whose interest in the court must consider when considering dismissal under 704. And if the equities are considered , such factors appear to support dismissal. The directors seek to protect their own pocketbooks, they pay no heed to the economic burden they place on the Trustee.
Thus , the court is inclined to DISMISS as there appears to be "no legitimate bankruptcy purpose to be served". As a possible alternative , the PARTIES should be prepared to discuss procedures for streamlining this case and hastening completion as quickly and inexpensively as possible.
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
All stocks are risky, but at these prices the reward will be so much greater then the risk.
EDIG has been around over 20 years, and if it wasn't for the mismanagement of Fred Falk who prematurely filed Chapter 7 (and which the judge agreed and rightly dismissed on October 5th) there would have been no interruption of the company and also much better progress resulting in a higher PPS.
Hopefully scientist and inventor Dr. Pat Nunally will be the next CEO of the new reorganized eDigital Company. He has sided with the shareholders and fought along side them in keeping the company alive. Reorganization and NEW CEO and NEW Board coming soon. GLTA and go EDIG!
http://edigital.com/
Ah, the good ole days in the PAST.
However right now...
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
All stocks are risky, but at these prices the reward will be so much greater then the risk.
EDIG has been around over 20 years, and if it wasn't for the mismanagement of Fred Falk who prematurely filed Chapter 7 (and which the judge agreed and rightly dismissed on October 5th) there would have been no interruption of the company and also much better progress resulting in a higher PPS.
Hopefully scientist and inventor Dr. Pat Nunally will be the next CEO of the new reorganized eDigital Company. He has sided with the shareholders and fought along side them in keeping the company alive. Reorganization and NEW CEO and NEW Board coming soon. GLTA and go EDIG!
http://edigital.com/
OUCH....That was also in the PAST...
That was right BEFORE the premature filing of Chapter 7. Since then I bought 900,000 more shares at less then a .0009. Sold at .007. A nice profit! That is why you have to buy right now while PPS is so low. It is a great time to get in. Don't go chasing the tail!
BTW jimr1717, concerning the PPS of EDIG you posted this on Monday, 11/20/17 04:57:23 PM:
".000000001 imo + or - .0000000000001 After the 1 for 2,500 reverse split"
Also concerning EDIG's projected PPS you posted this on Friday, 10/20/17 10:22:12 AM
"I am thinking about the same .000003 .00000001"
I can go on, and on, and on. Don't forget that other posters can readily read your PAST posts too.
Anyway...GLTA!
"But that was yesterday and yesterday's gone"
You just proved my point about posting PAST news.
However since then...
Sequence of latest positive events:
AFTER the PREMATURE filing of Chapter 7 (that was DISMISSED on October 5th, by the judge)...
...when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from REAL SHAREHOLDERS...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
-----------------------------------------------------------------
>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
-----------------
17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
-----------------------------------------------------------------
AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
==================================================================
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
Great DD thanks
Thanks again for keeping the message board CURRENT, especially about the judge dismissing the PREMATURELY filed Chapter 7 on October 5th.
And thanks for calling OTCmarkets and getting RELEVANT information from the representative.
The representative basically said that they were just waiting for financials from the NEW reorganized eDigital Company, because the lack of information (the reason that the "stop" warning notice is on there in the first place) was actually from the OLD eDigital Company, which was actually put on notice BEFORE the Chapter 7 (which btw was dismissed by the judge on October 5th) The representative from OTCmarkets said that the notice will be removed once the NEW reorganized eDigital Company (NEW CEO and NEW Board Members) releases their financials.
~~Latest EDIG DD~~by Short & Distort EPIC FAIL
I posted a response to this a while ago, I guessed you missed it because you have posted it once again:
I called that number and spoke to the gentleman on OTCmarkets about this. He said basically that they were just waiting for financials from the NEW reorganized eDigital Company, because the lack of information (the reason that the notice is on there in the first place) was actually from the OLD eDigital Company, which was put on notice BEFORE the Chapter 7 (which btw was dismissed by the judge on October 5th) He said that the notice will be removed once the NEW reorganized eDigital Company (NEW CEO and NEW Board Members) releases their financials.
BTW...The premature filing of the Chapter 7 BK was DISMISSED on October 5th by the judge:
Though the facts in the case at hand are somewhat different , the bankruptcy result is the same : this case WILL NOT result in Discharge, as Debtor is not entitled to one , and WILL NOT result in a distribution to creditors, as there are none.
The court understands that Debtors directors wants the case in chapter 7 , but the directors qua directors are neither creditors nor shareholders whose interest in the court must consider when considering dismissal under 704. And if the equities are considered , such factors appear to support dismissal. The directors seek to protect their own pocketbooks, they pay no heed to the economic burden they place on the Trustee.
Thus , the court is inclined to DISMISS as there appears to be "no legitimate bankruptcy purpose to be served". As a possible alternative , the PARTIES should be prepared to discuss procedures for streamlining this case and hastening completion as quickly and inexpensively as possible.
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
All stocks are risky, but at these prices the reward will be so much greater then the risk.
EDIG has been around over 20 years, and if it wasn't for the mismanagement of Fred Falk who prematurely filed Chapter 7 (and which the judge agreed and rightly dismissed on October 5th) there would have been no interruption of the company and also much better progress resulting in a higher PPS.
Hopefully scientist and inventor Dr. Pat Nunally will be the next CEO of the new reorganized eDigital Company. He has sided with the shareholders and fought along side them in keeping the company alive. Reorganization and NEW CEO and NEW Board coming soon. GLTA and go EDIG!
http://edigital.com/
I am.
BTW, PPS is so low right now I am going to buy more shares tomorrow. Got a little bit of activity Friday and I don't want to chase the tail. News coming soon? Anyway, once we replace the OLD CEO Fred Falk with the NEW CEO, which may possibly be Inventor and Scientist Dr. Pat Nunally, and replace the OLD Board members with the NEW Board members, who may be...stay tuned! GLTA!
And we will get it. Just a matter of time. The PPS is so low now it is a great time to get in. Hopefully soon they will release some news about the progress of the reorganization of EDIG. Right now though, all I know for sure is that behind the scenes they are working very hard to get EDIG sailing again. We may (hopefully) get inventor and scientist Dr. Pat Nunally to be the next CEO. He knew that the last CEO Fred Falk, prematurely filed Chapter 7, and sided with the shareholders and Trustee to have it OVERTURNED, which it WAS by the judge this past October 5th. When the NEW CEO and NEW Board members get appointed, that news in itself should get the PPS to a few cents. After that...!
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
All stocks are risky, but at these prices the reward will be so much greater then the risk.
EDIG has been around over 20 years, and if it wasn't for the mismanagement of Fred Falk who prematurely filed Chapter 7 (and which the judge agreed and rightly dismissed on October 5th) there would have been no interruption of the company and also much better progress resulting in a higher PPS.
Hopefully scientist and inventor Dr. Pat Nunally will be the next CEO of the new reorganized eDigital Company. He has sided with the shareholders and fought along side them in keeping the company alive. Reorganization and NEW CEO and NEW Board coming soon. GLTA and go EDIG!
http://edigital.com/
~~Weekend EDIG DD~~by Short & Distort FAIL
I posted a response to this a while ago, I guessed you missed it because you have posted it once again:
I called that number and spoke to the gentleman on OTCmarkets about this. He said basically that they were just waiting for financials from the NEW reorganized eDigital Company, because the lack of information (the reason that the notice is on there in the first place) was actually from the OLD eDigital Company, which was put on notice BEFORE the Chapter 7 (which btw was dismissed by the judge on October 5th) He said that the notice will be removed once the NEW reorganized eDigital Company (NEW CEO and NEW Board Members) releases their financials.
BTW...The premature filing of the Chapter 7 BK was DISMISSED on October 5th by the judge:
Though the facts in the case at hand are somewhat different , the bankruptcy result is the same : this case WILL NOT result in Discharge, as Debtor is not entitled to one , and WILL NOT result in a distribution to creditors, as there are none.
The court understands that Debtors directors wants the case in chapter 7 , but the directors qua directors are neither creditors nor shareholders whose interest in the court must consider when considering dismissal under 704. And if the equities are considered , such factors appear to support dismissal. The directors seek to protect their own pocketbooks, they pay no heed to the economic burden they place on the Trustee.
Thus , the court is inclined to DISMISS as there appears to be "no legitimate bankruptcy purpose to be served". As a possible alternative , the PARTIES should be prepared to discuss procedures for streamlining this case and hastening completion as quickly and inexpensively as possible.
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
Nice to see a bit more activity today and a rise in the PPS. Indication of some forthcoming news? We will see. Bought more shares today and will get a little more on Monday. Just a matter of time before EDIG takes off. Great time to get in. Don't chase the tail. GLTA!
Excellent and Accurate post knoxlube!...
Rootus, I'm sure you are aware that there are a number of "tickers" trading OTC that are in fact, "Dark". I think there is an IHUB MB dedicated to such companies. There are stipulations (<300 SH's), but they report nothing, yet continue to trade. I hold shares in CMFO that went "Dark" in early 2014 and it's still trading on a daily basis. Others just change names, tickers and pretty much go silent but are still trading years later. HLNT is now SPOI, so I'm not sure where you're getting, "At some point the SEC will step in and trading of the zombie will cease". Where exactly might that point be?? My broker recently removed BXXXQ, that went BK in 2008, from my portfolio because there "appeared to be no market for the stock" as it had been so long since it last traded. I still have OFSI that went under that same year and it's still listed and still trades periodically.
There certainly appears to be a market for EDIG's stock. So my guess is that it will continue trading for years to come. I thought now would be a good time to bring this up since it's been mentioned multiple times by some who may not be familiar with such things on a first hand basis.
IMO. GLTY and EDIG!
I (Meister Price) just wanted to reiterate that Dr.Nunally and the team are still working very hard to insure that EDIG gets the best leadership to man the helm of the NEW eDigital Company. They are making progress though, and straightening out the mess that the OLD leadership has caused, which also wasted golden opportunities in the past to become a more fruitful company.
Hang in there all.
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
All stocks are risky, but at these prices the reward will be so much greater then the risk.
EDIG has been around over 20 years, and if it wasn't for the mismanagement of Fred Falk who prematurely filed Chapter 7 (and which the judge agreed and rightly dismissed on October 5th) there would have been no interruption of the company and also much better progress resulting in a higher PPS.
Hopefully scientist and inventor Dr. Pat Nunally will be the next CEO of the new reorganized eDigital Company. He has sided with the shareholders and fought along side them in keeping the company alive. Reorganization and NEW CEO and NEW Board coming soon. GLTA and go EDIG!
BTW...the unwarranted negativity that is posted here by a couple of posters (which is basically directed at the OLD Company with the OLD CEO and OLD Board) WILL NOT hinder the restructuring and progress of the NEW EDIG. FACT
http://edigital.com/
Once again, Pat Nunally sided with the shareholders. That is a fact, and is basically spearheading the reorganizing of EDIG. If you knew him, you wouldn't question his integrity. Geez. He and Fred are not even on friendly terms right now, and doubt they will ever be, whether YOU believe that or not. Personally, I believe that there are some people who would still trash Dr. Nunally (for whatever reason or agenda they may have) even if he invented the cure for cancer. And yes, they are moving forward, and yes it will benefit the shareholders. Things take time, especially legal matters.
Know what you own...or don't own.
MP
Yes he would, and he already did. If you were actually at meetings and have had first hand knowledge of the wedge between Falk and Nunally, you would already have known that, instead of assuming, and posting negative speculation. Pat Nunally sided with the shareholders and is spearheading the reorganization of EDIG. This is well known by us shareholders.
Great time to buy EDIG while the PPS is so low.
All stocks are risky, but at these prices the reward will be so much greater then the risk.
EDIG has been around over 20 years, and if it wasn't for the mismanagement of Fred Falk who prematurely filed Chapter 7 (and which the judge agreed and rightly dismissed on October 5th) there would have been no interruption of the company and also much better progress resulting in a higher PPS.
Hopefully scientist and inventor Dr. Pat Nunally will be the next CEO of the new reorganized eDigital Company. He has sided with the shareholders and fought along side them in keeping the company alive. GLTA and go EDIG!
http://edigital.com/
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
Dr. Patrick Nunally next CEO?...
Patrick Nunally is a Rocket Scientist (Literally)
Looking around at some of the prior companies he has worked for.
http://www.businesswire.com/news/home/20060627005336/en/e.Digital-Corporation-IP-Veteran-Pat-Nunally-Team
Nunally has more than 20 years of experience in wireless and IP development. Nunally has directed the development of several companies' IP efforts including Patriot Scientific. Nunally co-founded and was executive vice president of Wave Interactive Network (now Wave Systems). He also served as president and chief executive officer of Gruppe Telekom (now owned by Philips). Nunally previously held senior positions with Sensormatic, Intellisys Automation, E-Metrics, General Dynamics and Interstate Electronics.
General Dynamics http://www.generaldynamics.com/
Stock Quote: $212.60
They make Rockets and track vehicles for the military
Hydra Rocket https://www.gd-ots.com/armament_systems/rw_hydra.html
We produce main battle tanks, tracked combat vehicles and light armored vehicles, as well as a broad range of high-performance weapons systems and munitions http://www.generaldynamics.com/our-businesses#combat-systems
Here's a couple of patents he has with General Dynamics.
Fault-resistant solid-state line driver
Patent number: 5025178
https://patents.justia.com/patent/5025178
Date of Patent: Jun 18, 1991
Assignee: General Dynamics Corp., Pomona Div. (Pomona, CA)
Inventor: Patrick O. Nunally (Diamond Bar, CA)
Vacuum well process
Patent number: 4934555
https://patents.justia.com/patent/4934555
Date of Patent: June 19, 1990
Assignee: General Dynamics Corp., Pomona Division
Inventor: Patrick O. Nunally
Vacuum well process
Patent number: 4887544
https://patents.justia.com/patent/4887544
Date of Patent: December 19, 1989
Assignee: General Dynamics Corp., Pomona Div.
Inventor: Patrick O. Nunally
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
Great time to buy EDIG while the PPS is so low.
All stocks are risky, but at these prices the reward will be so much greater then the risk.
EDIG has been around over 20 years, and if it wasn't for the mismanagement of Fred Falk who prematurely filed Chapter 7 (and which the judge agreed and rightly dismissed on October 5th) there would have been no interruption of the company and also much better progress resulting in a higher PPS.
Hopefully scientist and inventor Dr. Pat Nunally will be the next CEO of the new reorganized eDigital Company. He has sided with the shareholders and fought along side them in keeping the company alive. GLTA and go EDIG!
http://edigital.com/
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
~The latest 8K Filing~by SHORT&DISTORT
I posted a response to this a while ago, I guessed you missed it because you have posted it once again:
I called that number and spoke to the gentleman on OTCmarkets about this. He said basically that they were just waiting for financials from the NEW reorganized eDigital Company, because the lack of information (the reason that the notice is on there in the first place) was actually from the OLD eDigital Company, which was put on notice BEFORE the Chapter 7 (which btw was dismissed by the judge on October 5th) He said that the notice will be removed once the NEW reorganized eDigital Company (NEW CEO and NEW Board Members) releases their financials.
BTW...The premature filing of the Chapter 7 BK was DISMISSED on October 5th by the judge:
Though the facts in the case at hand are somewhat different , the bankruptcy result is the same : this case WILL NOT result in Discharge, as Debtor is not entitled to one , and WILL NOT result in a distribution to creditors, as there are none.
The court understands that Debtors directors wants the case in chapter 7 , but the directors qua directors are neither creditors nor shareholders whose interest in the court must consider when considering dismissal under 704. And if the equities are considered , such factors appear to support dismissal. The directors seek to protect their own pocketbooks, they pay no heed to the economic burden they place on the Trustee.
Thus , the court is inclined to DISMISS as there appears to be "no legitimate bankruptcy purpose to be served". As a possible alternative , the PARTIES should be prepared to discuss procedures for streamlining this case and hastening completion as quickly and inexpensively as possible.
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
Yes its true. EDIG is still alive and kicking!
This quiet time only means that the reorganizing is getting closer and closer. The shareholders have had patience this long, just hang in there a little bit longer. The legal stuff is very time consuming, but we are getting there. GLTA!
Yes, but the Lithium market is very hot right now. Although U.S. Lithium does have a few additional and promising irons in the fire, I would love to see them concentrate more on mining, which is their forte. Either way I believe that this present low PPS will move up significantly soon. IMHO. What do you think?
Break out tonight, Midnight, Who is with me?
I don't believe that IHUB put me in the pokey. LMFAO!
"Nobody knows the trouble I seen"...
Sequence of latest positive events:
AFTER the PREMATURE filing of Chapter 7 (that was DISMISSED on October 5th, by the judge)...
...when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from REAL SHAREHOLDERS...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
-----------------------------------------------------------------
>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
-----------------
17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
-----------------------------------------------------------------
AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
==================================================================
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
----------------------------------------------------------------
As of TODAY (10/29/2017) EDIG up 9.4 X...
since low of .0005 on July 12, 2017!
PREMATURE FILING OF CHAPTER 7 BK ON JULY 7TH WAS 'DISMISSED' IN COURT BY THE JUDGE ON OCTOBER 5TH!
EDIG is on the move with more good news on the way.
Once NEW CEO and Board Members are appointed PPS will undoubtedly go much higher.
Great time to get in while PPS is so low.
Do not chase the tail!
http://edigital.com
That was "news" on July 7, HOWEVER...
SINCE that PAST time...AFTER that PREMATURE filing of Chapter 7,
when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
These were more RECENT events:
RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from SHAREHOLDERS AFTER the BK on July 7th...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
-----------------------------------------------------------------
>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
OCTOBER 5TH...
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
-----------------
17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
-----------------------------------------------------------------
AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
~~Latest EDIG News~~
----------------------------------------------------------------
Sequence of latest positive events:
AFTER the PREMATURE filing of Chapter 7,
when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from REAL SHAREHOLDERS...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
-----------------------------------------------------------------
>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
-----------------
17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
-----------------------------------------------------------------
AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
Voice and/or facial recognition based service provision
US 9218813 B2
ABSTRACT
Apparatuses, methods and storage medium associated with voice and/or facial recognition based service provision are disclosed herein. In embodiments, an apparatus may include a voice recognition engine and a facial recognition engine configured to provide, individually or in cooperation with each other, identification of a user at a plurality of identification levels. The apparatus may further include a service agent configured to provide a service to a user of the apparatus, after the user has been identified at least at an identification level required to receive the service. Other embodiments may be described and/or claimed.
Publication number
US9218813 B2
Publication type
Grant
Application number
US 13/995,476
PCT number
PCT/CN2013/072590
Publication date
Dec 22, 2015
Filing date
Mar 14, 2013
Priority date
Mar 14, 2013
Also published as
CN104995865A, 4 More »
Inventors
James A. Baldwin, Guangli Zhang
Original Assignee
Intel Corporation
Export Citation
BiBTeX, EndNote, RefMan
Patent Citations (17), Non-Patent Citations (1), Classifications (15),Legal Events (1)
External Links: USPTO, USPTO Assignment, Espacenet
PATENT CITATIONS
Cited Patent
Filing date
Publication date
Applicant
Title
US8028896 *
Jul 15, 2008
Oct 4, 2011
Bank Of America Corporation
Authentication methods for use in financial transactions and information banking
US8181858 *
Aug 26, 2011
May 22, 2012
Bank Of America Corporation
Information banking
US8311522 *
Sep 28, 2010
Nov 13, 2012
E.Digital Corporation
System and method for managing mobile communications
Dr. Patrick Nunally next CEO?...
Patrick Nunally is a Rocket Scientist (Literally)
Looking around at some of the prior companies he has worked for.
http://www.businesswire.com/news/home/20060627005336/en/e.Digital-Corporation-IP-Veteran-Pat-Nunally-Team
Nunally has more than 20 years of experience in wireless and IP development. Nunally has directed the development of several companies' IP efforts including Patriot Scientific. Nunally co-founded and was executive vice president of Wave Interactive Network (now Wave Systems). He also served as president and chief executive officer of Gruppe Telekom (now owned by Philips). Nunally previously held senior positions with Sensormatic, Intellisys Automation, E-Metrics, General Dynamics and Interstate Electronics.
General Dynamics http://www.generaldynamics.com/
Stock Quote: $212.60
They make Rockets and track vehicles for the military
Hydra Rocket https://www.gd-ots.com/armament_systems/rw_hydra.html
We produce main battle tanks, tracked combat vehicles and light armored vehicles, as well as a broad range of high-performance weapons systems and munitions http://www.generaldynamics.com/our-businesses#combat-systems
Here's a couple of patents he has with General Dynamics.
Fault-resistant solid-state line driver
Patent number: 5025178
https://patents.justia.com/patent/5025178
Date of Patent: Jun 18, 1991
Assignee: General Dynamics Corp., Pomona Div. (Pomona, CA)
Inventor: Patrick O. Nunally (Diamond Bar, CA)
Vacuum well process
Patent number: 4934555
https://patents.justia.com/patent/4934555
Date of Patent: June 19, 1990
Assignee: General Dynamics Corp., Pomona Division
Inventor: Patrick O. Nunally
Vacuum well process
Patent number: 4887544
https://patents.justia.com/patent/4887544
Date of Patent: December 19, 1989
Assignee: General Dynamics Corp., Pomona Div.
Inventor: Patrick O. Nunally
~The latest 8K Filing~by SHORT&DISTORT
I posted a response to this a while ago, I guessed you missed it because you have posted it once again:
I called that number and spoke to the gentleman on OTCmarkets about this. He said basically that they were just waiting for financials from the NEW reorganized eDigital Company, because the lack of information (the reason that the notice is on there in the first place) was actually from the OLD eDigital Company, which was put on notice BEFORE the Chapter 7 (which btw was dismissed by the judge on October 5th) He said that the notice will be removed once the NEW reorganized eDigital Company (NEW CEO and NEW Board Members) releases their financials.
BTW...The premature filing of the Chapter 7 BK was DISMISSED on October 5th by the judge:
Though the facts in the case at hand are somewhat different , the bankruptcy result is the same : this case WILL NOT result in Discharge, as Debtor is not entitled to one , and WILL NOT result in a distribution to creditors, as there are none.
The court understands that Debtors directors wants the case in chapter 7 , but the directors qua directors are neither creditors nor shareholders whose interest in the court must consider when considering dismissal under 704. And if the equities are considered , such factors appear to support dismissal. The directors seek to protect their own pocketbooks, they pay no heed to the economic burden they place on the Trustee.
Thus , the court is inclined to DISMISS as there appears to be "no legitimate bankruptcy purpose to be served". As a possible alternative , the PARTIES should be prepared to discuss procedures for streamlining this case and hastening completion as quickly and inexpensively as possible.
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
----------------------------------------------------------------
Sequence of latest positive events:
AFTER the PREMATURE filing of Chapter 7,
when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from REAL SHAREHOLDERS...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
-----------------------------------------------------------------
>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
-----------------
17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
-----------------------------------------------------------------
AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
Sequence of latest positive events:
AFTER the PREMATURE filing of Chapter 7,
when the share price bottomed out at .0005 on 7/13/17, there has been a slow, but steady uptick in the share price because there has been POSITIVE developments SINCE that time (the PAST).
RECENTLY On 9/27/17, there was NEW high of .0087. It was BID .007 X ASK .0087. That is a reflection of the RECENT POSITIVE developments.
The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.
The Creditors meeting on 9/19/17 was attended by quite a few shareholders who reported positive results (thanks again guys) Still there is another important trial on October 5th when most likely the judge will quash the filing of Chapter 7 and allow for the Trustee to assign NEW Board Members and CEO, so EDIG can get back on track. Looking good thus far!
Originally stated from REAL SHAREHOLDERS...
REALITY:
Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that certain people state is not going to stop the dismissal of a liquidation Chapter 7.
A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.
The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)
OCTOBER 5TH COMING SOON! <<<(obviously posted PRIOR to the dismissal of the filing of Chapter 7 on October 5th)
NEXT:
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>>>>>>>>AND THEN THIS HAPPENED LIKE SHAREHOLDERS SAID IT WOULD:
E.DIGITAL CORPORATION, A DELAWARE CORPORATION
CHAPTER 7 TRUSTEE'S MOTION TO DISMISS CHAPTER 7 CASE
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17-04075-LT7
The Motion Requesting Dismissal of Chapter 7 Case filed by Christopher R. Barclay, Chapter 7 Trustee ("Trustee")
[Docket 27] was filed on August 24, 2017 for hearing before the Honorable Laura S. Taylor, United States Bankruptcy Judge
on September 21, 2017 at 10:00 am, in the above-entitled Court. Pursuant to the Order on Stipulation to Continue Hearing on
Motion Requesting Dismissal entered on September 8, 2017, the hearing on the Chapter 7 Trustee’s Motion Requesting
Dismissal of Chapter 7 Case was continued from September 21, 2017 at 10:00 am to October 5, 2017 at 10:00 am [Docket
31]. On September 8, 2017, the Debtor filed an Opposition to the Motion Requesting Dismissal [Docket 33]. On September
15, 2017, the Trustee filed a Reply to the Debtor's Opposition [Docket 39].
At the continued hearing on October 5, 2017, Christopher R. Barclay appeared as the Trustee. Kerry Moynihan, Esq.
appeared as attorney for the Debtor.
The Court having reviewed and considered (i) the Trustee's Motion Requesting Dismissal of Chapter 7 Case, (ii) the
Opposition filed by the Debtor, (iii) the Trustee's Reply to the Debtor's Opposition, and (iv) the record of this entire case,
posted her tentative ruling prior to the continued hearing indicating the Court's inclination to grant the motion. The parties
provided oral argument. Hearing no argument to change the tentative ruling, and for good cause appearing;
IT IS HEREBY ORDERED that:
1. The Trustee's Motion Requesting Dismissal of Chapter 7 Case is granted.
2. The above entitled chapter 7 case is dismissed pursuant to 11 U.S.C. Section 707(a) and 11 U.S.C. 105(a), with a bar to re-filing within 180 days pursuant to 11 U.S.C. 109(g)(1).
>>>>>>>>> IT IS SO ORDERED <<<<<<<<<<<
CHAPTER 7 DISMISSED!
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AND NOW THIS:
PHASE 2 IN OPERATION. PROGRESSING RIGHT ALONG!!!
THE NEW EDIG IS MOVING RIGHT ALONG AS PLANNED!
NEW CEO AND NEW BOARD MEMBERS WILL BE APPOINTED SOON!
8K COMING SOON!
(GREAT TIME TO GET IN WHILE THE PPS IS SO LOW)
Watch the PPS take off when Google buys eDigital!
I wasn't sure if they were still working on it, guess they still are. Awesome!
Until this is confirmed though, the volume may be low. People would rather "chase the tail" then get it while it is so cheap. Go figure.
DON'T CHASE THE TAIL!