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Again, Best wishes to all. I've enjoyed the repartee and back and forth on this board and made a few friends along the way. LGJ - I hope all your buys are good ones.
LL
That's nice. It will move forward without me. I'm gone. Just finished up with my selling.
I may make a guest appearance from time to time a la my friend jtdiii, but I am no longer an EDIG shareholder. Hold the applause.
Best wishes to all of you.
LL
No offense, but most of this has already been decided. There are no "two sides of the coin", only one. EDIG has no shot with any patents. Only the mythical, never sighted Nunchi remains. If anyone gets any visual evidence of its existence, let me know.
LL
I also have a feeling that said persons do not understand a markman, its implications, nor do they remember that all sides agreed there was no reason to consider claims past the first 2 if the first two went against EDIG. That's what happened and DM saw there was no way to win - if they had thought the remaining claims could bring victory they would not have agreed to those terms.
There were all sorts of substantive changes wrought by both the courts and the USPTO. That's why we went from a big firm doing it on contingency to a 3 person firm doing it at extraordinarily high monthly fee.
LL
One more thing to consider is why, if there were no substantive changes and the markman is not a big deal (the markman which DM lost - another Markman loss in their history) why did CM decide that EDIG no longer met the criteria for being a contingency client?
LL
Take that together with Fred's caveat and it's pretty clear what EDIG is telling us. Even the believers are not arguing this point.
It's also clear why he did not address this issue in any fashion following the recent re-exam with other patents.
LL
Mr Kool,
You should be aware that Fred, no doubt under the watchful eye of his "handlers", stated himself that 774 would apply to "future infringers."
LL
I see on other boards that they don't understand that amended portions of patents go into effect AFTER the re-exam, and any alleged infringement of such sections BEFORE re-exam are not able to be litigated regarding infringement.
That is the reason Fred used the language "future infringers" in the filing regarding 774 and carefully avoided any mention one way or the other re the latest re-exam. Oh what a tangled wed they weave in their efforts to be artful.
Between the Markman and the re-exams the patents are less than half-strength, and evidently at full strength they were not much considering the steadily declining "settlements" and, accordingly, declining stck price.
LL
Emit - you are looking good dude. And I'm hoping EDIG will continue looking good as well.
Take care my friend.
Bill
Cross EVERYTHING.
LL
Let me know when you spot a Nunchi deal. Get some photos if you can.
And I'm not any better off as a result of the litigation. I'm actually a lot more underwater - if they went completely out of business it wouldn't make much difference to my EDIG ROI.
Regardless of what was going on this week it's all over now.
LL
Well, we know news of litigation does not bring revenues, that leaves the mysterious and not yet witnessed in public Nunchi, the bigfoot of technological innovation - often talked about but never viewed.
LL
Need reve-NUES, not news. Otherwise it will never get legs.
LL
whatever is going on, if anything, there are still people selling into it - I wonder how many more shares polis and RP have?
LL
Can't disagree. Hoping it continues.
LL
I like the concept.
MATH: it's a .07 stock. Many are in at a cost basis of .20 to 1.00. Long way to go for them.
Also, 13 months since "Nunchi" was announced. Video demo shown to shareholders.
RHETORIC: No tangible results but reports of progress and meetings held. Some shareholders state unequivocally "Nunchi" exists. I say it's like bigfoot, only there have been fewer sightings.
LL
This is funny stuff.
Here is one of the slides, posted generously by one of our fellow shareholders, from the SHM over ONE YEAR ago.
Let's set up a pool on when the first round of litigation will be filed. Who is paying for all the expenses? Who's paying for depositions and discovery? Who are they going to be suing and for what alleged infringement? What will the 3-person boutique firm say about the negative markman that exists? What will damages sought be? Most importantly, will these law suits, if successful, have the same results for shareholders that the last rounds did? How much higher were we before we ever filed?
Re Nunchi: I guess they are still developing and looking for partners? Pretty exciting stuff that they have not been able to announce a single development in over a year. Oh, wait, they said they were making progress. And they told a shareholder they had some meetings. I'd fire my guys if they couldn't tell me more than that. Oh, wait, the law firm undoubtedly told them to keep it secret. But that conflicts with getting the word out. This is so confusing, but I'm still very positive about the stock.
•Get the ‘774 & ‘737 patents through reexam
•?New round of litigation
•?Continue developing Nunchi
•?Sign on Nunchi partners and licensees
•?Further develop our other patent pending technologies
•?Get The Word Out!
Here's the pat that throws me for a loop. Someone writes a message like the one below and one has to assume they think there is a logical reason to believe that EDIG's "tech" is being used by Apple.
Can anyone give me a logical reason for that thinking?
"Are you saying that doing nothing is also a valid decision? The fact is (the more I think about it) that we have no choice but to sue them if we want any money from them. They have proven time and again that they only enter in licensing agreements after a decision against.
Where is the good side? What do you recommend we just throw in the towel?"
It's kind of like me saying, should I throw in the towel on the presidential election, or should I keep running for the office? It's surreal.
LL
I'm not really sure they ever invented anything. That's why I always but "the tech" in parentheses. As far as I can tell, everytime "the tech" has been sold to someone the PPS has dropped.
LL
Lots of selling and we've gone back under .07 for a time. I think this "run" is done. Should have sold at .08. Story of my EDIG life.
LL
I have to say that I am astonished that 10 years down the road people are still trying to find find a scintilla of a reason to believe that EDIG has something/anything to do with Apple. EDIG references (now) all the great stuff they did over the years - they were, according to EDIG, the first in many areas. Surprisingly enough, they never made any money from these "firsts." Except jabra, which they evidently spun off so everyone but the shareholders could make money.
Many of the rest of these "firsts" were virtually given away for NRE dollars to "keep the doors open", a talent in which EDIG has few peers.
To think that EDIG's VoiceNav would somehow either be incorporated into Siri, or that EDIG is now, out of the blue, going to bring action against Apple for infringement, borders on the lunatic.
If one could compile the relevant posts over the years one could effectively take some of those from 5, 6, 7, 8 years ago, drop them on some other boards today, and no one would notice they are out of date. This Apple / PortalPlayer line of fantasy has always been particularly irksome as there are certain investors who know virtually nothing about technology as it existed 10 years ago or as it exists today, who are convinced Apple "stole our 'tech'", that VoiceNav is "inside Siri", and that various other unlawfule uses of EDIG's "tech" have taken place.
These are the creations of minds that believe in numerology, fate, and all manner of circumstance, but which do not understand much about present day technology. But they will repeat the actions of the past in which EDIG shareholders can find any excuse at all to continue to "believe," all evidence to the contrary. Remember, a video demo proves that Nunchi "tech" exists.
LL
I think we'll know by Friday if Cassandra is correct (as she often is) re this being a momo, P&D move, or if there is some legitimacy behind it.
LL
Not blaming anyone at all. Happy some people are making money. Many of us will not be able to. And like Richard said on another board there are three outcomes here: 1) they bring a bunch of patent litigation and are successful (not happening in my opinion for reasons gone over multiple times here); 2) the alleged "tech" called Nunchi actually exists, is bought by someone, and produces large, ongoing revenues (not happening in my opinion - doesn't exist in my opinion); 3) turn out the lights, the party's over.
LL
Whole lotta sellin' goin' on.
LL
I see someone was nice enough to leave me the following message on another board. I would agree with almost all of it. I guess the only thing that was left out was that this was indeed good for the company and for DM, unfortunately every so-called "positive result" lowered the PPS. We went all the way down to .025 as a result of these "victories".
So I guess it boils down to whether one is interested in "winning" or making money. I fall into the latter group and, acccordingly, see each of these events as a loss to shareholders. But that's just me.
"Glad you asked...was thinking about that yesterday.
TX 7 we had no Markman and resulted in 7 license settlements.
CO 19, we had settlements/licenses before the MH, after the hearing but before the ruling, and ditto after the ruling for a total of 19 out of 26, and we've had 2 licenses, maybe only 1, don't remember for sure, without litigation...1 for sure after the ruling.
Heck, even HTC and 1 other (forgot who) who filed for the reexams settled before 774 & 737 got NIRC's right? Yup, and they got a discount for sure.
If the Markman is as big of a deal as some say, why did 19 settle?
But, a 2nd Markman is likely and the 1st one is on record.
Might hurt, might not.
Aint no IP lawyer nor is anyone else on these boards...lol.
Bottom line, Handal is handing future infringers....hi LL."
EDIG has been rated buy 100 times in the last 5 years by various penny stock trend sites.
LL
I would agree with you. If nunchi exists and something has been signed or sold of significance then more upside. Otherwise back to normal.
LL
Never, you are on the money. That would be the only basis for a real PPS surge as well. We'll see - I'd be more than shocked.
LL
Tim, I first bought in about 2000 when it was about 1.50. I got. About 3,000 shares. That was when all stocks were going through the roof and I hardly noticed that one day my 3,000 or so shares were worth $65,000.
Then I watched it fall. At around .65 or so I got real smart and started buying by the handful. Well, you can guess the rest.
It's been a con game all along. The list of unethical practices is lengthy, led always by RP with Fred as a sidekick. I always liked fred even though he profited from pulling the wool over investors' eyes. It would be nice if there is some substance to this run, but it would be a first for Nunnally, Fred and EDIG.
Parker and I spent a year trying to help Will Blakely, a truly good-hearted guy, give back to the shareholders. RP undermined all of us - undermined Atul as well. I have to think in his heart of heart Fred would like to create a return for those who have been screwed over time and again. I hope it happens. I doubt it will.
LL
Well, I remain unconvinced that it's Nunchi. Just my opinion.
LL
You're probably right, but it seems most of the litigation myths have been pretty well debunked. I can't see as many shareholders getting behind that, but of course that is the only "news" that has come out recently.
LL
Oh, by the way - Yes Joe, your .025 shares are looking really good now! Only needs to go up about 500% more.
LL
OK - I'm stirring up some humble pie - getting ready to put it in the oven.
I don't know if I'm going to have to fly to Dischino's house and grovel - but got to say this is not explainable by traditional penny stock pump and dump. Unless shareholders have gone completely wacky. Still just my opinion!
LL
You might be right, but I don't see that as real news. What happened with the last batch of patents? Stock went down with every settlement or judgment. Doesn't make sense that the market would see USPTO stuff as valuable given the outstanding markman and histoy.
Nunchi? "Opinions" vary.
But the stock seems stablized at 06, which is where we were hoping it would never be again a year ago.
I'm sure more surprises are coming, I just hate to imagine what they might be.
LL
I have to agree that there is some evidence that at least some part of Nunchi now exists - even if only a CD.
LL
Nope.
LL
I don't know - neither do you. It doesn't matter what Fred says - it doesn't matter than he showed you a server. You are proving my basic point - a video and statements from Fred/Edig are the only "proff" this exists.
By the way, stock still inching up so I hope you get to say "I told you so" at some point about your opinion.
LL
See, this is the difference in opinions and facts. I held it in my hand and used it for an entire day. Parker created the GUI which I still have. Kevin Bostenero was there for technical purposes. Fred and Will were there. I have .pdf collateral EDIG created for the event at the Denver hospital. I have the RFI we did which garnered us one of the top two spots in the finals.
The Director of the hospital used it to do email and access his LAN. Biomedman, after seeing the collateral, asked if his company could use it as a monitor at the US largest medical device trade show.
This is hands-on experience with a real device with real technology and real meetings with real propsects who expressed real interest and ask for real proposals. None of that is an opinion.
LL
I agree that it is conjecture/opinion. I think it is reaching to say that watching a video lends more credibility to one opinion than another, particularly when the other opinion carries equal weight in terms of having actually worked with EDIG, DONE DAYLONG ACTUAL CUSTOMER DEMOS with edig prospects, and submitted RFIs to prospects with EDIG.
But as to your essential point, both views are just opinions. I don't know how you can say one opinion is more credible than another.
When/if something definitive happens we'll know something. The facts will trump the opinions.
LL
We'll have to agree to disagree. I say it exists according to statements made by EDIG and Fred. There is no eivdence of it elsewhere.
And, in my opinion, we'll never see it. But that's just my opinion.
Yours is an opinion also since you have not seen it, nor do you know anyone who has seen it, other than a video demo. But we all believe what we want to believe. The beauty of EDIG.
LL