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Re: WTFDIK post# 37860

Tuesday, 06/10/2003 5:04:41 PM

Tuesday, June 10, 2003 5:04:41 PM

Post# of 93821
I'm confused....

I know I am not the sharpest knife, but someone help me here. EDIG is selling close to selling 2000 01000's/month, they have these locked in LOC's so they don't have to pay upfront cost, they are going to deliver a huge order by the end of this month, and they STILL have to sell shares???

I was under the impression that the O1000's alone would cover the "low burn rate", and they have to sell shares to raise money??

Can someone explain why a company with a product like the O1000 out there and all these other income streams would need to nickle and dime anther $1.1M out of the shareholder's pocket?
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