e.Digital Corporation (fka EDIG)

[Cassandra]

DABOSS: I made that prediction nearly a year ago in response to LawyerLong. In the last year, I have learned a lot about how extremely tolerant EDIG long shareholders are about horrible loans from offshore shells and dilutive death-spiral financing.

A year ago, I would never believe that longs would still be buying the stock in a company that has had negative revenue for the previous 5 quarters.

EDIG has completely failed as a business and has been technically insolvent for over a year. If it weren't for the (irrational IMO) enthusiasm of the long shareholder base, the company would have been out of business long ago.

Sentinel is also right in that my more recent prediction is that EDIG will be in the single digits by August and will be out of business by the end of 2003.

However, I will honor what I said to LL a year ago and if EDIG is still in business on September 1, 2003, I will no longer post on the RB EDIG board. And no, I will NOT create a new ID to post there. I will continue to post here as long as Matt allows. If anyone wants to repost my information on RB, they are free to do so.

I would be interesting if you'd make a similar agreement when your predictions don't come true.