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Re: knoxlube post# 89568

Tuesday, 07/11/2017 11:56:24 PM

Tuesday, July 11, 2017 11:56:24 PM

Post# of 93824
EDIG had "going concern" statements in all their financials since they had less than 1 year of money left as required by the SEC. People had to know they only had 362k or so as of 12/31/16 if they read the financials with a 100k a month burn rate. That should spell the end is near to those that bothered to read. Nobody will get anything out of any lawsuits against EDIG and shareholders have nobody to blame but themselves for trusting a company that has always come up very short on implied potential for over 17 years. Shareholders have always lost waiting for any type of enduring financial results with EDIG. That has been the only certainty with the company. If you bet against all of their many efforts succeeding you would have won every time! Seems like more than just bad luck as I pointed out many times. Sadly people were in love with the stock for some reason probably because they were already so underwater in the stock they just wanted to believe and the PRs did sound good. Right up until the very end. In my opinion.
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