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.
RECENTLY On 9/14/17, there was actually a new high of .005, with a BID .0034 X ASK .005, SINCE that time in the PAST. That is a reflection of the POSITIVE developments. The premature filing of Chapter 7 appears at this time is less significant as noted by the share price increase. Most likely what will happen is either we will see the reorganizing of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the share price either way.
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 hopefully the judge will quash the premature 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.
Don't fret about the volume. It only means that no one is selling and it is in a holding pattern. Lots of shares out there still being held. Cautiously weak bids are not going to move the PPS at this time. Most new investors are waiting for the dismissal of the prematurely filed Chapter 7 on October 5th. When that day comes, then they will just have to pay a bit more for their shares.
