e.Digital Corporation (fka EDIG)

[Meister Price]

YES IT DOES SUM IT ALL UP...

LAST UPDATE BEFORE TOMORROWS HEARING...

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 (the PAST).

RECENTLY On 9/27/17, there was NEW high of .008. It was BID .007 X ASK .008. That is a reflection of the RECENT POSITIVE developments.

The filing of Chapter 7 appears at THIS TIME to be premature and less significant as noted by the share price increase. Most likely what will happen is either shareholders will see the reorganizing and restructuring of EDIG with a Chapter 11, or possibly a takeover which will undoubtedly drive up the PPS quite significantly.

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 most likely the judge will quash the 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!

FROM REAL SHAREHOLDERS...

REALITY:

Fred Falk mismanaged this company bigtime and what he has done was to file for Chapter 7 (which the judge will surely dismiss) prematurely in an attempt to get out of it. He has failed the shareholders horribly. They STILL have patents, and they had very LITTLE debt. They STILL have ongoing lawsuits against infringements that are "beneficial" to eDigital Company that are on hold. Dr. Nunally has stated that he has a proven tech turnaround team committed to stepping in. Also, there are other things being worked on that are POSITIVE and not discussed on message boards. All the negativity that you bring up is not going to stop the dismissal of a liquidation Chapter 7, changed to a reorganizing and restructuring Chapter 11. But thanks for your opinion anyway.

A bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge; however, much of the bankruptcy process is administrative. In cases under chapter 7 or 13, this administrative process is carried out by a case trustee appointed by the United States Trustee, to oversee the case.

The trustee if he sees fit (and he does) will then appoint a new CEO and NEW Board Members to restructure and reorganize a NEW eDigital company (or possibly a take over)


OCTOBER 5TH COMING SOON!


>>>Need to read this...

EDIGITAL CORPORATION IS A GOOD RISK/REWARD PLAY...

https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/