e.Digital Corporation (fka EDIG)

[murrayhill]

Definitive reason?
In hindsight, the whole thing stunk.....here's a company applying for a full NASDAQ listing with equal prominence given on their web page for logo wear items (like mugs and shirts) as the important matters like partners products and services. They had NOTHING going except a grossly inflated share price. Instead of a significant OEM in the consumer electronics world licensing their platform for a DAP, they had MAYCOM. Music players with the features they claimed to bring to the table were not required. Secure content was YEARS AWAY. They had no money. Their one revenue bearing contract (Lanier) was failing. They had no board member with financial management experience, and two of the officers sold into the listing hype.

Heady times, eh?