e.Digital Corporation (fka EDIG)

[Trenddetector]

Re: Eclipse - Cass -

We recognize product revenue upon shipment of a product to the customer, FOB destination or FOB shipping point depending on the specific contract term, if a signed contract exists, the fee is fixed and determinable, collection of resulting receivables is probable and there are no resulting obligations. With most of our consumer electronics retailers, we do not meet the criteria for revenue recognition upon shipment and therefore only recognize the revenue as the product is sold through our customer to the ultimate end-user

You're so easy, Cass. Try to spin it again. Come on, I'm waiting.