InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,678.40
(
0.19%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.25
(
-0.09%
)
Bitcoin
54,279.16
(
-4.74%
)
Post# of 93820
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (6) Keep Next 10 Report Keyboard Shortcuts
Replies (6) Next 10 Prev Next

Cassandra

Send PM Follow Ignore
Followers 278
Posts 12043
Boards Moderated 10
Alias Born 02/09/2003

Cassandra

Re: None

Thursday, 11/13/2003 6:31:58 PM

Thursday, November 13, 2003 6:31:58 PM

Post# of 93820
IMO, this statement about the Asian OEM needs to be clarified further. Why didn't they specifically state that this OEM licensed MicroOS or other e.Digital technology? Why isn't it made clear the the royalty will be per-unit? I'm getting the feeling that this may not be such a big deal after all.

In September 2003, the Company entered into a royalty bearing licensing
agreement with a multi-billion dollar Asian OEM for the manufacture of the
Company's Odyssey 1000(TM) platform for OEM branding. The Asian OEM will
manufacture a 1.8" version of the Odyssey 1000(TM) for specific OEM branding and
e.Digital is supporting the technology, software, firmware and upgrades to the
Odyssey 1000(TM) platform. Products manufactured under this agreement are
scheduled for consumer release in our third fiscal quarter

~Cassandra



Public Reply Private Reply New Post
Keep Last Read
Replies (6) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (6) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up