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Re: philozarton post# 52438

Monday, 11/24/2003 10:43:12 AM

Monday, November 24, 2003 10:43:12 AM

Post# of 93824
Since this is not the first time that E-Digital has sold convertible shares to friendly investors, shareholders are not reacting negatively. Everyone knew that fund raising was required after the larger than expected loss was seen in the last quarterly statement. For the few lucky people who got in on that financing deal it is a no lose situation. They will recover their investments and make profits in multiple ways.
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