e.Digital Corporation (fka EDIG)

[owd3]

But if what they are saying is true....that this $1.2M is an "essential ingredient necessary for closing significant new OEM business"

why would the price drop at all? If you believe what EDIG is telling you, wouldn't you expect the price to actually increase with this news?

But the price drops because nobody is buying that BS anymore. They have made that claim before and not delivered. Plus, with the huge working capital deficit they have, no one can possibly think this money isn't going to fund day-to-day operations (SALARIES!).Either that or ANOTHER filing will be here shortly.

But the one thing that is clear at this point is that all the deals to date apparently are having very little impact on the bottom line. If they were, EDIG would not have to sell more shares to fund operations.