e.Digital Corporation (fka EDIG)

[owd3]

A 40 or 50 to 1 reverse split is probably more in line in this case. Why bother with something that puts you right on the edge?? Go to all that bother and then a little drop takes you back under $5 anyway? Go big or don't do it.

The webcast showed they they clearly cannot get there with the revenue they are projecting, the weight of the float is just too overwhelming for a $1M-$2M a quarter company.

Serious question, if they did do this reverse split, does the authorized outstanding shares stay at 200M?? They would then have the added advantage of being able to print millions and millions and millions of more shares without getting shareholder approval? Anyone know?

Another questions from the webcast. Is "working with OEMs on PRs" the 2003 equivalent to "stacks of PRs on my desk"? And are all the unnamed, super-secret deals the 2003 equivalent of "double digit OEMs". Did they just replay the tape from 2 years ago?