e.Digital Corporation (fka EDIG)

[Cassandra]

Using OPM is how most companies survive and grow, especially in their formative years.

But aren't these companies expected to provide a return to the "OP" who funded them??? The "OP" are not the finaciers but the shareholders who bought the shares the finaciers were given.

EDIG/NCII has been using "OPM" (other people's money) to fund all of its activities for many, many years. Over $65 million of shareholder OPM has been thrown in the incinerator to be burned without creating any enduring shareholder value. Much of that has gone to pay for salaries and bonuses of the very people who keep stringing shareholders along with ever evolving promises of great things to come "soon."

Remember that they chose to pay themselves very large bonuses rather than to fund inventory, pay interest on loans, file patents on proprietary technology or settle company debts.

Certainly e.Digital loves OPM! The question is why the OP who provide the M don't hold them accountable as to how it is used.

Over the last few years the M provided by OP has been a pure (non deductible) donation to EDIG management and its "friendly" financiers.